Trade Planet Fitness Inc - PLNT CFD

Planet Fitness, Inc. Company profile

About Planet Fitness Inc

Planet Fitness, Inc. is a franchisor and operator of fitness centers in the United States. The Company operates through three segments: Franchise; Corporate-owned stores, and Equipment. The Franchise segment includes operations related to the Company's franchising business in the United States, Puerto Rico, the Dominican Republic and Canada. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada. The Equipment segment includes the sale of equipment to franchisee-owned stores. As of June 18, 2019, it had approximately 13.6 million members and 1806 stores in 50 states, the District of Columbia, Puerto Rico, Canada and the Dominican Republic.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Planet Fitness Inc revenues increased 44% to $587M. Net income totaled $42.8M vs. loss of $15M. Revenues reflect Franchise segment increase of 41% to $290.7M, Corporate-owned stores segment increase of 43% to $167.2M, International segment increase of 64% to $10.3M. Net Income reflects Interest expense decrease of 1% to $81.2M (expense).