Bullboard - Stock Discussion Forum Quipt Home Medical Corp T.QIPT

Alternate Symbol(s): QIPT

Healthcare

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

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TSX:QIPT - Post Discussion

Quipt Home Medical Corp > New Press Release - Quipt Announces Multi-State Acquisition Adding Approximately $9 Million in Annualized Revenues, and Anticipated $2 Million in Adjusted EBITDA Post Integration

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Post by PressRelease on Sep 11, 2023 7:30am

New Press Release - Quipt Announces Multi-State Acquisition Adding Approximately $9 Million in Annualized Revenues, and Anticipated $2 Million in Adjusted EBITDA Post Integration

Acquisition Expands Operations in Mississippi, Texas and Louisiana CINCINNATI, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSX:QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, is very pleased to...read article.

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Comment by besttobe on Sep 11, 2023 7:58am

Not a game changer, but an aquistion never the less. It would be good to know what they paid and the cash balance remaining. Maybe the cash would have been better used to pay down the debt at 8% v return on assets of 5%? I assume based on historical prices they paid approx 9 million cash? We shall see I guess. GLTA

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