eGym
Financials
Estimates*
EUR | 2015 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | - | 71.8m | 76.0m | 77.6m | 90.0m | 95.5m |
% growth | - | - | - | 6 % | 2 % | 16 % | 6 % |
EBITDA | (<1m) | (<1m) | - | (15.2m) | (5.5m) | - | - |
% EBITDA margin | - | - | - | (20 %) | (7 %) | - | - |
Profit | (<1m) | (<1m) | - | (30.5m) | (15.3m) | - | - |
% profit margin | - | - | - | (40 %) | (20 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
N/A | $2.0m | Series B | |
N/A | Seed | ||
$15.0m | Series B | ||
* | $45.0m | Series C | |
* | €25.0m | Debt | |
* | $20.0m | Series D | |
€28.0m | Late VC | ||
$41.0m | Series E | ||
* | €207m Valuation: €600m | Series F | |
Total Funding | €347m |
Recent News about eGym
EditEGYM is a tech-driven startup that operates in the fitness and health industry, providing an ecosystem of smart gym technology, software, and services. The company's primary goal is to enhance the profitability, efficiency, and success of fitness and health facilities. EGYM's business model revolves around offering solutions that not only streamline the operations of these facilities but also help in attracting and retaining members.
EGYM's offerings are diverse, catering to different types of fitness facilities. For clubs that operate with minimal staffing and without trainers, EGYM provides automation solutions. For those that aim to provide premium member care and personalized workouts, EGYM has specific solutions. Larger fitness chains can benefit from EGYM's bespoke solutions, designed specifically to meet their unique needs.
The company's revenue generation strategy is multi-faceted. It includes selling smart gym technology and software, providing services, and offering upsell opportunities to fitness facilities through differentiated member offerings. These offerings are designed to be personalized and fun, thereby attracting more members and increasing revenue for the facilities.
EGYM also focuses on member retention by providing progress tracking and engagement tools. These tools are designed to solve long-term motivation issues and ensure that members continue to use the fitness facilities.
EGYM's ecosystem is robust and capable, with exercisers worldwide benefiting from their smart workouts. The company also boasts of a significant number of tracked workouts and connected partners, with over 1.5 million data transfers per year.
Keywords: Fitness, Health, Technology, Software, Services, Automation, Personalized Workouts, Member Retention, Revenue Generation, Data Transfers.