Tag Archives: XPONENTIAL FITNESS

XPONENTIAL FITNESS, INC. (XPOF)

ANNUAL – per Yahoo/Finance

QUARTERLY – per Yahoo/Finance

ENTERPRISE VALUE/TTM ADJUSTED EBITDA per Lipton Financial Services

2024 Outlook provided by management – AS OF Q1’24 REPORT

The Company is re-affirming its full-year 2024 guidance, which compares to 2023 results as follows:

  • Gross new studio openings in the range of 540 to 560;
  • North America system-wide sales in the range of $1.705 billion to $1.715 billion;
  • Revenue in the range of $340.0 million to $350.0 million, or an increase of 8% at the midpoint; and
  • Adjusted EBITDA in the range of $136.0 million to $140.0 million, or an increase of 31% at the midpoint.

Additional key assumptions for full year 2024 include:

  • Tax rate in the mid-to-high single digits;
  • Share count of 31.5 million shares of Class A Common Stock for the GAAP EPS and Adjusted EPS calculations. A full explanation of the Company’s share count calculation and associated EPS and Adjusted EPS calculations can be found in the tables at the end of this press release; and
  • $1.9 million in quarterly dividends paid related to the Company’s Convertible Preferred Stock.

2024 Outlook – as of q4’23 report

The Company is initiating full-year 2024 outlook, which compares to 2023 results as follows:

  • Gross new studio openings in the range of 540 to 560;
  • North America system-wide sales in the range of $1.705 billion to $1.715 billion, or an increase of 22% at the midpoint;
  • Revenue in the range of $340.0 million to $350.0 million, or an increase of 8% at the midpoint; and
  • Adjusted EBITDA in the range of $136.0 million to $140.0 million, or an increase of 31% at the midpoint.

Additional key assumptions for full year 2024 include:

  • Tax rate in the mid-to-high single digits;
  • Share count of 31.5 million shares of Class A Common Stock for the GAAP EPS and Adjusted EPS calculations. A full explanation of the Company’s share count calculation and associated EPS and Adjusted EPS calculations can be found in the tables at the end of this press release; and
  • $1.9 million in quarterly dividends paid related to the Company’s Convertible Preferred Stock.

TRANSCRIPT OF Q1 ’24 EARNINGS CALL

Xponential Fitness, Inc. (XPOF) Q1 2024 Earnings Call Transcript _ Seeking Alpha

SLIDE SHOW PRESENTATION in MAY ’24

PowerPoint Presentation