CareMax, Inc.

CareMax, Inc.

CMAX
CareMax, Inc.US flagNASDAQ Global Select
0.42
USD
+0.42
- -
1.61MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
38.66
168.62
208.53
201.47
207.88
Basic EPS, GAAP
2.84
-3.81
-12.49
-183.3
-207.43
Free Cash Flow per Basic Share
1.18
-17.52
-25
-16.5
-16.41
Dividend per Share
1.38
- -
- -
- -
- -
Book Value per Share
0.08
0.02
-12.42
-193.38
-247.71
Tangible Book Value per Share
-4.45
-10.84
-67.63
-52.75
-91.88
Basic Weighted Avg Shares
3
2
3
4
4
Sales/Revenue/Turnover
103
296
631
751
785
Operating Margin (%)
9.36
-9.23
-4.6
-14.49
-17.34
Depreciation Expense
2
13
22
39
39
Net Income, GAAP
8
-7
-38
-683
-783
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
7.35
-2.26
-5.99
-90.98
-99.78
Working Capital
9
73
120
-255
-406
LT Debt
26
111
327
119
66
Total Equity
7
505
620
61
-148
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-5,037.74
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
373
423
447
LT Borrowings
21
2
2
LT Finance Leases
97
78
64
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
56
18
11

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
183
156
123
Cash, Cash Equivalents & STI
66
41
16
Accounts Receivable, Net
115
105
97
Inventories
- -
- -
- -
Total Current Liabilities
439
507
530
Payables & Accruals
23
28
23
ST Debt
373
423
447
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-90.08%
Free Cash Flow
- -
- -
-18.69%
Net Income, GAAP
- -
- -
1,707.99%
Sales/Revenue/Turnover
- -
- -
19.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
137
172
158
164
631
2023
173
224
202
152
751
2024
232
199
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-5.77
-3.22
-7.57
3.1
-12.49
2023
-22.11
-8.7
-27.6
- -
-183.3
2024
-11.49
-44.79
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Carlos A. de Solo
Full Time Employees
1,450
Sector
Healthcare
Industry
Medical - Healthcare Information Services
Address
1000 NW 57 Court Miami FL United States of America 33126
IPO Date
Sep 21, 2020
Business
CareMax, Inc. (Nasdaq: CMAX) operates as a technology-enabled provider of value-based care primarily serving aging populations and high-risk patients in the United States. The company offers a comprehensive suite of healthcare services through its CareMax, CareOptimize, and CareOptimize Connect platforms, including primary care, specialist referrals, chronic condition management, prescription fulfillment, telehealth, transportation, and in-home care; it also provides technology solutions for population health management, risk adjustment, quality measures improvement, and care coordination. Founded in 2015 and headquartered in Miami, Florida, CareMax focuses on Medicare Advantage plans and Medicaid populations across multiple states, including Florida, Texas, New Mexico, California, and others, with operations delivered via owned medical centers and affiliated provider networks. CareMax emphasizes patient-centered care models that integrate medical, social, and behavioral support services to improve health outcomes and reduce costs for payers and providers. Its subsidiary structure includes CareMax Medical Group and technology arms that support capitated payment arrangements with health plans. The company targets underserved communities in the southeastern and southwestern U.S., leveraging data analytics for predictive care interventions. In recent developments, CareMax announced a strategic merger with Wellington Trust Management, LLC in late 2024, forming a combined entity to enhance its financial stability and operational scale amid Chapter 11 bankruptcy proceedings initiated in 2024; this followed cost-cutting measures and leadership transitions. The company expanded its provider network through tuck-in acquisitions of primary care practices in key markets during 2024 and launched enhancements to its CareOptimize platform for AI-driven risk adjustment coding. Additionally, CareMax restructured its debt and secured debtor-in-possession financing in 2025 to support ongoing operations and emerge stronger in the value-based care sector.

Company News

APIChat
  • Hamilton ETFs Launches Two New YIELD MAXIMIZER™ ETFs

  • Hamilton ETFs Announces Plans to Launch Two New YIELD MAXIMIZER™ ETFs with Filing of Preliminary Prospectus

  • CareMax, Inc. Class Action Lawsuit – Robbins LLP Reminds Investors They Can Lead the Class Action Against KMX

  • CareMax Enters Into Agreement to Sell Core Centers' Assets

  • Major healthcare provider CareMax files for Chapter 11 bankruptcy

  • Medical Center Operator CareMax Files For Chapter 11 Bankruptcy: Details

  • CareMax Reaches Agreements to Sell Management Services Organization and Core Centers' Assets

  • Medical services provider CareMax files for Chapter 11 restructuring

  • Earnings Preview: CareMax, Inc. (CMAX) Q3 Earnings Expected to Decline

  • CareMax, Inc. (CMAX) Reports Q2 Loss, Misses Revenue Estimates

  • CareMax Reports Second Quarter 2024 Results

  • CareMax Reports First Quarter 2024 Results

  • 3 Stocks That Are Actually Worth Shorting for Endless Gains

  • New Strong Sell Stocks for April 1st

  • New Strong Sell Stocks for March 28th

  • New Strong Sell Stocks for March 20th

  • CareMax, Inc. (CMAX) Q4 2023 Earnings Call Transcript

  • CareMax Reports Fourth Quarter and Full Year 2023 Results

  • CMAX ALERT: Levi & Korsinsky, LLP Commences an Investigation of CareMax, Inc. (CMAX) f/k/a Deerfield Healthcare Technology Acquisitions Corp. (DFHT)

  • CareMax Announces 1-for-30 Reverse Stock Split