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Side-by-side financial comparison of IT TECH PACKAGING, INC. (ITP) and JOINT Corp (JYNT). Click either name above to swap in a different company.

IT TECH PACKAGING, INC. is the larger business by last-quarter revenue ($25.6M vs $15.2M, roughly 1.7× JOINT Corp). JOINT Corp runs the higher net margin — 6.5% vs -5.7%, a 12.2% gap on every dollar of revenue. On growth, JOINT Corp posted the faster year-over-year revenue change (3.1% vs 2.1%). IT TECH PACKAGING, INC. produced more free cash flow last quarter ($1.5M vs $334.7K). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% CAGR vs -28.6%).

IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.

The Joint Corp is a leading operator and franchisor of chiropractic care clinics primarily serving the U.S. market. It offers accessible, affordable routine chiropractic services, membership-based care plans, and caters to consumers seeking non-invasive musculoskeletal pain management and wellness support.

ITP vs JYNT — Head-to-Head

Bigger by revenue
ITP
ITP
1.7× larger
ITP
$25.6M
$15.2M
JYNT
Growing faster (revenue YoY)
JYNT
JYNT
+1.0% gap
JYNT
3.1%
2.1%
ITP
Higher net margin
JYNT
JYNT
12.2% more per $
JYNT
6.5%
-5.7%
ITP
More free cash flow
ITP
ITP
$1.2M more FCF
ITP
$1.5M
$334.7K
JYNT
Faster 2-yr revenue CAGR
ITP
ITP
Annualised
ITP
10.5%
-28.6%
JYNT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ITP
ITP
JYNT
JYNT
Revenue
$25.6M
$15.2M
Net Profit
$-1.4M
$991.1K
Gross Margin
7.9%
81.4%
Operating Margin
-3.9%
4.9%
Net Margin
-5.7%
6.5%
Revenue YoY
2.1%
3.1%
Net Profit YoY
26.6%
5510.5%
EPS (diluted)
$-0.11
$0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ITP
ITP
JYNT
JYNT
Q4 25
$15.2M
Q3 25
$25.6M
$13.4M
Q2 25
$24.8M
$13.3M
Q1 25
$10.9M
$13.1M
Q4 24
$17.6M
$14.7M
Q3 24
$25.1M
$30.2M
Q2 24
$26.2M
$30.3M
Q1 24
$6.9M
$29.7M
Net Profit
ITP
ITP
JYNT
JYNT
Q4 25
$991.1K
Q3 25
$-1.4M
$855.0K
Q2 25
$-2.0M
$93.4K
Q1 25
$-3.5M
$967.8K
Q4 24
$-4.0M
$17.7K
Q3 24
$-2.0M
$-3.2M
Q2 24
$-77.7K
$-3.6M
Q1 24
$-3.7M
$947.0K
Gross Margin
ITP
ITP
JYNT
JYNT
Q4 25
81.4%
Q3 25
7.9%
80.1%
Q2 25
5.1%
79.1%
Q1 25
0.8%
77.3%
Q4 24
6.3%
78.4%
Q3 24
7.6%
90.7%
Q2 24
12.4%
90.7%
Q1 24
5.8%
90.9%
Operating Margin
ITP
ITP
JYNT
JYNT
Q4 25
4.9%
Q3 25
-3.9%
1.2%
Q2 25
-7.1%
-8.6%
Q1 25
-31.0%
-5.2%
Q4 24
-21.5%
5.5%
Q3 24
-5.8%
-1.6%
Q2 24
2.1%
-5.9%
Q1 24
-51.0%
-1.4%
Net Margin
ITP
ITP
JYNT
JYNT
Q4 25
6.5%
Q3 25
-5.7%
6.4%
Q2 25
-7.9%
0.7%
Q1 25
-32.2%
7.4%
Q4 24
-22.9%
0.1%
Q3 24
-7.9%
-10.5%
