Corecard Crp Financials
This page shows Corecard Crp (CCRD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Corecard Crp has an operating margin of 11.4%, meaning the company retains $11 of operating profit per $100 of revenue. This results in a moderate score of 57/100, indicating healthy but not exceptional operating efficiency. This is up from 9.5% the prior year.
Corecard Crp's revenue grew a modest 2.5% year-over-year to $57.4M. This slow but positive growth earns a score of 36/100.
Corecard Crp carries a low D/E ratio of 0.21, meaning only $0.21 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 4.75, Corecard Crp holds $4.75 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While Corecard Crp generated $5.8M in operating cash flow, capex of $4.9M consumed most of it, leaving $893K in free cash flow. This results in a low score of 8/100, reflecting heavy capital investment rather than weak cash generation.
Corecard Crp's ROE of 10.5% shows moderate profitability relative to equity, earning a score of 42/100. This is up from 6.4% the prior year.
Corecard Crp scores 13.63, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($183.9M) relative to total liabilities ($10.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Corecard Crp passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Corecard Crp generates $1.06 in operating cash flow ($5.8M OCF vs $5.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Corecard Crp generated $57.4M in revenue in fiscal year 2024. This represents an increase of 2.5% from the prior year.
Corecard Crp's EBITDA was $10.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 12.6% from the prior year.
Corecard Crp generated $893K in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 92.3% from the prior year.
Corecard Crp reported $5.4M in net income in fiscal year 2024. This represents an increase of 60.5% from the prior year.
Corecard Crp earned $0.67 per diluted share (EPS) in fiscal year 2024. This represents an increase of 67.5% from the prior year.
Corecard Crp held $19.5M in cash against $0 in long-term debt as of fiscal year 2024.
Corecard Crp had 8M shares outstanding in fiscal year 2024. This represents a decrease of 6.1% from the prior year.
Corecard Crp's gross margin was 37.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.0 percentage points from the prior year.
Corecard Crp's operating margin was 11.4% in fiscal year 2024, reflecting core business profitability. This is up 1.9 percentage points from the prior year.
Corecard Crp's net profit margin was 9.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 3.4 percentage points from the prior year.
Corecard Crp's ROE was 10.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 4.1 percentage points from the prior year.
Corecard Crp invested $8.9M in research and development in fiscal year 2024. This represents an increase of 5.1% from the prior year.
Corecard Crp spent $7.6M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 109.1% from the prior year.
Corecard Crp invested $4.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 6.4% from the prior year.
CCRD Income Statement
| Metric | Q2'25 | Q1'25 | Q2'24 | Q3'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.6M+5.4% | $16.7M+12.6% | $14.8M-5.6% | $15.7M+20.1% | $13.1M+7.6% | $12.2M-9.3% | $13.4M-14.6% | $15.7M |
| Cost of Revenue | $9.6M+2.7% | $9.4M+14.7% | $8.2M-9.1% | $9.0M-5.3% | $9.5M+16.0% | $8.2M-11.7% | $9.3M-0.2% | $9.3M |
| Gross Profit | $8.0M+8.9% | $7.3M+10.0% | $6.6M-0.9% | $6.7M+87.5% | $3.6M-9.8% | $4.0M-3.8% | $4.1M-35.6% | $6.4M |
