Investor Presentation
Introduction & overview
Financial results Strategy & outlook
Conclusions
Appendices
COPURECYM
Q2 2022 Group results vs 2019 & 2021
All figures stated to the nearest £ million, except for members (million) & gyms (number)
Revenue &
membership
Revenue
Adjusted
EBITDA
Adj EBITDA¹
Group
estate
Gyms in estate
Liquidity &
Cash Flow
Available liquidity³
SS Net Debt &
Capex
SS Net Debt
110
83
119
34
2
26
454
506
525
4304
745
786
16
112
5624
221
Q2 2019 Q2 2021
Q2 2022
Q2 2019 Q2 2021 Q2 2022
Q2 2019
Q2 2021 Q2 2022
Q4 2019 Q2 2021
Q2 2022
Q4 2019 Q2 2021 Q2 2022
Closing members
Run Rate Adj EBITDA
New sites
Cash Flow5
Capex
161
114
15
1.7
1.6
1.7
19
59
8
9
24
21
21
13
14
24
24
Q2 2019
Q2 2021
Q2 2022
Γ
Q4 2019
Q4 2021
Q2 2022
Q2 2019
Q2 2021
Q2 2022
Q2 2019
Q2 2021
Q2 2022
Q2 2019
Q2 2021
Q2 2022
Notes:
2019 includes the results of Fitness World on a proforma basis, except for available liquidity & cash flow which are based on PureGym UK only. All figures exclude Poland. (1) In 2021 & 2022, excludes the benefit & cost of any COVID-19 rent deferments. (2) Gyms in estate includes 4 franchise gyms in KSA. (3) Liquidity defined as cash plus available
RCF facilities. (4) Includes £30 million cash held by parent, Pinnacle Topco Limited (5) Operating cash flow, stated after maintenance & refurbishment capex but before interest on borrowings or growth capex.
Investor Presentation 25 August 2022 6View entire presentation