Quipt Home Medical Corp T.QIPT

Cost /Acquired Revenue dropped; minimal liquidity spend

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Date        Revenue acquired (MM)         Ebitda (MM)                 Cost   (MM)
July 14                   5.5                                    0.55                            4.2
August 23              5.5                                    1.1                               2.5
Oct 5                      2.7                                    0.5                              1.95
November 9           2.5                                    0.6                               1.7
Nov 16                 13.0                                   eps +                             ?
November 22       14.0                                   eps +                            5.5


Excluding last weeks 13MM LOI (cost was not disclosed), Qipt has purchased 29.2MM in revenue for  15.85MM. = 0.55 x acquired revenue.  

At the 0.55X,  the November 16 acquisition of 13MM revenue would cost 7.15 MM

As such, total monies spent in the last 5 months would be $23MM of $130MM  liquidity (30MM cash and now a 100MM LOC)

Need for equity raise:  negligible