Basic-Fit N.V. Reports Earnings Results for the Full Year Ended December 31, 2020
March 08, 2021
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Basic-Fit N.V. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was EUR 376.811 million compared to EUR 515.159 million a year ago. Operating loss was EUR 118.172 million compared to operating Income of EUR 53.887 million a year ago. Net loss was EUR 125.188 million compared to net income of EUR 11.048 million a year ago. Basic loss per share from continuing operations was EUR 2.17 compared to basic earnings per share from continuing operations of EUR 0.2 a year ago.
Basic-Fit N.V. specializes in operating a chain of fitness clubs. Net sales break down by activity as follows:
- fitness clubs operation (96.4%). At the end of 2023, the group had 3.8 million members in 1,402 clubs located in the Netherlands (237), France (781), Belgium (223), Spain (139), Germany (12) and Luxembourg (10);
- other (3.6%): personal trainer services, sale of energy drinks and nutritional bars, etc.
Net sales are distributed geographically as follows: the Netherlands (23.9%), France (48.5%), Belgium (20.3%), Spain (5.7%) and Luxembourg (1.6%).
BASIC-FIT N.V. 
