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November 11 , 2021 XXPONENTIAL Xponential Fitness , Inc. Announces Third Quarter 2021 Financial Results - Grew revenue 60 % and North American system - wide sales 93 % , compared to Q3 2020 - Sold 248 franchise licenses and opened 68 new studios - Raised 2021 Guidance for New Studio Openings , Revenue and Adjusted EBITDA IRVINE , Calif .-- ( BUSINESS WIRE ) -- Xponential Fitness , Inc. ( NYSE : XPOF ) ( " Xponential " or the " Company " ) , a curator of leading boutique fitness brands , today reported financial results for its third quarter ended September 30 , 2021. All financial figures included in this release refer to global numbers unless otherwise noted . Financial Highlights : Q3 2021 Compared to Q3 2020 • Grew revenue 60 % year - over - year to $ 40.9 million . • Increased North American system - wide sales¹ by 93 % year - over - year to $ 192.4 million . • Reported North American same store sales² growth of 65 % from the prior - year period . • Posted net loss of $ 8.9 million , or $ 0.38 per share , compared to a net loss of $ 1.9 million in the prior - year period . • Posted Adjusted Net Loss of $ 5.8 million , or $ 0.31 per share on a share count of 22.1 million shares , compared to an Adjusted Net Loss of $ 7.0 million in the prior - year period.³ • Reported Adjusted EBITDA4 of $ 6.8 million , compared to $ 1.5 million in the third quarter of 2020 . Q3 2021 Operating Highlights • Opened 68 new studios , increasing total studio count to 1,907 at the end of the third quarter of 2021 . • Sold 248 franchise licenses , compared to 50 in the third quarter of 2020 . • Reported fifth consecutive quarter of sequential North American system - wide sales improvement , representing consistent system recovery since the second quarter of 2020 . • Nearly 90 % North American run - rate average unit volume ( AUV ) 5 recovery compared to January 31 , 2020 . " Xponential achieved strong results for the third quarter 2021 , including net revenues of $ 40.9 million , an increase of 60 % year - over - year and up 14 % sequentially , " said Anthony Geisler , Chief Executive Officer of Xponential Fitness , Inc. " We are thrilled with the continued momentum of our business , with third quarter actively paying members and visitation rates increasing by approximately 60 % and 70 % , respectively , year - over - year .