CareView Communications (PK: CRVW) is a rapidly growing and exciting healthcare technology provider. CareView is the next generation of patient care monitoring, safety and security. Unlike any other company in healthcare today, CareVeiw has introduced the most innovative and resourceful element of patient care-continual observation and monitoring. CareView has developed a variety of clinical products to best serve hospitals, nursing homes, caregivers, patients, families and visitors alike.
We have proven in our partner hospitals that our products
- Reduce falls
- Reduce the cost of using sitters
- Increase HCAHPS / Patient Satisfaction
- Reduce bed turnaround time to increase patient flow
For patients, CareView has a convenient in-room entertainment package that includes high-speed Internet, access to first run on-demand movies and visual connectivity to family and friends from anywhere in the world. For the hospital, CareView offers tools to provide superior care, peace of mind and customer service satisfaction.
Company Growth (employees)
CareView Communications is headquartered in Lewisville, US
Key People at CareView Communications
Tommy G. Thompson
Chairman of The Board
Steven G. Johnson
President and Chief Operating Officer
CareView Communications Office Locations
CareView Communications has an office in Lewisville
Lewisville, US (HQ)
405 State Highway 121 Bypass, Suite B240
CareView Communications Data and Metrics
CareView Communications Financial Metrics
CareView Communications's revenue was reported to be $1.5 m in Q1, 2017
USD
Revenue (Q1, 2017) | 1.5 m |
Net income (Q1, 2017) | (5 m) |
EBIT (Q1, 2017) | (1.8 m) |
Market capitalization (19-Jul-2017) | 13.9 m |
Closing share price (19-Jul-2017) | 0.1 |
Cash (31-Mar-2017) | 7.8 m |
CareView Communications's current market capitalization is $13.9 m.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 2.1 m | 3.1 m | 5.1 m | 6 m |
Revenue growth, % | 48% | 68% | 16% | |
Sales and marketing expense | 777 k | |||
R&D expense | 1.3 m | |||
Operating expense total | 8.7 m | 9.8 m | 12 m | 12.3 m |
EBIT | (6.6 m) | (6.8 m) | (6.9 m) | (6.3 m) |
EBIT margin, % | (320%) | (221%) | (133%) | (106%) |
Interest expense | 8 m | 7.8 m | 9.7 m | (12.6 m) |
Interest income | 2.6 k | 3.6 k | 8.6 k | 17.3 k |
Net Income | (14.6 m) | (14.5 m) | (16.4 m) | (18.7 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 698.1 k | 840.6 k | 1 m | 1.3 m | 1.4 m | 1.5 m | 1.5 m | 1.5 m | 1.5 m |
Sales and marketing expense | 155.1 k | 132.1 k | 197.6 k | 233.2 k | 163.3 k | 221.7 k | 153.4 k | 216.8 k | 193.7 k |
R&D expense | 232.2 k | 291 k | 225.2 k | 306.4 k | 283.9 k | 249.1 k | 328.4 k | 347.6 k | 410.2 k |
Operating expense total | 387.3 k | 423.1 k | 422.8 k | 539.6 k | 447.2 k | 470.8 k | 481.7 k | 564.5 k | 604 k |
EBIT | (1.7 m) | (1.6 m) | (1.5 m) | (1.9 m) | (1.6 m) | (1.6 m) | (1.4 m) | (1.6 m) | (1.8 m) |
EBIT margin, % | (245%) | (189%) | (151%) | (153%) | (113%) | (109%) | (94%) | (107%) | (120%) |
Interest expense | (2.3 m) | (2.1 m) | (2 m) | (2.2 m) | (2.3 m) | (3.2 m) | (3.1 m) | (3.2 m) | (3.2 m) |
Interest income | 963 | 693 | 1.1 k | 1.3 k | 885 | 5 k | 4.5 k | 4.1 k | 3 k |
Pre tax profit | (3.3 m) | ||||||||
