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. 


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

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

The Joint Financials

The Joint's revenue was reported to be $20.52 m in FY, 2016 which is a 48.3% increase from the previous period.
USD

Revenue (Q2, 2017)

6 m

Gross profit (Q2, 2017)

5.2 m

Gross profit margin (Q2, 2017), %

87.2%

EBIT (Q2, 2017)

(984.5 k)

Market capitalization (5-Feb-2018)

68 m

Cash (3-Feb-2018)

3 m
The Joint's current market capitalization is $68 m.
Annual
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
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

1.8 m2.5 m3.4 m4.1 m4.3 m5 m5.5 m5.7 m6 m

Cost of goods sold

585.8 k545.3 k791.8 k745.5 k740 k727.7 k718.8 k742.1 k770.2 k

Gross profit

1.2 m2 m2.6 m3.4 m3.5 m4.2 m4.8 m4.9 m5.2 m

Gross profit Margin, %

68%78%77%82%83%85%87%87%87%
Annual
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
Quarterly
USDQ3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

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

Accounts Receivable

333.2 k458.9 k605.9 k1.6 m1.8 m1.9 m1.2 m1.1 m

Current Assets

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

PP&E

794.4 k2.7 m3.6 m8 m8.2 m7.5 m4.4 m4.1 m
Annual
USDFY, 2014FY, 2015FY, 2016

Net Income

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

Depreciation and Amortization

210.1 k1.3 m2.6 m

Inventories

(352.2 k)9.9 k(133.5 k)

Accounts Payable

1 m(291.5 k)(953.1 k)
Quarterly
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 Payable

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

Financial Leverage

3.5 x
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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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