iCoreConnect Inc
OTC:ICCT

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iCoreConnect Inc
OTC:ICCT
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Price: 0.001 USD Market Closed
Market Cap: $9.8k

Gross Margin

74.7%
Current
Improving
by 0.7%
vs 3-y average of 74%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
74.7%
=
Gross Profit
$5.8m
/
Revenue
$7.7m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
74.7%
=
Gross Profit
$5.8m
/
Revenue
$7.7m

Peer Comparison

Country Company Market Cap Gross
Margin
US
iCoreConnect Inc
OTC:ICCT
9.8k USD
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US
Cerner Corp
LSE:0R00
31.3B USD
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US
Veeva Systems Inc
NYSE:VEEV
28.5B USD
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AU
Pro Medicus Ltd
ASX:PME
11.3B AUD
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JP
M3 Inc
TSE:2413
1.1T JPY
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US
Waystar Holding Corp
NASDAQ:WAY
4.7B USD
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US
Doximity Inc
NYSE:DOCS
4.4B USD
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SE
Sectra AB
STO:SECT B
35.5B SEK
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CN
Winning Health Technology Group Co Ltd
SZSE:300253
24.5B CNY
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IN
Inventurus Knowledge Solutions Ltd
NSE:IKS
254B INR
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US
Vocera Communications Inc
F:V00
2.4B EUR
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Market Distribution

Higher than 84% of companies in the United States of America
Percentile
84th
Based on 12 729 companies
84th percentile
74.7%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

iCoreConnect Inc
Glance View

Market Cap
9.8k USD
Industry
Health Care

iCoreConnect, Inc. engages in the provision of cloud-based software and technology. The company is headquartered in Ocoee, Florida and currently employs 67 full-time employees. The company went IPO on 2022-02-25. The firm is focused on increasing workflow productivity and practice profitability through its enterprise and healthcare workflow platform of applications and services. The firm is primarily engaged in providing solutions to solve the healthcare business problems. iCoreConnect touts a platform of over 16 software-as-a-service (SaaS) enterprise solutions and more than 100 agreements with state or regional healthcare associations across the United States. The company offers solutions for the dental, medical and business information technology (IT) sectors. The firm offers cloud-based SaaS offering under the names of iCoreRx, iCorePDMP, iCoreEPCS, iCoreVerify, iCoreVerify+, iCoreHuddle, iCoreHuddle+, iCoreCodeGenius, iCoreExchange, iCoreCloud, iCorePay, iCoreSecure, iCoreClaims, iCoreHIPAA, iCoreAcademy and iCoreIT. iCoreRx is an e-prescribing solution to improve efficiency, resource utilization, and patient safety.

ICCT Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
74.7%
=
Gross Profit
$5.8m
/
Revenue
$7.7m
What is iCoreConnect Inc's current Gross Margin?

The current Gross Margin for iCoreConnect Inc is 74.7%, which is above its 3-year median of 74%.

How has Gross Margin changed over time?

Over the last 3 years, iCoreConnect Inc’s Gross Margin has increased from 55.5% to 74.7%. During this period, it reached a low of 52.5% on Dec 31, 2020 and a high of 74.7% on Sep 30, 2023.

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