Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2][3] Group 2 - The company is committed to using technology to enhance workflows and has adopted various automation and software tools, including generative AI [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Company Highlights - Xponential Fitness boasts over $1.7 billion in system-wide sales[20] - The company reported $318 million in revenue[20] - Adjusted EBITDA reached $114 million[20] - The company has over 850,000 members[20] System-Wide Sales Breakdown - StretchLab accounts for 57% of system-wide sales[21] - Club Pilates contributes 10% to system-wide sales[21] - Pure Barre represents 15% of system-wide sales[21] - YogaSix makes up 13% of system-wide sales[21] - All other brands collectively account for 5% of system-wide sales[21] International Expansion - International business currently accounts for 4% of revenue and 5% of Adjusted EBITDA, projected to grow to 8% and 10% respectively in 5 years[69] Financial Targets - The company targets 10% annual growth in net new studio openings and Adjusted EBITDA[117] - The company is aiming for a 40%-45% Adjusted EBITDA margin[117] - The company is aiming for a 50%-60% Levered Free Cash Flow Conversion of Adjusted EBITDA[117]

Summary of Exponential Fitness (XPOF) 2025 Investor Day Industry Overview - The boutique fitness and wellness industry is currently valued at $40 billion and is projected to grow to $85.9 billion by 2030, indicating a strong demand for community-driven personalized wellness experiences [4][22]. Company Highlights - Exponential Fitness is a leading global franchise in boutique fitness and wellness, operating over 3,300 studios worldwide across eight brands [5][22]. - The company aims to be the best franchisor in the fitness space, focusing on a world-class member experience, data-driven strategies, and international expansion [6][15]. Leadership and Strategic Changes - The company experienced leadership changes, including the departure of the Founder CEO, leading to a focus on stabilizing the business and building a new leadership team [7][10]. - The new leadership is tasked with three main objectives: stabilize the business, build a new leadership team, and create a forward-looking growth plan [10]. Financial Performance - System sales reached over $1.7 billion, with company revenue of $318 million and adjusted EBITDA of $114 million in the last twelve months [23]. - Club Pilates, the crown jewel of the portfolio, generated system-wide sales of $1.2 billion and has an average studio AUV of $1 million [46][50]. Core Brands and Growth Strategies - The four core brands highlighted are: 1. **Yoga Six**: 200 studios, strong same-store sales growth of 5%, and a focus on yoga teacher training [25][26]. 2. **Pure Bar**: Dominates the bar studio market with 620 locations, showing a 50% increase in Google searches year-over-year [29][30]. 3. **StretchLab**: Positioned in the wellness space, focusing on educating consumers about the benefits of assisted stretching [35][37]. 4. **Club Pilates**: Fastest-growing brand with 98% booking capacity, indicating significant growth potential [46][48]. Marketing and Consumer Engagement - The company plans to enhance its digital presence and marketing strategies to better engage with its 850,000 members [56][62]. - A full-funnel marketing strategy will be implemented to drive brand awareness and member retention [64]. Partnerships and Collaborations - Exponential Fitness is focusing on strategic partnerships that benefit the company, its partners, and franchisees, including collaborations with ClassPass and health service partners [67][68]. - A recent partnership with Lululemon resulted in significant leads and new memberships, showcasing the potential of strategic collaborations [72]. Franchisee Support and Development - The company is shifting to a franchisee-first mindset, emphasizing communication, training, and operational support to enhance franchisee success [78][82]. - A robust training program and a franchise management system are being developed to streamline operations and improve performance tracking [80][81]. Future Outlook - Exponential Fitness aims to evolve into a world-class franchisor, focusing on operational excellence, franchisee support, and sustainable growth [52][88]. - The company is exploring new studio formats and technology enhancements to improve the customer experience and operational efficiency [42][44]. Conclusion - Exponential Fitness is positioned for significant growth in the booming boutique fitness industry, with a strong focus on franchisee support, innovative marketing strategies, and expanding its core brands to capture a larger market share [6][15][52].

