Quipt Home Medical Corp. Ordinary Shares (QIPT)
Quipt Home Medical Corp. is a provider of home healthcare services, focusing on respiratory and sleep therapies. The company supplies equipment, supplies, and services to patients with chronic respiratory conditions, aiming to improve quality of life through in-home care solutions. It operates through a network of locations across the United States, emphasizing convenient access and personalized treatment.
Company News
Forager Capital Management, owning 9.7% of Quipt Home Medical, proposed to acquire the company for $3.10 per share in cash, representing a 120% premium over the previous share price and including a go-shop provision.
Quipt Home Medical reported Q3 2025 revenue of $58.3 million, a 4.1% decrease from the previous year, but achieved positive organic growth. The company acquired a durable medical equipment provider from Ballad Health and signed a Preferred Provider Agreement covering 20 hospitals across four states.
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