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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 Dec 23, 2022 1:48pm
116 Views
Post# 35189985

RE:RE:RE:RE:Missed Guidance by $20-$30 million...

RE:RE:RE:RE:Missed Guidance by $20-$30 million...I was laughing at the same thing Gris.. lots of random blah blah.. cut to the chase Greg and quit talking in circles.. oh and by the way.. start that NCIB if the future looks to bright.. I'm sure Greg must think the shares are undervalued..?? Or does he..?? If he won't buy them, then it kind of speaks to why the lack of interest and volume that's pathetic to say the least..!
ol_griz wrote: I have to say it's not inspiring much confidence when the CEO is in such desperate need of a remedial english class.  What gobbledegook.  He could attend with the Donald!

lscfa wrote:

 

 

Rahul Sarugaser

Congrats on the rep growth this year. So I just wanted to check in on the guidance of $180 million top line by the end of calendar year, given that we've seen how much in July, partial contribution. How is the company tracking towards that guidance?

Gregory Crawford

Yes, sure. So that was some guidance that was given on exiting in that our fiscal Q1 '23 number here in that, which is the calendar in that. So I'll say we do have a little, ways to go. We haven't reported those numbers yet, and that will be in February. It's hard for us in that to predict the timing in that of some of these acquisitions in order to kind of give out in that exactly when that's going to happen, but we do have a very high confidence level in being able to meet that outlook.

Rahul Sarugaser

Okay. Great. And if you don't mind if I just drill a little bit further. So in order to meet that outlook, you probably need to be adding about $20 million in [indiscernible] just less than over Q1 towards the end of the calendar year. And so even if we estimate sort of smaller acquisitions, that's around 4-ish. So could you maybe give us a sense, even though timing is a little less unpredictable, how we should be thinking about the number of acquisitions in order to get that -- hit that target and sort of the general sort of size of those acquisitions to hit that target?

Gregory Crawford

Yes. Well, we continue to remain focused on all 3 prongs in that of our acquisition strategy in that. So with the smaller sized companies, say, 5 million are under and then also kind of those key -- turnkey respiratory in that, that would be in that $5 million to $20 million and then also in that continue proving through additional larger acquisitions. So it's really hard to kind of give what's going to make it to the finish line with that timing and that on those particular acquisitions, whether it's 1 or it's 3 and that to kind of get us there.





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