QIPT - Quipt's Recent Announcements Signal Good Times Ahead

• QIPT shares started 2021 strong, but likely dipped due to multiple headwinds, including a warrant overhang and possible tax-loss selling.
• Two recent announcements should bode well for the stock as we enter the new year, with the distinct possibility that QIPT will be added to the Russell 2000 in June.
• QIPT’s AEBITDA guidance run rate means the stock is valued at roughly 5x forward EBITDA, with plenty of additional revenue growth opportunities and the prospect of expanding margins still ahead.
• While investors have previously been cautious due to the possibility of a capital raise to fund accretive acquisitions, the recent extension of their line of credit from $20M to $100M signals the company is prepared to use cheap debt instead.
• Based on my valuation metrics, I believe the stock could rally as much as 90% higher in the next six months, with the possibility of 230% returns over the next three years, with little downside risk.

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