XPOF - Xponential Fitness, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$7.00
DETAILS
HIGH:
$8.00
LOW:
$6.00
MEDIAN:
$7.00
CONSENSUS:
$7.00
UPSIDE:
22.59%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Revenue | 314.9 | 320.3 | 317.9 | 243.2 | 155.1 | 106.6 | 129.1 | 59.3 |
| Cost of Revenue | 76.8 | 59.5 | 98.6 | 82.2 | 54.3 | 41.2 | 55.4 | 29.3 |
| Gross Profit | 238.1 | 260.9 | 219.3 | 161.0 | 100.8 | 65.4 | 73.8 | 30.0 |
| Operating Expenses | ||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 158.6 | 176.9 | 148.5 | 116.0 | 88.0 | 60.9 | 80.5 | 44.6 |
| Other Expenses | 0 | 137.6 | 35.9 | 31.7 | 43.6 | (3.3) | 14.3 | 3.5 |
| Operating Expenses | 158.6 | 314.5 | 184.4 | 147.7 | 131.6 | 57.6 | 94.8 | 48.1 |
| Operating Income | ||||||||
| Operating Income | 79.5 | (53.6) | 34.9 | 13.3 | (30.8) | 7.8 | (21.1) | (36.2) |
| Interest Expense | 49.2 | 46.2 | 38.7 | 13.0 | 24.7 | 21.4 | 16.1 | 6.3 |
| Interest Income | 3.2 | 1.8 | 1.6 | 1.8 | 1.2 | 0.3 | 0.2 | 0.1 |
| Profitability | ||||||||
| EBITDA | 91.6 | (35.1) | 70.8 | 45.0 | 12.8 | 6.9 | (14.5) | (32.6) |
| EBIT | 79.5 | (52.8) | 53.9 | 29.7 | 2.6 | (0.8) | (20.9) | (36.2) |
| Income Before Tax | (52.3) | (99.0) | (5.4) | 1.6 | (50.7) | (13.3) | (37.0) | (42.4) |
| Income Tax Expense | 1.3 | (0.3) | 1.0 | 0.5 | 0.8 | 0.4 | 0.2 | 0.1 |
| Net Income | (33.8) | (64.9) | (4.0) | 1.2 | (18.8) | (13.6) | (37.1) | (42.5) |
| Per Share Data | ||||||||
| EPS (Basic) | -1.47 | -2.27 | 1.08 | -0.87 | -2.67 | -0.59 | -1.61 | -1.85 |
| EPS (Diluted) | -1.47 | -2.27 | -0.52 | -0.87 | -2.67 | -0.59 | -1.61 | -1.85 |
| Shares Outstanding | 34.8 | 32.0 | 31.7 | 25.3 | 23.9 | 23.0 | 23.0 | 23.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||
| Cash & Cash Equivalents | 33.7 | 16.7 | 27.8 | 32.0 | 21.3 | 11.3 | 9.3 | 11.2 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 35.9 | 31.9 | 33.0 | 27.1 | 14.0 | 5.2 | 10.8 | 4.4 |
| Inventory | 2.2 | 10.0 | 14.7 | 10.9 | 6.9 | 6.2 | 4.8 | 4.5 |
| Other Current Assets | 22.9 | 25.5 | 16.2 | 15.8 | 3.7 | 9.0 | 4.5 | 2.9 |
| Total Current Assets | 94.6 | 84.1 | 97.2 | 85.7 | 51.2 | 32.7 | 31.5 | 24.0 |
| Non-Current Assets | ||||||||
| Property, Plant & Equipment | 24.6 | 38.7 | 90.9 | 48.6 | 12.8 | 13.7 | 14.0 | 7.5 |
| Goodwill | 127.8 | 135.2 | 171.6 | 165.7 | 169.1 | 139.7 | 139.6 | 140.9 |
| Intangible Assets | 66.5 | 100.9 | 120.1 | 137.2 | 136.9 | 97.3 | 102.0 | 107.1 |
| Long-Term Investments | 0 | 0 | 0.8 | 0 | 3.0 | 0 | 0 | 0 |
| Other Non-Current Assets | 32.1 | 44.4 | 48.0 | 45.5 | 45.6 | 39.5 | 38.5 | 18.8 |
| Total Non-Current Assets | 251.0 | 319.2 | 431.4 | 397.0 | 364.3 | 290.1 | 294.1 | 274.3 |
| Total Assets | 345.6 | 403.4 | 528.7 | 482.7 | 415.5 | 322.8 | 325.7 | 298.3 |
| Current Liabilities | ||||||||
| Account Payables | 26.3 | 27.0 | 19.1 | 16.2 | 14.9 | 18.3 | 16.8 | 9.8 |
| Short-Term Debt | 5.2 | 8.7 | 8.1 | 3.0 | 3.9 | 6.8 | 3.6 | 3.5 |
| Deferred Revenue | 19.3 | 25.9 | 34.7 | 32.0 | 22.7 | 0 | 0 | 0 |
| Other Current Liabilities | 13.7 | 11.5 | 16.5 | 10.1 | 20.1 | 21.4 | 27.3 | 25.3 |
| Total Current Liabilities | 116.0 | 107.9 | 92.3 | 72.8 | 65.9 | 54.9 | 56.3 | 46.4 |
| Non-Current Liabilities | ||||||||
| Long-Term Debt | 500.5 | 341.7 | 319.3 | 133.0 | 128.0 | 176.0 | 149.6 | 138.9 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 276.9 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 17.3 | 134.8 | 17.8 | 344.9 | 59.6 | 87.2 | 93.0 | 50.9 |
| Total Non-Current Liabilities | 601.6 | 606.3 | 524.5 | 618.0 | 560.1 | 263.2 | 242.7 | 189.8 |
