Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.22.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue, net:    
Total revenue, net $ 50,362 $ 29,065
Operating costs and expenses:    
Selling, general and administrative expenses (Note 10) 33,919 16,602
Depreciation and amortization 3,492 2,055
Marketing fund expense 4,355 2,616
Acquisition and transaction expenses 9,544 350
Total operating costs and expenses 65,136 29,286
Operating loss (14,774) (221)
Other (income) expense:    
Interest income (389) (95)
Interest expense (Note 10) 2,861 4,423
Total other expense 2,472 4,328
Loss before income taxes (17,246) (4,549)
Income taxes (2,067) 201
Net loss (15,179) (4,750)
Less: Net loss attributable to noncontrolling interests (7,660)  
Net loss attributable to Xponential Fitness, Inc. $ (7,519) (4,750)
Net loss per share of Class A common stock:    
Basic $ (1.51)  
Diluted $ (1.51)  
Weighted average shares of Class A common stock outstanding:    
Basic 22,736,946  
Diluted 22,736,946  
Franchise revenue    
Revenue, net:    
Total revenue, net $ 25,500 13,755
Equipment revenue    
Revenue, net:    
Total revenue, net 7,779 4,066
Merchandise revenue    
Revenue, net:    
Total revenue, net 6,083 4,232
Franchise marketing fund revenue    
Revenue, net:    
Total revenue, net 4,435 2,483
Other service revenue    
Revenue, net:    
Total revenue, net 6,565 4,529
Product revenue    
Operating costs and expenses:    
Costs of revenue 9,592 5,344
Franchise and service revenue    
Operating costs and expenses:    
Costs of revenue $ 4,234 $ 2,319