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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 gibbonsjon Oct 18, 2019 11:10am
171 Views
Post# 30243813

RE:RE:RE:RE:DONT GET IT

RE:RE:RE:RE:DONT GET ITYes always with respect thank you. I've been with PTQ from the begining so I know the history. What you do not account for is VMD was spun out but PTQ took all the debt and bad receivables which were substantial. They also took on the weakest of the businesses acquired under the initial PHM roll up hence the recent $4.5M divestiture. Then before they could get into high gear they had to realign the product mix and dumped the lowest margin lines which although a strategically a positive move reflected poorly in revenue numbers essentially cutting revenue by 30%. They have since made up for that lost revenue and margins are steadily on the rise. So at the time VMD was executing their plan PTQ was still cleaning up the balance sheet. VMD on the other hand hit the dirt with a clean slate. That is the primary difference. VMD also has only 40M shares outstanding whereas PTQ has 84M shares.
Bullboard Posts