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Viemed Healthcare, Inc. (T:VMD)

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
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 fiscal year ended 31 December 2023, Viemed Healthcare Inc revenues increased 32% to $183M. Net income increased 65% to $10.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Basic Earnings per Share excluding Extraordinary Items increased from $0.16 to $0.27.
Employees: 996 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $302.08M as of Dec 31, 2023
Annual revenue (TTM): $183.01M as of Dec 31, 2023
EBITDA (TTM): $36.87M as of Dec 31, 2023
Net annual income (TTM): $10.24M as of Dec 31, 2023
Free cash flow (TTM): $19.12M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 38,756,636 as of Feb 9, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization