Life Time Earnings Reports

Life Time's Q4 2024 revenue grew by 18.7% year-over-year to $663.3 million, driven by increased membership dues and in-center revenue. Net income rose 57.0% to $37.2 million, while Adjusted EBITDA increased by 28.5% to $177.0 million. The company ended the quarter with 812,062 memberships and a record-high average center revenue per membership.

Life Time reported a strong Q3 2024 with an 18.5% increase in total revenue to $693.2 million and a 422.5% increase in net income to $41.4 million. The company deleveraged to under 2.5 times and delivered positive free cash flow before sale-leaseback proceeds. With the completion of an equity offering and debt refinancing, Life Time is well-positioned for future growth.

Life Time reported a strong second quarter in 2024, with revenue increasing by 18.9% to $667.8 million and net income rising to $52.8 million. The company achieved positive free cash flow and reduced its net debt leverage ratio to 3.0 times. As a result, Life Time is raising its full-year revenue and adjusted EBITDA guidance.

Life Time reported a 16.8% increase in revenue to $596.7 million, driven by strong growth in membership dues and in-center revenue. Net income decreased slightly to $24.9 million, while Adjusted EBITDA increased by 21.6% to $146.0 million. The company raised its full-year revenue and Adjusted EBITDA guidance.

Life Time Group Holdings, Inc. reported an 18.2% increase in total revenue to $558.8 million for the fourth quarter of 2023. Net income increased to $23.7 million, and adjusted EBITDA increased by 28.7% to $137.7 million. The company also saw an increase in member engagement, with average visits per membership rising to 135 compared to 124 in 2022.

Life Time Group Holdings, Inc. reported a 17.9% increase in total revenue to $585.2 million for the third quarter of 2023, compared to $496.4 million in the third quarter of 2022. Net income decreased to $7.9 million from $24.7 million year-over-year, while Adjusted EBITDA increased significantly by 101.4% to $143.0 million.

Life Time reported a strong second quarter with a 21.8% increase in revenue, reaching $561.7 million. Net income increased to $17.0 million, a significant improvement from the net loss of $2.3 million in the same quarter last year. The company added 26,000 memberships and raised its full-year net income and Adjusted EBITDA expectations.

Life Time Group Holdings reported a strong start to fiscal year 2023, with revenue increasing by 30.2% to $510.9 million. Net income shifted from a $38.0 million loss in Q1 2022 to a $27.5 million profit. Adjusted EBITDA saw a substantial increase of 195.8% to $120.1 million. The company is raising its full year Adjusted EBITDA guidance by $30 million, setting the new range at $470-$490 million.

Life Time Group Holdings reported a strong fourth quarter and full-year fiscal 2022, with revenue increasing by 31.1% to $472.7 million compared to the previous year. The company's strategies, including strategic investments and pricing optimization, drove increased club usage and memberships. Net income was $13.7 million, a significant improvement compared to the net loss of $304.8 million in the same period last year.

Life Time Group Holdings reported a 28.9% increase in total revenue to $496.4 million for the third quarter of 2022, driven by a 25.6% increase in comparable center sales. The company's net income was $24.7 million, which included a tax-effected gain of $42.7 million from sale-leasebacks. They are projecting revenue for the fourth quarter ending December 31, 2022, to be in the range of $460 to $490 million.

Life Time Group Holdings, Inc. reported a strong third quarter with a 66.7% increase in revenue to $385 million and a comparable center sales increase of 58.7%. The net loss improved to $(45.4) million, and Adjusted EBITDA increased to $47.0 million. The company opened two new centers and had 12 under construction.