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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 Enters Louisiana; Adding $6.5 Million in Revenue
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Comment by Tropicalsunon Jun 21, 2022 10:24am
218 Views
Post# 34771036

RE:RE:RE:Quipt Enters Louisiana; Adding $6.5 Million in Revenue

RE:RE:RE:Quipt Enters Louisiana; Adding $6.5 Million in Revenue
sebraz wrote: Looks good. Only 18-28m USD left for annual run rate target of 180-190M (3-4 more same size acquisitions). Could they get this done in the next quarter and beat their outlook?

I'm also going to assume they're dipping in their LOC for this as it wasn't mentioned in the release nor was the acquisition price.


sebraz, no need for using LOC, the company reported 17.4 million cash on hand at the end of March. Quipt has been cash flow positive for quite sometime now and as of the latest financials are now making money.
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