Joint Corp - Understand $jynt stock

$JYNT Market Cap: $175.3 Million

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Financial Snapshot

Revenue

$120.8M

TTM

Gross Margin

90.7%

TTM

Net Earnings

-$16.86M

TTM

Current Assets

$55.17M

Q3 2024

Current Liabilities

$38.29M

Q3 2024

Current Ratio

144.09%

Q3 2024

Total Assets

$79.60M

Q3 2024

Total Liabilities

$59.12M

Q3 2024

Book Value

$20.48M

Q3 2024

Cash

$20.74M

Q3 2024

P/E

-10.40

Nov 29, 2024 EST

Free Cash Flow

$6.600M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$117.7M	$101.9M	$80.86M	$58.68M	$48.45M	$36.66M	$24.92M	$20.52M	$13.84M	$7.117M	$5.960M	$2.780M
YoY Change	15.49%	26.03%	37.79%	21.12%	32.16%	47.13%	21.41%	48.34%	94.41%	19.41%	114.39%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$117.7M	$101.9M	$80.86M	$58.68M	$48.45M	$36.66M	$24.92M	$20.52M	$13.84M	$7.117M	$5.960M	$2.780M
Cost Of Revenue	$10.55M	$9.830M	$8.514M	$6.507M	$5.566M	$4.310M	$3.224M	$2.940M	$2.820M	$2.346M	$2.010M	$1.090M
Gross Profit	$107.1M	$92.08M	$72.35M	$52.18M	$42.88M	$32.35M	$21.69M	$17.58M	$11.02M	$4.771M	$3.950M	$1.690M
Gross Profit Margin	91.04%	90.35%	89.47%	88.91%	88.51%	88.24%	87.06%	85.68%	79.62%	67.04%	66.28%	60.79%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$106.6M	$89.59M	$66.97M	$46.73M	$39.36M	$31.61M	$24.61M	$29.07M	$20.33M	$6.398M	$3.440M	$2.990M
YoY Change	18.97%	33.79%	43.29%	18.75%	24.49%	28.47%	-15.35%	42.98%	217.81%	85.98%	15.05%
% of Gross Profit	99.48%	97.3%	92.56%	89.57%	91.77%	97.72%	113.44%	165.33%	184.58%	134.1%	87.09%	176.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.582M	$7.644M	$6.089M	$2.734M	$1.899M	$1.556M	$2.017M	$2.566M	$1.269M	$210.1K	$70.00K	$50.00K
YoY Change	12.27%	25.54%	122.67%	43.98%	22.06%	-22.87%	-21.39%	102.22%	503.91%	200.18%	40.0%
% of Gross Profit	8.01%	8.3%	8.42%	5.24%	4.43%	4.81%	9.3%	14.59%	11.52%	4.4%	1.77%	2.96%
Operating Expenses	$106.6M	$89.59M	$66.97M	$46.73M	$39.36M	$31.61M	$24.61M	$29.07M	$20.33M	$6.398M	$3.510M	$3.040M
YoY Change	18.97%	33.79%	43.29%	18.75%	24.49%	28.47%	-15.35%	42.98%	217.81%	82.27%	15.46%
Operating Profit	-$2.073M	$2.077M	$5.352M	$5.492M	$3.415M	$143.0K	-$3.332M	-$15.01M	-$9.316M	-$1.627M	$440.0K	-$1.350M
YoY Change	-199.82%	-61.2%	-2.54%	60.84%	2287.86%	-104.29%	-77.8%	61.09%	472.72%	-469.71%	-132.59%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$3.170K	-$4.520K	-$9.010K	-$10.00K	-$10.00K
YoY Change	-29.87%	-49.83%	-9.9%	0.0%
% of Operating Profit		-0.22%	-0.17%	-0.18%	-0.29%
Other Income/Expense, Net	$3.712M	-$133.1K	-$69.88K	-$79.48K	-$42.22K	-$33.59K	-$64.46K	$13.30K	$283.3K	-$64.08K	-$30.00K	$40.00K
YoY Change	-2888.74%	90.48%	-12.08%	88.26%	25.67%	-47.88%	-584.81%	-95.31%	-542.09%	113.58%	-175.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$1.639M	$1.944M	$5.283M	$5.413M	$3.372M	$109.0K	-$3.397M	-$15.01M	-$9.033M	-$1.691M	$410.0K	-$1.310M
YoY Change	-15.69%	-63.2%	-2.4%	60.5%	2993.96%	-103.21%	-77.37%	66.16%	434.26%	-512.39%	-131.3%
