earnings
confidence high
sentiment negative
materiality 0.75
The Joint Corp. Q1 revenue $22.4M (+28% YoY); net loss $206K; adj. EBITDA $1.8M; updates guidance
JOINT Corp
2022-Q1 EPS reported
-$0.01
revenue$22,438,538
- Revenue $22.4M, up 28% YoY; system-wide sales $98.8M (+27%); comp sales +15%.
- Net loss $206K ($0.01/sh) vs net income $2.3M ($0.16 diluted) in Q1 2021.
- Adjusted EBITDA $1.8M, down from $3.5M; operating loss $176K vs profit $2.0M.
- Opened 31 clinics (27 franchised, 4 greenfield) – record Q1; total clinics 736.
- Guidance updated: FY rev $98-102M; adj. EBITDA $12-14M; 110-130 franchised openings.