HCTI: Healthcare Triangle Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Healthcare Triangle Inc (HCTI).

OverviewDividends

$5.59M Market Cap.

As of 05/20/2025 5:00 PM ET (MRY) • Disclaimer

HCTI Market Cap. (MRY)


HCTI Shares Outstanding (MRY)


HCTI Assets (MRY)


Total Assets

$1.96M

Total Liabilities

$7.08M

Total Investments

$0

HCTI Income (MRY)


Revenue

$11.70M

Net Income

-$5.97M

Operating Expense

$7.64M

HCTI Cash Flow (MRY)


CF Operations

-$1.08M

CF Investing

$0

CF Financing

-$133.00K

HCTI Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$1,961,000 (-71.41%)

$6,858,000 (-48.29%)

$13,262,000 (-46.12%)

$24,613,000 (121.59%)

Assets Current

$1,452,000 (-74.31%)

$5,653,000 (-29.53%)

$8,022,000 (-32.04%)

$11,804,000 (47.04%)

Assets Non-Current

$509,000 (-57.76%)

$1,205,000 (-77.00%)

$5,240,000 (-59.09%)

$12,809,000 (315.89%)

Goodwill & Intangible Assets

$0 (0%)

$857,000 (-79.02%)

$4,085,000 (-65.23%)

$11,747,000 (348.52%)

Shareholders Equity

-$5,114,000 (-267.65%)

-$1,391,000 (-123.03%)

$6,040,000 (-62.57%)

$16,135,000 (272.77%)

Property Plant & Equipment Net

$12,000 (-72.73%)

$44,000 (-45.00%)

$80,000 (-67.48%)

$246,000 (1458.34%)

Cash & Equivalents

$20,000 (-98.38%)

$1,234,000 (-7.98%)

$1,341,000 (-24.24%)

$1,770,000 (26.19%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$1,607,000 (-58.78%)

$3,899,000 (-43.82%)

$6,940,000 (-33.83%)

$10,488,000 (53.31%)

Trade & Non-Trade Payables

$2,539,000 (30.01%)

$1,953,000 (31.87%)

$1,481,000 (-20.93%)

$1,873,000 (-56.94%)

Accumulated Retained Earnings (Deficit)

-$33,571,000 (-21.63%)

-$27,602,000 (-45.92%)

-$18,916,000 (-610.06%)

-$2,664,000 (-181.07%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$2,650,000 (-31.79%)

$3,885,000 (44.69%)

$2,685,000 (-22.26%)

$3,454,000 (357.85%)

Debt Current

$2,650,000 (-30.04%)

$3,788,000 (41.08%)

$2,685,000 (-22.26%)

$3,454,000 (357.85%)

Debt Non-Current

$0 (0%)

$97,000 (0%)

$0 (0%)

$0 (0%)

Total Liabilities

$7,075,000 (-14.23%)

$8,249,000 (14.22%)

$7,222,000 (-14.81%)

$8,478,000 (25.06%)

Liabilities Current

$6,575,000 (-19.34%)

$8,152,000 (23.57%)

$6,597,000 (5.54%)

$6,251,000 (-7.79%)

Liabilities Non-Current

$500,000 (415.46%)

$97,000 (-84.48%)

$625,000 (-71.94%)

$2,227,000 (0%)

HCTI Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$11,696,000 (-64.77%)

$33,203,000 (-27.64%)

$45,886,000 (30.10%)

$35,270,000 (12.54%)

Cost of Revenue

$8,806,000 (-66.68%)

$26,426,000 (-23.60%)

$34,591,000 (39.77%)

$24,748,000 (8.77%)

Selling General & Administrative Expense

$6,153,000 (-40.82%)

$10,397,000 (-14.58%)

$12,172,000 (32.29%)

$9,201,000 (89.21%)

Research & Development Expense

$429,000 (-46.31%)

$799,000 (-90.18%)

$8,138,000 (54.80%)

$5,257,000 (201.59%)

Operating Expenses

$7,641,000 (-47.20%)

$14,472,000 (-47.60%)

$27,618,000 (73.92%)

