earnings
confidence high
sentiment neutral
materiality 0.75
Joint Corp. Q4 revenue $22.4M (+32% YoY); net income $224K; guides FY22 rev $102-106M
JOINT Corp
2021-FY EPS reported
$0.44
revenue$80,859,653
- Full-year 2021 revenue $81.2M (+38% YoY); system-wide sales $361.1M (+39%).
- Net income $7.2M for 2021 vs. $13.2M in 2020; Adjusted EBITDA $13.3M vs. $9.1M.
- Opened 130 clinics in 2021 (110 franchised, 20 greenfield); total 706 clinics at year-end.
- Q4 net income $224K ($0.01 diluted EPS) vs. $10.6M ($0.72) in Q4 2020, which included $8.9M tax benefit.
- Guides 2022 revenue $102-106M, Adjusted EBITDA $15-17M, and 160-180 total new clinics.