NASDAQ$JYNT

The Joint Corp · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

The Joint Corp. achieved record financial results, growing revenue, system-wide sales, and system-wide comp sales, and reported increased operating income.

The Joint Corp. reported record second-quarter financial results, with significant growth in revenue, system-wide sales, and operating income. The company also raised all elements of its guidance for the year.

  • Revenue increased by 61% compared to Q2 2020.
  • System-wide sales grew by 64% compared to Q2 2020.
  • System-wide comp sales increased by 53% compared to Q2 2020.
  • Operating income rose by 687% compared to Q2 2020.

Headline financials

Total Revenue

$20.2M

Previous: $12.6M+60.6%
EPS (adj)

$0.18

Previous: $0.01+1700.0%
System-wide Sales Growth

64.0%

No prior period
Capital Expenditures

-$3.24M

Previous: -$1.99M-63.1%
Free Cash Flow

-$555K

Previous: -$1.87M+70.3%
Net Income

$2.68M

Previous: $116K+2222.1%
Operating Income

$2.03M

Previous: $259K+686.7%
Gross Profit

$18.2M

Previous: $11.2M+62.0%
Cash & Equivalents

$18.5M

Previous: $14.6M+27.1%
Total Assets

$78.1M

Previous: $49.6M+57.4%
Stock-Based Comp

$284K

Previous: $216K+31.2%

Revenue & EPS history

The Joint · Revenue · Quarterly

$20.2M

Q2 2021+60.6%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

Due to strong second quarter 2021 revenues, as well as increased franchise openings and greenfield activity, management raised all elements of its 2021 financial guidance.

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 Q2 2021

Historical avgQ2 2021

+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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