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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 ramman1on Sep 07, 2023 11:51am
150 Views
Post# 35624199

RE:Here we go again…

RE:Here we go again…   I would not say ''straight down'' , as in your reference , but lower ?  , maybe yes.  Keep in mind, after the explosive growth from the sell/cross sell of the Elm aquisition  starts to mature ,(which is still months away),its back to  other segments not making money dragging down the whole package. At that time, the 8% rate of the debt  will become a burden. It actually is already .   Either sell off non-growth sections of the company, get smaller and more profitable  by way of unloading non growth sections  ,or purchase more tuck-ins in areas where those current footprints are already there. --Actually ,the wording should be changed: not ''tuck-ins'', but '' take overs'' . I'll wait on this one until the ''low 6's '', and re-aquire my 1000 shares  .  If a tuck-in is announced,in the right location  I'll buy right there at that time . There is room for one or two purchases in the 5-7 mil range, from cash on hand ,while leaving enough for continued operations .   IMO
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