Life Time Group Holdings, Inc. ( (LTH) ) has released its Q1 earnings. Here is a breakdown of the information Life Time Group Holdings, Inc. presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Life Time Group Holdings, Inc., a prominent player in the health and wellness industry, operates a network of athletic country clubs across the U.S. and Canada, offering a comprehensive range of fitness and lifestyle services.
In its first quarter of 2025, Life Time reported a significant increase in financial performance, with total revenue reaching $706 million, marking an 18.3% increase from the previous year. The company also saw a substantial rise in net income, which surged by over 205% to $76.1 million, alongside an increase in diluted earnings per share to $0.34.
Key financial highlights include an adjusted net income of $88.1 million, up 188.9%, and an adjusted EBITDA of $191.6 million, reflecting a 31.2% increase. The company also successfully reduced its net debt leverage ratio to 2.0 times and maintained positive net cash flow from operating activities for the fourth consecutive quarter. Additionally, Life Time opened one new center and plans to remodel three recently acquired properties.
Looking forward, Life Time has raised its 2025 outlook, projecting revenue between $2.94 billion and $2.98 billion and plans to open 10 to 12 new centers. The company aims to maintain its net debt leverage ratio at or below 2.0 times, driven by continued growth in membership dues and expanded operating leverage.