StudioHop offers a fitness membership providing access to various classes at boutique gyms, both in-person and virtual, allowing users to choose activities at convenient times and locations.

StudioHop

ClassPass is a monthly fitness and wellness membership that provides users with access to thousands of fitness studios, gyms, salons, and spas around the globe. With 66,000+ businesses across 29 countries, ClassPass is home to the world’s largest collection of classes and appointments. Members can book a variety of workouts and salon and spa appointments like pilates, yoga, massages, and manicures. ClassPass is a subsidiary of Mindbody Inc.

Mary Biggins

Payal Kadakia

Sanjiv Sanghavi

ClassPass

obé is a premium fitness lifestyle network and first-of-its-kind enterTRAINment pioneer rewriting the rules of digital fitness. With world-class talent and an inspiring, engaged community of loyal members, obé brings the best of boutique fitness to your fingertips—anytime, anywhere. Fitness meets fun, with feel-good results, offering daily live classes, 7,000+ on-demand workouts, and curated training programs for every goal, mood, and level.

Ashley Mills

Mark Mullett

obé Fitness

Xponential Fitness, Inc., through its subsidiaries, operates as a boutique fitness franchisor in the United States and internationally. The company offers fitness and wellness services, including pilates, barre, cycling, stretching, rowing, yoga, boxing, dancing, running, and functional training under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands. As of December 31, 2021, it had 1,556 franchisees operating 1,954 open studios on an adjusted basis. The company was founded in 2017 and is headquartered in Irvine, California.

Xponential Fitness, Inc.

StudioHop | 149 followers on LinkedIn. StudioHop is a membership to a curated list of the best boutique fitness studios in several cities in Texas, Oklahoma, and Louisiana and expanding into other cities soon. Instead of joining a gym, StudioHop members enjoy the freedom of “hopping” to boutique fitness studios ranging from barre, spin, boot camp, dance cardio and everything in between. StudioHop members have the convenience of reserving their classes at partnered studios directly from the StudioHop website or app.

Metric
Company Name	StudioHop	ClassPass	obé Fitness	Xponential Fitness, Inc.
Symbol				XPOF
MSH ID	COM:STUDIOHOPFITNESS	COM:CLASSPASS	COM:OBEFITNESS	COM:XPONENTIAL
Market	PRIVATE	PRIVATE	PRIVATE	STOCKS
Sector	Consumer Services	Consumer Services	Consumer Services	Consumer Cyclical
Industry	Health and Fitness	Physical fitness and wellness	Wellness and Fitness Services	Leisure
Country	US	US	US	US
Stage		Series
Employee Count		584	105	310
Website	studiohopfitness.com	classpass.com	obefitness.com	xponential.com
LinkedIn	studiohop	classpass	our-body-electric-llc
Founders

Metric
Market Cap				505.03M
Enterprise Value
Monthly Web Traffic	70	2.43M	136.81K
Web Traffic Growth	258.81	-0.27	-0.38
Valuation
Raised Capital		285M

Metric
Revenue				318.66M
Revenue (LTM)
Revenue (NTM)
Gross Profit				228.27M
EBITDA				88.89M
Operating Income				59.00M
Net Income				-17.48M
EPS				-0.44
Diluted EPS				-0.44
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin				0.74
Operating Profit Margin				0.22
EBITDA Margin				0.28
Net Profit Margin				-0.08
Return on Equity				0.79
Return on Assets				-0.05
Return on Capital Employed				0.17

STUD

COM:STUDIOHOPFITNESS

StudioHop

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio				-11.09
P/B Ratio				-2.54
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio				1.93
EV Multiple				4.40

Metric
Days Sales Outstanding				35.10
Days Payables Outstanding				97.42
Days Inventory Outstanding				65.15
Operating Cycle				101.81
Cash Conversion Cycle				20.72
Asset Turnover				0.69

Metric
Operating Cash Flow				35.42M
Free Cash Flow				26.05M
Cash Flow to Debt				0.11
Operating Cash Flow/Sales				0.11
Free Cash Flow Yield				0.08

Metric
Cash & Equivalents				37.09M
Accounts Receivable				-7.74M
Inventory				14.72M
Goodwill				171.60M
Debt to Capitalization				1.39
Debt to Assets				0.72
Current Ratio				1.15
Quick Ratio				0.76

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue				0.07
R&D to Revenue
SG&A to Revenue				0.46