The Joint Corp. (NASDAQ:JYNT) Q4 2022 Earnings Call Transcript

And that is not in any way, private fee units operate in five states, and that is not in any way private equity backed. The second one would be 40 units. And that that is again an investor or very successful businessman that is not in any way related to private equity, that after that you’ll see a pretty big drop in what, the number of units are be next. Biggest one is, I don’t know, half a dozen, nine. If you look at that total number, we have probably a little under three units per franchisee. We have roughly around 230 franchises that are operating that 712 units.

Operator: Thank you. This concludes the question-and-answer session. I’d like to turn the conference back over to Mr. Peter Holt for closing remarks.

Peter Holt: Thank you, Nick. Before I close, I’d like to note that we’ll be at the Roth Annual Conference next week, participating in the fireside chat as well, conducting one-on-one meetings. Now I’m going to share with you a few comments from patients. Now, as you may know, we each December we run our end of year promotion, enabling patients to extend their membership by paying for a full year at a discounted rate. And several of our long-term patients recently wrote in a social media Martha notes. My daughter introduced me to The Joint when I was visiting her in Texas a few years ago. I found one close to me at the beginning of 2020, and I’ve not looked back since. On my first visit, the doctor evened up my legs and even got my hips back in alignment.

No other chiropractor that I’ve ever seen has done that for me. I was having a lot of hip pain before that, so I thank you. They added, I’ve been with The Joint chiropractic since 2020, traveling around the United States and getting chiropractic care in different locations each time I received incredible service from the knowledgeable chiropractors that cared about their work and their clients. I always recommend a joint to those I know who can greatly benefit from adjustments. Thank you and stay well adjusted.

Operator: Thank you. Conference has now concluded. Thank you for attending presentation. You may now disconnect.