Quipt Surpasses 200,000 Active Patients Adding Approximately $7 Million in Annualized Revenues, and Anticipated $1.4 Million of Adjusted EBITDA Post Integration

CINCINNATI, July 11, 2022 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce that it has acquired Hometown Medical, LLC (“Hometown Medical”), a business with operations in Mississippi, reporting unaudited trailing 12-month annual revenues of approximately $7 million ‎and with anticipated Adjusted EBITDA (defined below) of $1.4 million post integration. As a reminder all figures stated are in USD.

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