Adjusted EBITDA under the bank covenants is defined as the underlying EBITDA less rent adjusted for permitted pro forma adjustments, which are capped at 15% of the total adjusted EBITDA
Amounts in € million, unless stated otherwise
2025
2024
2023
2022
2021
Non-financials (number)
Total number of owned clubs
1,716
1,575
1,402
1,200
1,015
o.w. The Netherlands
246
241
237
231
216
o.w. Belgium
236
229
223
219
205
o.w. Luxembourg
10
10
10
10
10
o.w. France
894
858
781
647
528
o.w. Spain
230
209
139
90
56
o.w. Germany
67
28
12
3
-
o.w. Austria
33
-
-
-
-
Total number of mature clubs
1,216
990
882
502
504
Total number of memberships (million)
4.93
4.25
3.80
3.35
2.22
Yield (ARPU) per month (€)1
24.91
24.24
23.53
22.86
13.05
Number of employees (year-end)
9,432
8,937
8,182
7,564
6,964
Market capitalisation, year-end
1,951
1,490
1,859
1,616
2,772
Share price, year-end (€)
29.56
22.58
28.16
24.48
42.00
Share price, high (€)
29.74
29.10
39.96
44.78
49.24
Share price, low (€)
16.5
19.06
23.70
21.66
27.10
Average daily volume ('000)
169
155
110
149
178
Number of shares outstanding at year-end
64.8
65.9
66.0
66.0
66.0
Average number of shares outstanding used in EPS calculation
65.3
65.9
66.0
66.0
64.1
Fully diluted number of shares at year-end
70.8
71.9
72.0
72.0
72.0
Fully diluted number of shares used in diluted underlying EPS calculation2
71.3
71.9
72.0
72.0
67.3
Basic-Fit owned clubs only
Any anti-dilutive impact has been disregarded
See next section for alternative performance measures