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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 > 150000 + clients required
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Post by ramman1 on Aug 04, 2021 1:01pm

150000 + clients required

Pry Greg , and Hardik  away from the beer and wings at the Longhorn bar and grill down the street from head office , and lets get going  by making a dent in this large ''pipeline'' of acquisition targets .----The target of 200 mil rev cannot be achieved without a lot more bodies under administration . Internal growth cannot get us there, not even close .---  Get more bodies into the core areas . Having 5000 bodies spread through 3 states where the Qipt staff have to drive 200 km to change out a clients $5  breathing air filter ,does not add up to a profitable operation .
Comment by gibbonsj on Aug 04, 2021 2:47pm
Ramman1. Not sure where the $150, 000 clients comes from but let's go with it. What is the cost per client to buy versus build? When we buy we pay a premium for every client we live with that premium until we replace those clients with new ones but until then we live with the lower margins and the higher cost per client which impacts profitability for a substantial period which in turn ...more  
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