Studio Operations and Growth - As of March 31, 2025, the company had 3,298 studios operating globally, an increase from 3,079 studios as of March 31, 2024, representing a growth of approximately 7.1%[163] - The number of North America franchisee-owned studios increased from 2,646 in Q1 2024 to 2,805 in Q1 2025, reflecting a growth of 6%[178] - The company has 1,509 additional studios contractually committed to open under existing franchise agreements in North America as of March 31, 2025[163] - New studio openings in North America totaled 93 in Q1 2025, compared to 85 in Q1 2024, reflecting a growth strategy focus[178] - The total number of operating studios globally increased to 3,298 in Q1 2025 from 3,079 in Q1 2024, marking a growth of 7.1%[179] Financial Performance - System-wide sales for the three months ended March 31, 2025, reached $466.8 million, compared to $396.4 million for the same period in 2024, reflecting a year-over-year increase of approximately 17.7%[173] - Total revenue for Q1 2025 was $76.883 million, a decrease of 3.5% compared to $79.693 million in Q1 2024[188] - Operating income for Q1 2025 was $9.679 million, representing an increase of 21% from $7.994 million in Q1 2024[188] - The company reported a net loss of $2.659 million for Q1 2025, an improvement from a net loss of $3.750 million in Q1 2024[188] - For the three months ended March 31, 2025, the adjusted EBITDA was $27.3 million, a decrease of 8.8% from $29.9 million in the same period of 2024[212] Revenue Breakdown - Franchise revenue increased to $43.9 million, up $2.1 million, or 5%, driven by higher same store sales and an increase in operating studios[2] - Equipment revenue decreased by $2.8 million, or 20%, to $11.1 million, primarily due to a decline in global equipment installations[3] - Merchandise revenue fell to $6.3 million, down $2.1 million, or 25%, attributed to lower demand from studios[4] - Franchise marketing fund revenue rose to $9.3 million, an increase of $1.4 million, or 18%, due to higher same store sales in North America[5] Restructuring and Costs - The company recognized total restructuring charges of $2.4 million for the three months ended March 31, 2025, compared to $6.8 million for the same period in 2024, showing a reduction of approximately 64.7%[167] - The company expects to incur additional restructuring charges throughout 2025, estimated between $5.2 million to $9.0 million, related to lease terminations and other restructuring costs[168] - Total operating costs and expenses decreased by $4.5 million, or 6.3%, to $67.2 million, with significant reductions in costs of product revenue and franchise service revenue[6] - Selling, general and administrative expenses increased by $8.9 million, or 24%, to $45.5 million, primarily due to higher legal expenses and salaries[7] Cash Flow and Financing - Cash provided by operating activities increased to $5.8 million for the three months ended March 31, 2025, compared to $2.7 million in the same period of 2024, reflecting a $3.1 million increase[221] - Cash used in investing activities decreased significantly to $1.0 million in the three months ended March 31, 2025, from $9.2 million in the same period of 2024, primarily due to lower acquisition costs[222] - Cash provided by financing activities was $5.0 million for the three months ended March 31, 2025, compared to cash used of $3.4 million in the same period of 2024, marking an $8.4 million change[223] - The total principal amount outstanding on the Term Loans, including exit fee, was $379.1 million as of March 31, 2025[218] - The company entered into an eighth amendment to the Credit Agreement, extending the final maturity date to August 1, 2027, and providing for additional term loans of $10.0 million[217] Market Challenges and Future Outlook - Same store sales growth for the three months ended March 31, 2025, was 4%, down from 9% in the same period of 2024[173] - The company paused offering or selling franchises in California and Maryland due to compliance investigations, which may adversely affect anticipated royalty or franchise revenue[165] - The company sold 21 new franchise licenses globally during the three months ended March 31, 2025, compared to 173 in the same period of 2024, indicating a significant decline in new franchise sales[173] - The number of licenses contractually obligated to open internationally indicates potential future studio openings, although one third of global license obligations are over 12 months behind schedule[181][182]

A Leading Global Franchisor of Boutique Health & Wellness Brands Q1 2025 FINANCIAL RESULTS As of March 31, 2025 Reported on May 8, 2025 LEGAL DISCLAIMER The information contained in this presentation is provided solely for the purpose of acquainting the readers with Xponential Fitness, Inc. (the "Company," "Xponential" or "we") and its business operations, strategies and financial performance. This presentation and any accompanying oral statements is not an offer to sell nor is it a solicitation of any offe ...

