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Added to YB: 2025-11-28

Pitch date: 2025-11-25

XPOF [neutral]

Xponential Fitness, Inc.

+23.87%

current return

Author Info

Voss Capital is a hedge fund looking for value-oriented special situations. Sign up for the newsletter.

Company Info

Xponential Fitness, Inc., through its subsidiaries, operates as a boutique fitness brands franchisor in North America.

Market Cap

$224.0M

Pitch Price

$6.41

Price Target

17.00 (+114%)

Dividend

N/A

EV/EBITDA

5.71

P/E

-3.99

EV/Sales

1.92

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Voss Capital Portfolio Holding: Long XPOF

XPOF (holding update): Trading at 7x 2025 EBITDA vs PLNT's 20-21x despite strong unit economics. Club Pilates studios now open at 27% higher Year 1 revenue, reaching capacity faster but masking as growth stall in SSS metrics. Club Pilates alone worth $13-$17/share at 11-13x EBITDA vs $6 current price.

Read full article (2 min)