IMAC Holdings, Inc. (BACK) 10-Year Financial Performance & Capital Metrics

BACK • • Industrial / General

HealthcareHealthcare FacilitiesRehabilitation & Therapy ServicesOutpatient Therapy Clinics

AboutIMAC Holdings, Inc. owns, manages, and subleases a chain of innovative medical advancements and care regeneration centers in the United States. The company's outpatient medical clinics provide regenerative, orthopedic, and minimally invasive procedures and therapies to patients with sports injuries, ligament and tendon damage, and other related soft tissue conditions, as well as back, knee, and joint pains. It also provides physical therapy and spinal decompression, and chiropractic manipulation. The company owns or manages 15 outpatient medical clinics in Kentucky, Missouri, Tennessee, Illinois, Louisiana, and Florida. IMAC Holdings, Inc. was founded in 2000 and is headquartered in Brentwood, Tennessee.Show more

Revenue $72K -98.6%
EBITDA -$5M -116.1%
Net Income -$9M +4.0%
EPS (Diluted) -7.76 -5.4%
Gross Margin -323.66% -537.1%
EBITDA Margin -7611.5% -15485.7%
Operating Margin -7804.67% -13688.6%
Net Margin -12554.93% -6827.6%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -8.29 +64.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 94 (top 6%)

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 65.7% over 5 years
✗Shares diluted 41.2% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-65.68%

3Y-82.89%

TTM100.46%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-77.89%

EPS CAGR

10Y-

5Y-

3Y-

TTM-42.31%

ROCE

10Y Avg-97.59%

5Y Avg-76.71%

3Y Avg-102.63%

Latest-

Peer Comparison

Outpatient Therapy Clinics

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
USPHU.S. Physical Therapy, Inc.	1.33B	87.70	47.66	11%	5.05%	4.27%	4.93%	0.39
BACKIMAC Holdings, Inc.	461.77K	0.12	-0.02	-98.61%	-426.93%

