QIPT: Quipt Home Medical Corp Financial Statements
Balance sheet, income statement, and cash flow statements for Quipt Home Medical Corp (QIPT).
$125.82M Market Cap.
QIPT Market Cap. (MRY)
QIPT Shares Outstanding (MRY)
QIPT Assets (MRY)
Total Assets
$247.25M
Total Liabilities
$140.06M
Total Investments
$1.31M
QIPT Income (MRY)
Revenue
$245.91M
Net Income
-$6.76M
Operating Expense
$53.33M
QIPT Cash Flow (MRY)
CF Operations
$35.38M
CF Investing
-$10.31M
CF Financing
-$26.15M
QIPT Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $247,248,000 (-0.06%) | $247,408,000 (87.13%) | $132,214,000 (21.77%) | $108,573,000 (50.66%) |
Assets Current | $73,054,000 (11.65%) | $65,433,000 (57.53%) | $41,536,000 (-27.43%) | $57,233,000 (26.39%) |
Assets Non-Current | $174,194,000 (-4.28%) | $181,975,000 (100.68%) | $90,678,000 (76.62%) | $51,340,000 (91.70%) |
Goodwill & Intangible Assets | $118,686,000 (-6.45%) | $126,865,000 (122.20%) | $57,095,000 (108.91%) | $27,330,000 (188.47%) |
Shareholders Equity | $107,191,000 (-3.53%) | $111,115,000 (39.68%) | $79,547,000 (35.69%) | $58,622,000 (107.62%) |
Property Plant & Equipment Net | $53,860,000 (0.85%) | $53,405,000 (59.43%) | $33,497,000 (42.50%) | $23,506,000 (41.03%) |
Cash & Equivalents | $16,174,000 (-6.01%) | $17,209,000 (102.08%) | $8,516,000 (-75.40%) | $34,612,000 (18.42%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $3,568,000 (-20.90%) | $4,511,000 (48.58%) | $3,036,000 (23.82%) | $2,452,000 (35.92%) |
Total Investments | $1,311,000 (-7.09%) | $1,411,000 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $1,311,000 (-7.09%) | $1,411,000 (0%) | $0 (0%) | $0 (0%) |
Inventory | $20,853,000 (13.25%) | $18,414,000 (18.15%) | $15,585,000 (68.43%) | $9,253,000 (44.24%) |
Trade & Non-Trade Receivables | $29,116,000 (12.08%) | $25,978,000 (58.57%) | $16,383,000 (37.23%) | $11,938,000 (31.35%) |
Trade & Non-Trade Payables | $35,363,000 (5.64%) | $33,475,000 (70.63%) | $19,619,000 (58.76%) | $12,358,000 (49.05%) |
Accumulated Retained Earnings (Deficit) | -$170,571,000 (-4.13%) | -$163,808,000 (-1.73%) | -$161,024,000 (2.92%) | -$165,863,000 (-3.87%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $202,000 (-41.28%) | $344,000 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $99,802,000 (1.88%) | $97,963,000 (268.82%) | $26,561,000 (-1.82%) | $27,054,000 (17.90%) |
Debt Current | $21,919,000 (-2.96%) | $22,588,000 (44.48%) | $15,634,000 (56.76%) | $9,973,000 (57.10%) |
Debt Non-Current | $77,883,000 (3.33%) | $75,375,000 (589.81%) | $10,927,000 (-36.03%) | $17,081,000 (2.90%) |
Total Liabilities | $140,057,000 (2.76%) | $136,293,000 (158.78%) | $52,667,000 (5.44%) | $49,951,000 (13.97%) |
Liabilities Current | $60,850,000 (0.46%) | $60,574,000 (45.12%) | $41,740,000 (27.50%) | $32,737,000 (34.25%) |
Liabilities Non-Current | $79,207,000 (4.61%) | $75,719,000 (592.95%) | $10,927,000 (-36.52%) | $17,214,000 (-11.47%) |
QIPT Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $245,915,000 (16.17%) | $211,677,000 (51.35%) | $139,862,000 (36.65%) | $102,351,000 (40.90%) |
Cost of Revenue | $191,467,000 (18.83%) | $161,121,000 (63.71%) | $98,416,000 (34.86%) | $72,977,000 (24.62%) |
