Basic-Fit N.V. Reports Earnings Results for the Half Year Ended June 30, 2020
July 30, 2020
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Basic-Fit N.V. Announced earnings results for the half year ended June 30, 2020. For the half year, the company announced total revenue was EUR 182.503 million compared to EUR 240.040 million a year ago. Operating loss was EUR 46.561 million compared to operating Income of EUR 21.621 million a year ago. Net loss was EUR 51.944 million compared to net income of EUR 862,000 a year ago. Basic loss per share was EUR 0.94 compared to basic earnings per share of EUR 0.02 a year ago.
Basic-Fit N.V. specializes in operating a chain of fitness clubs. Net sales break down by activity as follows:
- fitness clubs operation (96.4%). At the end of 2023, the group had 3.8 million members in 1,402 clubs located in the Netherlands (237), France (781), Belgium (223), Spain (139), Germany (12) and Luxembourg (10);
- other (3.6%): personal trainer services, sale of energy drinks and nutritional bars, etc.
Net sales are distributed geographically as follows: the Netherlands (23.9%), France (48.5%), Belgium (20.3%), Spain (5.7%) and Luxembourg (1.6%).
BASIC-FIT N.V. 
