NYSE$FXLV
F45 Training Holdings Inc. · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
F45 reported record revenues and Adjusted EBITDA, exceeding 1,000 franchise sales, and opened over 300 franchises globally.
F45 Training Holdings Inc. reported a significant increase in revenue for Q4 2021, driven by franchise and equipment revenue growth. The company's net income was $14.8 million, a substantial improvement compared to the previous year's net loss of $32.8 million. Adjusted EBITDA also saw a considerable increase, reaching $25.9 million.
- Total revenue increased by 242% to $61.8 million compared to Q4 2020.
- Net income was $14.8 million, a significant turnaround from the net loss of $32.8 million in Q4 2020.
- Adjusted EBITDA increased by 376% to $25.9 million compared to the prior year period.
- Net Franchises Sold totaled 290 compared to 30 in the prior year period.
Headline financials
Revenue & EPS history
F45 · Revenue · Quarterly
$61.8M
Revenue by segment
F45 · $61.9M total across 2 segments · Q4 2021
- Equipment and Merchandise$40.4M—65.3%
- Franchise$21.5M—34.7%
Forward guidance
The Company is providing financial guidance for the year ending December 31, 2022, assuming no significant worsening of the COVID-19 pandemic that materially impacts performance.
Tailwinds
- Full-year net New Franchises Sold of approximately 1,000.
- Full-year net Initial Studio Openings of approximately 1,000, which is expected to be weighted towards the back half of the year.
- Full-year revenue between $255 million and $275 million.
- Full-year Adjusted EBITDA between $90 million and $100 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports · overlaid with Q4 2021
-3.1%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+10.2%
Avg return
30 days after
25%
3 / 12 earnings
Positive
+13.5%
Q2 2022
Best reaction
-16.6%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2023 | +0.0% | +0.0% | +10.0% | |
| Q1 2023 | +0.0% | +0.0% | +10.0% | |
| Q2 2023 | +0.0% | +0.0% | +10.0% | |
| Q4 2022 | +0.0% | +30.4% | +121.7% | |
| Q3 2022 | -8.0% | -24.9% | -4.9% | |
| Q2 2022 | +13.5% | -1.9% | +21.4% | |
| Q1 2022 | +3.8% | +3.5% | -17.0% | |
| Q4 2021 | -7.0% | -6.4% | -23.5% | |
| Q4 2020 | -16.6% | +12.2% | +27.4% | |
| Q3 2021 | +7.3% | +10.7% | -4.3% | |
| Q1 2021 | -15.4% | -11.8% | -14.2% | |
| Q2 2021 | -15.4% | -11.8% | -14.2% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro