UK's Gym Group 2025 revenue rises, helped by membership growth

GYM

11/03/2026 07:12

Overview

UK low cost gym operator's 2025 revenue grew 8% yr/yr, slightly missing analyst expectations

Adjusted EPS and Adjusted EBITDA for 2025 beat analyst expectations

Company launched £10 mln share buyback and plans to open 75 new gyms in three years

Outlook

Gym Group expects FY26 Group Adjusted EBITDA Less Normalised Rent at top end of forecast range

Company plans at least 20 new site openings in 2026, targeting c.75 sites over three years

Result Drivers

MEMBERSHIP GROWTH - Higher average membership numbers and a 4% increase in average revenue per member per month drove revenue growth

NEW SITE PERFORMANCE - Opened 16 new gyms in 2025, with new and enhanced format sites contributing to revenue and profit growth

COST CONTROL - Profitability benefited from tight control of operating costs, including energy efficiency and marketing spend

Company press release: ID:nRSK1143Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
GBP 244.90 mln
GBP 244.94 mln (9 Analysts)
FY Adjusted EPS
Beat
GBP 0.05
GBP 0.04 (9 Analysts)
FY EPS
GBP 0.04
FY Net Income
GBP 7.40 mln
FY Adjusted EBITDA
Beat
GBP 98.90 mln
GBP 97.55 mln (9 Analysts)
FY Adjusted Pretax Profit
GBP 10.60 mln
FY Free Cash Flow
GBP 38.30 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the leisure & recreation peer group is "buy"

Wall Street's median 12-month price target for GYM Group PLC is GBp227.50, about 30.1% above its March 10 closing price of GBp174.80

The stock recently traded at 37 times the next 12-month earnings vs. a P/E of 33 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)