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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 Apr 19, 2024 9:17am
69 Views
Post# 35997735

RE:Pre market

RE:Pre marketI cannot dis-agree with what you say at all. I think many bagholders got caught up in the rhetoric  put forward by the investment companies leading them down the ( ''garden path'' ) with rediculous target numbers,  $ 14 , $16 , $13.50  and so on .--They (bagholders)  did not do enough checking into the scenario. --Once again , ''nothing wrong with the company day to day service quality  or operation ,but you just cannot expand ,carry on debt , be in 26 states with only  250000 clients, you just cannot make money.--- A company rationalization is required . Get larger by more client concentration, or get smaller by unloading older ,very rural assets, but when you cannot make money now , and you won't make money for at least 2 years, what is going to change in the business, that it,  ''all of a sudden '', turns profitable . I can't see any driver. Sure ,revenues go up , BUT you can't turn a proofit  on the revenues now, what is going to change.----- Across the board cost cutting ,  by likely (20%) would be a start . Higher concentration of clients leading to ''lowering of operating costs'' ,is the other.  As I see it . --I'll continue to monitor.
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