F45 Training Holdings Inc.

FXLV US

FXLV USF45 Training Holdings Inc.

United States Composite

0.10

USD

- -

-1.99EPS Dil.

-0.05P/E

9.70MMarket Cap

Profitability	2019 Y	2020 Y	2021 Y	2022 Y
Return on Common Equity (%)	- -	- -	- -	- -
Return on Assets (%)	- -	-39.37	-140.95	-105.58
Return on Capital (%)	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -
Gross Margin (%)	59.02	63.98	67.98	68.8
EBITDA Margin (%)	15.32	-4.95	-73.98	-108.78
Operating Margin (%)	14.65	-6.27	-76.49	-114.47
Incremental Operating Margin (%)	- -	- -	- -	- -
Pretax Margin (%)	-10.23	-27	-162.12	-149.82
Profit Margin (%)	-13.6	-30.72	-154.5	-171.23
Net Income to Common Margin (%)	-13.6	-30.72	-154.5	-171.23
Effective Tax Rate (%)	- -	- -	- -	- -
Dvd Payout Ratio (%)	-1,205.01	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -

Credit	2019 Y	2020 Y	2021 Y	2022 Y
Total Debt	41	242	- -	106
ST Debt	3	6	- -	- -
LT Debt	38	236	- -	106
Total Debt/EBITDA	2.88	-59.41	- -	-0.93
Net Debt/EBITDA	2.3	-52.3	0.45	-0.73
Total Debt/EBIT	3.01	-46.87	- -	-0.88
Net Debt/EBIT	2.4	-41.26	0.44	-0.7
EBITDA to Interest Expense	34.3	-0.43	-1.56	-7.58
EBITDA-CapEx/Interest Expense	31.53	-0.6	-1.67	-8.3
EBIT to Interest Expense	32.79	-0.55	-1.61	-7.98
Interest Expense	- -	9	59	15
Common Equity/Total Assets	-301.35	-223.96	-188.42	-384.08
Long-Term Debt/Equity (%)	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-34.63	356.84	- -	-23.85
Long-Term Debt/Total Assets (%)	76.01	300.81	- -	73.95
Total Debt/Equity (%)	-27.07	-71.17	- -	-246.16
Total Debt/Capital (%)	-37.3	365.68	- -	-23.87
Total Debt/Total Assets (%)	81.87	308.26	- -	74.02
Net Debt to Equity	-21.6	-62.65	-34.98	-193.84
Net Debt/Capital (%)	-27.68	572.43	10.21	-18.58
EBITDA	14	-4	-93	-114
EBITDA-CapEx	13	-6	-99	-124
Operating Income (Loss)	14	-5	-96	-120

Liquidity	2019 Y	2020 Y	2021 Y	2022 Y
Cash Ratio	0.25	0.9	0.76	0.07
Current Ratio	1.03	1.64	1.84	1.04
Quick Ratio	0.56	1.28	1.3	0.3
CFO/Avg Current Liab	- -	-0.6	-0.87	-1.53
Common Equity/Total Assets	-301.35	-223.96	-188.42	-384.08
Long-Term Debt/Equity (%)	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-34.63	356.84	- -	-23.85
Long-Term Debt/Total Assets (%)	76.01	300.81	- -	73.95
Total Debt/Equity (%)	-27.07	-71.17	- -	-246.16
Total Debt/Capital (%)	-37.3	365.68	- -	-23.87
Total Debt/Total Assets (%)	81.87	308.26	- -	74.02
CFO/Total Liabilities	4.14	-4.74	-50.08	-52.81
CFO/CapEx	7.27	-12.88	-5.72	-9.17
Altman's Z-Score	-1.48	-2.04	4.02	-6.98

Working Capital	2019 Y	2020 Y	2021 Y	2022 Y
Accounts Receivable Turnover	- -	8.45	7.88	6.5
Days Sales Outstanding	- -	43.19	46.35	56.18
Inventory Turnover	- -	6.01	5.43	1.23
Days Inventory Outstanding	- -	60.69	67.25	295.73
Accounts Payable Turnover	- -	2.19	7.38	4.88
Accounts Payable Turnover Days	- -	166.46	49.48	74.77
Cash Conversion Cycle	- -	-62.58	64.12	277.15
Inventory to Cash Days	- -	-17.5	-20.91	-239.55
Inventories	5	4	10	42
Raw Materials	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -
Finished Goods	- -	4	10	42
Other Inventory	5	- -	- -	- -

