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 > Cash all gone and dipping into debt?

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Comment by lscfaon Nov 22, 2021 1:48pm

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Post# 34153756

RE:Cash all gone and dipping into debt?

Only a imbecile would interpret it that way. He meant using cash on hand AND/OR existing debt facilty.

besttobe wrote: Possibly no new financing nessessary, if new 100 million credit facility is put in place. That's alot of debt....for an unprofitable rollup with no FCF.

Chief Financial Officer, Hardik Mehta "The LOI and the letter of intent announced on November 16, 2021, both are expected to be closed using cash on hand and existing debt facility.”

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