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Shareholder Alert: The Ademi Firm investigates whether Quipt Home Medical Corp. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2025-12-16 15:47
MILWAUKEE, Dec. 16, 2025 /PRNewswire/ -- The Ademi Firm is investigating Quipt (Nasdaq: QIPT) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Kingswood and Forager. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Quipt shareholders will receive $3.65 per share, valuing Quipt at approximate ...
Quipt Home Medical Corp. (NASDAQ: QIPT) Financial Overview and Market Activity
Financial Modeling Prep· 2025-12-16 15:00
Core Insights - Quipt Home Medical Corp. (NASDAQ:QIPT) specializes in in-home monitoring and disease management services for patients with chronic conditions, facing competition from other healthcare service providers [1] Financial Performance - On December 15, 2025, QIPT reported an earnings per share (EPS) of -$0.08, missing the estimated EPS of $0.03 [2][6] - The company's revenue was $68.3 million, falling short of the expected $105 million [2][6] - Despite the earnings miss, the stock experienced a 34.1% increase, opening at $3.50 the following day, attributed to a surge in options trading activity [2][6] Options Trading Activity - There was a significant increase in options trading, with 5,781 call options purchased, compared to an average of 418 [3] - This surge in options trading likely contributed to the stock's price increase [3] Market Metrics - QIPT's market capitalization stands at $152 million, with a beta of 0.59, indicating lower volatility compared to the market [3] - The company has a quick ratio of 0.75 and a current ratio of 1.15, suggesting it can cover its short-term liabilities [4] - The debt-to-equity ratio is 0.71, indicating moderate leverage [4] - The negative price-to-earnings ratio of -14.75 and negative earnings yield of -6.78% highlight ongoing financial challenges [4] Valuation Ratios - QIPT's price-to-sales ratio is 0.61, and its enterprise value to sales ratio is 0.93, reflecting how the market values its sales [5] - The enterprise value to operating cash flow ratio is 6.73, suggesting the company is valued at 6.73 times its operating cash flow, a key metric for assessing financial health [5]
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Quipt Home Medical Corp. (NASDAQ: QIPT)
Prnewswire· 2025-12-15 19:07
NEW YORK, Dec. 15, 2025 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Quipt Home Medical Corp. (NASDAQ: QIPT) related to its sale to affiliates of Kingswood Capital Management, LP. Under the terms of the p ...
Quipt Home Medical (QIPT) - 2025 Q4 - Annual Results
2025-12-15 12:51
Revenue Performance - Q4 2025 revenue was $68.3 million, an 11% increase from $61.3 million in Q4 2024, with a sequential organic growth of 5% from Q3 2025[5] - Fiscal year 2025 revenue was $245.4 million, slightly down from $245.9 million in fiscal year 2024[5] - Recurring revenue for Q4 2025 accounted for 80% of total revenue, driven by the growth in the resupply platform[5] Profitability Metrics - Adjusted EBITDA for Q4 2025 was $14.9 million, representing 21.8% of revenues, compared to $13.4 million (21.9%) in Q4 2024, marking an 11% increase[5] - Adjusted EBITDA for fiscal year 2025 was $55.9 million (22.8% of revenue), down 3% from $57.7 million (23.5%) in fiscal year 2024[5] - Net loss for Q4 2025 was ($3.6) million, or ($0.08) per diluted share, compared to ($2.9) million, or ($0.07) per diluted share in Q4 2024[5] Customer Growth - The customer base increased by 10% year over year to 346,000 unique patients served in fiscal year 2025[5] - Unique set-ups/deliveries increased by 7% to 917,000 in fiscal year 2025, including 486,000 respiratory resupply set-ups[5] Cash Flow and Financial Health - Cash flow from operating activities was $37.7 million for the year ended September 30, 2025, compared to $35.4 million for the previous year[5] - The Company maintains a conservative balance sheet with a Net Debt to Adjusted EBITDA Leverage Ratio of 1.8x[5]
Quipt Home Medical (QIPT) - 2025 Q4 - Annual Report
2025-12-15 12:44
Company Operations - Quipt Home Medical Corp. operates in 27 states in the US, focusing on durable medical equipment for chronic conditions, particularly respiratory diseases[24]. - As of September 30, 2025, the Company had approximately 1,600 employees and operates in 27 states, facing competition from both large national and regional DME providers[51][46]. Financial Performance - The company has been negatively impacted by inflation and rising interest rates, affecting its financial performance[19]. - Supply chain disruptions and labor shortages in the US have adversely affected Quipt's operations[19]. - Quipt's financial condition is influenced by private third-party payors' efforts to control costs, which may lead to lower reimbursement rates[19]. - Changes in governmental reimbursement policies could significantly affect Quipt's revenue and financial condition[22]. - The Company has no current plans to pay cash dividends on its Common Shares for the foreseeable future, which may affect returns on investment[30]. - The Company has no customers accounting for 10% or more of its consolidated revenue, primarily earning revenue through reimbursements from government and private health insurance[49]. - The Company recognized a foreign currency loss of approximately $367,000 due to unfavorable exchange rate movements during the twelve months ended September 30, 2025[333]. - The company has not employed any foreign currency hedging programs, which