Quipt Home Medical Corp. (QIPT) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	285.3M	341.4M	245.9M	211.7M	139.9M
Cost of Revenue	11.1M	6.1M	68.9M	57.9M	33.2M
Gross Profit	253.9M	239.3M	177.0M	153.8M	106.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	116.8M	97.5M	94.7M	82.4M	53.8M
General & Admin Expense	100.8M	91.9M	89.2M	78.2M	51.7M
Selling & Marketing Expense	6.0M	5.6M	5.5M	4.2M	2.2M
Other Expenses	101.8M	154.4M	81.2M	68.6M	48.1M
Total Operating Expenses	218.6M	251.9M	175.9M	150.9M	101.9M
Cost and Expenses	288.2M	346.7M	244.8M	208.8M	135.1M
Operating Income (EBIT)	(3.2M)	(5.3M)	1.1M	5.8M	4.7M
Non-Operating
Interest Income	376.2K	467.0K	791.5K	366.3K	—
Interest Expense	8.6M	6.7M	9.3M	7.6M	1.9M
Net Interest Income	(8.3M)	(6.3M)	(8.6M)	(7.2M)	(1.9M)
Other Non-Op Income/Expense	(6.7M)	(9.1M)	(7.8M)	—	(1.8M)
Non-Operating Income (excl Interest)	35.0K	—	601.0K	829.9K	(283.0K)
EBT (Pre-Tax Income)	(10.0M)	(14.4M)	(6.7M)	(2.7M)	2.9M
Income Tax Expense	236.0K	241.0K	109.0K	85.0K	(1.9M)
Bottom Line
Net Income	(10.7M)	(10.7M)	(6.8M)	(2.8M)	4.8M
Earnings from Cont. Ops	(10.2M)	(10.6M)	(6.8M)	(2.8M)	4.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(10.7M)	(10.7M)	(6.8M)	(2.8M)	4.8M
Per Share
Basic EPS	($0.25)	($0.25)	($0.16)	($0.07)	$0.14
Diluted EPS	($0.25)	($0.25)	($0.16)	($0.07)	$0.13
Revenue Per Share	$6.54	$7.89	$5.79	$5.32	$4.05
Shares
Basic Shares Outstanding	43.6M	43.3M	42.5M	39.8M	34.6M
Diluted Shares Outstanding	43.6M	43.3M	42.5M	39.8M	37.2M
Profitability Metrics
EBITDA	46.5M	57.4M	51.1M	45.1M	28.1M
D&A	48.9M	63.3M	50.6M	40.2M	23.0M
EBIT	(2.5M)	(5.9M)	514.0K	4.9M	5.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025