XPONENTIAL FITNESS Reports Earnings Results for FY2023 Q2 as of June 30 2023
August 7, 2023
☀️Earnings Overview
On August 3 2023, XPONENTIAL FITNESS ($NYSE:XPOF) reported their earnings results for FY2023 Q2, ending June 30 2023. Total revenue was USD 77.3 million, a year-on-year increase of 29.9%. Net income also rose by 109.2% compared to the same quarter of the previous year, totaling USD 3.8 million.
Price History
The company’s stock opened at $21.0 and closed at $20.6, representing a decrease of 2.5% from the previous closing price of $21.2. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Xponential Fitness. More…
| Total Revenues | Net Income | Net Margin |
| 283.06 | -61.68 | 23.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Xponential Fitness. More…
| Operations | Investing | Financing |
| 56.04 | -14.59 | -30.53 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Xponential Fitness. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 545.14 | 749.62 | -4.81 |
Key Ratios Snapshot
Some of the financial key ratios for Xponential Fitness are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.8% | – | 8.3% |
| FCF Margin | ROE | ROA |
| 13.9% | -7.7% | 2.7% |
Analysis
GoodWhale recently conducted an analysis of XPONENTIAL FITNESS and based on our Risk Rating, we have determined that this is a high risk investment. We have detected 3 risk warnings in the income sheet, balance sheet and cash flow statement. For those interested to learn more, please register with us and we’ll be happy to provide more details. At GoodWhale, we understand that investments involve a certain level of risk. That’s why we strive to provide our clients with the best possible information to make their decisions. In the case of XPONENTIAL FITNESS, we have identified 3 risk warnings that must be taken into consideration before any decision is made. We believe that by arming our clients with the right information, they can make the most informed and educated decisions regarding their investments. So be sure to register with us if you would like to learn more about the risks associated with XPONENTIAL FITNESS. More…
Peers
The fitness industry is a competitive one, with many companies vying for a share of the market. Xponential Fitness Inc is one such company, and it competes with others such as Gambling.com Group Ltd, F45 Training Holdings Inc, and Fit After Fifty Inc. Each company has its own strengths and weaknesses, and it is up to the consumer to decide which one is the best fit for their needs.
– Gambling.com Group Ltd ($NASDAQ:GAMB)
The Gambling.com Group Ltd is a publicly traded company with a market capitalization of 267.87 million as of 2022. The company has a return on equity of 8.07%. The Gambling.com Group Ltd is an online gambling and gaming company. The company operates a number of gambling and gaming websites, including gambling.com, sportsbook.com, and poker.com. The company also offers a range of other services, including online gaming, online casino, online sports betting, and online poker.
– F45 Training Holdings Inc ($NYSE:FXLV)
F45 Training Holdings Inc is a fitness company that offers group training classes. The company has a market cap of 293.47M and a ROE of -60.11%. The company offers a variety of fitness classes, including strength training, cardio, and HIIT classes.
Summary
Investors may be pleased to hear that XPONENTIAL FITNESS reported strong earnings for the second quarter of fiscal year 2023. Total revenue increased by 29.9% compared to the same period in the prior year, reaching USD 77.3 million. Net income was further bolstered, rising 109.2% to USD 3.8 million. With strong results in both revenue and income, XPONENTIAL FITNESS appears to be a good investment for those looking to diversify their portfolios.
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