$15,880,000 (114.33%)

Interest Expense

$1,213,000 (25.31%)

$968,000 (356.60%)

$212,000 (-62.61%)

$567,000 (620.95%)

Income Tax Expense

$12,000 (-65.71%)

$35,000 (-93.08%)

$506,000 (2008.33%)

$24,000 (-90.68%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$5,969,000 (31.28%)

-$8,686,000 (39.50%)

-$14,358,000 (-141.35%)

-$5,949,000 (-352.78%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$5,969,000 (31.28%)

-$8,686,000 (39.50%)

-$14,358,000 (-141.35%)

-$5,949,000 (-352.78%)

Preferred Dividends Income Statement Impact

$7,435,000 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$5,969,000 (31.28%)

-$8,686,000 (39.50%)

-$14,358,000 (-141.35%)

-$5,949,000 (-352.78%)

Weighted Average Shares

$5,278,293 (26.30%)

$4,179,140 (12.99%)

$3,698,555 (25.68%)

$2,942,786 (5.48%)

Weighted Average Shares Diluted

$5,278,293 (26.30%)

$4,179,140 (12.99%)

$3,698,555 (25.68%)

$2,942,786 (5.48%)

Earning Before Interest & Taxes (EBIT)

-$4,744,000 (38.25%)

-$7,683,000 (43.67%)

-$13,640,000 (-154.57%)

-$5,358,000 (-299.22%)

Gross Profit

$2,890,000 (-57.36%)

$6,777,000 (-40.00%)

$11,295,000 (7.35%)

$10,522,000 (22.55%)

Operating Income

-$4,751,000 (38.26%)

-$7,695,000 (52.86%)

-$16,323,000 (-204.65%)

-$5,358,000 (-555.34%)

HCTI Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

$0 (0%)

-$12,000 (98.94%)

-$1,134,000 (85.14%)

-$7,629,000 (-1497.84%)

Net Cash Flow from Financing

-$133,000 (-106.47%)

$2,056,000 (-66.06%)

$6,058,000 (-59.90%)

$15,108,000 (821.22%)

Net Cash Flow from Operations

-$1,081,000 (49.74%)

-$2,151,000 (59.82%)

-$5,353,000 (24.73%)

-$7,112,000 (-868.05%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$1,214,000 (-1034.58%)

-$107,000 (75.06%)

-$429,000 (-216.89%)

$367,000 (-14.23%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

$0 (0%)

-$12,000 (70.00%)

-$40,000 (49.37%)

-$79,000 (0%)

Issuance (Repayment) of Debt Securities

-$1,089,000 (-169.99%)

$1,556,000 (451.77%)

$282,000 (-68.24%)

$888,000 (-45.85%)

Issuance (Purchase) of Equity Shares

$956,000 (91.20%)

$500,000 (-91.34%)

$5,776,000 (-59.38%)

$14,220,000 (0%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$109,000 (-60.22%)

$274,000 (-28.08%)

$381,000 (-68.14%)

$1,196,000 (0%)

Depreciation Amortization & Accretion

$889,000 (-43.23%)

$1,566,000 (-46.77%)

$2,942,000 (106.89%)

$1,422,000 (77.04%)

HCTI Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

24.70% (21.08%)

20.40% (-17.07%)

24.60% (-17.45%)

29.80% (8.76%)

Profit Margin

-51.00% (-94.66%)

-26.20% (16.29%)

-31.30% (-85.21%)

-16.90% (-325.33%)

EBITDA Margin

-33.00% (-79.35%)

-18.40% (21.03%)

-23.30% (-108.04%)

-11.20% (-200.90%)

Return on Average Equity (ROAE)

295.20% (287.67%)

-157.30% (-43.00%)

-110.00% (-89.33%)

-58.10% (-177.78%)

Return on Average Assets (ROAA)

-121.70% (-96.93%)

-61.80% (10.95%)

-69.40% (-108.41%)

-33.30% (-237.04%)

Return on Sales (ROS)

-40.60% (-75.76%)

-23.10% (22.22%)

-29.70% (-95.39%)

-15.20% (-276.74%)