Income Tax	$11.39M	$766.5K	-$1.293M	-$7.755M	$48.71K	-$37.70K	$35.88K	$164.4K	-$235.9K	$1.340M	$250.0K	-$570.0K
% Of Pretax Income	695.1%	39.43%	-24.48%	-143.27%	1.44%	-34.59%					60.98%
Net Earnings	-$9.752M	$1.177M	$6.576M	$13.17M	$3.324M	$146.7K	-$3.432M	-$15.17M	-$8.797M	-$3.031M	$160.0K	-$740.0K
YoY Change	-928.39%	-82.1%	-50.06%	296.16%	2165.71%	-104.27%	-77.38%	72.48%	190.22%	-1994.51%	-121.62%
Net Earnings / Revenue	-8.29%	1.16%	8.13%	22.44%	6.86%	0.4%	-13.77%	-73.93%	-63.59%	-42.59%	2.68%	-26.62%
Basic Earnings Per Share	-$0.66	$0.08	$0.46	$0.94	$0.24	$0.01	-$0.26
Diluted Earnings Per Share	-$0.65	$0.08	$0.44	$0.90	$0.23	$0.01	-$0.26	-$1.194M	-$876.5K	-$556.0K	$17.45K	-$80.70K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$18.15M	$9.745M	$19.53M	$20.55M	$8.460M	$8.720M	$4.220M	$3.010M	$16.79M	$20.80M	$3.520M	$3.570M
YoY Change	86.29%	-50.09%	-4.98%	142.91%	-2.98%	106.64%	40.2%	-82.07%	-19.28%	490.91%	-1.4%
Cash & Equivalents	$18.15M	$9.745M	$19.53M	$20.55M	$8.460M	$8.720M	$4.220M	$3.010M	$16.79M	$20.80M	$3.520M	$3.570M
Short-Term Investments
Other Short-Term Assets	$22.46M	$3.958M	$3.663M	$2.730M	$2.070M	$1.630M	$1.140M	$1.580M	$1.360M	$1.230M	$1.720M	$2.400M
YoY Change	467.57%	8.06%	34.16%	31.88%	26.99%	42.98%	-27.85%	16.18%	10.57%	-28.49%	-28.33%
Inventory
Prepaid Expenses
Receivables	$3.719M	$3.911M	$3.701M	$1.850M	$2.650M	$810.0K	$1.140M	$1.020M	$740.0K	$700.0K	$390.0K	$110.0K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$120.0K	$150.0K	$170.0K	$80.00K	$140.0K	$430.0K	$30.00K	$10.00K
Total Short-Term Assets	$44.34M	$17.61M	$26.89M	$25.13M	$13.30M	$11.30M	$6.670M	$5.700M	$19.03M	$23.15M	$5.660M	$6.080M
YoY Change	151.7%	-34.49%	7.0%	88.95%	17.7%	69.42%	17.02%	-70.05%	-17.8%	309.01%	-6.91%
Property, Plant & Equipment	$23.46M	$38.06M	$32.81M	$20.33M	$19.07M	$3.660M	$3.800M	$4.720M	$7.140M	$1.130M	$400.0K	$230.0K
YoY Change	-38.37%	15.99%	61.41%	6.61%	421.04%	-3.68%	-19.49%	-33.89%	531.86%	182.5%	73.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$6.984M	$14.91M	$15.26M	$12.78M	$3.960M	$3.480M	$2.940M	$1.540M	$2.170M	$3.370M	$3.630M	$2.690M
YoY Change	-53.15%	-2.33%	19.42%	222.73%	13.79%	18.37%	90.91%	-29.03%	-35.61%	-7.16%	34.94%
Total Long-Term Assets	$42.82M	$74.33M	$58.56M	$40.60M	$30.41M	$12.13M	$11.77M	$11.35M	$14.33M	$5.320M	$4.110M	$3.020M
YoY Change	-42.4%	26.92%	44.25%	33.51%	150.7%	3.06%	3.7%	-20.8%	169.36%	29.44%	36.09%
Total Assets	$87.15M	$91.94M	$85.45M	$65.73M	$43.71M	$23.43M	$18.44M	$17.05M	$33.36M	$28.47M	$9.770M	$9.100M
YoY Change
Accounts Payable	$1.625M	$2.967M	$1.706M	$1.560M	$1.530M	$1.250M	$1.070M	$1.050M	$2.000M	$1.180M	$230.0K	$100.0K
YoY Change	-45.22%	73.94%	9.33%	1.96%	22.4%	16.82%	1.9%	-47.5%	69.49%	413.04%	130.0%
Accrued Expenses	$9.205M	$8.396M	$10.33M	$6.460M	$5.370M	$2.300M	$950.0K	$1.050M	$1.870M	$710.0K	$130.0K	$70.00K
