Xponential Fitness Inc

NYSE:XPOFUnited States

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• Press Release: Xponential Fitness, Inc. Announces First Quarter 2024 Financial Results, from 6 minutes ago by Dow Jones

  6 minutes ago by Dow Jones
  Companies Mentioned: XPOF
  vesting 1 4 Xponential Fitness, Inc. Reconciliations of GAAP to Non-GAAP Measures (in thousands, except per share amounts) Three Months Ended March 31, -------------------------------------- 2024 2023 ------------------ ------------------ Net loss $ (4,356) $ (14,979) Interest expense, net 11,182 7,341 Income tax benefit (47) (123) Depreciation and amortization 4,436 4,197 ---------- ----------- EBITDA 11,215 (3,564) Equity-based compensation 3,942 6,056 Employer payroll taxes related to equity-based compensation 313 474 Acquisition and transaction expenses 4,515 15,742 Litigation expenses 698 2,045 Financial transaction fees and related expenses 195 1,565 TRA remeasurement 609 554 Loss on brand divestiture 279 -- Restructuring and related charges 8,064 -- ---------- ----------- Adjusted EBITDA $ 29,830 $ 22,872 ========== =========== Three Months Ended March 31, ------------------------------------ 2024 2023 ------------------ ---------------- Net loss $ (4,356) $ (14,979) Acquisition and transaction expenses 4,515 15,742 TRA remeasurement 609 554 Loss on brand divestiture 279 -- Restructuring and related charges 8,064 -- ---------- ----------- Adjusted net income $ 9,111 $ 1,317 ========== =========== Adjusted net income attributable to noncontrolling interest 3,153 496 Adjusted net income attributable to Xponential Fitness, Inc. 5,958 821 Dividends on preferred shares (1,218) (1,290) ---------- ----------- Earnings (loss) per share - basic numerator $ 4,740 $ (469) ========== =========== Add: Adjusted net income (loss) attributable to noncontrolling interest 3,153 -- Add: Dividends on preferred shares 1,218 -- ---------- ----------- Earnings (loss) per share - diluted numerator $ 9,111 $ (469) ========== =========== Adjusted net earnings (loss) per share - basic $ 0.15 $ (0.02) Weighted average shares of Class A common stock outstanding - basic 31,125 30,754 Adjusted net earnings (loss) per share - diluted $ 0.16 $ (0.02) Effect of dilutive securities: Convertible preferred stock 7,963 -- Conversion of Class B common stock to Class A common stock 16,468 -- ---------- ----------- Weighted average shares of Class A common stock outstanding - diluted 55,556 30,754 Shares excluded from diluted earnings per share of Class A common stock Restricted stock units 1,291 1,781 Convertible preferred stock -- 7,963 Conversion of Class B common stock to Class A common stock -- 16,656 Treasury share options 75 75 Rumble contingent shares 2,024 2,024 Profits interests, time vesting 1 4
  

• Xponential Fitness, Inc. Announces First Quarter 2024 Financial Results, from 8 minutes ago by Business Wire

  8 minutes ago by Business Wire
  Companies Mentioned: XPOF

  Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Company"), one of the leading global franchisors of boutique health and wellness brands, today reported financial results for the first quarter ended March 31, 2024. All financial data included in this release refer to global numbers, unless otherwise noted. All KPI information is presented on an adjusted basis to include historical information of Lindora prior to its acquisition by the Company in January 2024, and to exclude historical information of Stride prior to its divestiture by the Company in February 2024. Definitions for the non-GAAP measures and a reconciliation to the corresponding GAAP measures are included in the tables that accompany this release.

• Xponential Fitness, Inc. Announces First Quarter 2024 Financial Results, from 8 minutes ago by Dow Jones

  8 minutes ago by Dow Jones
  Companies Mentioned: XPOF
  equity-based compensation 313 474 Acquisition and transaction expenses 4,515 15,742 Litigation expenses 698 2,045 Financial transaction fees and related expenses 195 1,565 TRA remeasurement 609 554 Loss on brand divestiture 279 -- Restructuring and related charges 8,064 -- ---------- ----------- Adjusted EBITDA $ 29,830 $ 22,872 ========== =========== Three Months Ended March 31, ------------------------------------ 2024 2023 ------------------ ---------------- Net loss $ (4,356) $ (14,979) Acquisition and transaction expenses 4,515 15,742 TRA remeasurement 609 554 Loss on brand divestiture 279 -- Restructuring and related charges 8,064 -- ---------- ----------- Adjusted net income $ 9,111 $ 1,317 ========== =========== Adjusted net income attributable to noncontrolling interest 3,153 496 Adjusted net income attributable to Xponential Fitness, Inc. 5,958 821 Dividends on preferred shares (1,218) (1,290) ---------- ----------- Earnings (loss) per share - basic numerator $ 4,740 $ (469) ========== =========== Add: Adjusted net income (loss) attributable to noncontrolling interest 3,153 -- Add: Dividends on preferred shares 1,218 -- ---------- ----------- Earnings (loss) per share - diluted numerator $ 9,111 $ (469) ========== =========== Adjusted net earnings (loss) per share - basic $ 0.15 $ (0.02) Weighted average shares of Class A common stock outstanding - basic 31,125 30,754 Adjusted net earnings (loss) per share - diluted $ 0.16 $ (0.02) Effect of dilutive securities: Convertible preferred stock 7,963 -- Conversion of Class B common stock to Class A common stock 16,468 -- ---------- ----------- Weighted average shares of Class A common stock outstanding - diluted 55,556 30,754 Shares excluded from diluted earnings per share of Class A common stock Restricted stock units 1,291 1,781 Convertible preferred stock -- 7,963 Conversion of Class B common stock to Class A common stock -- 16,656 Treasury share options 75 75 Rumble contingent shares 2,024 2,024 Profits interests, time vesting 1 4