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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 ramman1on Jan 22, 2024 10:01am
204 Views
Post# 35838776

Buyout possibly in near future

Buyout possibly in near futureCompany not making money , and very little cash left for a ''meaningful'' tuck-in ,puts everything into a static mode ,while a potential  buyer would  want that stability with no changes while formulating an offer.-----  Company buying would (1) have thier own capital,no 8% interest ,  problem 1 solved), (2)  Company would not retain high rent costs and current managers,another high cost eliminated.(3) Company would have a reconsolidation plan in place  for money loosing areas,problem 3 solved. ------  22% premium offer  from  $ 6.20  ??? ,could happen . Just  something to keep an eye on . IMHO  
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