Report
Robert Jan Vos

Basic-Fit N.V. : Q3 2024 in line with forecasts; membership price increase; franchise 2025

>Report on key items in line with our forecasts for Q3 2024 - Basic-Fit had 1,570 clubs open at the end of Q3 2024, which is four more clubs than our forecast. Memberships amounted to 4.20m, pretty much in line with our forecast of 4.22m memberships. Basic-Fit reported net revenue of € 307m in Q3 2024, a notch below our forecast of € 310m. The yield (average monthly revenue per member) came in at € 23.86, in line with our forecast of € 23.85. Basic-Fit said that membe...
Underlying
Basic-Fit NV

Basic-Fit NV is an operator of fitness centers based in the Netherlands. The Company operates more than 350 fitness clubs in the Netherlands, Belgium, France and Spain.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Robert Jan Vos

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