Sport Clubs Co. · TADAWUL:6018
Sport Clubs — Q3 2025 Earnings Presentation
23 slides from Sport Clubs's earnings presentation, 2025
Slide 1: Earnings Presentation Q3 2025
EARNINGS PRESENTATION Q3 2025 1
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared for general information purposes only. The financial and operational data included herein are derived from the company ’s published results and disclosures. While every effort has been made to ensure accuracy, the information may contain summaries or si
Slide 3: Operational Highlights
Operational Highlights . Connor
Slide 4: Performance Snapshot
Performance Snapshot Robust Business With Solid Track Record Quarter 3 Figures 9 Months Figures Revenue Growth 7.4% 14.1% Gross Profit Margin 36.8% 28.7% Net Income Margin 15.5% 9.8% EBITDA Margin 41.2% 38.6% ir.sportclubscompany.com.sa 4
Slide 5: Performance Snapshot
Performance Snapshot Larger base, more visits, broader reach! Total Clubs Total Members Q3 Visits Retention Rate As of 30/9/2025 Q3 PT Classes 59 167K 3.93 M 66% 105K 5 Additions in 9M +28.8% YOY +25.6% YOY +4.2% YOY +31.3% YOY ir.sportclubscompany.com.sa 5
Slide 6: Expanding Footprint: Solid Pipeline & Clear Execution
Expanding Footprint: Solid Pipeline & Clear Execution. Where We Are Footprint By Region Pipeline Under 59 Clubs Northern Region Construction 7 2 1 1 16 7 35 New Clubs in Progress Under Design / Central Region Awaiting 3 Openings During the Quarter 19 9 5 Licenses 9 Western Region Eastern Region 2 1
Slide 7: Our New Identity Impact: Stronger Scale and Engagement Across the Network
Our New Identity Impact: Stronger Scale and Engagement Across the Network. Average Q3 Member Base Growing (Thousands) .. And Higher Average Members per Club (Thousands) 154.6 2.4 2.0 122.6 2.1 35.6 1.7 25.2 13.5 1.9 1.8 17.6 105.4 3.2 2.6 79.8 Q3 2024 Q3 2025 Q3 2024 Q3 2025 Body Masters - Premium B
Slide 8: Our New Identity Impact: Stronger Scale and Engagement Across the Network
Our New Identity Impact: Stronger Scale and Engagement Across the Network. Average 9M Member Base Growing (Thousands) .. And Higher Average Members per Club (Thousands) 133.0 115.1 2.1 30.0 1.9 23.8 1.8 13.7 1.6 16.6 1.7 2.0 89.4 The total active 74.8 2.4 2.6 number of members per club for our new i
Slide 9: Quarterly Average Members Expansion: Mix Shift to Higher Value Formats
Quarterly Average Members Expansion: Mix Shift to Higher Value Formats Drives Record Number of Members. Average Active Members (Thousands) +26.1% 154.6 167.1 As of Period +16.4% End +3.5% 127.9 35.6 122.6 123.5 116.6 112.7 109.9 28.5 13.5 25.2 28.4 25.8 23.8 22.3 13.4 17.6 16.7 14.2 16.1 16.1 105.4
Slide 10: Subscription Units Mix
Subscription Units Mix. Sold Subscriptions By Units for Q3 (Thousands) Sold Subscriptions By Units for 9M (Thousands) Other Other Other Other 2.4% 3.0% 13.8% 12.3% 3 Months 3 Months 3 Months 3 Months 53.0% 59.7% 51.4% 55.8% 6 Months 18.0% 6 Months 6 Months 6 Months 17.3% 15.3% 14.5% 1 Year 1 Year 1
Slide 11: Financial Section
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Slide 12: Stronger Results, Stronger Foundation
Stronger Results, Stronger Foundation. ROBUST BUSINESS WITH SOLID TRACK RECORD Quarter 3 Figures (M i l l i o n s) 9 Months Figures (M i l l i on s ) Revenue Gross Profit Revenue Gross Profit Q3 '25 105.1 Q3 '25 38.7 9M '25 272.0 9M '25 78.1 +7.4% +22.6% +14.1% +17.5% Q3 '24 97.9 Q3 '24 31.5 9M '24
