The Joint (JYNT)
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The Joint (JYNT) - 2023 Q4 - Earnings Call Presentation
2024-03-08 13:35
业绩总结 - 2023年第四季度公司营收为30.6亿美元,较2022年增长11%[11] - 2023财年总收入为117.7百万美元,较2022年增长16%[13] - 2023年净亏损为9.8百万美元,较2022年净收入下降[13] 用户数据 - 2023年治疗的独特患者数量为1.7百万人,较2022年的1.6百万人有所增加[4] - 2023年新增患者数量为932千人,较2022年的845千人有所增加[4] 未来展望 - 2024年系统销售额预期为530至545百万美元,较2023年实际销售额增长[14] - 2024年新特许诊所开设预期为60至75家[14] 新产品和新技术研发 - 大部分公司诊所采取转让特许经营策略,以提高价值、集中布局,并通过销售框架实现价值最大化[7] 市场扩张和并购 - 2023年新增的连锁诊所数量为935家,其中55家为特许经营,75家为授权销售[6] - 2023年销售的特许经营许可证数量为283个,处于活跃开发阶段的诊所数量为1248家[8] 负面信息 - 2023年公司运营亏损为0.1亿美元,较2022年净收入下降,主要受到税收费用影响[11]
The Joint (JYNT) - 2023 Q4 - Earnings Call Transcript
2024-03-08 11:17
财务数据和关键指标变化 - 2023年全年系统销售额增长12%至4.88亿美元,2023年第四季度系统销售额增长11%至1.331亿美元 [15][34] - 2023年全年收入增长16%至1.177亿美元,2023年第四季度收入增长11%至3,060万美元 [16][34] - 2023年全年调整后EBITDA增长6%至1,220万美元,2023年第四季度调整后EBITDA为400万美元,与2022年同期持平 [16][41] - 2023年12月31日现金余额为1,820万美元,较2022年12月31日的970万美元增加 [45] 各条业务线数据和关键指标变化 - 2023年全年新增114家门店,其中104家特许经营和10家自营,2022年新增137家门店 [17] - 2023年关闭13家特许经营和4家自营门店,占总门店数不到2% [17] - 2023年12月31日,公司共有935家门店,其中800家特许经营和135家自营,特许经营占比86% [17][18] 各个市场数据和关键指标变化 - 2023年全年13个月以上门店同店销售增长4% [15][43] - 2023年全年48个月以上成熟门店同店销售下降1% [43] - 2023年第四季度13个月以上门店同店销售增长5%,48个月以上成熟门店同店销售下降1% [34] 公司战略和发展方向及行业竞争 - 公司正在执行重新特许经营的战略,计划在未来一年内将大部分自营门店转让给现有特许经营商 [20][21][51] - 公司将重点关注提高新患者转化率、增加新患者数量和降低患者流失率 [26][53][54] - 公司将加强营销力度,调整媒体组合、增加营销投放、开发新的促销活动和提升现有患者参与度 [28][29][30][31][32] - 公司将继续优化医生招聘和留存,提升患者体验,提高门店经营效率和盈利能力 [53][54][55] 管理层对经营环境和未来前景的评论 - 2023年经营环境仍存在不确定性,但公司通过提高营销效率、优化门店组合等措施实现了增长 [11][12] - 2024年公司将继续专注于提高新患者数量、延长患者参与时间和重新吸引流失患者,以提升整体业绩 [53][54][55] - 由于重新特许经营的不确定性,公司未来收入和利润的具体指引难以预测,但预计通过减少自营门店将有助于提高整体盈利能力 [47][48][49][50][51] 问答环节重要的提问和回答 问题1 **George Kelly 提问** 询问重新特许经营的进展和时间表 [59][60] **Peter Holt 回答** 公司正在与现有特许经营商和其他潜在买家洽谈,预计2024年和2025年将完成大部分交易 [61][62][63] 问题2 **Ryan Meyers 提问** 询问成熟门店同店销售下降的原因 [68] **Jake Singleton 回答** 随着市场饱和,需要更多关注新患者获取和现有患者留存,公司正在采取相应的营销措施应对 [69][70] 问题3 **Jeff Van Sinderen 提问** 询问2024年新特许经营店数的预期 [75][76][77] **Peter Holt 回答** 由于重新特许经营的影响,新特许经营店数预计会低于2023年,但具体数字公司暂不指引 [76][77]
The Joint Corp. (JYNT) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-03-08 08:55
The Joint Corp. (JYNT) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced a loss of $0.05, delivering a surprise of -225%.Over the last four quarters, the company ha ...
