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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

Comment by ramman1on Oct 13, 2023 11:51am
131 Views
Post# 35682333

RE:Hilarious!

RE:Hilarious!You're  not a sucker at all. Just an investor riding the share price down ,like I thought it would. To  $5.75 ?-----  Quite simply, nothing has changed. Still a very  decent company,well respected from service standpoint , ''however'' as I have said before,in my observation , way too many outlets in rural areas mature,not busy ,not making money ,and dragging down the higher growth sell/cross sell areas. ----Let me know ''when'' QIPT  sells off some ''non core area assets''. Areas way too rural and spread out to make money. I am waiting for at least a  tuck-in in a (core area). ---Buying this  latest  tuck-in asset ,''of which we got no detail, with 15000 clients spread across  ''3 States'' in an entirely new area ,after the initial sell/cross sell is over, is going to be yet  another  tough area  to make money.-----  Sure, as Q's go on ,revenue will rise as client numbers increase via tuck-ins, however, the company will have a very hard time making  bottom line money.-----IMO
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