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 > Love this transaction and update on Credit Facility!

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Comment by brentski99on Nov 22, 2021 3:05pm

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Post# 34154059

RE:Love this transaction and update on Credit Facility!

Another intelligent post! Just like you point out - no imminent dilution in the picture with $100,000,000 LOC being put in place. Before this move they had enough money to achieve 180 to 200 million run rate in 2022. This additional credit will get us closer to 300 million without any dilution. Then at say $15 to $20 USD we can issue much fewer shares and be debt free if desired - although with lowest interest rates in history - why?

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