Increase of membership base by 200 thousand in the quarter to 2.21 million

Q3 HIGHLIGHTS

Number of memberships increased 10% to 2.21 million from 2.01 million at the end of H1 2021
Number of clubs increased to 995; up 93 clubs year on year (Q3 2020: 902 clubs)
Q3 2021 revenue of €133 million, almost similar to same period last year
€428 million available liquidity

RENE MOOS, CEO BASIC-FIT
“The third quarter was the first quarter in two years’ time in which all our clubs were open. The recovery of the membership base after the reopening of our clubs continued despite the pass sanitaire in France, which has a negative effect both on joiner numbers and cancellations. The net increase of our membership base by 200,000 in the quarter is a great achievement.

The positive development of our membership base and the increased vaccination rates in our countries give us further confidence to continue with our accelerated club rollout plans.

Early October we reached an important milestone with the opening of our 1,000th club. We remain on track to reach the 1,250 clubs mark by the end of 2022”.

211027 Basic-Fit press release - BASIC-FIT REPORTS FURTHER RECOVERY OF MEMBERSHIP BASE.pdf
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