**Summary of The Gym Group PLC 2025 Full Year Results**
The Gym Group PLC, a leading low-cost gym operator in the UK, reported strong financial and operational performance for the year ended December 31, 2025. Key highlights include
### **Financial Performance**
**Revenue Growth**Revenue increased by 8% to £244.9 million, driven by a 4% rise in average members and a 4% increase in average revenue per member per month (ARPMM).
**EBITDA Growth**Group Adjusted EBITDA grew by 13% to £98.9 million, with Group Adjusted EBITDA Less Normalised Rent up 19% to £56.7 million, reflecting strong operational efficiency.
**Profitability**Adjusted Profit before Tax surged by 194% to £10.6 million, and Statutory Profit after Tax increased by 68% to £7.4 million.
**Earnings Per Share (EPS)**Adjusted Diluted EPS rose by 83% to 5.3p, while Statutory Diluted EPS increased by 67% to 4.0p.
**Free Cash Flow**Free Cash Flow improved by 10% to £38.3 million, supporting new site openings, site enhancements, and technology investments.
**Net Debt Reduction**Non-Property Net Debt decreased by £2.0 million to £59.3 million, with Adjusted Leverage improving to 1.0x.
### **Operational Highlights**
**Membership Growth**Total membership increased by 4% to 923,000, with a 150 basis points rise in members visiting 4+ times per month, enhancing retention and revenue.
**Site Expansion**Opened 16 new sites in 2025, contributing to a Run Rate EBITDA Less Normalised Rent of approximately £65 million. 37 gyms now operate in the new, enhanced format with positive member feedback.
**Employee Engagement**Maintained high employee engagement scores, ranking in the top 5% of consumer services businesses.
**Sustainability**Achieved validation of science-based net-zero emission reduction targets by the Science Based Targets initiative (SBTi).
### **Strategic Initiatives**
**Next Chapter Growth Plan**Focused on strengthening the core business, accelerating site rollouts, and broadening growth through new channels and adjacencies.
**Technology Investment**Upgraded member management and payment systems to enhance operational efficiency and member experience.
**Partnerships**Rolled out a partnership with Wellhub, a corporate wellness platform, to access incremental demand from major employers.
### **Current Trading and Outlook**
**Strong Momentum**Revenue in January and February 2026 grew by 9% year-on-year, with like-for-like revenue up 3%. Membership increased by 8% to 999,000.
**Expansion Plans**Aiming to open at least 20 new sites in 2026 and accelerate the expansion plan to 75 sites over the next three years, funded by free cash flow.
**Share Buyback**Launched a £10 million share buyback program in January 2026, reflecting surplus financing capacity.
**Financial Guidance**Group Adjusted EBITDA Less Normalised Rent for FY26 is expected to be at the top end of analysts forecasts.
### **CEO Commentary**
Will Orr, CEO, emphasized the successful execution of the Next Chapter growth plan, strong profit performance, and significant opportunities in the growing health and fitness market. The company remains focused on delivering sustained growth, enhancing member experience, and creating value for shareholders.
### **Conclusion**
The Gym Group PLC demonstrated robust financial and operational performance in 2025, underpinned by strategic initiatives, operational efficiency, and a strong market position. The company is well-positioned for continued growth, with a clear strategy and strong momentum heading into 2026.