NASDAQ$JYNT

The Joint Corp · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

The Joint Corp. reported first quarter results with revenue growth driven by an increased number of clinics and higher gross sales at both franchised and company-owned clinics.

The Joint Corp. reported a revenue of $13.6 million, a net income of $815,000, and system-wide sales growth of 24%. The company opened 17 clinics and sold 24 franchise licenses during the quarter.

  • Revenue increased to $13.6 million compared to $10.7 million in the first quarter of 2019.
  • Net income was $815,000, or $0.06 per diluted share, compared to $953,000, or $0.07 per diluted share in the first quarter of 2019.
  • The company increased gross system-wide sales and grew revenue.
  • The company opened 17 clinics and sold 24 franchise licenses during the first quarter of 2020.

Headline financials

Total Revenue

$13.6M

Previous: $10.7M+27.8%
EPS (adj)

$0.06

Previous: $0.07-14.3%
System-wide Sales Growth

24.0%

No prior period
Comp Sales Growth

15.0%

No prior period
Capital Expenditures

-$1.26M

Previous: -$526K-139.8%
Free Cash Flow

-$446K

Previous: $427K-204.6%
Net Income

$815K

Previous: $953K-14.5%
Operating Income

$753K

Previous: $1.05M-28.2%
Gross Profit

$12.2M

Previous: $9.47M+28.3%
Cash & Equivalents

$10.7M

Previous: $8.09M+32.5%
Total Assets

$46.4M

Previous: $33.9M+36.8%
Stock-Based Comp

$250K

Previous: $172K+45.8%

Revenue & EPS history

The Joint · Revenue · Quarterly

$13.6M

Q1 2020+27.8%vs Q1 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Given the uncertainties of the potential impact from the COVID-19 pandemic, the company withdrew 2020 financial and clinic opening guidance. The Company is not providing an update at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+1.5%

Avg return

Earnings day

+3.3%

Avg return

5 days after

+3.8%

Avg return

30 days after

53%

25 / 47 earnings

Positive

+26.0%

Q1 2024

Best reaction

-42.3%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.5%-2.2%-6.0%
Q4 2025+2.0%+1.9%+6.3%
Q3 2025-3.9%+4.6%+6.1%
Q1 2025-5.0%-5.2%+14.1%
Q4 2024+4.6%+17.9%-1.3%
Q3 2024-2.8%-1.7%-3.1%
Q2 2024-5.1%-3.6%-8.7%
Q1 2024+26.0%+26.1%+17.4%
Q4 2023+25.7%+29.8%+34.8%
Q3 2023+1.3%+4.6%+15.1%
Q2 2023+1.8%-0.2%-14.6%
Q1 2023-3.1%-2.2%-11.2%
Q4 2022+2.3%+1.4%-1.2%
Q3 2022-4.6%-3.3%+1.6%
Q2 2022+15.2%+7.8%-9.6%
Q1 2022-42.3%-43.6%-46.2%
Q4 2021-9.9%-20.8%-24.7%
Q3 2021+5.8%+8.6%-21.8%
Q2 2021+18.9%+17.8%+22.0%
Q1 2021-4.5%-6.8%+28.2%
Q4 2020-10.0%-14.9%-7.0%
Q3 2020+7.1%+28.5%+35.2%
Q2 2020+13.5%+15.1%+23.7%
Q1 2020+9.9%+8.8%+35.6%
Q4 2019-3.0%-10.8%-42.2%
Q3 2019-3.6%-10.3%-13.1%
Q2 2019-0.1%+0.0%-6.2%
Q1 2019+8.7%+4.4%-7.2%
Q4 2018+12.6%+21.5%+42.4%
Q3 2018+3.8%+5.5%+0.5%
Q2 2018+8.5%+3.9%+2.8%
Q1 2018-3.0%+1.8%+1.9%
Q4 2017+8.2%+23.7%+35.9%
Q3 2017+16.2%+23.0%+8.6%
Q2 2017+3.6%+2.7%+34.5%
Q1 2017+7.3%+2.6%-1.3%
Q4 2016-15.3%-11.4%-15.8%
Q3 2016+3.7%+6.1%-6.5%
Q2 2016-0.5%-0.9%+28.9%
Q1 2016-0.0%
Q4 2015-21.5%
Q3 2015-6.1%
Q2 2015+1.3%
Q1 2015+6.2%
Q4 2014+4.0%
Q3 2014-1.6%
Q3 2013-1.6%
Q1 2014
Q4 2013

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