Basic-Fit N.V. Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022
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Basic-Fit N.V. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was EUR 354.61 million compared to EUR 52.96 million a year ago. Revenue was EUR 354.61 million compared to EUR 52.96 million a year ago. Net loss was EUR 28.05 million compared to EUR 125.63 million a year ago. Basic loss per share from continuing operations was EUR 0.42 compared to EUR 2.02 a year ago. Diluted loss per share from continuing operations was EUR 0.42 compared to EUR 2.02 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%).