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).
CoreCard’s recent pattern is profitability without much free cash, cushioned by a cash-heavy, low-liability balance sheet.
The least obvious shift is weaker cash conversion despite better earnings: free cash flow fell from$11.6M in FY2023 to$893K in FY2024. Net income still improved to$5.4M , but receivables climbed to$10.2M , which suggests more of the year’s profit was tied up waiting to be collected while ongoing capex consumed most of the cash that did arrive.
With revenue essentially flat between FY2023 and FY2024, margin recovery came from better delivery economics, not scale. Gross margin improved to
The balance sheet still gives the company room to operate: cash of
Financial Health Signals
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Corecard Crp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Corecard Crp has an operating margin of 11.4%, meaning the company retains $11 of operating profit per $100 of revenue. This strong profitability earns a score of 72/100, reflecting efficient cost management and pricing power. 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 12/100.
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 74/100, 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 89/100.
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 58/100, reflecting heavy capital investment rather than weak cash generation.
Corecard Crp earns a strong 10.5% return on equity (ROE), meaning it generates $11 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 75/100. 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.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Corecard Crp passes 8 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 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
Earnings & Revenue
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 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.
Cash & Balance Sheet
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 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.
Margins & Returns
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.
Capital Allocation
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 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.6M+5.4% | $16.7M+12.6% | $14.8M-5.6% | $15.7M+13.8% | $13.8M+5.5% | $13.1M+7.6% | $12.2M-9.3% | $13.4M |
| Cost of Revenue | $9.6M+2.7% | $9.4M+14.7% | $8.2M-9.1% | $9.0M-1.0% | $9.1M-4.3% | $9.5M+16.0% | $8.2M-11.7% | $9.3M |
| Gross Profit | $8.0M+8.9% | $7.3M+10.0% | $6.6M-0.9% | $6.7M+42.4% | $4.7M+31.6% | $3.6M-9.8% | $4.0M-3.8% | $4.1M |
| R&D Expenses | $3.2M+24.0% | $2.6M-12.9% | $3.0M+18.1% | $2.5M+28.1% | $2.0M+29.4% | $1.5M-36.7% | $2.4M-4.3% | $2.5M |
| SG&A Expenses | $2.0M+13.5% | $1.8M+18.6% | $1.5M+13.0% | $1.3M-10.1% | $1.5M+4.4% | $1.4M+28.1% | $1.1M-3.5% | $1.2M |
| Operating Income | $2.7M-5.1% | $2.8M+35.1% | $2.1M-25.4% | $2.8M+142.4% | $1.1M+118.0% | $527K+33.4% | $395K-4.4% | $413K |
| 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+153.3% | $289K+94.0% | $149K+4.2% | $143K+298.6% | -$72K |
| Net Income | $2.0M+4.1% | $1.9M-1.0% | $1.9M-12.3% | $2.2M+145.1% | $896K+108.4% | $430K-11.5% | $486K+318.9% | -$222K |
