ZCMD
Zhongchao Inc
NASDAQ: ZCMD · HEALTHCARE · HEALTH INFORMATION SERVICES
$2.16
-0.92% today
Updated 2026-04-30
Market cap
$7.98M
P/E ratio
—
P/S ratio
0.70x
EPS (TTM)
$-1.85
Dividend yield
—
52W range
$1 – $12
Volume
0.0M
Zhongchao Inc (ZCMD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.82M | $12.87M | $14.88M | $17.99M | $16.30M | $14.15M | $19.43M | $15.86M | $11.37M |
| Revenue growth (YoY) | — | +31.1% | +15.7% | +20.9% | -9.4% | -13.2% | +37.3% | -18.4% | -28.3% |
| Cost of revenue | $3.97M | $4.46M | $4.66M | $6.12M | $6.86M | $7.79M | $10.92M | $6.95M | $6.54M |
| Gross profit | $5.85M | $8.41M | $10.23M | $11.87M | $9.44M | $6.36M | $8.51M | $8.91M | $4.83M |
| Gross margin | 59.6% | 65.4% | 68.7% | 66.0% | 57.9% | 44.9% | 43.8% | 56.2% | 42.5% |
| R&D | $943253.00 | $1.45M | $864320.00 | $816553.00 | $758878.00 | $411524.00 | $514411.00 | $252451.00 | $8085.00 |
| SG&A | $1.14M | $1.43M | $2.52M | $3.12M | $5.86M | $6.80M | $6.70M | $4.99M | $11.30M |
| Operating income | $1.05M | $3.27M | $3.64M | $4.49M | $-320741.00 | $-2.95M | $-13.28M | $-341267.00 | $-6.19M |
| Operating margin | 10.7% | 25.5% | 24.5% | 25.0% | -2.0% | -20.9% | -68.4% | -2.2% | -54.4% |
| EBITDA | $1.06M | $3.30M | $3.88M | $4.89M | $382236.00 | $-2.22M | $-4.49M | $87951.00 | $-5.87M |
| EBITDA margin | 10.8% | 25.7% | 26.1% | 27.2% | 2.3% | -15.7% | -23.1% | 0.6% | -51.6% |
| EBIT | $1.05M | $3.27M | $3.64M | $4.49M | $-320741.00 | $-2.95M | $-5.41M | $-340404.00 | $-6.19M |
| Interest expense | $0.00 | $0.00 | $791670.00 | $453814.00 | $209988.00 | $285884.00 | — | — | — |
| Income tax | $-153953.00 | $502131.00 | $387144.00 | $484787.00 | $-349418.00 | $272313.00 | $-669760.00 | $335169.00 | — |
| Effective tax rate | -11.2% | 14.3% | 8.7% | 9.8% | 315.5% | -10.2% | 5.6% | -108.8% | 0.0% |
| Net income | $1.53M | $3.02M | $4.05M | $4.46M | $238665.00 | $-2.94M | $-11.34M | $-643229.00 | $-6.31M |
| Net income growth (YoY) | — | +97.4% | +34.0% | +10.2% | -94.6% | -1332.2% | -285.5% | +94.3% | -881.0% |
| Profit margin | 15.6% | 23.5% | 27.2% | 24.8% | 1.5% | -20.8% | -58.3% | -4.1% | -55.5% |