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 > Leede Jones still loves Quipt pt$15

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Comment by besttobeon Jun 09, 2022 5:09pm

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Post# 34745299

RE:Leede Jones still loves Quipt pt$15

Leede Jones "Loe said. “The transaction uses available cash derived from free cash flow to fund the transactions, leaving its capital structure (and specifically its debt levels) essentially unaltered. The trend continues with this transaction.”

Oh my, if only it was true. So why do they need to raise the LOC to 100 million? Because now their cash balance is approx 7mil and because they have no FCF. They need debt or financing to support future aquisitions. Exactly why they stated the need for increase in the LOC to 100mil in the first place.

GLTA

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