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Bullboard - Stock Discussion Forum 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... see more

TSX:QIPT - Post Discussion

Quipt Home Medical Corp > Company missed Revenue target and Earnings target.
View:
Post by besttobe on Feb 01, 2021 9:18am

Company missed Revenue target and Earnings target.

As expected. Nothing to get excited about. Still a show me story and need more revenue to scale. 

Expect sell on news.
Comment by savyinvestor333 on Feb 01, 2021 9:22am
Ok thanks for your opinion  See Ya!
Comment by Trytobelong on Feb 01, 2021 9:25am
For the third time, Besttobe... if you have no share, why are you here ????  As I can see, it's only to bash PTQ 
Comment by ClemFandango on Feb 01, 2021 9:30am
These results do not include Sleepwell or the latest acquisition (about 18 million in revenue).
Comment by lscfa on Feb 01, 2021 9:33am
Exactly, sept qtr is ancient history....   Q ending  Revenue ebitda  Dec 20 (e) 28,250 6,731 Sept 20 25,016 5,918 Jun 20 25,869 5,544  ...more  
Comment by Carlito3311 on Feb 01, 2021 9:33am
This post has been removed in accordance with Community Policy
Comment by besttobe on Feb 01, 2021 10:07am
As expected, sell on news. Organic growth Q over Q was negative/zero. Still losing money.  No guidance given for Q1 2021. Not a good sign as they always announce perliminary numbers if they expect a good Q.  Bad debts are creeping up again.  They need to scale better and start earning money. 
Comment by lscfa on Feb 01, 2021 10:17am
Lying scumbag.... Compared to Q3 2020, the Company experienced strong organic growth of 3%, excluding new acquisitions, in the fourth quarter, however the reported Canadian dollar revenue amount was slightly offset by a weakening of the U.S. dollar relative to the Canadian dollar.
Comment by lscfa on Feb 01, 2021 10:20am
Double lying scumbag...   Q ending  Revenue Bad debt Bad debt/ rev Dec 20 (e) 28,250     Sept 20 25,016 2,140 8.6% Jun 20  ...more  
Comment by lscfa on Feb 02, 2021 8:39am
They also do not include the full impact of Health Technology Resources, acquired Aug 17.      Pro forma revenues and net income for HTR for the year ended September 30, 2020 were approximately $5,500,000 and $2,000,000, respectively. Of those amounts, revenues of approximately $600,000 and net income of approximately $150,000 contributed to the Company’s results for the ...more  
Comment by lscfa on Feb 01, 2021 9:28am
Reread NR dumbass....Additionally, from previously issued guidance $1.6 million revenue was reclassified as other income, as per the Company’s auditor’s request.  
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