Quipt Home Medical Corp. (NASDAQ:QIPT) Q4 2021 Earnings Conference Call February 1, 2022 10:00 AM ET Company Participants Greg Crawford - Chairman & Chief Executive Officer Hardik Mehta - Chief Financial Officer Conference Call Participants Doug Cooper - Beacon Securities Sepehr Manochehry - Eight Capital Paul Stewardson - IA Capital Markets Justin Keywood - Stifel GMP Michael Freeman - Raymond James Bill Sutherland - The Benchmark Company Operator Thank you for standing by. This is the conference operator. ...

Financial Data and Key Metrics Changes - Quipt Home Medical reported revenue of $26.2 million in Q3 2021, a 41% increase from Q3 2020 [14] - Adjusted EBITDA for Q3 2021 was $5.3 million, up 21% year-over-year [15] - Bad debt expense improved to 8% for the nine months ending June 2021, down from 10% in the same period in 2020 [11][14] - Cash flow from operations for the nine months ending June 2021 was $11.9 million, compared to $9.8 million in the corresponding period in 2020 [16] Business Line Data and Key Metrics Changes - Quipt completed 95,192 setups in Q3 2021, a 65% increase from 57,551 setups in Q3 2020 [13] - Respiratory resupply setups increased by 181%, from 14,436 in Q3 2020 to 40,580 in Q3 2021 [13] - The customer base grew by 74% year-over-year, reaching 64,578 unique patients served in Q3 2021 [13] Market Data and Key Metrics Changes - Quipt operates in 60 locations across 15 states, with a focus on the Midwest, Southeast, and East Coast regions [6] - The company has seen strong demand for ventilators, sleep, and oxygen equipment, contributing to sustained growth across all product lines [16] Company Strategy and Development Direction - Quipt aims to become a national leader in respiratory care, focusing on organic growth, technology implementation, and accretive acquisitions [6][20] - The company is expanding its geographical footprint and has entered five new states since mid-July 2021 [20] - Quipt's growth strategy includes capturing market share, leading in technology deployment, and pursuing acquisitions of turnkey respiratory operations [25][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the regulatory environment, noting the cancellation of the 2021 competitive bidding program as a significant tailwind [10][48] - The company anticipates continued growth in Q4 2021 and beyond, supported by a robust M&A pipeline and strong operational performance [17][18] - Management highlighted the importance of home care and the ongoing shift towards treating patients in home settings as a key industry trend [21][22] Other Important Information - Quipt has approximately $33 million in cash on hand and an undrawn $20 million credit facility, providing financial flexibility for acquisitions [18] - The company has hired David Chester to lead its M&A and integration team, enhancing its acquisition strategy [18] Q&A Session Summary Question: Confirmation of EBITDA including NASDAQ transaction costs - Management confirmed that the reported EBITDA of $5.3 million includes approximately $400,000 in NASDAQ listing costs, suggesting adjusted earnings closer to $5.7 million [30][31] Question: Organic growth quarter-over-quarter - Management indicated that quarter-over-quarter growth was in the range of 4% to 5%, aligning with expectations of continued outperformance against industry averages [32][33] Question: Revenue per patient analysis - Management stated that revenue per patient is not a reliable metric due to various underlying variables, making it difficult to predict future trends [35][36] Question: Impact of cash flow increase - The increase in cash was attributed to a combination of cash flow from operations, warrant exercises, and net effects from recent acquisitions [37] Question: Geographic expansion strategy - Management plans to expand into new states with high COPD patient acuity, focusing on integrating acquired businesses into existing hubs [40] Question: COVID-19 impact on patient referrals - Management noted an uptick in home oxygen demand but did not see significant changes in patient referrals due to COVID-19 [42] Question: M&A pipeline characterization - Management described a robust M&A pipeline with numerous opportunities, emphasizing a methodical approach to capital deployment [44][45] Question: Changes in funding and reimbursement environment - Management expressed confidence in the current regulatory and reimbursement environment, highlighting opportunities for national contracts with payers [48][50] Question: Bad debt expense sustainability - Management indicated that maintaining bad debt expense between 8% to 10% is a comfortable range, with ongoing integration of acquired assets potentially affecting this metric [59][60]

TSXV:QIPT NASDAQ:QIPT QUIPT HOME MEDICAL CORPORATE PRESENTATION JUNE 2021 "exceeding expectations, enriching lives" SM Table of Contents 2 q Forward-Looking Statements q Company & Industry Overview q Strategic Growth Initiatives q Acquisitions Summary q Financial Information q Management Team Forward Looking Statements QIPT This presentation (the "Presentation") about Quipt Home Medical Corp. (the "Company") is dated as of June 1, 2021. It isinformation in a summary form and does not purport to be complete. ...

