Xponential Fitness(US:XPOF)2022-03-11 18:37Xponential Fitness Overview - Xponential Fitness operates in the boutique fitness industry, estimated to be over $20 billion[8] - The company has over 2,100 global studios open and over 4,400 global licenses sold[18] - System-wide sales reached $710 million in 2021, a 60% increase compared to 2020[18] - The total membership base is approximately 449,000, a 49% increase compared to 2020[18] Financial Performance and Growth - Xponential Fitness reported $155 million in revenue for 2021, with over 75% being recurring[56] - The company's Q4 2021 run-rate AUV (Average Unit Volume) was $446,000, a 56% increase compared to Q4 2020[18] - Same store sales increased by 41% in 2021[58] - Adjusted EBITDA for 2021 was $27 million[68] Expansion and Future Outlook - Xponential Fitness anticipates opening between 500 and 520 new franchised studios globally in 2022[89] - The company projects North American system-wide sales between $995 million and $1005 million in 2022[89] - Revenue for 2022 is projected to be between $201 million and $211 million[89] - Adjusted EBITDA is projected to be between $67 million and $71 million in 2022[89]