Xponential Fitness Inc

For the period ended Mar 31, 2024. Filed May 6, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 6, 2024

XPOF$4.74+1.9%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

	Three Months Ended March 31,
	2024	2023
Revenue, net:
Franchise revenue	$41,754	$32,966
Equipment revenue	13,900	13,094
Merchandise revenue	8,173	7,164
Franchise marketing fund revenue	7,832	6,211
Other service revenue	7,862	11,255
Total revenue, net	79,521	70,690
Operating costs and expenses:
Costs of product revenue	14,391	14,035
Costs of franchise and service revenue	5,121	4,032
Selling, general and administrative expenses (Note 10)	37,155	34,885
Depreciation and amortization	4,436	4,197
Marketing fund expense	6,515	5,006
Acquisition and transaction expenses	4,515	15,742
Total operating costs and expenses	72,133	77,897
Operating income (loss)	7,388	(7,207)
Other (income) expense:
Interest income	(363)	(636)
Interest expense	11,545	7,977
Other expense	609	554
Total other expense	11,791	7,895
Loss before income taxes	(4,403)	(15,102)
Income tax benefit	(47)	(123)
Net loss	(4,356)	(14,979)
Less: net loss attributable to noncontrolling interests	(1,489)	(4,996)
Net loss attributable to Xponential Fitness, Inc.	$(2,867)	$(9,983)
Net loss per share of Class A common stock:
Basic	$(0.30)	$(1.38)
Diluted	$(0.30)	$(1.38)
Weighted average shares of Class A common stock outstanding:
Basic	31,125	30,754
Diluted	31,125	30,754

ContentsView on SEC.gov

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