## Founding Date | 1992 |

## Total Funding | $550 m |

## Investors | Atlantic Street Capital |

Planet Fitness revenue breakdown by business segment: 30.8% from Franchise, 27.7% from Corporate-owned Stores and 41.5% from Equipment

USD | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|

## Revenue | 279.8m | 330.5m | 378.2m | 429.9m | 572.9m | 688.8m | 406.6m |

| 18% | 14% | |||||

## Cost of goods sold | 100.3m | 113.5m | 122.3m | 129.3m | 162.6m | 194.4m | |

## Gross profit | 179.5m | 217.0m | 255.9m | 300.7m | 410.3m | 494.4m | |

| 64% | 66% | 68% | 70% | 72% | 72% | |

## General and administrative expense | 35.1m | 55.6m | 50.0m | 60.4m | 72.4m | 78.8m | 68.6m |

## Operating expense total | 35.1m | 144.9m | 140.3m | 153.1m | 226.2m | 261.3m | 68.6m |

## Depreciation and amortization | 32.2m | 31.5m | 31.8m | 35.3m | 44.3m | 53.8m | |

## EBIT | 61.5m | 72.1m | 115.7m | 147.5m | 184.0m | 233.1m | 59.8m |

| 22% | 22% | 31% | 34% | 32% | 34% | 15% |

## Interest expense | 21.8m | 24.5m | 27.1m | 35.3m | 52.2m | 59.9m | |

## Interest income | 4.7m | 7.1m | 2.9m | ||||

## Pre tax profit | 38.5m | 47.3m | 89.9m | 429.2m | 131.8m | 173.2m | (14.5m) |

## Income tax expense | 1.2m | 9.1m | 18.7m | 373.6m | 28.6m | 37.8m | 687.0k |

## Net Income | 37.3m | 18.5m | 21.5m | 33.1m | 88.0m | 117.7m | (15.2m) |

- Source: SEC Filings

- Source: SEC Filings

USD | Y, 2012 | Y, 2013 | Y, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|

## Cash | 9.5m | 31.3m | 43.3m | 31.4m | 40.4m | 113.1m | 289.4m | 436.3m | 439.5m |

## Accounts Receivable | 7.9m | 37.3m | 39.0m | 42.3m | 16.4m | ||||

## Prepaid Expenses | 3.9m | 4.9m | 8.0m | 11.9m | |||||

## Inventories | 4.6m | 1.8m | 2.7m | 5.1m | 877.0k | 473.0k | |||

## Current Assets | 72.9m | 91.2m | 177.0m | 388.5m | 540.1m | 566.8m | |||

## PP&E | 56.1m | 61.2m | 83.3m | 114.4m | 145.5m | 160.7m | |||

## Goodwill | 177.0m | 177.0m | 177.0m | 199.5m | 227.8m | 227.8m | |||

## Total Assets | 699.2m | 1.0b | 1.1b | 1.4b | 1.7b | 1.8b | |||

## Accounts Payable | 24.0m | 28.5m | 28.6m | 30.4m | 21.3m | 19.4m | |||

## Short-term debt | 7.2m | 12.0m | 17.5m | 17.5m | |||||

## Current Liabilities | 66.3m | 83.3m | 112.0m | 131.4m | 145.5m | 111.9m | |||

## Long-term debt | 696.6m | 1.2b | 1.8b | 1.9b | |||||

## Non-Current Liabilities | 634.0m | 1.1b | 1.1b | 1.6b | 2.3b | 2.4b | |||

## Total Debt | 7.2m | 12.0m | 1.9b | 1.9b | |||||

## Total Liabilities | 700.3m | 1.2b | |||||||

## Additional Paid-in Capital | 352.0k | 34.5m | 12.1m | 19.7m | 29.8m | 45.7m | |||

## Retained Earnings | (14.0m) | (164.1m) | (131.0m) | (394.4m) | (736.6m) | (751.6m) | |||

## Total Equity | (214.8m) | (136.9m) | (382.8m) | (707.8m) | (705.7m) | ||||

## Debt to Equity Ratio | -0.1 x | 0 x | |||||||

## Debt to Assets Ratio | 0 x | 0 x | |||||||

## Financial Leverage | -4.7 x | -8 x | -3.5 x | -2.4 x | -2.6 x |

- Source: SEC Filings

- Source: SEC Filings

USD | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|

## Net Income | 38.1m | 71.2m | 55.6m | 103.2m | 135.4m | (15.2m) |

## Depreciation and Amortization | 32.2m | 31.5m | 31.8m | 35.3m | 44.3m | 53.8m |

## Accounts Receivable | (414.0k) | (7.8m) | (10.5m) | (1.9m) | (895.0k) | 23.6m |

## Inventories | (1.5m) | 2.8m | (890.0k) | (2.4m) | 4.2m | 404.0k |

## Accounts Payable | 263.0k | 7.4m | 4.2m | 14.5m | (6.3m) | (10.9m) |

## Cash From Operating Activities | 81.7m | 108.8m | 131.0m | 184.4m | 204.3m | 31.1m |

## Purchases of PP&E | (19.5m) | (15.4m) | (37.7m) | (40.9m) | (57.9m) | (52.6m) |

## Cash From Investing Activities | (19.2m) | (14.7m) | (37.0m) | (86.4m) | (110.7m) | (52.3m) |

## Long-term Borrowings | (14.8m) | (5.6m) | (7.2m) | (712.5m) | (12.1m) | (17.7m) |

## Dividends Paid | (2.0m) | (243.0k) | (234.0k) | |||

## Cash From Financing Activities | (74.2m) | (85.2m) | (21.7m) | 109.9m | 64.3m | 57.9m |

## Net Change in Cash | 72.7m | 207.1m | 158.7m | 37.0m | ||

## Interest Paid | 23.2m | 24.3m | 31.4m | 38.6m | 53.7m | 75.6m |

## Income Taxes Paid | 115.0k | (6.0m) | 3.7m | 5.0m | 10.0m | (2.2m) |

- Source: SEC Filings

- Source: SEC Filings

USD | Y, 2012 |
---|

FY, 2015 | FY, 2016 | |
---|---|---|

## Members | 7.3 m | 8.9 m |

## Stores | 1.12 k | 1.31 k |

- Source: Company Filings