Overview
Joint Q2 2025 revenue rises to $13.3 million, up 5% compared to Q2 2024.
Adjusted EBITDA rises 52% to $3.2 mln, reflecting operational improvements
Co refranchised 37 clinics, acquired Northwest regional developer territory
Outlook
Company revises 2025 system-wide sales forecast to $530 mln-$550 mln
New franchised clinic openings expected to be 30-35 in 2025
Result Drivers
REFRANCHISING STRATEGY - Refranchised 37 clinics, increasing franchised clinics to 92% of portfolio
REGIONAL EXPANSION - Acquired Northwest regional developer territory for $2.8 mln
MARKETING SHIFT - Pivoting marketing strategy towards pain relief to enhance brand campaign
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$13.30 mln
Q2 Adjusted EBITDA
$3.20 mln
Press Release: ID:nGNX6rQgsv
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)