Selling General & Administrative Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $53,333,000 (11.80%) | $47,703,000 (29.93%) | $36,715,000 (19.07%) | $30,834,000 (109.41%) |
Interest Expense | $7,168,000 (21.29%) | $5,910,000 (184.27%) | $2,079,000 (4.32%) | $1,993,000 (8.49%) |
Income Tax Expense | $109,000 (28.24%) | $85,000 (104.46%) | -$1,904,000 (39.65%) | -$3,155,000 (-2564.84%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$6,763,000 (-142.92%) | -$2,784,000 (-157.53%) | $4,839,000 (178.38%) | -$6,174,000 (-35.04%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$6,763,000 (-142.92%) | -$2,784,000 (-157.53%) | $4,839,000 (178.38%) | -$6,174,000 (-35.04%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$6,763,000 (-142.92%) | -$2,784,000 (-157.53%) | $4,839,000 (178.38%) | -$6,174,000 (-35.04%) |
Weighted Average Shares | $42,501,000 (10.09%) | $38,607,000 (14.74%) | $33,647,000 (10.54%) | $30,438,000 (33.96%) |
Weighted Average Shares Diluted | $42,501,000 (10.09%) | $38,607,000 (6.35%) | $36,302,000 (19.27%) | $30,438,000 (33.96%) |
Earning Before Interest & Taxes (EBIT) | $514,000 (-83.99%) | $3,211,000 (-35.96%) | $5,014,000 (168.35%) | -$7,336,000 (-181.40%) |
Gross Profit | $54,448,000 (7.70%) | $50,556,000 (21.98%) | $41,446,000 (41.10%) | $29,374,000 (108.64%) |
Operating Income | $1,115,000 (-60.92%) | $2,853,000 (-39.70%) | $4,731,000 (424.04%) | -$1,460,000 (-126.36%) |
QIPT Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$10,313,000 (87.55%) | -$82,825,000 (-94.91%) | -$42,493,000 (-138.22%) | -$17,838,000 (-127.15%) |
Net Cash Flow from Financing | -$26,147,000 (-148.04%) | $54,430,000 (652.53%) | -$9,851,000 (-303.53%) | $4,840,000 (-64.73%) |
Net Cash Flow from Operations | $35,381,000 (-4.32%) | $36,980,000 (40.37%) | $26,344,000 (48.32%) | $17,761,000 (26.56%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$1,079,000 (-112.57%) | $8,585,000 (133.02%) | -$26,000,000 (-645.87%) | $4,763,000 (-76.07%) |
Net Cash Flow - Business Acquisitions and Disposals | -$210,000 (99.72%) | -$76,038,000 (-126.81%) | -$33,525,000 (-160.09%) | -$12,890,000 (-60.82%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$10,103,000 (-48.86%) | -$6,787,000 (24.32%) | -$8,968,000 (-81.24%) | -$4,948,000 (-3154.32%) |
Issuance (Repayment) of Debt Securities | -$25,558,000 (-178.64%) | $32,501,000 (690.82%) | -$5,501,000 (57.56%) | -$12,963,000 (4.27%) |
Issuance (Purchase) of Equity Shares | $355,000 (-98.69%) | $27,012,000 (5167.92%) | -$533,000 (-102.79%) | $19,077,000 (-10.24%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $44,000 (-59.26%) | $108,000 (212.50%) | -$96,000 (-115.43%) | $622,000 (262.40%) |
Share Based Compensation | $2,484,000 (-52.95%) | $5,280,000 (-3.88%) | $5,493,000 (10.92%) | $4,952,000 (2795.91%) |
Depreciation Amortization & Accretion | $50,555,000 (22.62%) | $41,229,000 (78.95%) | $23,040,000 (29.54%) | $17,786,000 (22.34%) |
QIPT Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 22.10% (-7.53%) | 23.90% (-19.26%) | 29.60% (3.14%) | 28.70% (47.94%) |
Profit Margin | -2.80% (-115.38%) | -1.30% (-137.14%) | 3.50% (158.33%) | -6.00% (4.76%) |
