Financial Strategy And Debt ReductionManagement plans to reduce the debt to EBITDA ratio to 3.0x by the end of 2024 and 2.5x by the end of 2025, indicating a focused financial strategy.
Market Position And ExpansionThere is a tremendous opportunity for LTH to acquire new members due to its underpenetrated market share in the high-end gym market.
Membership Growth And EngagementRecord-low attrition, record-high engagement, and record-high average dues/membership reflect successful programming investments and consistently improving member experience.