**Summary of The Gym Group PLCs 2025 Interim Results**
The Gym Group PLC, a leading low-cost gym operator in the UK, reported strong interim results for the six months ended 30 June 2025, showcasing continued progress in its **Next Chapter growth plan**. Key highlights include
### **Financial Performance**
**Revenue Growth**Revenue increased by **8%** to £121.0 million, driven by a **4%** rise in average members and a **4%** increase in average revenue per member per month (ARPMM). Like-for-like revenue grew by **3%**.
**EBITDA Growth**Group Adjusted EBITDA rose by **16%** to £48.3 million, while **Group Adjusted EBITDA Less Normalised Rent** surged by **24%** to £27.4 million, outpacing cost inflation.
**Profitability**Adjusted Profit before tax increased significantly to **£4.9 million** (from £0.5 million in H1 2024), and Statutory Profit before tax rose to **£3.3 million** (from £0.2 million).
**Free Cash Flow**Strong free cash flow of **£25.1 million** (up **8%**) funded new sites, enhancements to existing sites, and technology investments.
**Net Debt Reduction**Non-Property Net Debt decreased to **£51.2 million** (from £54.6 million in H1 2024), with Adjusted Leverage improving to **1.0x**.
### **Operational Highlights**
**Site Expansion**Opened **5 new sites** in H1 2025, with **8 more in progress**, and on track to open **14-16 new sites** in 2025, part of a plan to open **~50 sites over three years**.
**Member Engagement**High member satisfaction with **94%** rating The Gym Group 4 or 5 out of 5. The proportion of members visiting 4+ times a month increased by **108 basis points**.
**Strategic Initiatives**Focus on data-driven revenue growth, targeted marketing to Gen Z, and enhanced site experiences. Refurbishment program to retrofit existing sites with new design features.
### **Current Trading & Outlook**
**Trading Momentum**Continued strong performance in July and August, with confidence in delivering **~3% like-for-like revenue growth** for the full year.
**EBITDA Guidance**Expect full-year **Group Adjusted EBITDA Less Normalised Rent** to be at the **top end of analysts forecast range** (£50.6m-£52.8m).
### **CEO Commentary**
CEO Will Orr emphasized the success of the **Next Chapter growth plan**, highlighting the companys **high value, low cost** proposition and its resonance with members. New sites with updated designs are performing ahead of expectations, and the company is well-positioned for sustained growth in a growing sector.
### **Conclusion**
The Gym Groups H1 2025 results demonstrate robust financial and operational performance, underpinned by strategic initiatives and a focus on member satisfaction. With a strong pipeline of new sites and continued investment in technology and design, the company is on track to meet its growth targets and deliver value to shareholders.