EBITDA Margin | 20.80% (-0.95%) | 21.00% (4.48%) | 20.10% (97.06%) | 10.20% (-37.80%) |
Return on Average Equity (ROAE) | -6.20% (-113.79%) | -2.90% (-140.85%) | 7.10% (150.00%) | -14.20% (36.04%) |
Return on Average Assets (ROAA) | -2.70% (-107.69%) | -1.30% (-132.50%) | 4.00% (158.82%) | -6.80% (15.00%) |
Return on Sales (ROS) | 0.20% (-86.67%) | 1.50% (-58.33%) | 3.60% (150.00%) | -7.20% (-100.00%) |
Return on Invested Capital (ROIC) | 0.40% (-85.19%) | 2.70% (-74.04%) | 10.40% (151.74%) | -20.10% (-145.12%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | -18.25 (74.90%) | -72.71 (-344.12%) | 29.79 (194.41%) | -31.55 |
Price to Sales Ratio (P/S) | 0.51 (-45.58%) | 0.93 (-7.48%) | 1 (-46.56%) | 1.88 |
Price to Book Ratio (P/B) | 1.17 (-29.99%) | 1.68 (-4.93%) | 1.76 (-50.66%) | 3.58 |
Debt to Equity Ratio (D/E) | 1.31 (6.52%) | 1.23 (85.35%) | 0.66 (-22.30%) | 0.85 (-45.10%) |
Earnings Per Share (EPS) | -0.16 (-128.57%) | -0.07 (-150.00%) | 0.14 (170.00%) | -0.2 (0.00%) |
Sales Per Share (SPS) | 5.79 (5.53%) | 5.48 (31.90%) | 4.16 (23.61%) | 3.36 (5.19%) |
Free Cash Flow Per Share (FCFPS) | 0.59 (-23.91%) | 0.78 (51.55%) | 0.52 (22.57%) | 0.42 (-32.64%) |
Book Value Per Share (BVPS) | 2.52 (-12.37%) | 2.88 (21.74%) | 2.36 (22.74%) | 1.93 (54.95%) |
Tangible Assets Book Value Per Share (TABVPS) | 3.02 (-3.11%) | 3.12 (39.81%) | 2.23 (-16.34%) | 2.67 (-3.12%) |
Enterprise Value Over EBIT (EV/EBIT) | 407 (396.34%) | 82 (156.25%) | 32 (214.29%) | -28 |
Enterprise Value Over EBITDA (EV/EBITDA) | 4.1 (-30.66%) | 5.91 (4.64%) | 5.65 (-71.40%) | 19.76 |
Asset Turnover | 0.99 (-0.60%) | 1 (-14.09%) | 1.16 (2.74%) | 1.13 (-11.28%) |
Current Ratio | 1.2 (11.20%) | 1.08 (8.54%) | 0.99 (-43.08%) | 1.75 (-5.87%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $25,278,000 (-16.28%) | $30,193,000 (73.76%) | $17,376,000 (35.61%) | $12,813,000 (-9.74%) |
Enterprise Value (EV) | $209,436,800 (-20.31%) | $262,804,170 (65.75%) | $158,549,990 (-23.23%) | $206,525,410 |
Earnings Before Tax (EBT) | -$6,654,000 (-146.54%) | -$2,699,000 (-191.96%) | $2,935,000 (131.46%) | -$9,329,000 (-109.92%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $51,069,000 (14.92%) | $44,440,000 (58.41%) | $28,054,000 (168.46%) | $10,450,000 (-12.41%) |
Invested Capital | $151,340,000 (7.54%) | $140,723,000 (173.65%) | $51,424,000 (25.58%) | $40,948,000 (28.26%) |
Working Capital | $12,204,000 (151.16%) | $4,859,000 (2481.86%) | -$204,000 (-100.83%) | $24,496,000 (17.22%) |
Tangible Asset Value | $128,562,000 (6.65%) | $120,543,000 (60.47%) | $75,119,000 (-7.54%) | $81,243,000 (29.80%) |
Market Capitalization | $125,822,800 (-32.48%) | $186,360,170 (32.82%) | $140,307,990 (-33.05%) | $209,561,410 |
Average Equity | $109,483,750 (13.94%) | $96,086,000 (41.52%) | $67,896,000 (56.34%) | $43,428,500 (110.52%) |
Average Assets | $247,384,750 (16.82%) | $211,765,250 (76.25%) | $120,148,500 (33.03%) | $90,319,000 (58.84%) |
Invested Capital Average | $144,109,500 (20.05%) | $120,038,000 (148.78%) | $48,250,000 (32.42%) | $36,437,000 (14.48%) |
Shares | 43,090,000 (17.69%) | 36,613,000 (8.82%) | 33,647,000 (1.31%) | 33,211,000 (18.32%) |
