Quipt would have quadrupled the size of its business in the last ten quarters, the next catalyst Q2 2023 financials!
Cooper said Quipt will report in the coming weeks its fiscal Q2 2023 report (for the period ended March 31), which will be the first to feature Great Elm’s input. The analyst said assuming a two per cent sequential rise in Quipt’s base business and adding on a $15 million contribution from Great Elm, Quipt’s revenue would be at $56 million, representing a year-over-year revenue boost of 92 per cent. That would mean Quipt would have quadrupled the size of its business in the last ten quarters, Cooper said.
“Investors do not have to wait long for the next catalyst as the company will report its Q2/FY23 in the coming weeks. These will be truly transformational and show investors the growth that the company has experienced over the past few years,” he said.