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 > Company missed Revenue target and Earnings target.

<< Previous

Bullboard Posts

Next >>

Comment by lscfaon Feb 02, 2021 8:39am

1321 Views

Post# 32445135

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

They also do not include the full impact of Health Technology Resources, acquired Aug 17.

Pro forma revenues and net income for HTR for the year ended September 30, 2020 were approximately $5,500,000 and $2,000,000, respectively. Of those amounts, revenues of approximately $600,000 and net income of approximately $150,000 contributed to the Company’s results for the period from August 17, 2020 through September 30, 2020.