Enterprise Value	2019 Y	2020 Y	2021 Y	2022 Y
Market Capitalization	- -	- -	1,016	267
- Cash & Cash Equivalents	8	29	42	5
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -
+ Total Debt	41	242	- -	106
Enterprise Value	33	213	974	367
Total Capital	-110	66	-369	-442
Total Debt/Capital (%)	-37.3	365.68	- -	-23.87
Total Debt / EV	1.25	1.14	- -	0.29
EV/Sales	0.35	2.59	7.77	3.52
EV/EBITDA	2.3	- -	- -	- -
EV/EBIT	2.4	- -	- -	- -
EV/Cash Flow to Firm	3.68	- -	52.51	- -
EV/Free Cash Flow to Firm	3.26	- -	38.66	- -
Diluted Market Cap	- -	- -	638	266
Diluted Enterprise Value	33	213	596	366
EV per Share	0.3	7.28	10.16	3.8
TTM Sales	93	82	125	104
TTM EBITDA	14	-4	-93	-114
TTM Operating Income	14	-5	-96	-120
TTM Cash Flow to Firm	9	-9	19	-81
TTM Free Cash Flow to Firm	10	-8	25	-70

Multiples	2019 Y	2020 Y	2021 Y	2022 Y
Price/Earnings	- -	- -	- -	- -
Price/Earnings Average	- -	- -	-4.22	-3.48
Price/Earnings High	- -	- -	-4.98	-8.1
Price/Earnings Low	- -	- -	-2.92	-0.73
Price/Book Value	- -	- -	-2.75	-0.49
Price/Book Value Average	- -	- -	-3.52	-1.14
Price/Book Value High	- -	- -	-4.16	-2.65
Price/Book Value Low	- -	- -	-2.44	-0.24
Price/Tangible Book Value	- -	- -	11.67	-5.2
Price/Tangible Book Value Average	- -	- -	14.93	-12.15
Price/Tangible Book Value High	- -	- -	17.64	-28.32
Price/Tangible Book Value Low	- -	- -	10.34	-2.54
Price/Sales	- -	- -	5.1	2.55
Price/Sales Average	- -	- -	6.52	5.95
Price/Sales High	- -	- -	7.7	13.87
Price/Sales Low	- -	- -	4.51	1.25
Price/Cash Flow	- -	- -	-16.78	-2.71
Price/Cash Flow Average	- -	- -	-21.46	-6.34
Price/Cash Flow High	- -	- -	-25.36	-14.77
Price/Cash Flow Low	- -	- -	-14.87	-1.33
Price/Free Cash Flow	- -	- -	-20.33	-3.05
Price/Free Cash Flow Average	- -	- -	-26.01	-7.11
Price/Free Cash Flow High	- -	- -	-30.73	-16.58
Price/Free Cash Flow Low	- -	- -	-18.01	-1.49
EV/Sales	0.35	2.59	7.77	3.52
EV/Sales Average	0.35	2.59	10.04	6.93
EV/Sales High	0.35	2.59	11.92	14.88
EV/Sales Low	0.35	2.59	6.85	2.21
EV/EBITDA	2.3	- -	- -	- -
EV/EBITDA Average	2.3	-52.3	-13.57	-6.37
EV/EBITDA High	2.3	-52.3	-16.12	-13.68
EV/EBITDA Low	2.3	-52.3	-9.26	-2.03
EV/EBIT	2.4	- -	- -	- -
EV/EBIT Average	2.4	-41.26	-13.12	-6.06
EV/EBIT High	2.4	-41.26	-15.59	-13
EV/EBIT Low	2.4	-41.26	-8.95	-1.93
Last Price	- -	- -	10.6	2.76
High Price	- -	- -	16.02	15.03
Low Price	- -	- -	9.39	1.35
Enterprise Value	33	213	974	367
Enterprise Value Average	33	213	1,257	724
Enterprise Value High	33	213	1,493	1,554
Enterprise Value Low	33	213	858	231

Per Share Data Items	2019 Y	2020 Y	2021 Y	2022 Y
Shares Outstanding	110	29	96	97
Diluted Weighted Avg Shares	110	29	60	96
Basic Weighted Avg Shares	110	29	60	96
Revenue per Share	0.84	2.81	2.08	1.08
EBITDA per Share	0.13	-0.14	-1.54	-1.18
Operating Income per Share	0.12	-0.18	-1.59	-1.24
Basic EPS, GAAP	-0.11	-0.86	-3.21	-1.86
Basic EPS from Cont Ops	-0.11	-0.86	-3.21	-1.86
Diluted EPS, GAAP	-0.11	-0.86	-3.21	-1.86
Diluted EPS from Cont Ops	-0.11	-0.86	-3.21	-1.86
Dividend per Share	1.38	- -	- -	- -
Cash Flow per Share	0.08	-0.68	-0.63	-1.02
Free Cash Flow per Basic Share	0.07	-0.73	-0.74	-1.13
Cash & Equivalents per Share	0.08	0.99	0.44	0.05
Book Value per Share	-1.37	-6.01	-3.85	-5.67
Tangible Book Value per Share	-1.38	-11.67	0.91	-0.53

