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 besttobeon Jun 21, 2022 11:56am

216 Views

Post# 34771478

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

tropic wrote "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."

Cash end of March 2022 Q2 $ 17.4 mil

Aqusitions since March Q2
Goodnight Medical $7.0 mil
NorCal $3.1 mil
Access Medical (est) $6.5 mil
Est FCF for Q3 Nil

Est cash balance Q3 $800K

Est existing LOC Q3 $20mil

We shall see who is correct when all the cash is gone next Q3 report....

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