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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

Comment by besttobeon Aug 09, 2021 9:17pm
152 Views
Post# 33676464

RE:RE RE :Except besttobe

RE:RE RE :Except besttobeRanaman wrote "150000+ clients comes from the investment community , not from QIPT. ---  Two investment managers friends "


So a couple talking heads told you that number. Sorry, but I take that with a grain of salt.. The last aquisitions with 5mil rev added 10,000 new patients and did not move the needle. They are now at 130,000 clients. So 20,000 new patients and 10 mil additional revenue will not cut it. 

They need to buy 35 milliion revenue before the end of the year to meet their $135 milliion revenue target. Which suggests 65,000 new clients or 195,000 new clients after reaching their target. They better get busy as their organic growth sucks.

 
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