Strong Revenue and Membership Growth
Closing membership up 5%, revenue for the period up 8%, and average revenue per member month increased by 4%.
EBITDA and Profit Growth
EBITDA less normalized rent was up 24% year-on-year, with statutory profit before tax increasing by GBP 3.1 million.
Debt Reduction
Net debt reduced by GBP 10.1 million to GBP 51.2 million, lowering the net debt-to-EBITDA leverage ratio to 1x.
Successful New Site Openings
On track to increase openings to 14 to 16 in 2025, with new sites expected to deliver a 30% ROIC.
Positive Market Trends and Consumer Engagement
Gym penetration reached new highs, with Gen Z prioritizing fitness and showing strong engagement in gym activities.