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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Bullboard Posts
Post by DoubleDown123on May 27, 2016 8:05pm
275 Views
Post# 24912236

Bad Debt Expense

Bad Debt ExpenseLost a  good chunk of change this stock on the big decline that seemingly came out of no where, but this will always be a stock I follow. I see performance continues to deteriote. Expenses are out of control. The only positive is that revenue is growing although at a much slower pace than anticipated. Does anyone know what the bad debt expense of $5.4MM is from tucked away in note 10 of Q2 financials? 
Bullboard Posts

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