Core Insights - The Joint Corp. reported a 7% increase in revenue from continuing operations, reaching $13.1 million in Q1 2025 compared to $12.2 million in Q1 2024, driven by a greater number of franchised clinics [7][8] - System-wide sales increased by 5% to $132.6 million, indicating economic resilience [8] - The company experienced a net loss from continuing operations of $506,000, compared to a loss of $399,000 in the same quarter of the previous year [11] Financial Performance - Adjusted EBITDA for continuing operations was $46,394, down from $424,708 in Q1 2024 [12][37] - Selling and marketing expenses rose to $3.5 million from $2.2 million in Q1 2024, reflecting the costs associated with transitioning to a new marketing team [8][10] - The cost of revenue increased to $3.0 million from $2.7 million, attributed to higher regional developer royalties and commissions [7] Operational Highlights - The company sold 9 franchise licenses in Q1 2025, a decrease from 15 in Q1 2024, due to the refranchising process [9] - Five new franchised clinics were opened, while two corporate clinics were refranchised and one was closed, bringing the total clinic count to 969 [9] - The company aims to enhance its digital marketing and patient experience to drive growth in new clinic openings and system-wide sales [5] Guidance and Future Outlook - The company expects system-wide sales to be between $550 million and $570 million for 2025, compared to $530.3 million in 2024 [19] - Comp sales for clinics open for 13 months or more are projected to be in the mid-single digits, up from 4% in 2024 [19] - Consolidated Adjusted EBITDA is anticipated to be between $10.0 million and $11.5 million, compared to $11.4 million in 2024 [19]

Core Insights - The Joint Corp. is strengthening its leadership team to enhance company core, reignite growth, and improve profitability [1] Leadership Appointments - Andra J. Terrell has been appointed as Senior Vice President Legal, bringing 20 years of experience in franchising legal matters, compliance strategy, and complex transactions [2][5] - Eric Wyatt has been appointed as Senior Vice President Operations and Patient Experience, with over 30 years of experience in franchise operations and general management [4][5] Company Overview - The Joint Corp. is the largest provider of chiropractic care in the U.S., operating over 950 locations and achieving more than 14 million patient visits annually [7] - The company has been recognized in various rankings, including Franchise Times' "Top 400" and "Fast & Serious" lists, and was named "No. 1 in Chiropractic Services" by Entrepreneur [7] Business Structure - The Joint Corp. operates as a franchisor of clinics and provides management services to affiliated chiropractic practices in several states [8]

Company Overview - The Joint Corp. is the largest franchisor of chiropractic care in the United States, operating through The Joint Chiropractic network [5] - The company has over 950 locations nationwide and facilitates more than 14 million patient visits annually [5] - The Joint Corp. has revolutionized access to chiropractic care with a retail healthcare business model introduced in 2010, making quality care convenient and affordable without the need for insurance [5] Industry Context - Arthritis affects over 50 million Americans, with nearly 26 million unable to perform everyday activities due to the condition [1] - Chiropractic care is suggested as a natural method to support long-term joint health and may help reduce inflammation and improve joint function [2][3] - Chronic pain from arthritis can significantly impact mobility and overall well-being, and chiropractic adjustments may alleviate discomfort without prescription medications [3] Treatment and Lifestyle Recommendations - Regular chiropractic adjustments can enhance mobility and manage arthritis-related symptoms effectively [2][3] - Lifestyle changes, such as light exercise, cold therapy, and proper nutrition, are recommended to support joint function and reduce chronic pain [3] Recognition and Achievements - The Joint Corp. is consistently recognized in various industry rankings, including Franchise Times' "Top 400" and "Fast & Serious" lists, and has been named "No. 1 in Chiropractic Services" by Entrepreneur [5] - The company was also listed among the "Top 50 Franchises" in 2024 by SUCCESS [5] Business Structure - The Joint Corp. operates as a franchisor and manages clinics in several states, providing management services to affiliated chiropractic practices [6]

Core Insights - The Joint Corp. has been recognized as one of the 150 fastest-growing franchises by Entrepreneur magazine, ranking No. 37, and has been placed in The 10+ Club for 13 consecutive years [1][2] Company Overview - The Joint Corp. is the largest provider of chiropractic care in the U.S. through The Joint Chiropractic network, operating over 950 locations and facilitating more than 14 million patient visits annually [4] - The company revolutionized access to chiropractic care with its retail healthcare business model introduced in 2010, focusing on convenient and affordable care without the need for insurance [4] Business Model and Services - The Joint Chiropractic offers a no-appointments, no-insurance hassle model, providing affordable chiropractic care with accommodating hours, including evenings and weekends [3] - The company operates as a franchisor of clinics and also manages clinics in certain states, providing management services to affiliated professional chiropractic practices [5] Recognition and Achievements - The Joint has consistently been recognized in various rankings, including being named "No. 1 in Chiropractic Services" by Entrepreneur and appearing on Franchise Times' annual "Top 400" and "Fast & Serious" lists [4] - The fastest-growing ranking is based on net total new franchise units added in the U.S. and Canada from July 2023 to July 2024, with ties broken based on percentage growth [3]

Group 1 - Northwestern Health Sciences University (NWHSU) announced the creation of a major endowed scholarship by The Joint Corp., the largest franchisor of chiropractic care in the U.S. [1][6] - The scholarship aims to support chiropractic students and future healthcare leaders, with the first award expected in winter 2026 [4][2]. - The endowment will generate over $6,000 annually for scholarships, contributing to NWHSU's goal of increasing student affordability [4][3]. Group 2 - The Joint Corp. operates over 950 chiropractic clinics nationwide and has more than 14 million patient visits annually, positioning itself as a leader in the chiropractic industry [6][5]. - The company has been recognized in various rankings, including being named "No. 1 in Chiropractic Services" by Entrepreneur and listed among the "Top 50 Franchises" by SUCCESS [6][5]. - The Joint's business model focuses on making chiropractic care convenient and affordable, eliminating the need for insurance [6][7].