Protech Home Medical Corp. (PTQQF) Q1 2021 Earnings Conference Call March 2, 2021 10:00 AM ET Company Participants Greg Crawford - Chairman and CEO Hardik Mehta - CFO Conference Call Participants Rahul Sarugaser - Raymond James Doug Cooper - Beacon Securities Justin Keywood - Stiefel, GMP Paul Stewardson - Industrial Alliance Tania Gonsalves - Canaccord Operator Thank you for standing by. This is the conference operator. Welcome to the First Quarter Fiscal 2021 Financial Results Conference Call and webcast ...

Protech Home Medical Corp. (PTQQF) Q4 2020 Earnings Conference Call February 2, 2021 4:00 PM ET Company Participants Greg Crawford - Chairman and Chief Executive Officer Hardik Mehta - Chief Financial Officer Conference Call Participants Doug Cooper - Beacon Securities Stefan Quenneville - Echelon Capital Markets Michael Freeman - Raymond James Dick Ryan - Clear Securities Operator Thank you for standing by. This is the conference operator. Welcome to the Fourth Quarter and Audited Full Year Fiscal 2020 Ear ...

| --- | --- | |-------|-------| | | | | | | INVESTOR PRESENTATION SUMMER 2020 " Simplifying the Patient Experience " Table of Contents • Forward-Looking Statements & Statutory Rights of Action • Company & Industry Overview • Strategic Growth Initiatives • Financial Information 2 Forward Looking Statements PTQ This presentation (the "Presentation") about Protech Home Medical Corp. ("Protech") is dated as of August 18, 2020. It is information in a summary form and does not purport to be complete. It is not in ...

Protech Home Medical Corp. (PTQQF) Q3 2020 Earnings Conference Call August 18, 2020 10:00 AM ET Company Participants Greg Crawford - Chairman and CEO Hardik Mehta - CFO Conference Call Participants Doug Cooper - Beacon Securities Justin Keywood - Stifel Dick Ryan - Colliers Tanya Gonzalez - Canaccord Genuity Douglas Loe - Echelon Partners Operator Thank you for standing by. This is the conference operator. Welcome to the Third Quarter Fiscal 2020 Earnings and Corporate Update Conference Call for Protech Hom ...

Protech Home Medical Corp. (PTQQF) Q2 2020 Earnings Conference Call May 20, 2020 10:00 AM ET Company Participants Greg Crawford - Chairman and CEO Hardik Mehta - CFO Conference Call Participants Doug Cooper - Beacon Securities Douglas Loe - Echelon Wealth Partners Justin Keywood - Stifel Nicolaus Andrew Hood - M Partners Chelsea Stellick - iA Securities Operator Thank you for standing by. This is the conference operator. Welcome to the Protech Home Medical Second Quarter 2020 Financial Results Conference Ca ...

Protech Home Medical Corp. (PHMZF) Q1 2020 Results Conference Call February 26, 2020 10:00 AM ET Company Participants Greg Crawford - Chairman and CEO Hardik Mehta - Chief Financial Officer Conference Call Participants Doug Cooper - Beacon Securities Andrew Hood - M Partners Operator Thank you for standing by. This is the conference operator. Welcome to the Protech Home Medical first quarter, fiscal 2020 earnings and corporate update conference call. As a reminder, all participants are in listen only mode a ...

Protech Home Medical Corp. (PHMZF) Q4 2019 Results Conference Call January 29, 2020 10:00 AM ET Company Participants Greg Crawford - Chairman and CEO Hardik Mehta - CFO Conference Call Participants Doug Cooper - Beacon Securities Andrew Hood - M Partners Doug Loe - Echelon Wealth Partners Operator Welcome to the Protech Home Medical Fourth Quarter and Full Year Fiscal 2019 Results Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the present ...