YoY Change	9.64%	-18.72%	59.9%	20.3%	133.48%	142.11%	-9.52%	-43.85%	163.38%	446.15%	85.71%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$25.49K	$24.43K	$49.86K	$2.800M	$20.00K	$1.100M	$100.0K	$330.0K	$450.0K	$0.00
YoY Change	4.34%	-51.0%	-98.22%	13900.0%	-98.18%	1000.0%	-69.7%	-26.67%
Total Short-Term Liabilities	$33.57M	$23.12M	$21.44M	$18.69M	$13.57M	$10.27M	$5.380M	$5.860M	$7.490M	$4.180M	$3.590M	$3.430M
YoY Change	45.22%	7.84%	14.71%	37.73%	32.13%	90.89%	-8.19%	-21.76%	79.19%	16.43%	4.66%
Long-Term Debt	$2.038M	$2.064M	$2.088M	$2.130M	$30.00K	$0.00	$1.000M	$0.00	$130.0K	$0.00	$0.00	$0.00
YoY Change	-1.24%	-1.17%	-1.97%	7000.0%		-100.0%		-100.0%
Other Long-Term Liabilities	$26.77M	$34.36M	$32.36M	$24.16M	$24.29M	$12.35M	$10.77M	$4.140M	$5.070M	$8.670M	$7.400M	$6.800M
YoY Change	-22.1%	6.19%	33.93%	-0.54%	96.68%	14.67%	160.14%	-18.34%	-41.52%	17.16%	8.82%
Total Long-Term Liabilities	$28.80M	$36.42M	$34.45M	$26.29M	$24.32M	$12.35M	$11.77M	$4.140M	$5.200M	$8.670M	$7.400M	$6.800M
YoY Change	-20.92%	5.74%	31.02%	8.1%	96.92%	4.93%	184.3%	-20.38%	-40.02%	17.16%	8.82%
Total Liabilities	$62.40M	$59.57M	$55.91M	$44.98M	$37.99M	$22.70M	$17.28M	$10.13M	$12.68M	$12.84M	$10.99M	$10.24M
YoY Change	4.76%	6.54%	24.3%	18.4%	67.36%	31.37%	70.58%	-20.11%	-1.25%	16.83%	7.32%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	14.69M shares	14.49M shares	14.32M shares	14.00M shares	13.82M shares	13.67M shares	13.25M	12.70M	10.04M	5.452M
Diluted Shares Outstanding	14.94M shares	14.87M shares	14.94M shares	14.58M shares	14.47M shares	14.03M shares	13.25M	12.70M	10.04M	5.452M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $175.31 Million

About JOINT Corp

The Joint Corp. engages in the development, ownership, operation, support, and management of chiropractic clinics. The company is headquartered in Scottsdale, Arizona and currently employs 444 full-time employees. The company went IPO on 2014-11-11. The firm operates through two segments: Corporate Clinics and Franchise Operations. The Corporate Clinics segment is comprised of the operating activities of the Company-owned or managed clinics. The firm operates or manages approximately 135 clinics under this segment. The Franchise Operations segment is comprised of the operating activities of the franchise business unit. The franchise system consists of approximately 800 clinics in operation. The company offers a range of membership and wellness packages. The company offers its patients the opportunity to visit its clinics without an appointment and receive prompt attention. Each patient's records are digitally updated for ready retrieval in its data storage system by its chiropractors in compliance with various applicable medical records security and privacy regulations.

Industry: Patent Owners & Lessors Peers: AlerisLife Inc. Brookdale Senior Living Inc. SONIDA SENIOR LIVING, INC. HCA Healthcare, Inc. COMMUNITY HEALTH SYSTEMS INC Oncology Institute, Inc. HQDA ELDERLY LIFE NETWORK CORP. HANGER, INC. Pennant Group, Inc.