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	15K	786.02K	6.7M	15.13M	12.84M	14.39M	16.19M	5.2M	72.05K
Revenue Growth %	-	51.4%	7.53%	1.26%	-0.15%	0.12%	0.13%	-0.68%	-0.99%
Cost of Goods Sold+	4.27K	63.22K	933.91K	2.54M	1.62M	1.63M	1.51M	1.35M	305.25K
COGS % of Revenue	0.28%	0.08%	0.14%	0.17%	0.13%	0.11%	0.09%	0.26%	4.24%
Gross Profit+	10.73K	722.81K	5.77M	12.59M	11.21M	12.76M	14.68M	3.85M	-233.2K
Gross Margin %	0.72%	0.92%	0.86%	0.83%	0.87%	0.89%	0.91%	0.74%	-3.24%
Gross Profit Growth %	-	66.34%	6.98%	1.18%	-0.11%	0.14%	0.15%	-0.74%	-1.06%
Operating Expenses+	229.78K	1.64M	9.32M	18.77M	17.68M	22.71M	24.53M	2.54M	5.39M
OpEx % of Revenue	15.32%	2.08%	1.39%	1.24%	1.38%	1.58%	1.52%	0.49%	74.81%
Selling, General & Admin	229.78K	1.57M	8.67M	17.22M	16.38M	21.06M	22.9M	1.47M	2.82M
SG&A % of Revenue	15.32%	2%	1.29%	1.14%	1.28%	1.46%	1.41%	0.28%	39.15%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	65.89K	18.36K	1.55M	1.31M	1.65M	1.63M	1.07M	2.57M
Operating Income+	-219.05K	-915.07K	-3.55M	-6.19M	-6.54M	-9.95M	-7.32M	-2.94M	-5.62M
Operating Margin %	-14.6%	-1.16%	-0.53%	-0.41%	-0.51%	-0.69%	-0.45%	-0.57%	-78.05%
Operating Income Growth %	-	-3.18%	-2.88%	-0.74%	-0.06%	-0.52%	0.26%	0.6%	-0.91%
EBITDA+	0	-849.17K	-2.9M	-4.63M	-4.81M	-8.3M	-5.7M	-2.54M	-5.48M
EBITDA Margin %	-	-1.08%	-0.43%	-0.31%	-0.38%	-0.58%	-0.35%	-0.49%	-76.11%
EBITDA Growth %	-	-	-2.42%	-0.6%	-0.04%	-0.72%	0.31%	0.55%	-1.16%
D&A (Non-Cash Add-back)	219.05K	65.89K	651.07K	1.55M	1.72M	1.65M	1.63M	403.59K	139.18K
EBIT	-397.44K	-889.38K	-3.63M	-6.05M	-4.98M	-10.04M	-11.83M	-6.35M	-5.62M
Net Interest Income+	4	-12.33K	-146.28K	-889.9K	-556.99K	-501.22K	6.69K	-97.81K	-674.51K
Interest Income	4	14.82K	7.54K	7.79K	6.07K	2.88K	9.84K	27.16K	3.47K
Interest Expense	0	27.15K	153.82K	897.69K	563.07K	504.1K	3.15K	124.97K	677.98K
Other Income/Expense	-178.39K	-1.47K	-233.48K	-765.96K	993.86K	-443.89K	-4.51M	-3.53M	-674.51K
Pretax Income+	-397.44K	-916.53K	-3.78M	-6.95M	-5.54M	-10.54M	-11.83M	-6.48M	-6.3M
Pretax Margin %	-26.5%	-1.17%	-0.56%	-0.46%	-0.43%	-0.73%	-0.73%	-1.25%	-87.41%
Income Tax+	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	0.96%	0.06%	0.81%	1%	1%	1%	1.55%	1.45%	1.44%
Net Income+	-380.8K	-57.18K	-3.05M	-6.95M	-5.57M	-10.54M	-18.31M	-9.42M	-9.05M
Net Margin %	-25.39%	-0.07%	-0.46%	-0.46%	-0.43%	-0.73%	-1.13%	-1.81%	-125.55%
Net Income Growth %	-	0.85%	-52.4%	-1.28%	0.2%	-0.89%	-0.74%	0.49%	0.04%
Net Income (Continuing)	-397.44K	-916.53K	-3.78M	-6.95M	-5.54M	-10.54M	-11.83M	-6.48M	-6.3M
Discontinued Operations	0	0	0	0	0	0	-6.48M	-1.71M	-2.75M
Minority Interest	283.36K	-575.99K	-1.63M	-2.08M	-2.62M	0	0	0	0
EPS (Diluted)+	-2.56	-0.38	-12.65	-28.55	-15.11	-14.02	-19.43	-7.36	-7.76
EPS Growth %	-	0.85%	-32.29%	-1.26%	0.47%	0.07%	-0.39%	0.62%	-0.05%
EPS (Basic)	-2.56	-0.38	-12.65	-28.55	-15.11	-14.02	-19.43	-5.82	-7.76
Diluted Shares Outstanding	149.02K	150.4K	241.43K	258.45K	368.34K	751.72K	942.46K	1.11M	1.57M
Basic Shares Outstanding	149.02K	150.4K	241.43K	258.45K	368.34K	751.72K	942.46K	1.62M	1.57M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.6M	708.46K	668.11K	2.58M	4.76M	9.07M	10.83M	1.14M	684.34K
Cash & Short-Term Investments	876.21K	127.79K	194.32K	373.69K	2.62M	7.12M	763.21K	221.51K	504.19K
Cash Only	876.21K	127.79K	194.32K	373.69K	2.62M	7.12M	763.21K	221.51K	504.19K
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	301K	139.99K	303.63K	1.26M	1.51M	1.21M	2.88M	731.07K	28.03K
Days Sales Outstanding	7.32K	65	16.54	30.36	43.05	30.68	64.97	51.34	142
Inventory	0	0	0	312.26K	0	191.66K	196.12K	0	0
Days Inventory Outstanding	-	-	-	44.87	-	42.96	47.46	-	-
Other Current Assets	2.74K	93.04K	170.16K	633.3K	619.73K	547.54K	6.99M	191.54K	152.12K
Total Non-Current Assets+	0	570.62K	10.41M	17.84M	14.99M	18.16M	6.87M	762K	904.68K
Property, Plant & Equipment	0	542.79K	3.33M	7.41M	5.59M	7.27M	5.21M	762K	904.68K
Fixed Asset Turnover	-	1.45x	2.01x	2.04x	2.29x	1.98x	3.11x	6.82x	0.08x
Goodwill	0	0	2.04M	2.04M	2.04M	4.66M	0	0	0
Intangible Assets	0	0	4.26M	7.17M	6.61M	5.8M	1.37M	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	27.83K	773.48K	1.22M	743.31K	430.87K	300.43K	0	0
Total Assets+	1.6M	1.28M	11.07M	20.42M	19.75M	27.23M	11.08M	1.14M	1.59M
Asset Turnover	0.01x	0.61x	0.61x	0.74x	0.65x	0.53x	1.46x	4.54x	0.05x
Asset Growth %	-	-0.2%	7.66%	0.84%	-0.03%	0.38%	-0.59%	-0.9%	0.39%
Total Current Liabilities+	51.09K	473.82K	13.83M	6.07M	5.95M	4.93M	6.43M	1.9M	7.98M
Accounts Payable	2.99K	56.66K	1.26M	2.91M	1.69M	2.52M	568.64K	584.05K	2.71M
Days Payables Outstanding	255.91	327.18	493.07	418.07	380.35	565.66	137.6	158.1	3.25K
Short-Term Debt	0	182.93K	4.84M	1.5M	2.53M	254.49K	51.66K	0	0
Deferred Revenue (Current)	0	130.91K	454.38K	189.69K	295.07K	320.92K	241.67K	0	0
Other Current Liabilities	48.1K	95.5K	7.26M	421.04K	339.38K	337.94K	4.18M	1.31M	4.02M
Current Ratio	31.35x	1.50x	0.05x	0.42x	0.80x	1.84x	1.68x	0.60x	0.09x
Quick Ratio	31.35x	1.50x	0.05x	0.37x	0.80x	1.80x	1.65x	0.60x	0.09x
Cash Conversion Cycle	-	-	-	-342.84	-	-492.02	-25.17	-	-
Total Non-Current Liabilities+	500K	633.83K	1.18M	6.42M	5.98M	4.34M	2.72M	0	0
Long-Term Debt	500K	456.15K	317.29K	2.11M	1.96M	104.7K	53.04K	0	0
Capital Lease Obligations	0	52.49K	84.04K	3.73M	3.55M	4.05M	2.66M	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	125.18K	774.45K	578.87K	468.76K	189.38K	0	0	0
Total Liabilities	551.09K	1.11M	15.01M	12.48M	11.93M	9.28M	6.43M	1.9M	7.98M
Total Debt+	500K	759.83K	5.26M	8.38M	9.14M	5.9M	4.16M	0	0
Net Debt	-376.2K	632.04K	5.06M	8.01M	6.51M	-1.21M	3.39M	-221.51K	-504.19K
Debt / Equity	0.48x	4.43x	-	1.06x	1.17x	0.33x	0.89x	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-33.70x	-23.09x	-6.89x	-11.61x	-19.74x	-2323.58x	-23.54x	-8.29x
Total Equity+	1.05M	171.43K	-3.93M	7.94M	7.81M	17.95M	4.65M	-752.65K	-6.39M
Equity Growth %	-	-0.84%	-23.94%	3.02%	-0.02%	1.3%	-0.74%	-1.16%	-7.5%
Book Value per Share	7.05	1.14	-16.29	30.71	21.21	23.88	4.94	-0.68	-4.07
