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ICCT (iCoreConnect) Degree of Operating Leverage : 3.33 (As of Dec. 2024)


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What is iCoreConnect Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. iCoreConnect's Degree of Operating Leverage for the quarter that ended in Dec. 2024 was 3.33. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for iCoreConnect's Degree of Operating Leverage or its related term are showing as below:

ICCT's Degree of Operating Leverage is ranked worse than
73.94% of 637 companies
in the Healthcare Providers & Services industry
Industry Median: 0.53 vs ICCT: 3.33

iCoreConnect Degree of Operating Leverage Historical Data

The historical data trend for iCoreConnect's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

iCoreConnect Degree of Operating Leverage Chart

iCoreConnect Annual Data
Trend Jun13 Jun14 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.28 0.30 84.17 3.33

iCoreConnect Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.17 14.13 8.46 5.36 3.33

Competitive Comparison of iCoreConnect's Degree of Operating Leverage

For the Health Information Services subindustry, iCoreConnect's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


iCoreConnect's Degree of Operating Leverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, iCoreConnect's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where iCoreConnect's Degree of Operating Leverage falls into.


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iCoreConnect Degree of Operating Leverage Calculation

iCoreConnect's Degree of Operating Leverage for the quarter that ended in Dec. 2024 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( -29.728 (Dec. 2024) / -14.442 (Dec. 2023) - 1 )/( 10.746 (Dec. 2024) / 8.152 (Dec. 2023) - 1 )
=1.0584/0.3182
=3.33***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


iCoreConnect  (OTCPK:ICCT) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


iCoreConnect Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of iCoreConnect's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


iCoreConnect Business Description

Traded in Other Exchanges
N/A
Address
529 E Crown Point Road, Suite 250, Ocoee, FL, USA, 34761
iCoreConnect Inc develops and markets secure cloud-based HIPAA compliant software services focused on compliance, workflow/productivity, and electronic health records systems. Its core services technology can be adopted to other vertical markets that require a high degree of secure data communication, such as the legal, financial, and education fields. It markets secure HIPAA compliant cloud-based software as a service (SaaS) offering under the names of iCoreExchange, iCoreCodeGenius, iCoreSecure, iCoreMD, iCoreDental, iCoreMobile, iCoreHuddle, iCoreRx, iCorePDMP, iCoreEPCS, and iCorePay. The company's software is sold under annual recurring revenue subscriptions. The company has a single reporting segment for reporting purposes focused on the North American market.
Executives
Robert P Mcdermott director, 10 percent owner, officer: CEO, President and Chairman 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
John Pasqual director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Archit Shah officer: Chief Financial Officer 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Joseph Gitto director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Muralidar Chakravarthi officer: Chief Technology Officer 529 EAST CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Harry Joseph Travis director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
David A. Fidanza officer: Chief Information Officer 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Mark Penway officer: Chief Financial Officer 105 S MAPLE STREET, ITASCA IL 60143
Kevin Patrick Mcdermott director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Jefff Wayne Stellinga director 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Robert A Desanti director, 10 percent owner 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Jeff L Sutton director 105 S MAPLE STREET, ITASCA IL 60143
Ryan Turner director 105 S MAPLE STREET, ITASCA IL 60143
Marvin Wesley Schrader director, officer: Chief Executive Officer 105 S MAPLE STREET, ITASCA IL 60143
Fg Merger Investors Llc 10 percent owner 105 S MAPLE STREET, ITASCA IL 60143