Slide 13: Stronger Results, Stronger Foundation
Stronger Results, Stronger Foundation. Total Assets (Millions ) Total Equity and Liabilities ( Millions ) 100.0% 798.4 932.7 100.0% 798.4 932.7 9.4% 14.4% 25.0% 30.1% 80. 0% 80. 0% 78.9% 71.6% 60. 0% 60. 0% 46.6% 40. 0% 40. 0% 20. 0% 90.6% 85.6% 20. 0% 48.7% 28.4% 0.0% 0.0% 21.1% Dec '24 Q3 '25 Dec
Slide 14: Stronger Revenue Mix with Broad-Based GP Improvement
Stronger Revenue Mix with Broad-Based GP Improvement. Revenue (Millions ) Revenue from Subscriptions (Millions ) 105.1 91.4 +7.4% 97.9 0.5 +28.6% 13.2 71.1 23.9 Body Motions +30% 14.5 Sports solutions -96.7% 12.3 18.4 5.4 Body Masters -24.6% Health club +7.5% 7.2 Express 91.4 services 71.1 62.1 45.5
Slide 15: Stronger Revenue Mix with Broad-Based GP Improvement
Stronger Revenue Mix with Broad-Based GP Improvement. Revenue (Millions ) Revenue from Subscriptions (Millions ) +14.1% 272.0 238.4 24.7 220.2 Sports solutions +17.7% Body Motions +21.6% +17.7% 21.0 27.1 187.1 59.9 30.4 49.3 Health club -10.7% 14.9 19.1 Body Masters services -22% Express 220.2 187.1
Slide 16: Record Deferred Revenue to Date With Strong Forward Coverage
R e c o r d D e f e r r e d R e v e n u e t o D a t e Wi t h S t r o n g F o r w a r d C o v e r a g e . Deferred Revenue (Millions ) Expected Recognition of Deferred Revenue 126.2 +31.7% Q4 2025 95.8 58.9% Q1 2026 20.2% Q2 2026 11.0% Q3 2026 6.7% Other 3.2% Sep' 24 Sep' 25 ir.sportclubscompany.com.
Slide 17: Healthy Cash From Operations with Financing Inflow from IPO Lifts Net Cash
Healthy Cash From Operations with Financing Inflow from IPO Lifts Net Cash, Despite Capex Growth from Expansion. Cash Generated From Operating Activities (Millions ) Cash used in Investing Activities (Millions ) 76.0 126.8 59.0 71.5 9M 2024 9M 2025 9M 2024 9M 2025 Cash Generated from or(used in) Fin
Slide 18: New Identity Clubs Performance
New Identity Clubs Performance 18
Slide 19: Rebranding Strategy Paying Off! Strong Performance Across Metrics
R e b r a n d i n g S t r a t e g y P a y i n g O f f !, S t r o n g P e r f o r m a n c e A c r o s s M e t r i c s . Q3’25 TTM Revenuers Per Club Performance (Millions) Q3’25 TTM EBITDA Per Club Performance (Millions) 11.3 +160% 7.6 +30% 7.1 5.4 +300% 4.3 +52% 3.5 1.9 2.3 (Body Masters) (Body Moti
Slide 20: Rebranding Strategy Paying Off! Strong Performance Across Metrics
R e b r a n d i n g S t r a t e g y P a y i n g O f f !, S t r o n g P e r f o r m a n c e A c r o s s M e t r i c s . Active Members for Same Clubs at Same Period end Rose Sharply YOY After Refurbishment and Rebranding. Actual Active Members for Club 1 (Thousands) Actual Active Members for Club 2 (
Slide 21: Guidance
- 7 cect Guidance “Seeeee
Slide 22: Future Business Guidance
Future Business Guidance B o d y Mas ter s Unit 2 0 2 5 -2 0 2 6 2027 - 2029 Existing Clubs Revenue Revenue growth % 2.0% - 3.0% Premium (old model) # of clubs 2 0-2 Clubs Closures Express # of clubs 2 1-3 Total New Clubs Openings Premium (new model) # of clubs 9-11 14-16 Average Revenue Per New Mod
Slide 23: Thank you
Thank you ir.sportclubscompany.com.sa IR@sportclubs.com.sa 23