The Joint

OverviewSuggest Edit

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. 

TypePublic
Founded1999
HQScottsdale, USMap
Websitethejoint.com
Employee Ratings3.5More
View Jobs (347)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)150(+9%)
Job Openings347
Revenue (FY, 2019)$48.5 M(+93%)
Share Price (Sept 2020)$16.6 (-1%)
Cybersecurity ratingDMore

Key People/Management at The Joint

Matthew E. Rubel

Matthew E. Rubel

Lead Director
Jorge Armenteros

Jorge Armenteros

Vice President of Operations
Ronald V. Davella

Ronald V. Davella

Director
Jason Greenwood

Jason Greenwood

Vice President of Marketing
Suzanne M. Decker

Suzanne M. Decker

Director
Amy Karroum

Amy Karroum

Vice President of Human Resources
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The Joint Office Locations

The Joint has an office in Scottsdale
Scottsdale, US (HQ)
16767 N Perimeter Dr #110
Show all (1)

The Joint Financials and Metrics

The Joint Revenue

The Joint's revenue was reported to be $48.45 m in FY, 2019
USD

Revenue (Q1, 2020)

13.6m

Gross profit (Q1, 2020)

12.2m

Gross profit margin (Q1, 2020), %

89.1%

Net income (Q1, 2020)

814.9k

EBIT (Q1, 2020)

753.4k

Market capitalization (22-Sept-2020)

233.1m

Closing stock price (22-Sept-2020)

16.6

Cash (31-Mar-2020)

10.7m

EV

238.9m
The Joint's current market capitalization is $233.1 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2019

Revenue

7.1m13.8m20.5m25.2m48.5m

Revenue growth, %

94%48%23%

Cost of goods sold

2.2m2.8m2.9m3.3m5.6m

Gross profit

4.9m11.0m17.6m21.9m42.9m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2019Q3, 2019Q1, 2020

Revenue

1.8m2.5m3.4m4.1m4.3m5.0m5.5m5.7m6.0m6.5m11.2m12.7m13.6m

Cost of goods sold

585.8k545.3k791.8k745.5k740.0k727.7k718.8k742.1k770.2k819.2k1.3m1.4m1.5m

Gross profit

1.2m2.0m2.6m3.4m3.5m4.2m4.8m4.9m5.2m5.7m9.9m11.3m12.2m

Gross profit Margin, %

68%78%77%82%83%85%87%87%87%87%88%89%89%
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Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

20.8m16.8m3.0m4.2m8.7m8.5m

Accounts Receivable

704.9k743.2k1.0m1.1m1.2m2.6m

Prepaid Expenses

542.3k882.0k1.1m

Inventories

375.9k366.0k499.5k
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

2.4m17.1m12.6m9.5m10.4m6.1m3.4m2.7m3.0m2.6m4.0m4.6m5.6m8.1m9.5m7.8m10.7m

Accounts Receivable

333.2k775.7k458.9k605.9k1.6m1.8m1.9m1.2m1.1m1.3m1.0m1.2m1.2m1.1m1.0m1.3m1.8m

Prepaid Expenses

69.0k80.3k97.2k151.8k445.0k359.7k891.9k893.5k557.2k604.8k733.5k702.2k830.6k887.7k1.1m1.1m

Current Assets

5.5m19.5m14.5m11.6m13.6m9.5m7.4m5.8m5.6m5.4m6.6m7.2m8.4m10.9m12.4m11.3m14.8m
show all
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(3.0m)(8.8m)(15.2m)(3.3m)253.1k3.3m

Depreciation and Amortization

210.1k1.3m2.6m2.0m1.6m1.9m

Inventories

(352.2k)9.9k(133.5k)

Accounts Payable

1.0m(291.5k)(953.1k)(36.8k)63.6k75.9k
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

(464.0k)(1.9m)(3.8m)(5.4m)(3.5m)(6.8m)(9.4m)(1.6m)(2.7m)(3.1m)(386.9k)(429.7k)(581.5k)952.6k1.4m2.0m814.9k

