Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

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

Quipt Home Medical Corp

Bullboard Posts

Comment by dileas48son Sep 10, 2019 10:37am

135 Views

Post# 30112309

RE:RE:Cash burn July and August 2019?? 1.8million CAD???

Agreed. Not to mention there would have been some one time costs associated with getting the stolen money back, and also I'm sure Crawford didn't loan that money for free.

Cash is but only one metric, and the bottom line here is that they're back to being in great shape with funds to deploy for their growth plan.

lscfa wrote: Dumbass analysis. Some cash could be deployed in the form of prepaid expenses, inventories, accounts receivable, etc.

besttobe wrote: Cash on hand June 2019F/S 4.2mil

Add cyber crime money 8.6mil
Add non core sale    4.5mil
Minus Crawford loan (3.0mil)

Cash should be at least.... 14.3mil

Per news release 12.5mil

Cash burn (1.8mil)