Joint Corp
NASDAQ:JYNT
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Joint Corp
The Joint Corp. engages in the development, ownership, operation, support, and management of chiropractic clinics. The company is headquartered in Scottsdale, Arizona and currently employs 316 full-time employees. The company went IPO on 2014-11-11. Its segments include Corporate Clinics and Franchise Operations. Corporate Clinics segment is comprised of the operating activities of the Company-owned or managed clinics. The firm operates or manages approximately 96 clinics under this segment. Franchise Operations segment is comprised of the operating activities of the franchise business unit. The franchise system consists of approximately 610 clinics in operation. The company offers a range of membership and wellness packages. The company offers its patients the opportunity to visit its clinics without an appointment and receive prompt attention. Each patient's records are digitally updated for ready retrieval in its data storage system by its chiropractors in compliance with various applicable medical records security and privacy regulations.
The Joint Corp. engages in the development, ownership, operation, support, and management of chiropractic clinics. The company is headquartered in Scottsdale, Arizona and currently employs 316 full-time employees. The company went IPO on 2014-11-11. Its segments include Corporate Clinics and Franchise Operations. Corporate Clinics segment is comprised of the operating activities of the Company-owned or managed clinics. The firm operates or manages approximately 96 clinics under this segment. Franchise Operations segment is comprised of the operating activities of the franchise business unit. The franchise system consists of approximately 610 clinics in operation. The company offers a range of membership and wellness packages. The company offers its patients the opportunity to visit its clinics without an appointment and receive prompt attention. Each patient's records are digitally updated for ready retrieval in its data storage system by its chiropractors in compliance with various applicable medical records security and privacy regulations.
Revenue Growth: Revenue rose 6% year-over-year to $13.4 million, mainly due to more franchise clinics.
Profitability: Adjusted EBITDA improved 36%, reflecting cost reductions and operational improvements.
Comps & Sales: System-wide sales fell 1.5% and same-store sales (comps) declined 2%, prompting a cut to full-year sales guidance.
Guidance Revision: Full-year 2025 system-wide sales and comp sales guidance were lowered; adjusted EBITDA and new clinic opening guidance remain unchanged.
Franchising Shift: Progress continues toward becoming a 100% franchisor, with an agreement to sell 45 corporate clinics and negotiations ongoing for 33 more.
Marketing Strategy: Shifted marketing focus to pain relief and launched a national campaign, reallocating local ad spend nationally.
Pricing Plan: Testing price increases on recurring plans with three pilot tiers across 200 clinics, with a broader rollout planned for Q1 2026 if successful.
Technology Investments: Launched a new patient app, seeing strong early adoption and positive patient feedback.