Profitability	2019 Y	2020 Y	2021 Y	2022 Y
Return on Common Equity (%)	- -	- -	- -	- -
Return on Assets (%)	- -	-39.37	-140.95	-105.58
Return on Capital (%)	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -
Gross Margin (%)	59.02	63.98	67.98	68.8
EBITDA Margin (%)	15.32	-4.95	-73.98	-108.78
Operating Margin (%)	14.65	-6.27	-76.49	-114.47
Incremental Operating Margin (%)	- -	- -	- -	- -
Pretax Margin (%)	-10.23	-27	-162.12	-149.82
Profit Margin (%)	-13.6	-30.72	-154.5	-171.23
Net Income to Common Margin (%)	-13.6	-30.72	-154.5	-171.23
Effective Tax Rate (%)	- -	- -	- -	- -
Dvd Payout Ratio (%)	-1,205.01	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -

Credit	2019 Y	2020 Y	2021 Y	2022 Y
Total Debt	41	242	- -	106
ST Debt	3	6	- -	- -
LT Debt	38	236	- -	106
Total Debt/EBITDA	2.88	-59.41	- -	-0.93
Net Debt/EBITDA	2.3	-52.3	0.45	-0.73
Total Debt/EBIT	3.01	-46.87	- -	-0.88
Net Debt/EBIT	2.4	-41.26	0.44	-0.7
EBITDA to Interest Expense	34.3	-0.43	-1.56	-7.58
EBITDA-CapEx/Interest Expense	31.53	-0.6	-1.67	-8.3
EBIT to Interest Expense	32.79	-0.55	-1.61	-7.98
Interest Expense	- -	9	59	15
Common Equity/Total Assets	-301.35	-223.96	-188.42	-384.08
Long-Term Debt/Equity (%)	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-34.63	356.84	- -	-23.85
Long-Term Debt/Total Assets (%)	76.01	300.81	- -	73.95
Total Debt/Equity (%)	-27.07	-71.17	- -	-246.16
Total Debt/Capital (%)	-37.3	365.68	- -	-23.87
Total Debt/Total Assets (%)	81.87	308.26	- -	74.02
Net Debt to Equity	-21.6	-62.65	-34.98	-193.84
Net Debt/Capital (%)	-27.68	572.43	10.21	-18.58
EBITDA	14	-4	-93	-114
EBITDA-CapEx	13	-6	-99	-124
Operating Income (Loss)	14	-5	-96	-120

Liquidity	2019 Y	2020 Y	2021 Y	2022 Y
Cash Ratio	0.25	0.9	0.76	0.07
Current Ratio	1.03	1.64	1.84	1.04
Quick Ratio	0.56	1.28	1.3	0.3
CFO/Avg Current Liab	- -	-0.6	-0.87	-1.53
Common Equity/Total Assets	-301.35	-223.96	-188.42	-384.08
Long-Term Debt/Equity (%)	- -	- -	- -	- -
Long-Term Debt/Capital (%)	-34.63	356.84	- -	-23.85
Long-Term Debt/Total Assets (%)	76.01	300.81	- -	73.95
Total Debt/Equity (%)	-27.07	-71.17	- -	-246.16
Total Debt/Capital (%)	-37.3	365.68	- -	-23.87
Total Debt/Total Assets (%)	81.87	308.26	- -	74.02
CFO/Total Liabilities	4.14	-4.74	-50.08	-52.81
CFO/CapEx	7.27	-12.88	-5.72	-9.17
Altman's Z-Score	-1.48	-2.04	4.02	-6.98

Working Capital	2019 Y	2020 Y	2021 Y	2022 Y
Accounts Receivable Turnover	- -	8.45	7.88	6.5
Days Sales Outstanding	- -	43.19	46.35	56.18
Inventory Turnover	- -	6.01	5.43	1.23
Days Inventory Outstanding	- -	60.69	67.25	295.73
Accounts Payable Turnover	- -	2.19	7.38	4.88
Accounts Payable Turnover Days	- -	166.46	49.48	74.77
Cash Conversion Cycle	- -	-62.58	64.12	277.15
Inventory to Cash Days	- -	-17.5	-20.91	-239.55
Inventories	5	4	10	42
Raw Materials	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -
Finished Goods	- -	4	10	42
Other Inventory	5	- -	- -	- -

