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 > Leedes Jones update

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Comment by besttobeon Aug 18, 2022 1:06pm

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Post# 34905152

RE:Leedes Jones update

Well, at least Leede Jones is starting to fiquire it out

Quote per Leede Jones report..."while pure operating cash flow was only US$0.4M, well below levels achieved in FQ222 of $9.9M and US$7.8M in FQ122."

Obviously they miss calculated the other two Q's they mentioned. Zero expense is recorded for equipment used in rental income, thus rthe 75% GP margin. Pathetic...

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