The Joint

The Joint was founded in Tucson in 1999 by Dr. Fred Gerretzen, whose vision was to turn the traditional and often misunderstood concept of routine chiropractic care into a simple and affordable reality. Today, The Joint delivers on that vision, with convenient locations nationwide whose shared purpose is to improve our patients' quality of life through routine and affordable chiropractic care.
Our mission is to improve quality of life through routine and affordable chiropractic care. That's why we built a nationwide network of modern, comfortable chiropractic locations staffed with experienced, licensed chiropractors. Our membership plans are designed to make chiropractic care accessible, and our no-insurance-necessary approach to chiropractic care is revolutionizing the way people receive health care— putting the relationship back where it belongs, between you and your doctor.

Company Growth (employees)
Scottsdale, US
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)
240 16767 N Perimeter Dr

The Joint Data and Metrics

The Joint Financial Metrics

The Joint's revenue was reported to be $20.5 m in FY, 2016 which is a 48% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

20.5 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

17.6 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(15.2 m)

EBIT (FY, 2016)

(15 m)

Market capitalization (22-Jun-2017)

45.5 m

Closing share price (22-Jun-2017)


Cash (31-Dec-2016)

3 m
The Joint's current market capitalization is $45.5 m.
FY, 2014FY, 2015FY, 2016


7.1 m13.8 m20.5 m

Revenue growth, %


Cost of goods sold

2.2 m2.8 m2.9 m

Gross profit

4.9 m11 m17.6 m

Gross profit Margin, %


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


(9.3 m)(15 m)

EBIT margin, %


Income tax expense

235.9 k(164.4 k)

Net Income

(3 m)(8.8 m)(15.2 m)
FY, 2014FY, 2015FY, 2016


20.8 m16.8 m3 m

Accounts Receivable

704.9 k743.2 k1 m


375.9 k366 k499.5 k

Current Assets

23.4 m19 m5.7 m


1.1 m7.1 m4.7 m


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

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
FY, 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)


(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
Y, 2016

Financial Leverage

2.5 x

The Joint Operating Metrics

FY, 2014FY, 2015FY, 2016



Patient Visits

2.17 m3.2 m4.1 m

The Joint Market Value History

The Joint Revenue Breakdown

The Joint Online and Social Media Presence

The Joint News and Updates

The Joint Company Life and Culture

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