Quipt Home Medical Corp T.QIPT

Organic Growth revisited

[Trademark11]

Q3/21 should give us a better view on their organic growth. 

No aquisitions in Q3/21, and will have an extra 400-500G contribution from Mayhews. 

If it organic growth sits at 8-10% annualized as suggested by management, then we should see Q/Q rate of 2-2.5%

As such:

Q2/21 Rev = 24.2
Mayhews   = 0.4-0.5 MM above Q2/21
Organic Growth = 2-2.5% Q/Q =  0.6-0.65MM 

Total Rev Q3/21 = 25.1-25.3 MM = 30% yr/yr growth

EBITDA @ 22%  = 5.4-5.6 MM 

Pretty much plain vanilla for this Q; pays to be patient in this case with an upside bias IMO, am trimming only slightly into the rallies

[Carlito3311]

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[Trademark11]

Agreed Carlito.  

[besttobe]

I believe the analyst expectations for this Q, are $26.5 mil rev and .03 cents earning per share.

[ol_griz]

Do we have any idea of how much rev. these will contribute?  Numbers othrewise look like a bit of a shortfall.