F45 Training Hldgs Inc Stock Price, News & Analysis

F45 Training Holdings Inc. (NYSE:FXLV) will release its first quarter fiscal 2022 financial results on May 16, 2022, after market close. A conference call will follow at 4:30 p.m. ET to discuss these results. F45 is known for its innovative 45-minute functional workouts and proprietary technologies that enhance member experience. The fitness franchisor has been recognized as the fastest-growing in the world as of 2022, according to Entrepreneur. Investors can access the call via the investor relations website, and a replay will be available afterward.

F45 Training Holdings Inc. (NYSE: FXLV) announced the appointment of Brian Killingsworth as Chief Marketing Officer. Killingsworth, a veteran with over 20 years in sports marketing, will lead F45's marketing strategy. His previous roles include Global CMO at Legends and CMO for the Vegas Golden Knights. Under his leadership, F45 aims to enhance brand visibility and customer engagement. F45, recognized as the fastest growing fitness franchisor by Entrepreneur in 2022, focuses on innovative fitness solutions to assist members in achieving their fitness goals.

F45 Training Holdings Inc. (NYSE: FXLV) has been recognized as one of the fastest-growing franchises by Entrepreneur in 2022, ranking #10 globally and #14 in North America, making it the top fitness franchisor. This accolade reflects F45's strong unit growth from July 31, 2020, to July 31, 2021, a period marked by challenges in the fitness industry due to the pandemic. CEO Adam Gilchrist stated that this recognition validated the team's hard work and commitment to franchisees and members, indicating confidence in maintaining robust growth.

F45 Training Holdings Inc. (NYSE: FXLV) announced the opening of a new studio in London's High Street Kensington on March 19. The 3,500 sq. ft. facility will follow F45's renowned high-intensity, circuit-based workouts. David Beckham, an F45 investor since 2020, will partner in the new studio. Currently, F45 operates 1,749 studios across 65 countries, with this being the 63rd in the UK. The franchise has sold a total of 3,301 franchises and continues to expand its presence in the global fitness market.

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 $133 million and $136 million, reflecting a 62%-66% increase year-over-year. Preliminary Q4 2021 results show significant growth with same store sales up 6% globally and 53% in the US, while system-wide sales increased 27% globally and 95% in the US. The company also reported approximately 130 new studio openings and 275 new franchises sold. Results will be formally released in early March, along with the outlook for 2022.