The Gym Group (GYM)

Sector:

Tourism and Leisure Services

Index:

FTSE Small Cap

296.00p
   
  • Change Today:
    -14.00p
  • 52 Week High: 316.00
  • 52 Week Low: 185.80
  • Currency: UK Pounds
  • Shares Issued: 138.10m
  • Volume: 169,674
  • Market Cap: £408.76m
  • RiskGrade: 59

The Gym Group revenues rise as membership numbers grow

By Michele Maatouk

Date: Friday 17 Jan 2020

LONDON (ShareCast) - (Sharecast News) - The Gym Group reported a rise in full-year revenues on Friday as membership numbers grew.
In a pre-close trading update for the year ended 31 December 2019, the company said total revenue jumped 23.6% to £153.1m on the year, as average members grew 14.9% to 796,000. Total year-end memberships rose 9.7% to 794,000.

Average revenue per member per month was up 7.6% to £16.02 as LIVE IT - its premium pricing product - continued to make good progress. The Gym Group said that 150,000 members, 18.9% of the total membership, had subscribed to LIVE IT by the end of December, compared to 11.7% in the same period the year before.

Chief executive officer Richard Darwin said: "Our strong proposition, as the UK's lowest-price, high-quality gym operator, continues to grow the market and bring affordable fitness to more people across the UK.

"We expanded our business by 20 sites in 2019, which included the first two of our new small box gym concept, which delivers low cost fitness to smaller towns. There remains a long runway of potential sites in the UK and with our small box rollout underway we plan to accelerate the expansion of our gym estate in the coming year."

The company said it had had an "encouraging" start to January trading and expects 2020 to be "another year of significant progress".

At 1050 GMT, the shares were down 0.8% at 307.60p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

The Gym Group Market Data

Currency UK Pounds
Share Price 296.00p
Change Today -14.00p
% Change -4.52 %
52 Week High 316.00
52 Week Low 185.80
Volume 169,674
Shares Issued 138.10m
Market Cap £408.76m
RiskGrade 59

The Gym Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.55% below the market average95.55% below the market average95.55% below the market average95.55% below the market average95.55% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
73.09% above the market average73.09% above the market average73.09% above the market average73.09% above the market average73.09% above the market average
83.78% above the sector average83.78% above the sector average83.78% above the sector average83.78% above the sector average83.78% above the sector average
Income
90.94% below the market average90.94% below the market average90.94% below the market average90.94% below the market average90.94% below the market average
86.05% below the sector average86.05% below the sector average86.05% below the sector average86.05% below the sector average86.05% below the sector average
Growth
73.05% above the market average73.05% above the market average73.05% above the market average73.05% above the market average73.05% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 8
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

The Gym Group Dividends

  Latest Previous
  Interim Final
Ex-Div 05-Sep-19 23-May-19
Paid 11-Oct-19 14-Jun-19
Amount 0.45p 0.95p

Trades for 21-Feb-2020

Time Volume / Share Price
16:35 9,802 @ 296.00p
16:29 528 @ 296.50p
16:29 407 @ 297.50p
16:29 345 @ 297.50p
16:29 6 @ 297.50p

The Gym Group Key Personnel

CEO John Treharne
CFO Mark George

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