Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

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 > Quipt accumulated deficit $168,000,000

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Comment by besttobeon May 14, 2022 7:58am

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Post# 34683700

RE:RE:RE:Quipt accumulated deficit $168,000,000

No matter how you spin it, they lost hundreds of millions of dollars and continue to add lto those loses,with no profit after 12 years or more in buisness. The questions is, will they ever be profitable given regulated low reimbursements rates and the MGT's compensation plan?

Given S/P performance, I think the market says no. IMO

GLTA

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