Brazil · Delayed Price · Currency is BRL Smartfit Escola de Ginástica e Dança Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw robust revenue and EBITDA growth, driven by network expansion, TotalPass, and asset-light businesses. Margins reached record highs, while disciplined capital allocation supported ongoing expansion. The company remains confident in its growth outlook despite competitive pressures.
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Q1 2026 saw record revenue and profitability, with strong membership growth and network expansion. TotalPass and international operations drove margin gains, while disciplined capital allocation and operational efficiency supported robust cash flow and reduced leverage.
Fiscal Year 2025
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Record expansion and revenue growth in 2025, with 341 new clubs and net revenue up 30% year-over-year. TotalPass and international operations drove diversification and market share gains, while disciplined capital allocation and operational efficiency supported strong profitability and outlook for 2026.
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Q3 2025 results exceeded expectations with strong retention, higher operating margins, and robust cash flow. Dash AI product launched in self-serve and integrated forms, driving early engagement, while share repurchases and disciplined capital allocation continued. Guidance for FY25 was raised on revenue and margins.
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TotalPass profitability and scale are improving, with expansion flexibility across Latin America and renewed growth in the high-end segment. CapEx efficiency initiatives and a strong competitive position support continued growth.
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Achieved 33% year-over-year revenue growth and record EBITDA, driven by robust expansion and strong membership gains. Mature units delivered high margins and ROIC, while disciplined capital allocation supported continued network growth.