F45 Training Holdings Inc. (FXLV) Misses Q2 EPS by 40c

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F45 Reports Second Quarter Fiscal 2022 Results

August 15, 2022 4:05 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- F45 Training Holdings Inc. (NYSE: FXLV) (F45 or the Company) today announced financial results for the fiscal second quarter ended June 30, 2022.

During the second quarter, we delivered total revenue of $30.0 million and Adjusted EBITDA of $(7.3) million. In addition, we had 92 Net Initial Studio Openings for the quarter, bringing our global Total Studio count to 1,958. I am pleased with the performance of our studios, which generated same store sales growth of 6% as well as record system-wide sales of $127.1 million, representing year-over-year growth of 23%, said Ben Coates, interim CEO of... More