Welcome to our dedicated page for F45 Training Hldgs news (Ticker: FXLV), a resource for investors and traders seeking the latest updates and insights on F45 Training Hldgs stock.
F45 Training Holdings Inc. (FXLV) drives innovation in global fitness through its signature high-intensity training programs and franchise network. This comprehensive news hub delivers official updates directly from the company, serving investors and industry observers tracking its market position.
Access curated announcements including quarterly financial results, franchise expansion milestones, strategic partnerships, and new training program launches. Our aggregation ensures you never miss critical developments affecting F45's business performance or industry leadership.
All content is sourced from verified corporate communications and regulatory filings, maintaining journalistic rigor while avoiding speculative analysis. The collection spans operational updates, leadership changes, and technological advancements within F45's ecosystem.
Bookmark this page for efficient monitoring of FXLV's corporate trajectory. Combine regular check-ins with our historical archive to identify long-term growth patterns and strategic decision-making trends.
F45 Training Holdings (NYSE:FXLV) reported a remarkable financial performance for Q4 and the fiscal year ending December 31, 2021. Revenue surged by 242% year-over-year to $61.8 million in Q4 and by 63% to $134.0 million for the fiscal year. Adjusted EBITDA rose 376% to $25.9 million in Q4 and 104% to $52.0 million annually. Despite a net loss of $182.7 million for the year, the company achieved a record in franchise sales and openings, with over 1,000 franchises sold and 312 studios opened. Looking ahead, F45 aims to sell approximately 1,000 new franchises and generate revenue between $255 million and $275 million in 2022.
F45 Training Holdings Inc. (NYSE:FXLV) will announce its fourth quarter and fiscal 2021 financial results before market open on March 14, 2022. A conference call for analysts and investors is scheduled for 8:30 a.m. ET on the same day, accessible via the investor relations website. F45 specializes in community-driven, functional workouts, utilizing advanced technology to provide a varied workout experience. Investors can access a replay of the call starting from 10:30 a.m. ET on the announcement day through March 21, 2022.
F45 Training Holdings (NYSE:FXLV) announced an increase in its equipment world pack deliveries for 2022, securing approximately 1,200 packs to meet global franchisee demand. President and CEO Adam J. Gilchrist stated that this reflects the company's ability to exceed growth expectations and ensure sufficient supply for new studios. The company aims to maintain its position as the fastest growing franchisor in boutique fitness, highlighting its capital-light business model and strong balance sheet.
F45 Training Holdings Inc. (NYSE:FXLV) has appointed Gunnar Peterson as Chief of Athletics, a significant move aimed at enhancing its fitness offerings. Peterson, a renowned trainer with a history of working with elite athletes and celebrities, will collaborate with F45's expert team to innovate workout programs. This comes as F45 seeks to maintain its position as a leader in the fitness industry, leveraging its technology-driven approach and extensive training content. Peterson's exclusive workout will launch in April 2022, aiming to benefit F45's global community.
F45 Training Holdings Inc. (NYSE:FXLV) has updated its revenue guidance for fiscal 2021, expecting total revenue between
F45 Training Holdings Inc. (NYSE:FXLV), recognized as the fastest growing fitness franchisor by Entrepreneur, will participate in the 24th Annual ICR Conference via a fireside chat on
F45 Training Holdings Inc. (NYSE:FXLV) has announced a partnership with Concert Golf Partners to establish F45 studios within private golf clubs across the U.S. The initiative aims to enhance member fitness experiences. The first studio is set to launch at Indian Spring Country Club in Boynton Beach, Florida. F45's President Adam J. Gilchrist emphasized the opportunity to expand its market presence through this collaboration, which caters to health and wellness goals for members in a familiar environment.
F45 Training Holdings Inc. (NYSE:FXLV) has announced a partnership with Swoop Funding to provide its franchisees access to tailored financing solutions. This partnership aims to help both new and existing franchise owners secure funding from a network of pre-selected lenders. Initially launching in Australia, Canada, Ireland, and the United Kingdom, the partnership is designed to ease financial burdens and support franchisees in starting and expanding their fitness studios.
F45 Training Holdings (NYSE:FXLV) reported a 24% revenue increase to $27.2 million for Q3 2021, boosted by a 32% rise in franchise revenue. Studio visits surged, with same-store sales up 67% in the U.S. Despite this, the company recorded a net loss of $130.2 million due to increased SG&A expenses related to stock-based compensation and higher interest expenses. Cash and cash equivalents improved to $52.6 million, with no debt. F45 increased its guidance for new franchise sales and studio openings for 2021, expecting full-year revenue between $132 million and $137 million.