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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 EStreeton Aug 30, 2021 4:50pm
148 Views
Post# 33785505

RE:RE:RE:RE:RE:Quipt Target

RE:RE:RE:RE:RE:Quipt Target Low volume denotes lack of interest, we've held this level and higher for the first half of the year so it would seem there's not enough interest here even with the dynamic guidance, growth and lofty targets,,. The next financial report falls in the new year so if we're going to move the needle we really need that mid sized acquisition to come through in the coming months,,.

I still find it unusual that PTQ raised the amount of cash they did in June of last year, now 14 months ago just to do the type of acquisitions we have been seeing, not that there is anything the matter with what they have done,,. I still think the bigger one slipped through Crawfords fingers while they were raising the cash position and there team are still carefully working there options for a suitable fit it at the right price,,. M&A competition likely hasn't helped with this goal,,.  
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