"Our mission is to improve quality of life through routine and affordable chiropractic care." We are a rapidly growing franchisor and operator of chiropractic clinics that uses a private pay, non-insurance, cash-based model. We seek to be the leading provider of chiropractic care in the markets we serve and to become the most recognized brand in our industry. We delivered over 14.7 million patient visits in 2024, up from 13.6 million patient visits in 2023, generating over $530.3 million and $488 million of system-wide sales, respectively, across our highly franchised network. We will continue the rapid and franchise focused expansion of chiropractic clinics in key markets throughout North America and potentially abroad. We strive to accomplish our mission by making quality care readily available and affordable in a retail setting.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 1.4M | 52M | 47M | 101M | 80M | 59M |
| Net Income | -799K | -5.8M | -9.8M | 627K | 7.6M | 13M |
| EPS | $-0.05 | $-0.38 | $-0.65 | $0.04 | $0.51 | $0.90 |
| Free Cash Flow | 1.6M | 8.2M | 9.7M | 2.3M | 6.9M | 8.0M |
| ROIC | 2.5% | -7.2% | -44.8% | 3.3% | 70.6% | 1896.8% |
| Gross Margin | - | 77.9% | 77.7% | 90.9% | 90.4% | 88.9% |
| Debt/Equity | 0.00 | 3.03 | 2.52 | 0.00 | 0.00 | 0.01 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 2.2M | -1.9M | 1.4M | 828K | 6.1M | 5.5M |
| Operating Margin | 151.2% | -3.6% | 3.1% | 0.8% | 7.7% | 9.4% |
| ROE | -3.5% | -25.5% | -39.4% | 1.9% | 25.0% | 62.3% |
| Shares Outstanding | 15M | 15M | 15M | 16M | 15M | 15M |
JOINT Corp passes 2 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 80.8x vs a median of 28.7x. The company's 5-year average ROIC is 5.5% with a gross margin of 85.2%. At current prices, the estimated annualized return to fair value is +2.0%.
JOINT Corp (JYNT) has a 5-year average return on invested capital (ROIC) of 5.5%. This is below average and may indicate limited pricing power.
JOINT Corp (JYNT) has a market capitalization of $132M. It is classified as a small-cap stock.
JOINT Corp (JYNT) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.01%.
JOINT Corp (JYNT) operates in the Patent Owners & Lessors industry, within the Financials sector.
JOINT Corp (JYNT) reported annual revenue of $52 million in its most recent fiscal year, based on SEC EDGAR filings.
JOINT Corp (JYNT) has a net profit margin of -11.1%. The company is currently unprofitable.
JOINT Corp (JYNT) generated $8 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
JOINT Corp (JYNT) has a debt-to-equity ratio of 3.03. This indicates higher leverage, which may increase financial risk.
JOINT Corp (JYNT) reported earnings per share (EPS) of $-0.38 in its most recent fiscal year.
JOINT Corp (JYNT) has a return on equity (ROE) of -25.5%. A negative ROE may indicate losses or negative equity.
JOINT Corp (JYNT) has a 5-year average gross margin of 85.2%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 10 years of financial data for JOINT Corp (JYNT), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
JOINT Corp (JYNT) has a book value per share of $1.35, based on its most recent annual SEC filing.