| EPS (Diluted) | $0.240.0% | $0.24 | N/A | $0.27+145.5% | $0.11+120.0% | $0.05 | N/A | $-0.03 |
CCRD Balance Sheet
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $70.9M+10.1% | $64.4M+3.3% | $62.3M-0.7% | $62.8M+2.0% | $61.6M-0.9% | $62.1M-2.7% | $63.8M-4.4% | $66.8M |
| Current Assets | $45.8M+10.9% | $41.3M+2.8% | $40.2M-4.0% | $41.9M+2.9% | $40.7M-4.8% | $42.7M-4.0% | $44.5M-8.3% | $48.5M |
| Cash & Equivalents | $26.6M+20.6% | $22.1M+13.3% | $19.5M-13.4% | $22.5M-0.4% | $22.6M-6.1% | $24.1M-10.6% | $26.9M-14.9% | $31.6M |
| 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+3.1% | $7.1M-13.3% | $8.2M+8.7% | $7.5M+28.3% | $5.9M |
| 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+3.9% | $10.7M+2.6% | $10.4M-6.1% | $11.1M-11.1% | $12.5M |
| Current Liabilities | $10.7M+28.1% | $8.3M-1.4% | $8.5M-1.1% | $8.5M+6.7% | $8.0M-11.6% | $9.1M-5.0% | $9.5M-6.8% | $10.2M |
| 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+1.6% | $50.8M-1.6% | $51.6M-2.0% | $52.7M-2.9% | $54.3M |
| Retained Earnings | $65.7M+3.1% | $63.7M+3.1% | $61.8M+3.2% | $59.8M+3.8% | $57.6M+1.6% | $56.8M+0.8% | $56.3M+0.9% | $55.8M |
CCRD Cash Flow Statement
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $6.1M+33.0% | $4.6M+503.7% | $762K-71.8% | $2.7M+50.8% | $1.8M+224.1% | $552K+138.3% | -$1.4M-146.1% | $3.1M |
| Capital Expenditures | $1.2M-38.7% | $1.9M+63.8% | $1.2M+19.9% | $980K-15.5% | $1.2M-27.2% | $1.6M+298.3% | $400K-51.9% | $832K |
| Free Cash Flow | $4.9M+84.5% | $2.7M+747.7% | -$413K-124.0% | $1.7M+173.1% | $629K+160.4% | -$1.0M+43.5% | -$1.8M-180.1% | $2.3M |
| Investing Cash Flow | -$1.2M+41.7% | -$2.0M-34.3% | -$1.5M-39.8% | -$1.1M+6.6% | -$1.1M+36.1% | -$1.8M-57.9% | -$1.1M+22.1% | -$1.4M |
| Financing Cash Flow | N/A | N/A | -$2.2M-30.1% | -$1.7M+17.3% | -$2.1M-26.9% | -$1.6M+23.2% | -$2.1M-95.1% | -$1.1M |
| 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-17.3% | $2.1M+26.9% | $1.6M-23.2% | $2.1M+95.1% | $1.1M |
CCRD Financial Ratios
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 45.2%+1.4pp | 43.8%-1.0pp | 44.8%+2.1pp | 42.7%+8.6pp | 34.1%+6.8pp | 27.4%-5.3pp | 32.6%+1.9pp | 30.8% |
| Operating Margin | 15.1%-1.7pp | 16.8%+2.8pp | 14.0%-3.7pp | 17.7%+9.4pp | 8.3%+4.3pp | 4.0%+0.8pp | 3.3%+0.2pp | 3.1% |
| Net Margin | 11.3%-0.1pp | 11.4%-1.6pp | 13.0%-1.0pp | 14.0%+7.5pp | 6.5%+3.2pp | 3.3%-0.7pp | 4.0%+5.7pp | -1.7% |
| Return on Equity | 3.5%0.0pp | 3.5%-0.2pp | 3.7%-0.5pp | 4.3%+2.5pp | 1.8%+0.9pp | 0.8%-0.1pp | 0.9%+1.3pp | -0.4% |
| Return on Assets | 2.8%-0.2pp | 3.0%-0.1pp | 3.1%-0.4pp | 3.5%+2.0pp | 1.5%+0.8pp | 0.7%-0.1pp | 0.8%+1.1pp | -0.3% |
| Current Ratio | 4.29-0.7 | 4.96+0.2 | 4.75-0.1 | 4.90-0.2 | 5.08+0.4 | 4.71+0.1 | 4.66-0.1 | 4.74 |
| Debt-to-Equity | 0.26+0.1 | 0.19-0.0 | 0.210.0 | 0.220.0 | 0.210.0 | 0.200.0 | 0.21-0.0 | 0.23 |
| FCF Margin | 28.1%+12.0pp | 16.0%+18.8pp | -2.8%-13.7pp | 10.9%+6.4pp | 4.6%+12.5pp | -8.0%+7.2pp | -15.2%-32.3pp | 17.2% |
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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 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.
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 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 63 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.