)
Investor Relations14 Oct 2025
Boost Your Earnings Season Strategy With Real‑Time Alerts
Quartr Pro provides real time alerts, trend analysis and live coverage, giving analysts and investors instant insights to act faster in earnings.
Smartfit (SMFT3) investor relations material
Smartfit Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary8 Aug, 2025
Executive summary
Achieved 19% year-over-year growth in club network, reaching 1,818 units across 15 countries, with guidance for 340–360 new openings in 2025 and 80% expected to be owned units.
Net revenue rose 32% year-over-year to R$1.8 billion in 2Q25, driven by a 16% increase in average member base and a 10% rise in average ticket price.
Record EBITDA of R$576 million, up 32% year-over-year, with a 32.1% margin and 90% conversion to operating cash flow.
Recurring net income reached R$189 million, a 32% increase year-over-year, with a recurring net margin of 10.6%.
TotalPass business unit continues to gain scale and profitability, narrowing the gap between check-ins and revenue.
Financial highlights
Net revenue for 2Q25 was R$1.8B, up 32% vs. 2Q24 and 7% sequentially from 1Q25.
EBITDA margin was 32.1% in 2Q25, stable year-over-year and up 1.1 p.p. sequentially.
Cash gross margin reached a record 50.9% in 2Q25, up 0.9 p.p. year-over-year.
Operating cash flow was R$521M in 2Q25, with 90% EBITDA conversion.
Recurring net income margin increased to 10.6% in 2Q25, up 2.2 p.p. year-over-year.
Outlook and guidance
Guidance for 2025 remains 340–360 new club openings, with 80% as owned units, a 15% increase over 2024.
Expansion is supported by strong financial position, disciplined capital allocation, and favorable market conditions.
CapEx reduction initiatives in Brazil are being extended to Mexico and other countries for long-term growth.
No acceleration planned for franchise buybacks; focus remains on opening new stores to increase capillarity.
The gap between TotalPass check-ins and revenue is expected to continue narrowing through year-end, though not to zero.
TotalPass revenue/check-in gap outlook?
CapEx efficiency & geographic reallocation?
Vintage unit profitability drivers & outlook?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Smartfit earnings date
Q3 20257 Nov, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
Related articles
)
Edge3 Oct 2025
Epiroc: A Culture of Moving Mountains
From automation to electrification, Swedish industrial giant Epiroc is leading a transformation in how the world mines.
)
Company Research22 Sep 2025
Moody's: Shaping Global Credit
Explore Moody's evolution from publishing manuals to becoming a giant in credit ratings, guiding issuers, investors, and regulators worldwide.
Frequently asked questions
Smartfit Escola de Ginástica e Dança S.A. is a Brazil-based company operating a network of fitness centers across Latin America. The company provides gym services under various brand formats, offering access to cardio and strength training equipment, group classes, and personal training. Its facilities cater to a wide range of customer segments through standardized service models and digital integration for membership and training support. The company is headquartered in São Paulo, Brazil, and its shares are listed on the B3.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage