The Joint revenue breakdown by business segment: 58.3% from Franchise Operations and 41.7% from Corporate Clinics
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|
Revenue | 7.1m | 13.8m | 20.5m | 25.2m |
Revenue growth, % | 94% | 48% | ||
Cost of goods sold | 2.2m | 2.8m | 2.9m | 3.3m |
Gross profit | 4.9m | 11.0m | 17.6m | 21.9m |
Gross profit Margin, % | 68% | 80% | 86% | 87% |
Sales and marketing expense | 1.2m | |||
General and administrative expense | 5.1m | 15.4m | 22.1m | 18.1m |
Operating expense total | 6.3m | 18.2m | 26.5m | 18.1m |
Depreciation and amortization | 210.1k | 1.3m | 2.6m | 2.0m |
EBIT | (9.3m) | (15.0m) | (3.2m) | |
EBIT margin, % | (67%) | (73%) | (13%) | |
Pre tax profit | (15.0m) | (3.2m) | ||
Income tax expense | 235.9k | (164.4k) | (35.9k) | |
Net Income | (3.0m) | (8.8m) | (15.2m) |
USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.8m | 2.5m | 3.4m | 4.1m | 4.3m | 5.0m | 5.5m | 5.7m | 6.0m | 6.5m |
Cost of goods sold | 585.8k | 545.3k | 791.8k | 745.5k | 740.0k | 727.7k | 718.8k | 742.1k | 770.2k | 819.2k |
Gross profit | 1.2m | 2.0m | 2.6m | 3.4m | 3.5m | 4.2m | 4.8m | 4.9m | 5.2m | 5.7m |
Gross profit Margin, % | 68% | 78% | 77% | 82% | 83% | 85% | 87% | 87% | 87% | 87% |
General and administrative expense | 1.2m | 2.8m | 3.4m | 4.3m | 5.7m | 5.6m | 5.4m | 4.6m | 4.7m | 4.5m |
Operating expense total | 1.2m | 2.8m | 3.4m | 4.3m | 5.7m | 5.6m | 5.4m | 4.6m | 4.7m | 4.5m |
Depreciation and amortization | 278.5k | 421.4k | 575.5k | 637.1k | 695.6k | 578.0k | 503.2k | 468.8k | ||
EBIT | (310.8k) | (1.9m) | (1.8m) | (2.1m) | (3.5m) | (3.2m) | (2.6m) | (1.6m) | (984.5k) | (377.6k) |
EBIT margin, % | (17%) | (76%) | (54%) | (50%) | (82%) | (64%) | (48%) | (28%) | (16%) | (6%) |
Pre tax profit | (1.9m) | (3.5m) | (3.2m) | (2.6m) | (1.6m) | (1.0m) | (367.7k) | |||
Income tax expense | 163.1k | (6.1k) | (44.4k) | (73.5k) | (14.3k) | (40.6k) | (2.6k) | (36.1k) | ||
Net Income | (202.4k) | (1.9m) |
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|
Cash | 20.8m | 16.8m | 3.0m | 4.2m |
Accounts Receivable | 704.9k | 743.2k | 1.0m | 1.1m |
Inventories | 375.9k | 366.0k | 499.5k | |
Current Assets | 23.4m | 19.0m | 5.7m | 6.7m |
PP&E | 1.1m | 7.1m | 4.7m | 3.8m |
Goodwill | 677.2k | 2.5m | 2.8m | 2.9m |
Total Assets | 28.6m | 33.4m | 17.1m | 16.9m |
Accounts Payable | 1.3m | 2.0m | 1.1m | 1.1m |
Current Liabilities | 4.3m | 7.5m | 5.9m | 5.0m |
Total Liabilities | 10.1m | 12.0m | ||
Additional Paid-in Capital | 21.4m | 35.3m | 36.4m | 37.2m |
Retained Earnings | (5.0m) | (13.8m) | (29.0m) | (32.3m) |
Total Equity | 15.6m | 20.7m | 6.9m | 4.9m |
Financial Leverage | 1.8 x | 1.6 x | 2.5 x | 3.5 x |
USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|
Net Income | (3.0m) | (8.8m) | (15.2m) | (3.3m) |
Depreciation and Amortization | 210.1k | 1.3m | 2.6m | 2.0m |
Accounts Receivable | (369.5k) | (100.0k) | (999.5k) | (124.1k) |
Inventories | (352.2k) | 9.9k | (133.5k) | |
Accounts Payable | 1.0m | (291.5k) | (953.1k) | (36.8k) |
Cash From Operating Activities | (437.4k) | (6.8m) | (10.8m) | 156.4k |
Purchases of PP&E | (659.3k) | (4.1m) | (1.6m) | (449.2k) |
Cash From Investing Activities | (2.1m) | (10.0m) | (2.7m) | (372.9k) |
Cash From Financing Activities | 19.8m | 12.8m | (239.9k) | 1.4m |
Income Taxes Paid | 420.3k |
USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (202.4k) | (1.9m) | (3.8m) | (5.4m) | (3.5m) | (6.8m) | (9.4m) | (1.6m) | (2.7m) | (3.1m) | (386.9k) | (429.7k) | (581.5k) |
Depreciation and Amortization | 52.8k | 122.6k | 401.1k | 822.5k | 575.5k | 1.2m | 1.9m | 578.0k | 1.1m | 1.6m | 387.4k | 792.4k | 1.2m |
Accounts Receivable | 333.2k | 241.6k | 94.7k | (902.2k) | (1.1m) | (1.1m) | (214.9k) | (161.3k) | (303.6k) | 90.8k | 104.9k | (59.9k) | |
Accounts Payable | 677.3k | 180.7k | 164.9k | (1.2m) | (1.1m) | (1.2m) | 34.2k | (83.6k) | (336.5k) | (133.0k) | (384.5k) | (225.8k) | |
Cash From Operating Activities | (2.5m) | (4.0m) | (5.8m) | (8.1m) | (10.3m) | (1.3m) | (734.7k) | (1.4m) | (33.1k) | 613.2k | 1.9m | ||
Purchases of PP&E | (485.3k) | (1.5m) | (287.9k) | (1.3m) | (1.5m) | (39.3k) | (106.3k) | (190.6k) | (183.7k) | (370.8k) | (531.2k) | ||
Cash From Investing Activities | (5.6m) | (7.2m) | (545.7k) | (2.5m) | (2.6m) | (29.3k) | (80.4k) | (150.7k) | (142.3k) | (366.9k) | (698.8k) | ||
Cash From Financing Activities | (25.0k) | (110.0k) | (119.9k) | (152.9k) | (454.3k) | 952.8k | 852.0k | 1.2m | 23.3k | 141.6k | 286.7k | ||
Interest Paid | 135.0 | 1.4k |
USD | Y, 2018 |
---|---|
Financial Leverage | 14.8 x |
FY, 2014 | FY, 2015 | FY, 2016 | |
---|---|---|---|
Clinics | 246 | 312 | 370 |
Patient Visits | 2.17 m | 3.20 m | 4.10 m |