The Joint

The Joint is reinventing chiropractic care by making quality healthcare affordable for patients seeking pain relief and ongoing wellness. Its network consists of modern, consumer friendly chiropractic clinics and individually selected Doctors of Chiropractic that deliver quality pain relief and preventative care to the highest standards. The Company's membership plans are designed to make chiropractic care accessible, and its no-insurance-necessary approach to chiropractic care is revolutionizing the way people receive health care - putting the relationship back where it belongs, between people and their doctors. 


Company Growth (employees)
Type
Public
HQ
Scottsdale, US
Founded
1999
Size (employees)
104 (est)
The Joint was founded in 1999 and is headquartered in Scottsdale, US

The Joint Office Locations

The Joint has an office in Scottsdale
Scottsdale, US (HQ)
16767 N Perimeter Dr, Suite 240

The Joint Data and Metrics

The Joint Financial Metrics

The Joint's revenue was reported to be $5.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

5.7 m

Gross profit (Q1, 2017)

4.9 m

Gross profit margin (Q1, 2017), %

87%

EBIT (Q1, 2017)

(1.6 m)

Market capitalization (15-Aug-2017)

49.2 m

Cash (31-Mar-2017)

2.7 m
The Joint's current market capitalization is $49.2 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

7.1 m13.8 m20.5 m

Revenue growth, %

94%48%

Cost of goods sold

2.2 m2.8 m2.9 m

Gross profit

4.9 m11 m17.6 m

Gross profit Margin, %

68%80%86%

Sales and marketing expense

1.2 m2.8 m4.4 m

General and administrative expense

5.1 m15.4 m22.1 m

Operating expense total

6.5 m20.3 m29.1 m

Depreciation and amortization

210.1 k1.3 m2.6 m

EBIT

(9.3 m)(15 m)

EBIT margin, %

(67%)(73%)

Income tax expense

235.9 k(164.4 k)

Net Income

(3 m)(8.8 m)(15.2 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.8 m2.5 m3.4 m4.1 m4.3 m5 m5.5 m5.7 m

Cost of goods sold

585.8 k545.3 k791.8 k745.5 k740 k727.7 k718.8 k742.1 k

Gross profit

1.2 m2 m2.6 m3.4 m3.5 m4.2 m4.8 m4.9 m

Gross profit Margin, %

68%78%77%82%83%85%87%87%

General and administrative expense

1.2 m2.8 m3.4 m4.3 m5.7 m5.6 m5.4 m4.6 m

Operating expense total

1.2 m2.8 m3.4 m4.3 m5.7 m5.6 m5.4 m4.6 m

EBIT

(310.8 k)(1.9 m)(1.8 m)(2.1 m)(3.5 m)(3.2 m)(2.6 m)(1.6 m)

EBIT margin, %

(17%)(76%)(54%)(50%)(82%)(64%)(48%)(28%)

Income tax expense

163.1 k(6.1 k)(44.4 k)(73.5 k)(14.3 k)(40.6 k)

Net Income

(202.4 k)(1.9 m)
USDFY, 2014FY, 2015FY, 2016

Cash

20.8 m16.8 m3 m

Accounts Receivable

704.9 k743.2 k1 m

Inventories

375.9 k366 k499.5 k

Current Assets

23.4 m19 m5.7 m

PP&E

1.1 m7.1 m4.7 m

Goodwill

677.2 k2.5 m2.8 m

Total Assets

28.6 m33.4 m17.1 m

Accounts Payable

1.3 m2 m1.1 m

Current Liabilities

4.3 m7.5 m5.9 m

Total Liabilities

10.1 m

Additional Paid-in Capital

21.4 m35.3 m36.4 m

Retained Earnings

(5 m)(13.8 m)(29 m)