Return on Invested Capital (ROIC)

258.50% (173.02%)

-354.00% (-44.84%)

-244.40% (-113.45%)

-114.50% (83.42%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0%

Price to Earnings Ratio (P/E)

-0.87 (33.86%)

-1.32 (-185.10%)

-0.46 (94.83%)

-8.96

Price to Sales Ratio (P/S)

0.45 (28.61%)

0.35 (138.62%)

0.14 (-90.40%)

1.51

Price to Book Ratio (P/B)

-1.09 (87.05%)

-8.44 (-781.28%)

1.24 (-71.63%)

4.37

Debt to Equity Ratio (D/E)

-1.38 (76.68%)

-5.93 (-595.82%)

1.2 (127.81%)

0.53 (-66.48%)

Earnings Per Share (EPS)

-1.13 (45.67%)

-2.08 (46.39%)

-3.88 (-92.08%)

-2.02 (-340.48%)

Sales Per Share (SPS)

2.22 (-72.11%)

7.95 (-35.96%)

12.41 (3.51%)

11.98 (6.69%)

Free Cash Flow Per Share (FCFPS)

-0.2 (60.42%)

-0.52 (64.47%)

-1.46 (40.34%)

-2.44 (-829.28%)

Book Value Per Share (BVPS)

-0.97 (-190.99%)

-0.33 (-120.39%)

1.63 (-70.22%)

5.48 (253.51%)

Tangible Assets Book Value Per Share (TABVPS)

0.37 (-74.09%)

1.44 (-42.12%)

2.48 (-43.25%)

4.37 (43.72%)

Enterprise Value Over EBIT (EV/EBIT)

-1 (50.00%)

-2 (0%)

0 (0%)

-14

Enterprise Value Over EBITDA (EV/EBITDA)

-1.72 (30.41%)

-2.48 (-354.31%)

-0.55 (97.04%)

-18.38

Asset Turnover

2.38 (1.02%)

2.36 (6.50%)

2.22 (12.25%)

1.98 (-39.01%)

Current Ratio

0.22 (-68.11%)

0.69 (-43.01%)

1.22 (-35.59%)

1.89 (59.46%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$1,081,000 (50.02%)

-$2,163,000 (59.89%)

-$5,393,000 (25.00%)

-$7,191,000 (-878.80%)

Enterprise Value (EV)

$6,643,713 (-56.14%)

$15,145,935 (159.72%)

$5,831,671 (-91.94%)

$72,351,910

Earnings Before Tax (EBT)

-$5,957,000 (31.14%)

-$8,651,000 (37.55%)

-$13,852,000 (-133.79%)

-$5,925,000 (-326.94%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$3,855,000 (36.98%)

-$6,117,000 (42.82%)

-$10,698,000 (-171.80%)

-$3,936,000 (-212.69%)

Invested Capital

-$1,984,000 (-496.80%)

$500,000 (-87.26%)

$3,924,000 (-52.72%)

$8,299,000 (682.19%)

Working Capital

-$5,123,000 (-105.00%)

-$2,499,000 (-275.37%)

$1,425,000 (-74.34%)

$5,553,000 (344.77%)

Tangible Asset Value

$1,961,000 (-67.32%)

$6,001,000 (-34.61%)

$9,177,000 (-28.67%)

$12,866,000 (51.57%)

Market Capitalization

$5,589,713 (-52.40%)

$11,741,935 (56.94%)

$7,481,671 (-89.38%)

$70,479,137

Average Equity

-$2,022,250 (-136.62%)

$5,522,500 (-57.70%)

$13,055,500 (27.60%)

$10,231,685 (224.65%)

Average Assets

$4,905,000 (-65.12%)

$14,063,000 (-32.05%)

$20,695,500 (15.87%)

$17,860,282 (84.51%)

Invested Capital Average

-$1,835,250 (-184.55%)

$2,170,500 (-61.11%)

$5,580,750 (19.25%)

$4,679,997 (1301.51%)

Shares

5,666,781 (32.48%)

4,277,572 (2.74%)

4,163,423 (6.92%)

3,893,875 (0.00%)