The Joint Corp.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Revenue | $24.9M | $20.5M | $13.8M | $7.1M | $6.0M |
| Cost of Revenue | $3.2M | $2.9M | $2.8M | $2.3M | $2.0M |
| Gross Profit | $21.7M | $17.6M | $11.0M | $4.8M | $4.0M |
| Gross Margin | 87.1% | 85.7% | 79.6% | 67.0% | 66.3% |
| Operating Expenses | |||||
| Research & Development | — | — | — | — | — |
| SG&A Expense | $24.6M | $29.1M | $20.3M | $6.4M | $3.5M |
| Operating Income | $-3.3M | $-15.0M | $-9.3M | $-1.6M | $439.8K |
| Operating Margin | -13.4% | -73.1% | -67.3% | -22.9% | 7.4% |
| Interest Expense | — | — | — | — | — |
| Pretax Income | $-3.4M | $-15.0M | $-9.0M | $-1.7M | $407.8K |
| Income Tax Expense | $35.9K | $164.4K | $-235.9K | $1.3M | $252.2K |
| Net Income | $-3.4M | $-15.2M | $-8.8M | $-3.0M | $155.6K |
| Net Margin | -13.8% | -73.9% | -63.6% | -42.6% | 2.6% |
| EPS (Basic) | $-0.26 | $-1.20 | $-0.88 | $-0.56 | $0.03 |
| EPS (Diluted) | $-0.26 | $-1.20 | $-0.88 | $-0.56 | $0.02 |
| Shares Outstanding (Basic) | 13.2M | 12.7M | 10.0M | 5.5M | 5.3M |
| Shares Outstanding (Diluted) | 13.2M | 12.7M | 10.0M | 5.5M | 6.7M |
| Dividends Per Share | — | — | — | — | — |