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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

Bullboard Posts
Post by MBAon Feb 22, 2015 10:18am
285 Views
Post# 23452349

Due for Next Acquisition

Due for Next AcquisitionThey had 6 LOI's and we completed a couple so anohter should be close - maybe early March.

As I recall, once all 6 are done, we will have a run rate of $62 million.  At that point the SP should of climbed to $1.15 - $1.25 trading range.  Slow but steady on the way to $1.75 and more likely $2.00 with the other two larger acquisitions adding another $30 million in revenue.

Seems slow when we enter a consolidaiton point (which we seem to be in now with the trading in the $1 to $1.10 range)
Bullboard Posts