$Xponential Fitness (XPOF.US)$After listing in 2021, revenue...
$Xponential Fitness(XPOF.US$After listing in 2021, revenue grew rapidly to reach 245 million in two years, and operating profit reversed losses to reach 0.17.6 million in 2022, while net profit was affected by high interest expenses only reached 2.88 million. Although minority shareholders contributed 19 million, after deducting 44 million in preferred stock dividends, common shareholders lost 0.2 billion. Preferred shares are hidden liabilities, and you must keep an eye out for them.
Currently, the balance ratio has reached 143%, the net assets are negative at 210 million, and the goodwill is still 300 million. The current profitability still lacks investment value.
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