Total Equity

15.6 m20.7 m6.9 m

Financial Leverage

1.8 x1.6 x2.5 x
USDQ3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

2.4 m12.6 m9.5 m10.4 m6.1 m3.4 m2.7 m

Accounts Receivable

333.2 k458.9 k605.9 k1.6 m1.8 m1.9 m1.2 m

Current Assets

5.5 m14.5 m11.6 m13.6 m9.5 m7.4 m5.8 m

PP&E

794.4 k2.7 m3.6 m8 m8.2 m7.5 m4.4 m

Goodwill

2.7 m2.9 m2.5 m2.9 m2.8 m2.8 m

Total Assets

9.8 m24 m22.5 m28.7 m25.3 m22.1 m16.5 m

Accounts Payable

677.3 k1.5 m1.4 m1.6 m1.1 m820.7 k1.1 m

Current Liabilities

4 m5.3 m5.9 m6.2 m5.4 m5.3 m5 m

Additional Paid-in Capital

1.6 m21.7 m22.1 m35.5 m36.1 m36.3 m36.6 m

Retained Earnings

(2.4 m)(8.8 m)(10.4 m)(17.3 m)(20.6 m)(23.2 m)(30.6 m)

Total Equity

(1.6 m)12.2 m10.9 m17.4 m14.7 m12.3 m5.5 m

Financial Leverage

-6 x2 x2.1 x1.7 x1.7 x1.8 x3 x
USDFY, 2014FY, 2015FY, 2016

Net Income

(3 m)(8.8 m)(15.2 m)

Depreciation and Amortization

210.1 k1.3 m2.6 m

Accounts Receivable

(369.5 k)(100 k)(999.5 k)

Inventories

(352.2 k)9.9 k(133.5 k)

Accounts Payable

1 m(291.5 k)(953.1 k)

Cash From Operating Activities

(437.4 k)(6.8 m)(10.8 m)

Purchases of PP&E

(659.3 k)(4.1 m)(1.6 m)

Cash From Investing Activities

(2.1 m)(10 m)(2.7 m)

Cash From Financing Activities

19.8 m12.8 m(239.9 k)

Income Taxes Paid

420.3 k
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(202.4 k)(1.9 m)

Depreciation and Amortization

52.8 k122.6 k278.5 k421.4 k575.5 k637.1 k695.6 k578 k

Accounts Receivable

333.2 k458.9 k605.9 k1.6 m1.8 m1.9 m1.2 m

Accounts Payable

677.3 k1.5 m1.4 m1.6 m1.1 m820.7 k1.1 m
USDY, 2017

Revenue/Employee

54.6 k

Financial Leverage

3 x

The Joint Operating Metrics

FY, 2014FY, 2015FY, 2016

Clinics

246312370

Patient Visits

2.17 m3.2 m4.1 m

The Joint Market Value History

The Joint Revenue Breakdown

Traffic Overview of The Joint

The Joint Online and Social Media Presence

The Joint News and Updates

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 In an effort to further differentiate itself from rival Facebook, Snapchat this morning expanded its ad offerings lineup with three new products that take advantage of its already popular lenses and geofilters. The company is debuting a handful of new products, including World Lenses, Audience Lens…

Sand gets everywhere in this new version of Salome

National Theatre You don’t remember me, you do not know my name, you came to call me Salome.” The opening soliloquy of this production is a neat encapsulation of how this semi-mythical Biblical figure was forgotten for centuries, but later came to be the subject of poetry, paintings, operas and a…

11 books the world's most influential people think you should read

The world's most influential people still make time for a good book. Earlier this year, Facebook asked 62 such people — from Arianna Huffington to Richard Branson to Newt Gingrich — for the books they'd recommend. More than 230 titles came Facebook's way. After some careful tallying, the socia…

The 15 aristocrats who are richer than the Queen

The Queen is undoubtedly rich but there are 15 other aristocrats whose wealth, estates, and assets dwarf hers.  The Queen is the 16th richest member of the titled nobility in Britain and actually only the joint 329th wealthiest person in the UK, according to the Sunday Times…
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The Joint Company Life and Culture

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