Stable Adjusted EBITDA Margin
Despite revenue softness, Quipt Home Medical achieved an adjusted EBITDA margin of 23.3%, a result of structural efficiencies initiatives that began in late 2024.
Strong Cash Flow from Operations
The company reported cash flow from operations of $18.3 million for the six months ended March 31, 2025, compared to $14.9 million for the same period in 2024.
High Recurring Revenue
Recurring revenue for Q2 2025 remains strong at 81% of total revenue.
Positive Developments in Sleep Business
GLP-1 medications showed no impact on demand, with steady referral activity for new device setups. Real-world data indicates a positive effect on treatment adherence.