Xponential Fitness, Inc.

Xponential Fitness, Inc. reported a net loss of $53.7 million for fiscal year 2025, an improvement from a $98.7 million net loss in 2024. Total revenue was $314.9 million, with operating income of $19.8 million. The company generated positive operating cash flow of $28.3 million. Key challenges included a $32.7 million impairment of goodwill and other noncurrent assets and a $27.3 million loss on debt extinguishment. The balance sheet shows total assets of $345.6 million against total liabilities of $717.6 million, resulting in a stockholders' deficit of $372.0 million. The company faces ongoing government investigations and risks related to its substantial indebtedness of $525.0 million.

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