| R&D Expenses | $3.2M+24.0% | $2.6M-12.9% | $3.0M+18.1% | $2.5M+65.8% | $1.5M-36.7% | $2.4M-4.3% | $2.5M+19.0% | $2.1M |
| SG&A Expenses | $2.0M+13.5% | $1.8M+18.6% | $1.5M+13.0% | $1.3M-6.2% | $1.4M+28.1% | $1.1M-3.5% | $1.2M-23.8% | $1.5M |
| Operating Income | $2.7M-5.1% | $2.8M+35.1% | $2.1M-25.4% | $2.8M+428.5% | $527K+33.4% | $395K-4.4% | $413K-84.6% | $2.7M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $703K+16.6% | $603K+110.8% | $286K-60.9% | $732K+391.3% | $149K+4.2% | $143K+298.6% | -$72K-111.7% | $618K |
| Net Income | $2.0M+4.1% | $1.9M-1.0% | $1.9M-12.3% | $2.2M+410.7% | $430K-11.5% | $486K+318.9% | -$222K-111.8% | $1.9M |
| EPS (Diluted) | $0.240.0% | $0.240.0% | $0.24-11.1% | $0.27+440.0% | $0.05-16.7% | $0.06+300.0% | $-0.03-113.6% | $0.22 |
CCRD Balance Sheet
| Metric | Q2'25 | Q1'25 | Q2'24 | Q3'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $70.9M+10.1% | $64.4M+3.3% | $62.3M-0.7% | $62.8M+1.2% | $62.1M-2.7% | $63.8M-4.4% | $66.8M+1.2% | $66.0M |
| Current Assets | $45.8M+10.9% | $41.3M+2.8% | $40.2M-4.0% | $41.9M-2.0% | $42.7M-4.0% | $44.5M-8.3% | $48.5M+5.3% | $46.1M |
| Cash & Equivalents | $26.6M+20.6% | $22.1M+13.3% | $19.5M-13.4% | $22.5M-6.5% | $24.1M-10.6% | $26.9M-14.9% | $31.6M+2.0% | $31.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $6.8M-20.6% | $8.5M-16.7% | $10.2M+39.8% | $7.3M-10.6% | $8.2M+8.7% | $7.5M+28.3% | $5.9M-3.8% | $6.1M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $14.6M+41.4% | $10.3M-2.9% | $10.6M-4.3% | $11.1M+6.5% | $10.4M-6.1% | $11.1M-11.1% | $12.5M+20.5% | $10.4M |
| Current Liabilities | $10.7M+28.1% | $8.3M-1.4% | $8.5M-1.1% | $8.5M-5.7% | $9.1M-5.0% | $9.5M-6.8% | $10.2M+28.5% | $8.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $56.3M+4.2% | $54.1M+4.6% | $51.7M0.0% | $51.7M+0.1% | $51.6M-2.0% | $52.7M-2.9% | $54.3M-2.3% | $55.6M |
| Retained Earnings | $65.7M+3.1% | $63.7M+3.1% | $61.8M+3.2% | $59.8M+5.4% | $56.8M+0.8% | $56.3M+0.9% | $55.8M-0.4% | $56.1M |
CCRD Cash Flow Statement
| Metric | Q2'25 | Q1'25 | Q2'24 | Q3'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.1M+33.0% | $4.6M+503.7% | $762K-71.8% | $2.7M+388.8% | $552K+138.3% | -$1.4M-146.1% | $3.1M-74.3% | $12.2M |
| Capital Expenditures | $1.2M-38.7% | $1.9M+63.8% | $1.2M+19.9% | $980K-38.5% | $1.6M+298.3% | $400K-51.9% | $832K-65.1% | $2.4M |
| Free Cash Flow | $4.9M+84.5% | $2.7M+747.7% | -$413K-124.0% | $1.7M+265.0% | -$1.0M+43.5% | -$1.8M-180.1% | $2.3M-76.5% | $9.8M |
| Investing Cash Flow | -$1.2M+41.7% | -$2.0M-34.3% | -$1.5M-39.8% | -$1.1M+40.3% | -$1.8M-57.9% | -$1.1M+22.1% | -$1.4M+40.3% | -$2.4M |
| Financing Cash Flow | N/A | N/A | -$2.2M-30.1% | -$1.7M-4.9% | -$1.6M+23.2% | -$2.1M-95.1% | -$1.1M-148.1% | -$439K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | $2.2M+30.1% | $1.7M+4.9% | $1.6M-23.2% | $2.1M+95.1% | $1.1M+148.1% | $439K |
CCRD Financial Ratios
| Metric | Q2'25 | Q1'25 | Q2'24 | Q3'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.2%+1.4pp | 43.8%-1.0pp | 44.8%+2.1pp | 42.7%+15.3pp | 27.4%-5.3pp | 32.6%+1.9pp | 30.8%-10.0pp | 40.8% |
| Operating Margin | 15.1%-1.7pp | 16.8%+2.8pp | 14.0%-3.7pp | 17.7%+13.7pp | 4.0%+0.8pp | 3.3%+0.2pp | 3.1%-14.0pp | 17.1% |
| Net Margin | 11.3%-0.1pp | 11.4%-1.6pp | 13.0%-1.0pp | 14.0%+10.7pp | 3.3%-0.7pp | 4.0%+5.7pp | -1.7%-13.6pp | 11.9% |
| Return on Equity | 3.5%0.0pp | 3.5%-0.2pp | 3.7%-0.5pp | 4.3%+3.4pp | 0.8%-0.1pp | 0.9% | N/A | 3.4% |
| Return on Assets | 2.8%-0.2pp | 3.0%-0.1pp | 3.1%-0.4pp | 3.5%+2.8pp | 0.7%-0.1pp | 0.8%+1.1pp | -0.3%-3.2pp | 2.8% |