Depreciation and Amortization

141.7k122.6k401.1k822.5k575.5k1.2m1.9m578.0k1.1m1.6m387.4k792.4k1.2m365.7k770.1k1.3m654.2k

Accounts Payable

450.5k304.2k180.7k164.9k(1.2m)(1.1m)(1.2m)34.2k(83.6k)(336.5k)(133.0k)(384.5k)(225.8k)(276.1k)(154.5k)223.2k(80.7k)

Cash From Operating Activities

(114.4k)(1.3m)(2.5m)(4.0m)(5.8m)(8.1m)(10.3m)(1.3m)(734.7k)(1.4m)(33.1k)613.2k1.9m459.5k2.8m4.7m1.5m
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USDQ3, 2014

Financial Leverage

-6 x
Show all financial metrics

The Joint Operating Metrics

FY, 2014FY, 2015FY, 2016

Clinics

246 312 370

Patient Visits

2.17 m3.20 m4.10 m
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The Joint Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

Learn more about about our premium products
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The Joint Revenue Breakdown

Embed Graph

The Joint revenue breakdown by business segment: 41.7% from Corporate Clinics and 58.3% from Franchise Operations

The Joint Online and Social Media Presence

The Joint's Trends

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The Joint News and Updates

August 13, 2020

The Joint Chiropractic Gives Over $1.7 Million Worth of Free Chiropractic Care to New Patients in June

SCOTTSDALE, Ariz., Aug. 13, 2020 /PRNewswire/ -- As part of its commitment to get Americans moving, The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, delivered more than $1.7 million worth of free chiropractic care...
July 01, 2020

Newly Wed Or Thinking Maybe? How About The Joint Finances.

Couples are now exchanging virtual vows with face masks via zoom, mini/micro weddings, and at least one groom reportedly holding a can of disinfectant.
June 05, 2020

The Joint Commission releases Quick Safety on promoting psychosocial well-being of health care staff during crisis

Stressors such as insufficient personal protective equipment (PPE), fears of infection, feelings of isolation from family, and harassment from the community for enforcing strict infection prevention measures are creating strains on health care workers, which can interfere with providing adequate pat…
June 02, 2020

The Joint Chiropractic Pledges Free New Patient Visits in June Worth About $1 Million to Help Americans Get Moving

SCOTTSDALE, Ariz., June 2, 2020 /PRNewswire/ -- The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, wants to help get America moving by offering a free initial visit to all new patients throughout the month of June,...
May 27, 2020

The Joint Commission To Resume Hospital Inspections After Pandemic Hiatus

The Joint Commission is set to resume its surveys of health facilities in June as hospitals and health systems re-open to visitors and begin to return hospital operations to a new normal.
March 05, 2020

Dealing With Disease: The Joint Responsibility Of Science And Technology

As both the science and technology industries continue on their never-ending path of evolution, they promise even better methods for identifying, managing and preventing pandemics on a global scale.
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 The Joint Frequently Asked Questions

  • When was The Joint founded?

    The Joint was founded in 1999.

  • Who are The Joint key executives?

    The Joint's key executives are Matthew E. Rubel, Jorge Armenteros and Ronald V. Davella.

  • How many employees does The Joint have?

    The Joint has 150 employees.

  • What is The Joint revenue?

    Latest The Joint annual revenue is $48.5 m.

  • What is The Joint revenue per employee?

    Latest The Joint revenue per employee is $323 k.

  • Who are The Joint competitors?

    Competitors of The Joint include Hope Dialysis Center, ActiveOne and My FootDr.

  • Where is The Joint headquarters?

    The Joint headquarters is located at 16767 N Perimeter Dr #110, Scottsdale.

  • Where are The Joint offices?

    The Joint has an office in Scottsdale.

  • How many offices does The Joint have?

    The Joint has 1 office.