Total Shareholders' Equity	767.1K	747.42K	-2.31M	10.02M	10.43M	17.95M	4.65M	-752.65K	-6.39M
Common Stock	6.49K	6.58K	6.58K	8.91K	12.83K	26.22K	1.1K	1.15K	1.17K
Retained Earnings	-433.9K	-491.08K	-3.54M	-10.04M	-15.05M	-28.21M	-46.52M	-55.94M	-64.98M
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0
Minority Interest	283.36K	-575.99K	-1.63M	-2.08M	-2.62M	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-880.59K	-436.98K	-1.81M	-4.07M	-5.99M	-7.59M	-10.29M	-2.79M	-3.16M
Operating CF Margin %	-58.71%	-0.56%	-0.27%	-0.27%	-0.47%	-0.53%	-0.64%	-0.54%	-43.89%
Operating CF Growth %	-	0.5%	-3.14%	-1.25%	-0.47%	-0.27%	-0.36%	0.73%	-0.13%
Net Income	-380.8K	-57.18K	-3.05M	-6.5M	-5.54M	-10.54M	-11.83M	-6.48M	-6.3M
Depreciation & Amortization	0	65.89K	651.07K	1.55M	1.72M	1.65M	1.63M	403.59K	139.18K
Stock-Based Compensation	0	0	0	0	0	0	0	0	35.41K
Deferred Taxes	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-195.04K	-780.99K	-703.44K	577.02K	-857.87K	975.75K	2.48M	2.47M	-2.11M
Working Capital Changes	-304.75K	335.3K	1.3M	298.55K	-1.32M	326.35K	-2.57M	809.87K	5.07M
Change in Receivables	-305K	208.42K	-265.74K	-412.81K	-234.52K	304.35K	-1.75M	1.45M	-28.03K
Change in Inventory	0	0	0	0	0	0	0	0	0
Change in Payables	2.99K	53.67K	1.2M	1.36M	-1.26M	281.43K	-820.59K	-388.47K	5.06M
Cash from Investing+	-243.21K	-486.12K	-1.6M	-1.05M	-569.74K	-2.46M	-259.98K	-1.78M	-375K
Capital Expenditures	0	-546.47K	-1.58M	-1.2M	-369.74K	-763.45K	-331.38K	0	0
CapEx % of Revenue	-	0.7%	0.24%	0.08%	0.03%	0.05%	0.02%	-	-
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	-2.78M	-375K
Cash from Financing+	2M	174.68K	3.48M	5.3M	8.81M	14.54M	4.2M	4.02M	3.82M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	-1.25M
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	150K	37.5K	0	0	0	0	0	0	1.25M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-880.59K	-983.45K	-3.39M	-5.27M	-6.12M	-8.29M	-10.63M	-2.79M	-3.16M
FCF Margin %	-58.71%	-1.25%	-0.51%	-0.35%	-0.48%	-0.58%	-0.66%	-0.54%	-43.89%
FCF Growth %	-	-0.12%	-2.45%	-0.56%	-0.16%	-0.35%	-0.28%	0.74%	-0.13%
FCF per Share	-5.91	-6.54	-14.03	-20.39	-16.61	-11.02	-11.27	-2.51	-2.01
FCF Conversion (FCF/Net Income)	2.31x	7.64x	0.59x	0.59x	1.08x	0.72x	0.56x	0.30x	0.35x
Interest Paid	0	0	0	97.15K	0	0	0	0	0
Taxes Paid	0	0	0	18.53K	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-36.25%	-9.36%	-	-347.13%	-70.69%	-81.83%	-162.03%	-483.18%	-
Return on Invested Capital (ROIC)	-	-92.89%	-275.4%	-54.34%	-32.39%	-48.04%	-44.33%	-62.41%	-
Gross Margin	71.56%	91.96%	86.06%	83.21%	87.35%	88.68%	90.68%	74.05%	-323.66%
Net Margin	-2538.65%	-7.27%	-45.57%	-45.96%	-43.37%	-73.28%	-113.14%	-181.23%	-12554.93%
Debt / Equity	0.48x	4.43x	-	1.06x	1.17x	0.33x	0.89x	-	-
Interest Coverage	-	-33.70x	-23.09x	-6.89x	-11.61x	-19.74x	-2323.58x	-23.54x	-8.29x
FCF Conversion	2.31x	7.64x	0.59x	0.59x	1.08x	0.72x	0.56x	0.30x	0.35x
Revenue Growth	-	5140.17%	752.53%	125.73%	-15.14%	12.08%	12.51%	-67.89%	-98.61%

