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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 Polar4on Apr 17, 2023 9:46am
352 Views
Post# 35398139

Quipt’s Growth Strategy & Improving CapEx

Quipt’s Growth Strategy & Improving CapEx To Sustain The Rally

What is the difference between Quipt and AHCO in 2023? Qipt CapEx is forcast to decline while AHCO CapEx is forcast to increase. This is one of the biggest reasons why Quipt’s share price will grow substantially in 2023 while AHCO will continue to underperform.

“The company's CapEx as a function of revenues declined last quarter, "a trend that the company will like to maintain" per language on the Q1 call. Quarterly CapEx pulled to 3.1% of turnover, 6.7% on a TTM basis, down from 8.4% and 6.8% respectively. Capital intensity looks to be decreasing. The lighter capital charge is coupled with projected upticks in revenue and profitability, meaning the prospect for QIPT to throw off attractive rates of cash to shareholders is quite high.” Result, substantial growth in FCFE!

IMHO this is fantastic news going forward into 2023 and beyond!

Anyone that has questions in regard to FCF as it relates to financial statements and a DME company like Quipt, should speak with their financial planner or accountant for a detailed explanation.

Best regards
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