The Joint Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.9M | $-5.8M | $-9.8M | $626.7K | $7.6M | $13.2M | $3.3M | $146.7K |
| Depreciation & Amortization | $1.7M | $4.7M | $8.6M | $6.6M | $3.9M | $2.7M | $1.9M | $1.6M |
| Depreciation | $1.6M | $1.4M | $1.3M | $4.1M | $2.3M | $1.2M | $823.7K | $1.0M |
| Amortization | — | — | $3.4M | $2.5M | $1.5M | $1.5M | $1.1M | $506.3K |
| Stock-Based Compensation | $1.3M | $1.7M | $1.7M | $1.3M | $1.1M | $886.0K | $720.7K | $628.4K |
| Net Cash from Operating Activities | $1.8M | $9.4M | $14.7M | $8.2M | $13.8M | $11.2M | $7.5M | $5.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.5M | $1.2M | $5.0M | $5.9M | $7.0M | $3.2M | $3.5M | $1.1M |
| Business Acquisitions | — | $0 | $1.2M | — | $5.8M | $534.0K | $3.1M | $100.0K |
| Net Cash from Investing Activities | $6.3M | $-631.5K | $-6.2M | $-17.9M | $-12.8M | $-4.6M | $-7.1M | $-1.2M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $11.3M | $0 | $3.8K | $5.8K | $707.7K | $32.1K | $20.2K | $4.8K |
| Net Cash from Financing Activities | $-9.8M | $-2.0M | $174.1K | $328.6K | $-2.0M | $5.6M | $-597.0K | $326.3K |
| Net Change in Cash | $-1.7M | $6.8M | $8.7M | $-9.4M | $-907.3K | $12.2M | $-213.1K | $4.5M |
| Free Cash Flow | $334.7K | $8.2M | $9.7M | $2.3M | $6.9M | $8.0M | $4.0M | $4.3M |