Frequently Asked Questions

Growth & Financials

IMAC Holdings, Inc. (BACK) reported $0.0M in revenue for fiscal year 2024. This represents a 51% increase from $0.0M in 2016.

IMAC Holdings, Inc. (BACK) saw revenue decline by 98.6% over the past year.

IMAC Holdings, Inc. (BACK) reported a net loss of $9.7M for fiscal year 2024.

Dividend & Returns

Yes, IMAC Holdings, Inc. (BACK) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.

IMAC Holdings, Inc. (BACK) had negative free cash flow of $4.9M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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IMAC Holdings, Inc. (BACK) 10-Year Financial Performance & Capital Metrics

BACK • • Industrial / General

HealthcareHealthcare FacilitiesRehabilitation & Therapy ServicesOutpatient Therapy Clinics

Revenue $72K -98.6%
EBITDA -$5M -116.1%
Net Income -$9M +4.0%
EPS (Diluted) -7.76 -5.4%
Gross Margin -323.66% -537.1%
EBITDA Margin -7611.5% -15485.7%
Operating Margin -7804.67% -13688.6%
Net Margin -12554.93% -6827.6%
ROE -
ROIC -
Debt/Equity -
Interest Coverage -8.29 +64.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 94 (top 6%)

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 65.7% over 5 years
✗Shares diluted 41.2% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-65.68%

3Y-82.89%

TTM100.46%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-77.89%

EPS CAGR

10Y-

5Y-

3Y-

TTM-42.31%

ROCE

10Y Avg-97.59%

5Y Avg-76.71%

3Y Avg-102.63%

Latest-

Peer Comparison

Outpatient Therapy Clinics

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
USPHU.S. Physical Therapy, Inc.	1.33B	87.70	47.66	11%	5.05%	4.27%	4.93%	0.39
BACKIMAC Holdings, Inc.	461.77K	0.12	-0.02	-98.61%	-426.93%

