Viemed Healthcare, Inc. (T:VMD*CA)

Business Focus: Healthcare Facilities & Services (NEC)

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
Company Contact
Address: 625 E. KALISTE SALOOM RD.
LAFAYETTE LA 70508
Tel: 1-905-3261888
Website: https://www.viemed.com
IR: See website
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Key People
Michael Moore
President
Casey Hoyt
Chief Executive Officer, Director
Trae Paul Fitzgerald
Chief Financial Officer
W. Todd Zehnder
Chief Operating Officer, Director
Jerome Richard II Cambre
Vice President - Sales
Patrick Eagan
General Counsel, Company Secretary
William Frazier
Chief Medical Officer, Director
   
Business Overview
Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company's service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company's products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).
Financial Overview
For the three months ended 31 March 2024, Viemed Healthcare Inc revenues increased 28% to $50.6M. Net income increased 6% to $1.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Selling, General & Administrative Expens increase of 26% to $24.8M (expense), loss on disposal of ppe increase from $22K (income) to $213K (expense).
Employees: 996 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $276.86M as of Mar 31, 2024
Annual revenue (TTM): $194.05M as of Mar 31, 2024
EBITDA (TTM): $38.89M as of Mar 31, 2024
Net annual income (TTM): $10.33M as of Mar 31, 2024
Free cash flow (TTM): $8.47M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 38,820,766 as of Apr 26, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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