| Total Liabilities | 717.6 | 714.2 | 616.8 | 690.8 | 626.0 | 318.1 | 299.0 | 236.2 |
| Stockholders' Equity | ||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 113.7 | 152.3 | 150.2 |
| Retained Earnings | (740.5) | (701.8) | (630.1) | (641.9) | (643.8) | (107.5) | (93.9) | (56.7) |
| Accumulated Other Comprehensive Income | 0 | 0 | (15.4) | 0 | (276.9) | (1.5) | (31.7) | (31.3) |
| Total Stockholders' Equity | (269.1) | (216.6) | (10.6) | (154.8) | (654.4) | 4.7 | 26.7 | 62.2 |
| Total Liabilities & Equity | 345.6 | 403.4 | 528.7 | 482.7 | 415.5 | 322.8 | 325.7 | 298.3 |
| Debt Metrics | ||||||||
| Total Debt | 524.7 | 379.6 | 406.6 | 170.4 | 131.9 | 182.8 | 153.2 | 142.5 |
| Net Debt | 491.0 | 362.9 | 378.9 | 138.5 | 110.6 | 171.5 | 143.8 | 131.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | (53.7) | (98.7) | (6.4) | 1.1 | (51.4) | (13.6) | (37.1) | (42.5) |
| Depreciation & Amortization | 12.0 | 17.7 | 16.9 | 15.3 | 10.2 | 7.7 | 6.4 | 3.5 |
| Stock-Based Compensation | 12.9 | 15.5 | 18.0 | 29.0 | 9.7 | 1.8 | 2.1 | 2.0 |
| Change in Working Capital | 6.9 | 5.8 | (9.3) | (1.0) | 13.4 | 7.2 | 16.7 | 21.5 |
| Other Non-Cash Items | 50.1 | 71.4 | 13.6 | 7.6 | 32.6 | (6.6) | 11.3 | 15.4 |
| Operating Cash Flow | 28.3 | 11.7 | 32.7 | 52.1 | 14.5 | (0.7) | 1.5 | 0.8 |
| Investing Activities | ||||||||
| Capital Expenditure | (3.6) | (4.7) | (9.2) | (16.1) | (4.9) | (2.9) | (7.5) | (8.5) |
| Acquisitions | 0 | (8.5) | (2.7) | 0.1 | (44.8) | (1.1) | (1.3) | (15.9) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 5.1 | (0.9) | (1.5) | 1.5 | (2.2) | (0.6) | (1.0) | 0.0 |
| Investing Cash Flow | 1.5 | (14.1) | (11.7) | (14.6) | (50.6) | (4.6) | (9.8) | (24.4) |
| Financing Activities | ||||||||
| Net Debt Issuance | 115.2 | 15.6 | 180.5 | (0.6) | (54.7) | 31.3 | 8.9 | 34.3 |
| Stock Repurchased | 0 | 0 | (50.4) | 0 | (153.5) | 0 | 0 | 0 |
| Dividends Paid | (5.7) | (5.8) | (7.1) | (16.2) | (19.6) | (73.2) | 0 | 0 |
| Other Financing Activities | (126.5) | (11.9) | (13.6) | (4.5) | (25.9) | 49.2 | (2.6) | (2.8) |
| Financing Cash Flow | (16.7) | (1.9) | (21.3) | (21.4) | 46.2 | 7.3 | 6.4 | 31.5 |
| Cash Position | ||||||||
| Net Change in Cash | 13.1 | (4.4) | (0.3) | 16.1 | 10.0 | 2.0 | (1.9) | 7.9 |
| Cash at Beginning | 32.7 | 37.1 | 37.4 | 21.3 | 11.3 | 9.3 | 11.2 | 3.3 |
| Cash at End | 45.9 | 32.7 | 37.1 | 37.4 | 21.3 | 11.3 | 9.3 | 11.2 |
| Free Cash Flow | 24.7 | 7.0 | 23.5 | 35.9 | 9.6 | (3.6) | (6.0) | (7.6) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 314.9 | 320.3 | 317.9 | 243.2 | 155.1 | 106.6 | 129.1 | 59.3 |
| Gross Profit | 238.1 | 260.9 | 219.3 | 161.0 | 100.8 | 65.4 | 73.8 | 30.0 |
| Operating Income | 79.5 | (53.6) | 34.9 | 13.3 | (30.8) | 7.8 | (21.1) | (36.2) |
| Net Income | (33.8) | (64.9) | (4.0) | 1.2 | (18.8) | (13.6) | (37.1) | (42.5) |
| EPS (Diluted) | -1.47 | -2.27 | -0.52 | -0.87 | -2.67 | -0.59 | -1.61 | -1.85 |
| Balance Sheet | ||||||||
| Cash & Equivalents | 33.7 | 16.7 | 27.8 | 32.0 | 21.3 | 11.3 | 9.3 | 11.2 |
| Total Assets | 345.6 | 403.4 | 528.7 | 482.7 | 415.5 | 322.8 | 325.7 | 298.3 |
| Total Debt | 524.7 | 379.6 | 406.6 | 170.4 | 131.9 | 182.8 | 153.2 | 142.5 |
| Stockholders' Equity | (269.1) | (216.6) | (10.6) | (154.8) | (654.4) | 4.7 | 26.7 | 62.2 |
| Cash Flow | ||||||||
| Operating Cash Flow | 28.3 | 11.7 | 32.7 | 52.1 | 14.5 | (0.7) | 1.5 | 0.8 |
| Capital Expenditure | (3.6) | (4.7) | (9.2) | (16.1) | (4.9) | (2.9) | (7.5) | (8.5) |
| Free Cash Flow | 24.7 | 7.0 | 23.5 | 35.9 | 9.6 | (3.6) | (6.0) | (7.6) |