Core Insights - Xponential Fitness reported a revenue of $76.88 million for the quarter ended March 2025, reflecting a decrease of 3.3% year-over-year, with an EPS of -$0.20 compared to $0.16 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $76.07 million by 1.07%, while the EPS fell short of the consensus estimate of $0.15 by 233.33% [1] Financial Performance Metrics - Same store sales increased by 4%, slightly below the average estimate of 4.8% from five analysts [4] - Franchise revenue was reported at $43.89 million, which is lower than the average estimate of $44.44 million but shows a year-over-year increase of 5.1% [4] - Revenue from the franchise marketing fund reached $9.27 million, exceeding the average estimate of $8.49 million, with an 18.4% year-over-year increase [4] - Merchandise revenue was reported at $6.26 million, surpassing the average estimate of $5.94 million, but reflecting a significant decline of 23.5% year-over-year [4] - Other service revenue was $6.36 million, slightly below the average estimate of $6.61 million, with a year-over-year decrease of 19.1% [4] - Equipment revenue was reported at $11.10 million, exceeding the average estimate of $9.95 million, but showing a decline of 20.1% year-over-year [4] Stock Performance - Xponential Fitness shares have returned +9% over the past month, compared to a +11.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [3]

Company Performance - Xponential Fitness reported a quarterly loss of $0.20 per share, missing the Zacks Consensus Estimate of $0.15, and compared to earnings of $0.16 per share a year ago, representing an earnings surprise of -233.33% [1] - The company posted revenues of $76.88 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.07%, but down from $79.52 million year-over-year [2] - Over the last four quarters, Xponential Fitness has not been able to surpass consensus EPS estimates, and it has topped consensus revenue estimates three times [2] Stock Outlook - Xponential Fitness shares have lost about 37.2% since the beginning of the year, significantly underperforming the S&P 500's decline of -4.3% [3] - The current consensus EPS estimate for the coming quarter is $0.18 on revenues of $78.22 million, and for the current fiscal year, it is $0.79 on revenues of $319.75 million [7] - The estimate revisions trend for Xponential Fitness is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] Industry Context - The Leisure and Recreation Services industry, to which Xponential Fitness belongs, is currently in the bottom 29% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]

Financial Data and Key Metrics Changes - North American system-wide sales reached $467 million, an 18% increase year over year [6][17] - Quarterly run rate average unit volumes in North America increased by 8% year over year to $659,000 [7][17] - Total members at the end of the quarter stood at 865,000, up 12% year over year, with same-store sales increasing by 4% [8][17] - Consolidated revenue for the quarter was $76.9 million, down 4% from $79.7 million in the prior year [17] - Adjusted EBITDA for the quarter was $27.3 million, down 9% compared to $29.9 million in the prior year [27] Business Line Data and Key Metrics Changes - Franchise revenue for the quarter was $43.9 million, up 5% year over year, driven by increased royalty revenue [18] - Equipment revenue declined by 20% year over year to $11.1 million, primarily due to a 22% decrease in North American installations [19] - Merchandise revenue decreased by 25% year over year to $6.3 million, attributed to lower sales volumes and price discounts [19] - Franchise marketing fund revenue increased by 18% year over year to $9.3 million, supported by growth in system-wide sales [20] Market Data and Key Metrics Changes - The company opened 116 new studios globally during Q1, with 93 in North America and 23 internationally [14] - The total number of global open studios reached 3,298, with an annualized closure rate of 6% [14] - The company sold 21 licenses during Q1, all internationally, primarily in Club Pilates [15] Company Strategy and Development Direction - The company is focusing on optimizing operations and franchisee health while preparing for long-term success [6][12] - A new field operations function is being launched, with plans to have 12 field managers in place across North America by quarter end [10][11] - The company is actively selling in the majority of the 14 registration states under FDD registration or exemption [11] Management's Comments on Operating Environment and Future Outlook - Management indicated that 2025 will be a year of stabilization, with no degradation in the overall financial health of the business [38][39] - The company is lowering guidance on global net new studio openings while reiterating guidance for system-wide sales and total revenue [29][30] - Management expressed confidence in the health of the franchisee and the execution of operational improvements [39] Other Important Information - The company is undergoing a transformation from an aggressive sales focus to building a foundation of efficiency and effectiveness [35] - Legal judgments and settlements have increased SG&A expenses significantly, with an additional accrual of $15 million recorded [22][23] Q&A Session Summary Question: What are the overarching themes for the next few months? - Management emphasized the transformation towards efficiency and effectiveness, focusing on franchisee support and operational audits [35][36] Question: What is the outlook for studio openings? - Club Pilates is expected to account for over half of the new openings this year, with strong performance anticipated in Yoga Six and Pure Barre [40][44] Question: What is driving the increase in closure rates? - Closures are primarily concentrated in Cycle Bar and StretchLab, with expectations for similar distribution throughout the year [48] Question: How will the new field operations team impact the business? - The field ops team will focus on supporting struggling franchisees and ensuring adherence to operational standards [55][100] Question: What is the impact of tariffs on the business? - The direct impact of tariffs is minimal, affecting only 20% of revenue, with ongoing efforts to mitigate costs [85][86] Question: What changes were made in the franchise disclosure documents? - The company has made adjustments to build-out costs, which have been positively received by franchisees [94][95]

