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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

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

Post by lscfaon Jan 03, 2023 6:39pm
390 Views
Post# 35201748

Great Elm

Great Elm

Latest qtr revs. annualized is $67 million and that is net revenues...

"The Company does not have significant bad debt experience with Payors, and therefore the allowance for doubtful accounts is immaterial."

ebitda about to increase by 41% due to 8% revenue increase for inflation...

$67 mil rev x 8% = $5.36 mil additional ebitda to $13 mil existing ebitda.




 
 

 

 

Great elm group

 

 

 

 

Qtr ending

Total DME Revenue

Sales 

Service 

Rentals

Sep 22

16,719

9,634

1,394

5,691

Jun 22

16,516

9,462

1,521

5,533

Mar 22

15,634

8,976

1,383

5,275

Dec 21

15,728

8,968

1,309

5,451

Sep 21

15,555

8,730

1,346

5,479

 

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