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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

Post by Trademark11on Nov 09, 2021 10:40am
637 Views
Post# 34104659

Investors need to be very clear and do the math...

Investors need to be very clear and do the math...The last three weeks of weak stock price action has been a purely technical move coupled with tax loss selling.  It broke down out of a consolidation diamond long term pattern, which both Sebraz and I identified in  August and September, with sizeable downsize targets.  Further the warrant debacle literally broke the chart and made it seem like the company is/was failing.  Add to that the incessant noise created from bashers, and we have had resulting  downside pressure.

The bottom line is htis...

$16MM of inorganic, acquisition revenue in 4 months and analyst consensus 2021 revenue at approximately 100MM, means that they are on track to have almost 48% Annualized INORGANIC Growth if the current pace continues.  This is separate from the organic growth that the smaller acquistions offer, and has historically run between 8-10% for the last 10 quarters.

Investors need to just do the math and see the bashers for what they are.....period.
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