Enterprise Value	2019 Y	2020 Y	2021 Y	2022 Y
Market Capitalization	- -	- -	1,016	267
- Cash & Cash Equivalents	8	29	42	5
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -
+ Total Debt	41	242	- -	106
Enterprise Value	33	213	974	367
Total Capital	-110	66	-369	-442
Total Debt/Capital (%)	-37.3	365.68	- -	-23.87
Total Debt / EV	1.25	1.14	- -	0.29
EV/Sales	0.35	2.59	7.77	3.52
EV/EBITDA	2.3	- -	- -	- -
EV/EBIT	2.4	- -	- -	- -
EV/Cash Flow to Firm	3.68	- -	52.51	- -
EV/Free Cash Flow to Firm	3.26	- -	38.66	- -
Diluted Market Cap	- -	- -	638	266
Diluted Enterprise Value	33	213	596	366
EV per Share	0.3	7.28	10.16	3.8
TTM Sales	93	82	125	104
TTM EBITDA	14	-4	-93	-114
TTM Operating Income	14	-5	-96	-120
TTM Cash Flow to Firm	9	-9	19	-81
TTM Free Cash Flow to Firm	10	-8	25	-70

Multiples	2019 Y	2020 Y	2021 Y	2022 Y
Price/Earnings	- -	- -	- -	- -
Price/Earnings Average	- -	- -	-4.22	-3.48
Price/Earnings High	- -	- -	-4.98	-8.1
Price/Earnings Low	- -	- -	-2.92	-0.73
Price/Book Value	- -	- -	-2.75	-0.49
Price/Book Value Average	- -	- -	-3.52	-1.14
Price/Book Value High	- -	- -	-4.16	-2.65
Price/Book Value Low	- -	- -	-2.44	-0.24
Price/Tangible Book Value	- -	- -	11.67	-5.2
Price/Tangible Book Value Average	- -	- -	14.93	-12.15
Price/Tangible Book Value High	- -	- -	17.64	-28.32
Price/Tangible Book Value Low	- -	- -	10.34	-2.54
Price/Sales	- -	- -	5.1	2.55
Price/Sales Average	- -	- -	6.52	5.95
Price/Sales High	- -	- -	7.7	13.87
Price/Sales Low	- -	- -	4.51	1.25
Price/Cash Flow	- -	- -	-16.78	-2.71
Price/Cash Flow Average	- -	- -	-21.46	-6.34
Price/Cash Flow High	- -	- -	-25.36	-14.77
Price/Cash Flow Low	- -	- -	-14.87	-1.33
Price/Free Cash Flow	- -	- -	-20.33	-3.05
Price/Free Cash Flow Average	- -	- -	-26.01	-7.11
Price/Free Cash Flow High	- -	- -	-30.73	-16.58
Price/Free Cash Flow Low	- -	- -	-18.01	-1.49
EV/Sales	0.35	2.59	7.77	3.52
EV/Sales Average	0.35	2.59	10.04	6.93
EV/Sales High	0.35	2.59	11.92	14.88
EV/Sales Low	0.35	2.59	6.85	2.21
EV/EBITDA	2.3	- -	- -	- -
EV/EBITDA Average	2.3	-52.3	-13.57	-6.37
EV/EBITDA High	2.3	-52.3	-16.12	-13.68
EV/EBITDA Low	2.3	-52.3	-9.26	-2.03
EV/EBIT	2.4	- -	- -	- -
EV/EBIT Average	2.4	-41.26	-13.12	-6.06
EV/EBIT High	2.4	-41.26	-15.59	-13
EV/EBIT Low	2.4	-41.26	-8.95	-1.93
Last Price	- -	- -	10.6	2.76
High Price	- -	- -	16.02	15.03
Low Price	- -	- -	9.39	1.35
Enterprise Value	33	213	974	367
Enterprise Value Average	33	213	1,257	724
Enterprise Value High	33	213	1,493	1,554
Enterprise Value Low	33	213	858	231

Per Share Data Items	2019 Y	2020 Y	2021 Y	2022 Y
Shares Outstanding	110	29	96	97
Diluted Weighted Avg Shares	110	29	60	96
Basic Weighted Avg Shares	110	29	60	96
Revenue per Share	0.84	2.81	2.08	1.08
EBITDA per Share	0.13	-0.14	-1.54	-1.18
Operating Income per Share	0.12	-0.18	-1.59	-1.24
Basic EPS, GAAP	-0.11	-0.86	-3.21	-1.86
Basic EPS from Cont Ops	-0.11	-0.86	-3.21	-1.86
Diluted EPS, GAAP	-0.11	-0.86	-3.21	-1.86
Diluted EPS from Cont Ops	-0.11	-0.86	-3.21	-1.86
Dividend per Share	1.38	- -	- -	- -
Cash Flow per Share	0.08	-0.68	-0.63	-1.02
Free Cash Flow per Basic Share	0.07	-0.73	-0.74	-1.13
Cash & Equivalents per Share	0.08	0.99	0.44	0.05
Book Value per Share	-1.37	-6.01	-3.85	-5.67
Tangible Book Value per Share	-1.38	-11.67	0.91	-0.53