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	15K	786.02K	6.7M	15.13M	12.84M	14.39M	16.19M	5.2M	72.05K
Revenue Growth %	-	51.4%	7.53%	1.26%	-0.15%	0.12%	0.13%	-0.68%	-0.99%
Cost of Goods Sold+	4.27K	63.22K	933.91K	2.54M	1.62M	1.63M	1.51M	1.35M	305.25K
COGS % of Revenue	0.28%	0.08%	0.14%	0.17%	0.13%	0.11%	0.09%	0.26%	4.24%
Gross Profit+	10.73K	722.81K	5.77M	12.59M	11.21M	12.76M	14.68M	3.85M	-233.2K
Gross Margin %	0.72%	0.92%	0.86%	0.83%	0.87%	0.89%	0.91%	0.74%	-3.24%
Gross Profit Growth %	-	66.34%	6.98%	1.18%	-0.11%	0.14%	0.15%	-0.74%	-1.06%
Operating Expenses+	229.78K	1.64M	9.32M	18.77M	17.68M	22.71M	24.53M	2.54M	5.39M
OpEx % of Revenue	15.32%	2.08%	1.39%	1.24%	1.38%	1.58%	1.52%	0.49%	74.81%
Selling, General & Admin	229.78K	1.57M	8.67M	17.22M	16.38M	21.06M	22.9M	1.47M	2.82M
SG&A % of Revenue	15.32%	2%	1.29%	1.14%	1.28%	1.46%	1.41%	0.28%	39.15%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	65.89K	18.36K	1.55M	1.31M	1.65M	1.63M	1.07M	2.57M
Operating Income+	-219.05K	-915.07K	-3.55M	-6.19M	-6.54M	-9.95M	-7.32M	-2.94M	-5.62M
Operating Margin %	-14.6%	-1.16%	-0.53%	-0.41%	-0.51%	-0.69%	-0.45%	-0.57%	-78.05%
Operating Income Growth %	-	-3.18%	-2.88%	-0.74%	-0.06%	-0.52%	0.26%	0.6%	-0.91%
EBITDA+	0	-849.17K	-2.9M	-4.63M	-4.81M	-8.3M	-5.7M	-2.54M	-5.48M
EBITDA Margin %	-	-1.08%	-0.43%	-0.31%	-0.38%	-0.58%	-0.35%	-0.49%	-76.11%
EBITDA Growth %	-	-	-2.42%	-0.6%	-0.04%	-0.72%	0.31%	0.55%	-1.16%
D&A (Non-Cash Add-back)	219.05K	65.89K	651.07K	1.55M	1.72M	1.65M	1.63M	403.59K	139.18K
EBIT	-397.44K	-889.38K	-3.63M	-6.05M	-4.98M	-10.04M	-11.83M	-6.35M	-5.62M
Net Interest Income+	4	-12.33K	-146.28K	-889.9K	-556.99K	-501.22K	6.69K	-97.81K	-674.51K
Interest Income	4	14.82K	7.54K	7.79K	6.07K	2.88K	9.84K	27.16K	3.47K
Interest Expense	0	27.15K	153.82K	897.69K	563.07K	504.1K	3.15K	124.97K	677.98K
Other Income/Expense	-178.39K	-1.47K	-233.48K	-765.96K	993.86K	-443.89K	-4.51M	-3.53M	-674.51K
Pretax Income+	-397.44K	-916.53K	-3.78M	-6.95M	-5.54M	-10.54M	-11.83M	-6.48M	-6.3M
Pretax Margin %	-26.5%	-1.17%	-0.56%	-0.46%	-0.43%	-0.73%	-0.73%	-1.25%	-87.41%
Income Tax+	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	0.96%	0.06%	0.81%	1%	1%	1%	1.55%	1.45%	1.44%
Net Income+	-380.8K	-57.18K	-3.05M	-6.95M	-5.57M	-10.54M	-18.31M	-9.42M	-9.05M
Net Margin %	-25.39%	-0.07%	-0.46%	-0.46%	-0.43%	-0.73%	-1.13%	-1.81%	-125.55%
Net Income Growth %	-	0.85%	-52.4%	-1.28%	0.2%	-0.89%	-0.74%	0.49%	0.04%
Net Income (Continuing)	-397.44K	-916.53K	-3.78M	-6.95M	-5.54M	-10.54M	-11.83M	-6.48M	-6.3M
Discontinued Operations	0	0	0	0	0	0	-6.48M	-1.71M	-2.75M
Minority Interest	283.36K	-575.99K	-1.63M	-2.08M	-2.62M	0	0	0	0
EPS (Diluted)+	-2.56	-0.38	-12.65	-28.55	-15.11	-14.02	-19.43	-7.36	-7.76
EPS Growth %	-	0.85%	-32.29%	-1.26%	0.47%	0.07%	-0.39%	0.62%	-0.05%
EPS (Basic)	-2.56	-0.38	-12.65	-28.55	-15.11	-14.02	-19.43	-5.82	-7.76
Diluted Shares Outstanding	149.02K	150.4K	241.43K	258.45K	368.34K	751.72K	942.46K	1.11M	1.57M
Basic Shares Outstanding	149.02K	150.4K	241.43K	258.45K	368.34K	751.72K	942.46K	1.62M	1.57M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.6M	708.46K	668.11K	2.58M	4.76M	9.07M	10.83M	1.14M	684.34K
