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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
Comment by MBAon Sep 15, 2017 9:07am
222 Views
Post# 26700027

RE:RE:Campbell - Valuation Comparison

RE:RE:Campbell - Valuation ComparisonCasey has already committed to getting out and telling Viemed's story to the investor community once the split is done. They have a really good story to tell as the Viemed division is growing at an aggressive rate organically already with Casey mentioning the potential for some acquisitions. I don't think the latter is important to Viemed's growth strategy - note they grew patient count by 10% last quarter which is 40% plus annual growth - the market will love this story and if you project longer than a quarter, you will see Viemed will have revenues and EBITDA comparable to PHM (including Apparo today). So the 5x multiple for Viemed is quite realistic over the next year or so. As for Apparo, another good story with positive EBITDA and lots of growth potential with an acquisition strategy. Greg has already demonstrated his ability to integrate companies quickly including capturing synergies and operating cost reductions. He also demonstrated an acquisition with a one year pay back. With this track record, Apparo has lots of opportunity to grow as well. Not sure of Greg's plans to tell his story to the investor community however it would seem to be a reasonable path to take given Greg and Casey are likely having many executive strategy discussions. I also like the potential for a sale with Apparo as this would realize big gains for shareholders within a reasonable period. Their CFO has a history of selling companies so keep this in mind as well. IMO - both companies have 5x upward market valuations, but don't expect this to occur over the next few months. A long term investor should take at least a one year view on these two investments. In the meantime, let the short traders have their fun helping us get rid of the weak hands.
Bullboard Posts