Smartfit Escola de Ginastica e Danca SA (SFEGY) Earnings

Smartfit Escola de Ginástica e Dança SA engages in providing physical fitness facilities. The company is headquartered in Sao Paulo, Sao Paulo. The company went IPO on 2021-07-14. The Firm manages, operates and maintains a fitness gym network based in Brazil, as well as in Peru, Mexico, Colombia, Chile, Argentina, Paraguay, Equador, Guatemala, Panama and Dominican Republic. The firm offers a variety of equipment including rowing machines, treadmills and muscle-building equipment. Furthermore, it offers different services among which are a variety of classes, such as dance classes, yoga and group trainings. The Firm’s activities are divided into three business lines: High Value/Low Price, which includes gyms under Smart Fit brand name; Premium, which operates gyms under Bio Ritmo and O2 brand names; and Other/New Businesses, which comprises royalties charged to franchisees and new models and fitness brands that the Company is developing.