Cash & Short-Term Investments	876.21K	127.79K	194.32K	373.69K	2.62M	7.12M	763.21K	221.51K	504.19K
Cash Only	876.21K	127.79K	194.32K	373.69K	2.62M	7.12M	763.21K	221.51K	504.19K
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	301K	139.99K	303.63K	1.26M	1.51M	1.21M	2.88M	731.07K	28.03K
Days Sales Outstanding	7.32K	65	16.54	30.36	43.05	30.68	64.97	51.34	142
Inventory	0	0	0	312.26K	0	191.66K	196.12K	0	0
Days Inventory Outstanding	-	-	-	44.87	-	42.96	47.46	-	-
Other Current Assets	2.74K	93.04K	170.16K	633.3K	619.73K	547.54K	6.99M	191.54K	152.12K
Total Non-Current Assets+	0	570.62K	10.41M	17.84M	14.99M	18.16M	6.87M	762K	904.68K
Property, Plant & Equipment	0	542.79K	3.33M	7.41M	5.59M	7.27M	5.21M	762K	904.68K
Fixed Asset Turnover	-	1.45x	2.01x	2.04x	2.29x	1.98x	3.11x	6.82x	0.08x
Goodwill	0	0	2.04M	2.04M	2.04M	4.66M	0	0	0
Intangible Assets	0	0	4.26M	7.17M	6.61M	5.8M	1.37M	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	27.83K	773.48K	1.22M	743.31K	430.87K	300.43K	0	0
Total Assets+	1.6M	1.28M	11.07M	20.42M	19.75M	27.23M	11.08M	1.14M	1.59M
Asset Turnover	0.01x	0.61x	0.61x	0.74x	0.65x	0.53x	1.46x	4.54x	0.05x
Asset Growth %	-	-0.2%	7.66%	0.84%	-0.03%	0.38%	-0.59%	-0.9%	0.39%
Total Current Liabilities+	51.09K	473.82K	13.83M	6.07M	5.95M	4.93M	6.43M	1.9M	7.98M
Accounts Payable	2.99K	56.66K	1.26M	2.91M	1.69M	2.52M	568.64K	584.05K	2.71M
Days Payables Outstanding	255.91	327.18	493.07	418.07	380.35	565.66	137.6	158.1	3.25K
Short-Term Debt	0	182.93K	4.84M	1.5M	2.53M	254.49K	51.66K	0	0
Deferred Revenue (Current)	0	130.91K	454.38K	189.69K	295.07K	320.92K	241.67K	0	0
Other Current Liabilities	48.1K	95.5K	7.26M	421.04K	339.38K	337.94K	4.18M	1.31M	4.02M
Current Ratio	31.35x	1.50x	0.05x	0.42x	0.80x	1.84x	1.68x	0.60x	0.09x
Quick Ratio	31.35x	1.50x	0.05x	0.37x	0.80x	1.80x	1.65x	0.60x	0.09x
Cash Conversion Cycle	-	-	-	-342.84	-	-492.02	-25.17	-	-
Total Non-Current Liabilities+	500K	633.83K	1.18M	6.42M	5.98M	4.34M	2.72M	0	0
Long-Term Debt	500K	456.15K	317.29K	2.11M	1.96M	104.7K	53.04K	0	0
Capital Lease Obligations	0	52.49K	84.04K	3.73M	3.55M	4.05M	2.66M	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	125.18K	774.45K	578.87K	468.76K	189.38K	0	0	0
Total Liabilities	551.09K	1.11M	15.01M	12.48M	11.93M	9.28M	6.43M	1.9M	7.98M
Total Debt+	500K	759.83K	5.26M	8.38M	9.14M	5.9M	4.16M	0	0
Net Debt	-376.2K	632.04K	5.06M	8.01M	6.51M	-1.21M	3.39M	-221.51K	-504.19K
Debt / Equity	0.48x	4.43x	-	1.06x	1.17x	0.33x	0.89x	-	-
Debt / EBITDA	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-
Interest Coverage	-	-33.70x	-23.09x	-6.89x	-11.61x	-19.74x	-2323.58x	-23.54x	-8.29x
Total Equity+	1.05M	171.43K	-3.93M	7.94M	7.81M	17.95M	4.65M	-752.65K	-6.39M
Equity Growth %	-	-0.84%	-23.94%	3.02%	-0.02%	1.3%	-0.74%	-1.16%	-7.5%
Book Value per Share	7.05	1.14	-16.29	30.71	21.21	23.88	4.94	-0.68	-4.07
Total Shareholders' Equity	767.1K	747.42K	-2.31M	10.02M	10.43M	17.95M	4.65M	-752.65K	-6.39M
Common Stock	6.49K	6.58K	6.58K	8.91K	12.83K	26.22K	1.1K	1.15K	1.17K
Retained Earnings	-433.9K	-491.08K	-3.54M	-10.04M	-15.05M	-28.21M	-46.52M	-55.94M	-64.98M
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0
Minority Interest	283.36K	-575.99K	-1.63M	-2.08M	-2.62M	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-880.59K	-436.98K	-1.81M	-4.07M	-5.99M	-7.59M	-10.29M	-2.79M	-3.16M
