Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare Medical Care

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

Quipt Home Medical Corp

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Comment by Stuatoron May 08, 2015 11:46am

86 Views

Post# 23708591

RE:RE:kentucky acquisition

I believe that this Kentucky aquisition wasn't mentioned previously in any release or CC. I think that moving forward, that these small deals won't be mentioned until after the Purchase Agreement has been signed. I think this, due to the fact, that negative news is magnified more than positive; therefore, announcing a small LOI and having it fail before the PA would have a greater negative effect than the positive news of announcing a small LOI. Thankfully, they have realized this early and hopefully they've taken this strategy going forward.

Also, I revised my thoughts on their Run Rate Revenues. I believe it will be somewhere in the range of 275 - 325M come 4th quarter. EBITDA = 60M-82M (margins between 22.5 and 25%)

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