Quipt Home Medical Corp T.QIPT

Respiratory Resupply fastest growing segment

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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%

 

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economies of scale.... For the year ended September 30, 2022, inventory sold totaled $33,213,000 versus $28,172,000 for the year ended September 30, 2021. The increase in dollars was due to the growth in revenues but increased by a smaller percentage than revenues due to negotiating better pricing from vendors.  

[Carlito3311]

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[lscfa]

Quipt recurring revenue 77%, GHG recurring revenue is 88%, proforma 82%

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Product mix trend....   Product Mix (% of rev) Years ago  Recently  Latest deck Oxygen therapy 22.9 20 17 Sleep therapy 21.2 14 15