iCoreConnect Inc. is a leading, cloud-based software and technology company focused on increasing workflow productivity and practice profitability through its enterprise and healthcare workflow platform of applications and services. iCoreConnect is most notably known for its innovation in solving healthcare business problems. iCoreConnect’s philosophy places a high value on customer feedback, positioning iCoreConnect to respond to the market’s needs. iCoreConnect touts a platform of 16 SaaS enterprise solutions and more than 128 product endorsements with state or regional healthcare associations across the United States.
![iCoreConnect logo](/files/LOGO/1906133-ICCT.png)
Company profile
Ticker
ICCT
Exchange
Website
CEO
M. Wesley Schrader
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Gen Digital • Activision Blizzard • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
FG Merger Corp.
SEC CIK
ICCT stock data
Latest filings (excl ownership)
424B3
Prospectus supplement
23 Jul 24
EFFECT
Notice of effectiveness
23 Jul 24
S-1/A
IPO registration (amended)
19 Jul 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
11 Jul 24
S-1/A
IPO registration (amended)
9 Jul 24
8-K
Departure of Directors or Certain Officers
1 Jul 24
8-K
Entry into a Material Definitive Agreement
17 Jun 24
S-1
IPO registration
11 Jun 24
8-K
Departure of Directors or Certain Officers
31 May 24
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
28 May 24
Latest ownership filings
SC 13G/A
CVI Investments, Inc.
14 Feb 24
SC 13G/A
Radcliffe Capital Management, L.P.
14 Feb 24
SC 13G
PERISCOPE CAPITAL INC.
9 Feb 24
SC 13G/A
Linden Capital L.P.
7 Feb 24
SC 13G/A
Hudson Bay Capital Management LP
5 Feb 24
SC 13G/A
Space Summit Capital LLC
5 Feb 24
4
David A. Fidanza
2 Oct 23
4
Robert P McDermott
2 Oct 23
4
Archit Shah
15 Sep 23
3
Joseph Gitto
13 Sep 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 138.03 k | 138.03 k | 138.03 k | 138.03 k | 138.03 k | 138.03 k |
Cash burn (monthly) | 360.44 k | 55.45 k | 1.01 mm | 886.14 k | 330.01 k | 721.90 k |
Cash used (since last report) | 1.39 mm | 214.40 k | 3.92 mm | 3.43 mm | 1.28 mm | 2.79 mm |
Cash remaining | -1.26 mm | -76.36 k | -3.78 mm | -3.29 mm | -1.14 mm | -2.65 mm |
Runway (months of cash) | -3.5 | -1.4 | -3.7 | -3.7 | -3.4 | -3.7 |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Sep 23 | Archit Shah | Common Stock | Grant | Acquire A | No | No | 5.64 | 176 | 992.64 | 33,830 |
14 Sep 23 | McDermott Robert P | Series A Preferred Stock Common Stock | Buy | Acquire P | No | No | 0 | 4,673 | 0.00 | 4,673 |
14 Sep 23 | McDermott Robert P | Series A Preferred Stock Common Stock | Buy | Acquire P | No | No | 10 | 5,000 | 50.00 k | 10,000 |
14 Sep 23 | Fidanza David A. | Series A Preferred Stock Common Stock | Buy | Acquire P | No | No | 0 | 17,757 | 0.00 | 17,757 |
14 Sep 23 | Fidanza David A. | Series A Preferred Stock Common Stock | Buy | Acquire P | No | No | 10 | 19,000 | 190.00 k | 19,000 |