Financial Data and Key Metrics Changes - North American system-wide sales reached $467 million, an 18% increase year over year [6][17] - Quarterly run rate average unit volumes increased to $659,000, up 8% year over year [6][17] - Total members increased to 865,000, a 12% rise year over year, with same-store sales up 4% [7][17] - Consolidated revenue for the quarter was $76.9 million, down 4% from $79.7 million in the prior year [17] - Adjusted net loss for the quarter was $7.7 million, translating to a loss of $0.20 per basic share [28] Business Line Data and Key Metrics Changes - Franchise revenue increased to $43.9 million, up 5% year over year, driven by higher royalty revenue [19] - Equipment revenue declined by 20% year over year to $11.1 million, primarily due to a 22% decrease in North American installations [20] - Merchandise revenue fell 25% year over year to $6.3 million, attributed to lower sales volumes and price discounts [20] - Franchise marketing fund revenue rose 18% year over year to $9.3 million, reflecting growth in system-wide sales [21] Market Data and Key Metrics Changes - The company opened 116 new studios globally during Q1, with 93 in North America and 23 internationally [14] - The total number of global open studios reached 3,298, with a closure rate of approximately 1.5% [14] - The company anticipates global net new studio openings to range from 160 to 180, a 29% decrease at the midpoint from the prior year [31] Company Strategy and Development Direction - The company is focusing on transforming its operations to enhance efficiency and effectiveness, particularly in franchisee support [36][39] - A new field operations function is being launched, with plans to have 12 field managers in place across North America [10] - The company is actively working to support its master franchisee base internationally, with a focus on markets like Spain, Portugal, France, Japan, and Australia [12] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the need for stabilization in 2025, with expectations for flat revenue and EBITDA compared to 2024 [39] - The company is confident in its operational health and believes that improvements will lead to growth in the future [40] - Management is closely monitoring consumer behavior and has not seen any significant shifts, maintaining expectations for same-store sales growth in the mid-single digits [92][95] Other Important Information - The company has entered into lease settlement agreements totaling approximately $30.7 million, with most liabilities expected to be settled in 2025 [24] - The anticipated interest expense for 2025 is approximately $49 million, with a tax rate expected to be in the mid to high single digits [33] Q&A Session Summary Question: What are the overarching themes for the next few months? - The company is undergoing a transformation to build a foundation of efficiency and effectiveness, focusing on franchisee support and operational audits [36][38] Question: How many of the new openings will be from Club Pilates? - Club Pilates will account for over half of the new openings and license sales this year [46] Question: What is the expected closure rate for the year? - The company expects a closure rate of 6% to 8%, primarily from Cycle Bar and StretchLab [50] Question: How will the field operations team impact the business? - The field operations team will focus on supporting struggling franchisees and ensuring adherence to operational standards [58][60] Question: What is the company's approach to marketing for StretchLab? - The company has doubled local marketing spend for StretchLab and is considering additional investments to drive leads [69] Question: What factors are impacting the revised unit outlook for the year? - The lack of license sales in Q4 and Q1 has created a bottleneck, along with higher closures than anticipated [76][77]

Exhibit 99.1 Financial Highlights: Q1 2025 Compared to Q1 20243 "Xponential delivered results in line with our expectations this quarter, supported by solid KPIs, while successfully completing our updated financing agreement and making significant progress on the renewals of our Franchise Disclosure Documents," said Mark King, CEO of Xponential Fitness, Inc. "Our team continues to enhance operations and focus upon Xponential's franchisee-first strategy. We look forward to sharing further detail at our upcom ...