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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

Comment by Moemoney42on Aug 23, 2021 11:34pm
139 Views
Post# 33753350

RE:RE:Organic growth 3% Q3/Q2/FCF breakeven/Loss op's $(1.5mil )

RE:RE:Organic growth 3% Q3/Q2/FCF breakeven/Loss op's $(1.5mil )Also which is nice is the one time charges that will not appear is subsequent quarters for the costs to acquire the Nasdaq listing.. those associated funds will now go to the bottom line... ;-)
lscfa wrote:

Revenues lag hiring staff for billing, sales, etc. What is outbound freight?  



For the three months ended June 30, 2021, operating expenses were $13,184,000, an increase of $3,753,000 from $9,431,000 for the three months ended June 30, 2020. Acquisitions contributed approximately $2,300,000 of the increase is primarily due to the acquisitions during the fiscal 2020 and during the first nine months of fiscal year 2021. Remaining increases relate to professional fees associated with Company’s Nasdaq listing in the U.S., and investments to support the revenue growth of the Company.
 

 

 

Jun 21

Mar 21

Dec 21

Payroll

7,257

6,997

6,439

Facilities

522

526

491

Bad debt

1,682

2,209

2,079

Billing

1,077

893

716

Pro fees

824

559

440

Marketing

234

215

128

Outbound Freight

384

0

0

Other

1,204

1,335

1,236

 

13,184

12,734

11,529

 

 



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