Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

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 sollmgon Jan 28, 2020 10:17am

682 Views

Post# 30608319

RE:RE:RE:Q4 numbers are our now

ClemFandango wrote: The Depreciation expense is enormous and is the main reason for the losses in 2019. However, I believe the bulk of this expense was tied to PHM which has now been disposed of. Hopefully this will help PTQ to achieve net profit in 2020 and beyond.

The depreciation expense is an accounting vechicle allowed by the IRS. It reduces their tax bill. It is not a problem. The only numbers that really matter are:
57,440,000 Gross Margin minus 42,582,000 Selling,general and admin. Difference + 14,858,000 and the free cash flow generation north of 875,000 per month

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