could lead to significant effects on net income due to fluctuations in the Canadian dollar against the US dollar[334]. - With $87,583,000 of borrowings on the credit facility, a 1% increase in interest rates would result in an additional $335,830 of annual interest expense[335]. Strategic Growth and Acquisitions - Quipt's strategic growth plan includes acquisitions, but the success of this strategy is uncertain[19]. - The Company has entered into an Arrangement Agreement to be acquired for US$3.65 per Share, with the transaction expected to close in the first half of 2026[25][27]. - The acquisition will result in the Company being de-listed from The Nasdaq Capital Market and the Toronto Stock Exchange, ceasing to be a Canadian "reporting issuer" post-transaction[28]. - The Company acquired 100% of Mediserve Medical Equipment for a total purchase price of $2,616,000, funded from cash on hand[40]. - The Company also acquired a 60% interest in Hart Medical Equipment for $17,372,000 in cash and the repayment of $3,261,000 in indebtedness, funded through borrowings under its senior credit facility[41]. - The Company aims to create shareholder value by expanding its geographical footprint through strategic acquisitions and enhancing patient compliance with technology solutions[35][36]. Regulatory and Operational Risks - The company relies on a limited number of suppliers for patient service equipment, which poses operational risks[19]. - Quipt's operations are subject to various regulatory requirements, and failure to comply could result in penalties[22]. - The company may need additional capital to fund growth, which may not be available on acceptable terms[22]. - The company has entered into interest rate swap agreements for $54,000,000 of principal to receive a fixed rate during the year ended September 30, 2025[335]. Competition - The company faces competition from numerous providers in the sleep therapy and home respiratory equipment markets, which could impact revenues[19].
Quipt Home Medical Reports Fourth Quarter and Fiscal Year 2025 Financial Results
Globenewswire· 2025-12-15 12:30
CINCINNATI, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “Company”) (NASDAQ: QIPT; TSX:QIPT), a U.S.-based home medical equipment provider focused on end-to-end respiratory care, today announced its fourth quarter and fiscal year 2025 financial results and operational highlights. These results pertain to the three months and year ended September 30, 2025 and are reported in U.S. Dollars under GAAP. Financial Highlights: Revenue for Q4 2025 was $68.3 million compared to $61.3 million for Q ...
Quipt Home Medical Enters Into Definitive Agreement for Its Acquisition by Affiliates of Kingswood Capital Management and Forager Capital Management
Globenewswire· 2025-12-15 12:30
Quipt shareholders to receive US$3.65 per share in cashTransaction provides immediate liquidity and certainty of value to shareholdersThe per share purchase price represents a 162% premium to Quipt’s unaffected stock price on May 19, 2025, the last full trading day prior to the public disclosure of Forager’s $3.10 per share proposal, and a 54% premium to Quipt’s 30-day VWAP as of December 12, 2025 CINCINNATI, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ: QIPT ...
Concerned Shareholder Bradley L. Radoff Urges Quipt Home Medical's Board of Directors to Pursue a Value-Maximizing Sale
Businesswire· 2025-12-05 21:00
HOUSTON--(BUSINESS WIRE)--Bradley L. Radoff, who collectively with his affiliates owns approximately 4.9% of the outstanding common shares of Quipt Home Medical Corp. (NYSE: QIPT) ("Quipt" or the "Company"), today issued the following statement regarding the manner in which the Company's Board of Directors (the "Board†) has failed to capitalize on apparent acquirer interest: "The Board has spent years destroying its credibility by presiding over poor execution and significant shareholder value. ...
Lakeview Urges Quipt's Board to Initiate a Legitimate Review of All Strategic Options Including a Sale, Inclusive of a Credible Bidder's $3.10 All-Cash Offer
Businesswire· 2025-10-22 16:10
Core Viewpoint - Lakeview Opportunity Fund, LLC, a nearly 5% owner and top 5 shareholder of Quipt Home Medical Corp, believes that the Company's Board of Directors has failed to act in the best interests of shareholders by not engaging with a credible bidder during a strategic review process [1] Group 1 - Lakeview Investment Group has expressed concerns regarding the Board's lack of good faith in negotiations [1] - The Company is under scrutiny for not conducting a transparent and viable strategic review [1]
All You Need to Know About Quipt Home Medical (QIPT) Rating Upgrade to Buy
ZACKS· 2025-09-25 17:01
Core Viewpoint - Quipt Home Medical Corp. (QIPT) has received a Zacks Rank 2 (Buy) upgrade due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, which reflects the changing earnings picture of a company [1][2]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, influenced by institutional investors who adjust their valuations based on these estimates [4]. Company Performance and Investor Sentiment - The rising earnings estimates for Quipt Home Medical suggest an improvement in the company's underlying business, which is expected to drive stock appreciation [5]. - Over the past three months, the Zacks Consensus Estimate for Quipt Home Medical has increased by 41.4%, indicating a significant positive revision in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - Quipt Home Medical's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].