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.

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Quipt Home Medical Corp > Quipt accumulated deficit $168,000,000

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Comment by lscfaon May 14, 2022 9:12pm

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Post# 34684443

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

Another $71 million was due to spinoff of Viemed...

Total carrying value of net assets distributed on spin off was $71,587,000.

lscfa wrote:

F'ing moron. The deficit is not all due to operations. e.g. $50 million was the write off of goodwill due to D&G overpaying for Sleep Mgmt. and Patient Aids.

besttobe wrote: and the company still can't turn a profit. That should tell you something?

Accumulated deficit (167,995)