Posted: 02/02/2025 03:54 am
Quipt Home Medical Corp., a U.S.-based provider of home medical equipment with a strong focus on end-to-end respiratory care, continues navigating financial and operational challenges while investing in growth and stability. Central to this journey is Gregory Crawford, the company's Chief Executive Officer, whose 2024 compensation package reflects the broader corporate efforts and market dynamics within the industry. For 2024, Crawford received a salary of $680,725, with no data reported for bonuses, stock awards, option awards, or incentive plan compensation. His additional compensation totaled $31,381, bringing his total compensation to $712,106[^1^].
Despite operational challenges throughout the year, including Medicare policy changes and a cybersecurity incident, Quipt has maintained a focus on its growth strategy centered on organic expansion and acquisitions, with a target growth rate of 8% to 10% for FY2025. The company's recurring revenue model and strong gross margins were cited as stabilizing factors amid these setbacks[^2^]. However, financial struggles were evident in its fiscal reports. Quipt's Q4 2024 showed a loss, missing revenue estimates and reporting a per-share loss of $0.07[^3^]. Yet, the company reported strong adjusted EBITDA margins for the same fiscal year, indicating efforts towards financial resilience[^4^]. As the stock price has seen a 50% drop over the year, there are optimistic signs of recovery potential, reflected in its efforts to regain positive sequential growth[^5^].
The company is set to announce its fiscal first-quarter 2025 financial results on February 10, 2025, after the market closes, with a conference call scheduled for the following day. This announcement and the subsequent investor call will be critical for realigning stakeholder expectations and reinforcing its strategic direction[^6^]. Given the broader financial context and challenges faced, Gregory Crawford's compensation provides an insight into the leadership's focus on steadying and potentially rejuvenating the company’s performance.
As Quipt Home Medical navigates these complexities, the nuances of executive compensation serve as a microcosm of the organization's wider strategic imperatives. Investors and stakeholders will be keenly watching the company's upcoming financial disclosures and strategic moves as indicators of future recovery and growth potential.
---
:
1. SEC Filing, Quipt Home Medical Corp. executive compensation for Gregory Crawford - [SEC Archive](https://www.sec.gov/Archives/edgar/data/1540013/000155837025000412/0001558370-25-000412-index.htm)
2. "Struggling For Air: Quipt Home Medical's Growth Hurdles and Recovery Potential," Seeking Alpha - [Seeking Alpha](https://seekingalpha.com/article/4745492-struggling-for-air-quipt-home-medical-stock-growth-hurdles-recovery-potential-hold-for-now)
3. "Quipt Home Medical Corp. Reports Q4 Loss, Misses Revenue Estimates," Zacks - [Zacks](https://www.zacks.com/stock/news/2384230/quipt-home-medical-corp-qipt-reports-q4-loss-misses-revenue-estimates?cid=CS-STOCKNEWSAPI-FT-tale_of_the_tape|yseop_template_4-2384230)
4. "Quipt Home Medical Reports Fourth Quarter and Fiscal Year 2024 Financial Results," GlobeNewswire - [GlobeNewswire](https://www.globenewswire.com/news-release/2024/12/16/2997932/0/en/Quipt-Home-Medical-Reports-Fourth-Quarter-and-Fiscal-Year-2024-Financial-Results.html)
5. "Struggling For Air: Quipt Home Medical's Growth Hurdles and Recovery Potential," Seeking Alpha - [Seeking Alpha](https://seekingalpha.com/article/4745492-struggling-for-air-quipt-home-medical-stock-growth-hurdles-recovery-potential-hold-for-now)
6. "Quipt Home Medical Corp. to Announce Fiscal First Quarter 2025 Financial Results on February 10, 2025," GlobeNewswire - [GlobeNewswire](https://www.globenewswire.com/news-release/2025/01/30/3017919/0/en/Quipt-Home-Medical-Corp-to-Announce-Fiscal-First-Quarter-2025-Financial-Results-on-February-10-2025.html)
