Claritev Corp financial data

Symbol
CTEV on NYSE, MPLNW on OTC
Industry
Services-Business Services, NEC
Location
7900 Tysons One Place, Suite 400, Mclean, VA
State of incorporation
DE
Fiscal year end
December 31
Former names
MultiPlan Corp (to 2/7/2025), Churchill Capital Corp III (to 10/6/2020), Butler Acquisition Corp (to 12/23/2019)
Latest financial report
10-K - Q4 2024 - Feb 26, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 97.3 % -36.7%
Debt-to-equity 993 % +226%
Return On Equity -319 % -5997%
Return On Assets -29.2 % -2155%
Operating Margin -149 % -987%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 16.2M shares -97.5%
Common Stock, Shares, Outstanding 16.2M shares -0.12%
Entity Public Float 157M USD -81.8%
Weighted Average Number of Shares Outstanding, Basic 16.1M shares +0.12%
Weighted Average Number of Shares Outstanding, Diluted 16.1M shares +0.12%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 931M USD -3.21%
General and Administrative Expense 160M USD +11.2%
Costs and Expenses 2.32B USD +190%
Operating Income (Loss) -1.39B USD -958%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.77B USD -1554%
Income Tax Expense (Benefit) -125M USD -713%
Net Income (Loss) Attributable to Parent -1.65B USD -1695%
Earnings Per Share, Basic -30.1 USD/shares -1072%
Earnings Per Share, Diluted -30.1 USD/shares -1072%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 16.8M USD -76.5%
Accounts Receivable, after Allowance for Credit Loss, Current 89.8M USD +17.2%
Other Assets, Current 7M USD +175%
Assets, Current 176M USD -9.34%
Operating Lease, Right-of-Use Asset 16.1M USD -18.2%
Intangible Assets, Net (Excluding Goodwill) 2.23B USD -15.5%
Goodwill 2.4B USD -37.2%
Other Assets, Noncurrent 37.1M USD +70.4%
Assets 5.15B USD -26%
Accounts Payable, Current 86.3M USD +341%
Liabilities, Current 214M USD +28.2%
Long-term Debt and Lease Obligation 4.51B USD -0.51%
Deferred Income Tax Liabilities, Net 326M USD -37.5%
Operating Lease, Liability, Noncurrent 13.9M USD -19.1%
Other Liabilities, Noncurrent 3.6M USD -78.6%
Liabilities 5.07B USD -3.59%
Accumulated Other Comprehensive Income (Loss), Net of Tax -5.06M USD +57%
Retained Earnings (Accumulated Deficit) -2.15B USD -330%
Stockholders' Equity Attributable to Parent 84M USD -95.1%
Liabilities and Equity 5.15B USD -26%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 49.7M USD -22.6%
Net Cash Provided by (Used in) Financing Activities -31.5M USD +71.2%
Net Cash Provided by (Used in) Investing Activities -30.5M USD -32.2%
Common Stock, Shares Authorized 1.5B shares 0%
Common Stock, Shares, Issued 16.9M shares +1.41%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -12.3M USD +82%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 29.7M USD -63.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 60.7M USD -1.58%
Deferred Tax Assets, Valuation Allowance 1.45M USD 0%
Operating Lease, Liability 18.2M USD -16.8%
Depreciation 88.2M USD +14.1%
Payments to Acquire Property, Plant, and Equipment 30.5M USD +32.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.64B USD -1484%
Lessee, Operating Lease, Liability, to be Paid 20.6M USD -18.1%
Operating Lease, Liability, Current 4.39M USD -8.49%
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.03M USD -14.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 5.48M USD -8.21%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +18.5%
Deferred Income Tax Expense (Benefit) -56.9M USD -1754%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.4M USD -26.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.91M USD -24.5%
Deferred Tax Assets, Operating Loss Carryforwards 255K USD -34.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.01M USD -49.4%
Additional Paid in Capital 2.37B USD +1.04%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 344M USD +0.35%
Deferred Tax Assets, Net of Valuation Allowance 193M USD +37.2%
Interest Expense 332M USD +5.26%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%