The Joint Corp. Reports Fourth Quarter and Year-end 2023 Financial Results
Newsfilter· 2024-03-08 05:20
- Grew 2023 Revenue 16%, System-wide Sales 12%, and System-wide Comp Sales 4% vs. 2022 - - Increased Clinic Count to 935 at Year-end 2023, Initiating Refranchising Program - SCOTTSDALE, Ariz., March 07, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), a national operator, manager, and franchisor of chiropractic clinics, reported its financial results for the quarter and year ended December 31, 2023. Financial Highlights: Q4 2023 Compared to Q4 2022 Grew revenue 11% to $30.6 million.Recorded net los ...
The Joint (JYNT) - 2023 Q4 - Annual Report
2024-03-08 00:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission File Number: 001-36724 The Joint Corp. (Exact name of registrant as specified in its charter) Delaware 90-0544160 (State or Other Jurisdiction ...
The Joint (JYNT) - 2023 Q4 - Annual Results
2024-03-07 00:00
EXHIBIT 99.1 The Joint Corp. Reports Fourth Quarter and Year-end 2023 Financial Results - Grew 2023 Revenue 16%, System-wide Sales 12%, and System-wide Comp Sales 4% vs. 2022 - - Increased Clinic Count to 935 at Year-end 2023, Initiating Refranchising Program - SCOTTSDALE, Ariz., March 07, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT), a national operator, manager, and franchisor of chiropractic clinics, reported its financial results for the quarter and year ended December 31, 2023. Financial Hig ...
The Joint (JYNT) to Report Q4 Earnings: Here Are the Key Drivers
Zacks Investment Research· 2024-03-06 02:06
The Joint Corp. (JYNT) is set to report its fourth-quarter 2023 results on Mar 7, after the closing bell. It is expected to have witnessed increased clinic count and patient visits in the December quarter.Earnings Surprise HistoryThe Joint’s earnings beat the consensus estimate once in the prior four quarters and missed thrice, with the average surprise being 112.2%. This is depicted in the graph below:In the last reported quarter, the franchisor of chiropractic clinics reported adjusted operating loss per ...
The Joint Corp. to Participate in the 36th Annual Roth Conference
Newsfilter· 2024-03-04 20:05
SCOTTSDALE, Ariz., March 04, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ:JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, announced that management is scheduled to attend the 36th Annual Roth Conference on March 17th – 19th. The conference is being held at The Ritz Carlton in Dana Point, CA. President and Chief Executive Officer Peter Holt and Chief Financial Officer Jake Singleton will participate in a fireside chat with analyst George Kelly on Tuesday ...
The Joint Corp. to Host Conference Call on Thursday, March 7th to Discuss Fourth Quarter and Year-end 2023 Results
GlobeNewsWire· 2024-02-22 20:05
公司财务发布 - The Joint Corp. (NASDAQ: JYNT)将于2024年3月7日发布2023年第四季度和年度财务结果[1] - 总裁兼首席执行官Peter D. Holt和首席财务官Jake Singleton将于当天下午5:00举行电话会议讨论结果[2] - 可以通过拨打电话号码(833) 630-0823或(412) 317-1831参与直播电话会议[3] - 可以在https://ir.thejoint.com/events访问电话会议的网络直播和幻灯片演示[4]
The Joint Corp. to Host Conference Call on Thursday, March 7th to Discuss Fourth Quarter and Year-end 2023 Results
Newsfilter· 2024-02-22 20:05
公司财务发布 - The Joint Corp. (NASDAQ: JYNT)将于2024年3月7日发布2023年第四季度和年度财务结果[1] - 总裁兼首席执行官Peter D. Holt和首席财务官Jake Singleton将于当天下午5:00举行电话会议讨论结果[2] - 参与者可通过拨打电话号码(833) 630-0823或(412) 317-1831参加电话会议[3] - 可在IR事件部分https://ir.thejoint.com/events中访问电话会议的现场网络直播和幻灯片演示[4]