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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Post by BugzyBoyon Feb 11, 2016 9:11pm

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Post# 24550774

Thats what im saying

Cash on the Balance Sheet decreased from $51,952,88 at year end to $24,301,393 at period end

We may need to raise additional capital to fund future operations, which may involve high transaction costs, dilution to shareholders, high interest rates or unfavorable terms and conditions. The Company cannot likely obtain traditional debt financing until it has a profitable and longer operating history.

I dont like the combo of that

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