Net Income | (3.9 m) | (3.3 m) | (3.8 m) | (3.9 m) | (3.8 m) | (4.7 m) | (4.5 m) | (4.7 m) | (5 m) |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 4.1 m | 2.5 m | 17.7 m | 10.1 m |
Accounts Receivable | 680.1 k | 1.2 m | 1.1 m | |
Current Assets | 4.6 m | 3.5 m | 19.3 m | 11.3 m |
PP&E | 5.3 m | 4.5 m | 4.2 m | |
Total Assets | 12.4 m | 9.9 m | 30.1 m | 21.5 m |
Accounts Payable | 414.9 k | 244.8 k | 332.4 k | 195.5 k |
Total Debt | 883.2 k | 883 k | 878.3 k | |
Current Liabilities | 2.9 m | 1.2 m | 2 m | 1.9 m |
Non-Current Liabilities | 18.3 m | 24 m | 53.9 m | 62.3 m |
Total Liabilities | 21.3 m | 25.2 m | 55.9 m | 64.2 m |
Additional Paid-in Capital | 71.2 m | 76.5 m | 82.4 m | 84.1 m |
Retained Earnings | (79.8 m) | (91.5 m) | (107.8 m) | (126.4 m) |
Total Equity | (8.8 m) | (15.3 m) | (25.7 m) | (42.7 m) |
Debt to Equity Ratio | -0.1 x | 0 x | 0 x | |
Debt to Assets Ratio | 0.1 x | 0 x | 0 x | |
Financial Leverage | -1.4 x | -0.6 x | -1.2 x | -0.5 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 6.2 m | 3.9 m | 7.4 m | 5.2 m | 3.8 m | 15.6 m | 14.1 m | 12.3 m | 7.8 m |
Accounts Receivable | 445.5 k | 526.7 k | 671.5 k | 1.2 m | 1.1 m | 994.8 k | 1.1 m | ||
Current Assets | 6.9 m | 4.6 m | 8.6 m | 6.5 m | 5.1 m | 17.2 m | 15.5 m | 13.5 m | 9.3 m |
PP&E | 5 m | 5 m | 4.8 m | 4.5 m | 4.3 m | 4.2 m | 3.8 m | ||
Total Assets | 13.9 m | 11.4 m | 15 m | 15 m | 13.3 m | 28.1 m | 26.1 m | 23.9 m | 19.1 m |
Accounts Payable | 219.3 k | 70.2 k | 428.2 k | 511.3 k | 412.1 k | 387.3 k | 337.9 k | 280.4 k | 336.9 k |
Current Liabilities | 2.9 m | 1.8 m | 1.3 m | 2.7 m | 2.6 m | 2.1 m | 2.1 m | 2.1 m | 1.3 m |
Non-Current Liabilities | 25.3 m | 26.5 m | 30.7 m | 31.2 m | 32.9 m | 55.7 m | 57.5 m | 59.4 m | 65.3 m |
Additional Paid-in Capital | 74.1 m | 74.7 m | 78.6 m | 80.6 m | 81.2 m | 83.1 m | 83.8 m | 84.5 m | 84.3 m |
Retained Earnings | (88.1 m) | (91.4 m) | (95.3 m) | (99.2 m) | (103 m) | (112.5 m) | (116.9 m) | (121.6 m) | (132 m) |
Total Equity | (14.3 m) | (16.9 m) | (17 m) | (19 m) | (22.2 m) | (29.7 m) | (33.5 m) | (37.6 m) | (47.5 m) |
Financial Leverage | -1 x | -0.7 x | -0.9 x | -0.8 x | -0.6 x | -0.9 x | -0.8 x | -0.6 x | -0.4 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | (14.6 m) | (14.5 m) | (16.4 m) | (18.7 m) |
Depreciation and Amortization | 1.6 m | 1.7 m | 1.7 m | 1.8 m |
Accounts Receivable | 62.7 k | (375.1 k) | (496.3 k) | 107.1 k |
Accounts Payable | 248.5 k | (170.1 k) | 87.6 k | (136.9 k) |
Cash From Operating Activities | (1.3 m) | (1.6 m) | 15.1 m | |
Purchases of PP&E | (106 k) | (602.1 k) | (878.9 k) | (1.4 m) |
Cash From Investing Activities | (444.4 k) | (1 m) | (4.6 m) | (1.5 m) |
Interest Paid | 169.7 k | 107.3 k | 641 k | 2.7 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (3.9 m) | (3.3 m) | (3.8 m) | (3.9 m) | (3.8 m) | (4.7 m) | (4.5 m) | (4.7 m) | (5 m) |
Depreciation and Amortization | 407.4 k | 420.1 k | 415.9 k | 442.2 k | 437.4 k | 445.4 k | 451.6 k | 453.5 k | 453.7 k |
Accounts Receivable | 445.5 k | 526.7 k | 671.5 k | 1.2 m | 1.1 m | 994.8 k | 1.1 m | ||
Accounts Payable | 219.3 k | 70.2 k | 428.2 k | 511.3 k | 412.1 k | 387.3 k | 337.9 k | 280.4 k | 336.9 k |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 26.7 k |
Financial Leverage | -0.4 x |
