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 > Company missed Revenue target and Earnings target.

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Comment by lscfaon Feb 01, 2021 10:20am

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Post# 32435662

RE:RE:RE:RE:RE:Company missed Revenue target and Earnings target.

Double lying scumbag...

Q ending	Revenue	Bad debt	Bad debt/ rev
Dec 20 (e)	28,250
Sept 20	25,016	2,140	8.6%
Jun 20	25,869	2,414	9.3%
Mar 20	24,101	2130	8.8%
Dec 19	22,769	1,984	8.7%
Sep 19	19,470	1,474	7.6%
Jun 19	20,164	1,341	6.7%
Mar 19	20,824	1,549	7.4%
Dec 18	20,509	1,322	6.4%

besttobe wrote: As expected, sell on news. Organic growth Q over Q was negative/zero. Still losing money.

No guidance given for Q1 2021. Not a good sign as they always announce perliminary numbers if they expect a good Q.

Bad debts are creeping up again.

They need to scale better and start earning money.