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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 besttobeon Jun 19, 2023 10:23am
103 Views
Post# 35503248

RE:RE:Interesting article on Q2 F/S -realistic on fundamentals?

RE:RE:Interesting article on Q2 F/S -realistic on fundamentals?Agree Carlito...as we pointed out many times after the deal was announced, all this was highly perdictable......Good thing they did the financing or they would dead in the water by now. However, going forward...they don't have much room do to any meaningful aquistions, without more financing. They still have a lot of current debt to pay with little to no FCF. Thus why they felt the need for the ATM...IMO

As far as bad debt per previous post---high bad debts are part of the business. Even 5% of revenue is high when compared to other businesses. I think that was his point. Usually Quipt's bad debt, is the client portion of the co-pay. 

IMO

All for now.

GLTA
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