Operating CF Margin %	-58.71%	-0.56%	-0.27%	-0.27%	-0.47%	-0.53%	-0.64%	-0.54%	-43.89%
Operating CF Growth %	-	0.5%	-3.14%	-1.25%	-0.47%	-0.27%	-0.36%	0.73%	-0.13%
Net Income	-380.8K	-57.18K	-3.05M	-6.5M	-5.54M	-10.54M	-11.83M	-6.48M	-6.3M
Depreciation & Amortization	0	65.89K	651.07K	1.55M	1.72M	1.65M	1.63M	403.59K	139.18K
Stock-Based Compensation	0	0	0	0	0	0	0	0	35.41K
Deferred Taxes	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	-195.04K	-780.99K	-703.44K	577.02K	-857.87K	975.75K	2.48M	2.47M	-2.11M
Working Capital Changes	-304.75K	335.3K	1.3M	298.55K	-1.32M	326.35K	-2.57M	809.87K	5.07M
Change in Receivables	-305K	208.42K	-265.74K	-412.81K	-234.52K	304.35K	-1.75M	1.45M	-28.03K
Change in Inventory	0	0	0	0	0	0	0	0	0
Change in Payables	2.99K	53.67K	1.2M	1.36M	-1.26M	281.43K	-820.59K	-388.47K	5.06M
Cash from Investing+	-243.21K	-486.12K	-1.6M	-1.05M	-569.74K	-2.46M	-259.98K	-1.78M	-375K
Capital Expenditures	0	-546.47K	-1.58M	-1.2M	-369.74K	-763.45K	-331.38K	0	0
CapEx % of Revenue	-	0.7%	0.24%	0.08%	0.03%	0.05%	0.02%	-	-
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	-2.78M	-375K
Cash from Financing+	2M	174.68K	3.48M	5.3M	8.81M	14.54M	4.2M	4.02M	3.82M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	-1.25M
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	150K	37.5K	0	0	0	0	0	0	1.25M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-880.59K	-983.45K	-3.39M	-5.27M	-6.12M	-8.29M	-10.63M	-2.79M	-3.16M
FCF Margin %	-58.71%	-1.25%	-0.51%	-0.35%	-0.48%	-0.58%	-0.66%	-0.54%	-43.89%
FCF Growth %	-	-0.12%	-2.45%	-0.56%	-0.16%	-0.35%	-0.28%	0.74%	-0.13%
FCF per Share	-5.91	-6.54	-14.03	-20.39	-16.61	-11.02	-11.27	-2.51	-2.01
FCF Conversion (FCF/Net Income)	2.31x	7.64x	0.59x	0.59x	1.08x	0.72x	0.56x	0.30x	0.35x
Interest Paid	0	0	0	97.15K	0	0	0	0	0
Taxes Paid	0	0	0	18.53K	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-36.25%	-9.36%	-	-347.13%	-70.69%	-81.83%	-162.03%	-483.18%	-
Return on Invested Capital (ROIC)	-	-92.89%	-275.4%	-54.34%	-32.39%	-48.04%	-44.33%	-62.41%	-
Gross Margin	71.56%	91.96%	86.06%	83.21%	87.35%	88.68%	90.68%	74.05%	-323.66%
Net Margin	-2538.65%	-7.27%	-45.57%	-45.96%	-43.37%	-73.28%	-113.14%	-181.23%	-12554.93%
Debt / Equity	0.48x	4.43x	-	1.06x	1.17x	0.33x	0.89x	-	-
Interest Coverage	-	-33.70x	-23.09x	-6.89x	-11.61x	-19.74x	-2323.58x	-23.54x	-8.29x
FCF Conversion	2.31x	7.64x	0.59x	0.59x	1.08x	0.72x	0.56x	0.30x	0.35x
Revenue Growth	-	5140.17%	752.53%	125.73%	-15.14%	12.08%	12.51%	-67.89%	-98.61%

Frequently Asked Questions

Growth & Financials

IMAC Holdings, Inc. (BACK) reported $0.0M in revenue for fiscal year 2024. This represents a 51% increase from $0.0M in 2016.

IMAC Holdings, Inc. (BACK) saw revenue decline by 98.6% over the past year.

IMAC Holdings, Inc. (BACK) reported a net loss of $9.7M for fiscal year 2024.

Dividend & Returns

Yes, IMAC Holdings, Inc. (BACK) pays a dividend with a yield of 100.00%. This makes it attractive for income-focused investors.

IMAC Holdings, Inc. (BACK) had negative free cash flow of $4.9M in fiscal year 2024, likely due to heavy capital investments.