Q2 24
-0.3%
-11.9%
Q1 24
-54.6%
3.2%
EPS (diluted)
ITP
ITP
JYNT
JYNT
Q4 25
$0.06
Q3 25
$-0.11
$0.06
Q2 25
$-0.16
$0.01
Q1 25
$-0.35
$0.06
Q4 24
$-0.40
$0.01
Q3 24
$-0.20
$-0.21
Q2 24
$-0.01
$-0.24
Q1 24
$-0.37
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ITP
ITP
JYNT
JYNT
Cash + ST InvestmentsLiquidity on hand
$23.6M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$152.0M
$15.1M
Total Assets
$175.7M
$61.0M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ITP
ITP
JYNT
JYNT
Q4 25
$23.6M
Q3 25
$29.7M
Q2 25
$29.8M
Q1 25
$21.9M
Q4 24
$25.1M
Q3 24
$20.7M
Q2 24
$17.5M
Q1 24
$18.7M
Total Debt
ITP
ITP
JYNT
JYNT
Q4 25
Q3 25
$4.7M
Q2 25
$4.7M
Q1 25
$4.7M
Q4 24
$4.7M
Q3 24
$8.9M
Q2 24
$11.3M
Q1 24
$11.4M
Stockholders' Equity
ITP
ITP
JYNT
JYNT
Q4 25
$15.1M
Q3 25
$152.0M
$22.7M
Q2 25
$152.3M
$23.2M
Q1 25
$152.8M
$22.8M
Q4 24
$156.1M
$20.7M
Q3 24
$164.3M
$20.5M
Q2 24
$163.5M
$23.2M
Q1 24
$164.3M
$26.2M
Total Assets
ITP
ITP
JYNT
JYNT
Q4 25
$61.0M
Q3 25
$175.7M
$69.4M
Q2 25
$175.2M
$73.2M
Q1 25
$175.2M
$80.1M
Q4 24
$177.5M
$83.2M
Q3 24
$190.0M
$79.6M
Q2 24
$191.4M
$82.4M
Q1 24
$177.5M
$85.7M
Debt / Equity
ITP
ITP
JYNT
JYNT
Q4 25
Q3 25
0.03×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ITP
ITP
JYNT
JYNT
Operating Cash FlowLast quarter
$1.5M
$1.8M
Free Cash FlowOCF − Capex
$1.5M
$334.7K
FCF MarginFCF / Revenue
5.9%
2.2%
Capex IntensityCapex / Revenue
0.0%
9.9%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$3.8M
$-1.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ITP
ITP
JYNT
JYNT
Q4 25
$1.8M
Q3 25
$1.5M
$1.8M
Q2 25
$1.4M
$868.6K
Q1 25
$-2.5M
$-3.7M
Q4 24
$3.5M
$9.4M
Q3 24
$1.5M
$3.4M
Q2 24
$721.9K
$-973.5K
Q1 24
$624.4K
$2.8M
Free Cash Flow
ITP
ITP
JYNT
JYNT
Q4 25
$334.7K
Q3 25
$1.5M
$1.5M
Q2 25
$1.3M
$363.6K
Q1 25
$-2.5M
$-4.0M
Q4 24
$3.5M
$8.2M
Q3 24
$1.2M
$3.2M
Q2 24
$668.3K
$-1.2M
Q1 24
$615.4K
$2.4M
FCF Margin
ITP
ITP
JYNT
JYNT
Q4 25
2.2%
Q3 25
5.9%
10.9%
Q2 25
5.4%
2.7%
Q1 25
-22.8%
-30.8%
Q4 24
19.6%
55.9%
Q3 24
4.9%
10.6%
Q2 24
2.5%
-4.1%
Q1 24
9.0%
8.1%
Capex Intensity
ITP
ITP
JYNT
JYNT
Q4 25
9.9%
Q3 25
0.0%
2.4%
Q2 25
0.1%
3.8%
Q1 25
0.1%
2.5%
Q4 24
0.1%
8.1%
Q3 24
1.0%
0.8%
Q2 24
0.2%
0.9%
Q1 24
0.1%
1.3%
Cash Conversion
ITP
ITP
JYNT
JYNT
Q4 25
1.86×
Q3 25
2.07×
Q2 25
9.30×
Q1 25
-3.82×
Q4 24
532.98×
Q3 24
Q2 24
Q1 24
2.97×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ITP
ITP

Segment breakdown not available.

JYNT
JYNT

Transferred At Point In Time$12.8M84%
Transferred Over Time$2.4M16%

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