•
Dec 31, 2021
The Joint Q4 2021 Earnings Report
The Joint Corp. reported preliminary Q4 2021 financial results, growing revenue compared to Q4 2020.
Key Takeaways
The Joint Corp. reported a revenue of $22.4 million for Q4 2021, compared to $17.0 million in Q4 2020. Net income was $224,000, or $0.01 per diluted share, compared to $10.6 million, or $0.72 per diluted share, in the fourth quarter of 2020.
Revenue was $22.4 million in the fourth quarter of 2021, compared to $17.0 million in the fourth quarter of 2020.
Cost of revenue was $2.4 million, compared to $1.9 million in the fourth quarter of 2020.
Operating income was $663,000, compared to $2.8 million in the fourth quarter of 2020.
Net income was $224,000, compared to $10.6 million in the fourth quarter of 2020.
The Joint
The Joint
Forward Guidance
Management provided 2022 guidance for revenue, Adjusted EBITDA, and clinic openings.