Xponential Fitness Inc.
- Xponential Fitness, Inc said revenue in the fourth quarter increased to $71.3 million from $49.3 million and net loss shrank to $0.25 million from $14.7 million and diluted loss per share shrank to $1.13 from $2.45 a year ago.
The company said North America quarterly average unit volume increased to $522,000 from $446,000 in the previous year.
In the full-year 2022, revenue increased to $229.8 million from $185.9 million and the franchisor of boutique fitness brands swung to a profit of $2.9 million from a loss of $51.4 million and diluted loss per share was 87 cents from $2.85 a year ago.
The company sold 1,026 franchise licenses and opened 511 new studios in 2022.
Mar 2, 2023
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