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Side-by-side financial comparison of INNEOVA Holdings Ltd (INEO) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.

Quipt Home Medical Corp. is the larger business by last-quarter revenue ($49.0M vs $30.8M, roughly 1.6× INNEOVA Holdings Ltd). INNEOVA Holdings Ltd runs the higher net margin — 0.8% vs -2.1%, a 2.9% gap on every dollar of revenue. Quipt Home Medical Corp. produced more free cash flow last quarter ($6.9M vs $-1.5M).

Quipt Home Medical Corp is a U.S.-based home medical equipment provider specializing in respiratory care, sleep therapy supplies, and chronic disease management products. It serves patients with long-term health conditions, partners with healthcare providers and insurance payers across operating regions to deliver accessible in-home medical solutions.

INEO vs QIPT — Head-to-Head

Bigger by revenue
QIPT
QIPT
1.6× larger
QIPT
$49.0M
$30.8M
INEO
Higher net margin
INEO
INEO
2.9% more per $
INEO
0.8%
-2.1%
QIPT
More free cash flow
QIPT
QIPT
$8.3M more FCF
QIPT
$6.9M
$-1.5M
INEO

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
INEO
INEO
QIPT
QIPT
Revenue
$30.8M
$49.0M
Net Profit
$243.0K
$-1.1M
Gross Margin
19.3%
53.5%
Operating Margin
3.6%
2.1%
Net Margin
0.8%
-2.1%
Revenue YoY
32.3%
Net Profit YoY
2.9%
EPS (diluted)
$0.02
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
INEO
INEO
QIPT
QIPT
Q4 25
$49.0M
Q3 25
$39.8M
Q2 25
$30.8M
$35.1M
Q1 25
$33.3M
Q4 24
$37.1M
Net Profit
INEO
INEO
QIPT
QIPT
Q4 25
$-1.1M
Q3 25
$-3.5M
Q2 25
$243.0K
$-3.0M
Q1 25
$-3.0M
Q4 24
$-1.1M
Gross Margin
INEO
INEO
QIPT
QIPT
Q4 25
53.5%
Q3 25
48.7%
Q2 25
19.3%
57.6%
Q1 25
54.6%
Q4 24
52.1%
Operating Margin
INEO
INEO
QIPT
QIPT
Q4 25
2.1%
Q3 25
-3.6%
Q2 25
3.6%
-5.2%
Q1 25
-3.0%
Q4 24
1.2%
Net Margin
INEO
INEO
QIPT
QIPT
Q4 25
-2.1%
Q3 25
-8.9%
Q2 25
0.8%
-8.6%
Q1 25
-9.1%
Q4 24
-2.9%
EPS (diluted)
INEO
INEO
QIPT
QIPT
Q4 25
$-0.02
Q3 25
$-0.07
Q2 25
$0.02
$-0.07
Q1 25
$-0.07
Q4 24
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
INEO
INEO
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$2.1M
$10.5M
Total DebtLower is stronger
$2.9M
$84.0M
Stockholders' EquityBook value
$11.2M
$113.0M
Total Assets
$52.6M
$280.7M
Debt / EquityLower = less leverage
0.26×
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INEO
INEO
QIPT
QIPT
Q4 25
$10.5M
Q3 25
$12.9M
Q2 25
$2.1M
$11.3M
Q1 25
$17.1M
Q4 24
$15.5M
Total Debt
INEO
INEO
QIPT
QIPT
Q4 25
$84.0M
Q3 25
$87.6M
Q2 25
$2.9M
$66.0M
Q1 25
$71.5M
Q4 24
$70.6M
Stockholders' Equity
INEO
INEO
QIPT
QIPT
Q4 25
$113.0M
Q3 25
$112.1M
Q2 25
$11.2M
$102.5M
Q1 25
$103.6M
Q4 24
$106.3M
Total Assets
INEO
INEO
QIPT
QIPT
Q4 25
$280.7M
Q3 25
$283.3M
Q2 25
$52.6M
$236.1M
Q1 25
$244.6M
Q4 24
$242.8M
Debt / Equity
INEO
INEO
QIPT
QIPT
Q4 25
0.74×
Q3 25
0.78×
Q2 25
0.26×
0.64×
Q1 25
0.69×
Q4 24
0.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
INEO
INEO
QIPT
QIPT
Operating Cash FlowLast quarter
$-301.0K
$8.9M
Free Cash FlowOCF − Capex
$-1.5M
$6.9M
FCF MarginFCF / Revenue
-4.8%
14.0%
Capex IntensityCapex / Revenue
3.8%
4.2%
Cash ConversionOCF / Net Profit
-1.24×
TTM Free Cash FlowTrailing 4 quarters
$26.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INEO
INEO
QIPT
QIPT
Q4 25
$8.9M
Q3 25
$9.8M
Q2 25
$-301.0K
$9.7M
Q1 25
$8.9M
Q4 24
$9.3M
Free Cash Flow
INEO
INEO
QIPT
QIPT
Q4 25
$6.9M
Q3 25
$8.0M
Q2 25
$-1.5M
$4.4M
Q1 25
$7.3M
Q4 24
$5.6M
FCF Margin
INEO
INEO
QIPT
QIPT
Q4 25
14.0%
Q3 25
20.0%
Q2 25
-4.8%
12.6%
Q1 25
22.0%
Q4 24
15.2%
Capex Intensity
INEO
INEO
QIPT
QIPT
Q4 25
4.2%
Q3 25
4.6%
Q2 25
3.8%
14.9%
Q1 25
4.8%
Q4 24
9.9%
Cash Conversion
INEO
INEO
QIPT
QIPT
Q4 25
Q3 25
Q2 25
-1.24×
Q1 25
Q4 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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