| Current Ratio | 4.29-0.7 | 4.96+0.2 | 4.75-0.1 | 4.90+0.2 | 4.71+0.1 | 4.66-0.1 | 4.74-1.0 | 5.78 |
| Debt-to-Equity | 0.26+0.1 | 0.19-0.0 | 0.210.0 | 0.22+0.0 | 0.200.0 | 0.21-0.0 | 0.23+0.0 | 0.19 |
| FCF Margin | 28.1%+12.0pp | 16.0%+18.8pp | -2.8%-13.7pp | 10.9%+18.9pp | -8.0%+7.2pp | -15.2%-32.3pp | 17.2%-45.2pp | 62.4% |
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Frequently Asked Questions
What is Corecard Crp's annual revenue?
Corecard Crp (CCRD) reported $57.4M in total revenue for fiscal year 2024. This represents a 2.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Corecard Crp's revenue growing?
Corecard Crp (CCRD) revenue grew by 2.5% year-over-year, from $56.0M to $57.4M in fiscal year 2024.
Is Corecard Crp profitable?
Yes, Corecard Crp (CCRD) reported a net income of $5.4M in fiscal year 2024, with a net profit margin of 9.5%.
What is Corecard Crp's earnings per share (EPS)?
Corecard Crp (CCRD) reported diluted earnings per share of $0.67 for fiscal year 2024. This represents a 67.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Corecard Crp's EBITDA?
Corecard Crp (CCRD) had EBITDA of $10.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Corecard Crp's gross margin?
Corecard Crp (CCRD) had a gross margin of 37.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Corecard Crp's operating margin?
Corecard Crp (CCRD) had an operating margin of 11.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Corecard Crp's net profit margin?
Corecard Crp (CCRD) had a net profit margin of 9.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Corecard Crp's return on equity (ROE)?
Corecard Crp (CCRD) has a return on equity of 10.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Corecard Crp's free cash flow?
Corecard Crp (CCRD) generated $893K in free cash flow during fiscal year 2024. This represents a -92.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Corecard Crp's operating cash flow?
Corecard Crp (CCRD) generated $5.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Corecard Crp's total assets?
Corecard Crp (CCRD) had $62.3M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Corecard Crp's capital expenditures?
Corecard Crp (CCRD) invested $4.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Corecard Crp spend on research and development?
Corecard Crp (CCRD) invested $8.9M in research and development during fiscal year 2024.
Does Corecard Crp buy back shares?
Yes, Corecard Crp (CCRD) spent $7.6M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Corecard Crp have outstanding?
Corecard Crp (CCRD) had 8M shares outstanding as of fiscal year 2024.
What is Corecard Crp's current ratio?
Corecard Crp (CCRD) had a current ratio of 4.75 as of fiscal year 2024, which is generally considered healthy.
What is Corecard Crp's debt-to-equity ratio?
Corecard Crp (CCRD) had a debt-to-equity ratio of 0.21 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Corecard Crp's return on assets (ROA)?
Corecard Crp (CCRD) had a return on assets of 8.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Corecard Crp's Altman Z-Score?
Corecard Crp (CCRD) has an Altman Z-Score of 13.63, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Corecard Crp's Piotroski F-Score?
Corecard Crp (CCRD) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Corecard Crp's earnings high quality?
Corecard Crp (CCRD) has an earnings quality ratio of 1.06x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Corecard Crp?
Corecard Crp (CCRD) scores 57 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.