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.

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Quipt Home Medical Corp > Respiratory Resupply fastest growing segment

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Post by lscfaon Jan 27, 2023 4:27pm

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Post# 35251068

Respiratory Resupply fastest growing segment

And higher margin.

$US 000’s	2022	2021	2020	2019
resupply sales	38,500	23,472	10,323	7,022
Other sales	32,170	23,541	21,065	19,526
Rentals	69,192	55,338	41,251	34,471
Total revenue	139,862	102,351	72,639	61,019
Recurring revenue	77.0%	77.0%	71.0%	68.0%

Resupply/total	27.5%	22.9%	14.2%	11.5%
Rentals/total	49.5%	54.1%	56.8%	56.5%
Other/total	23.0%	23.0%	29.0%	32.0%

$000 US	2022	2021	2020	2019
Resupply/other Sales	70,670	47,013	31,388	26,548
Inv sold	33,213	28,172	19,934	17,019
Gross profit	37,457	18,841	11,454	9,529
Margin	53.0%	40.1%	36.5%	35.9%