Sep. 2 at 2:30 PM
$XPOF the simplest way to now look at this is that club Pilates does 70-80mm in royalty revenue. (7-8% of system wide sales).
If you take everything else away and just say that 70-80mm of super clean reoccurring revenue gets you 10x multiple then the company should have an enterprise value of 700-800mm. Right now company has an enterprise value of
$750MM.
Given this is the most conservative way possible to value the business. I will consider buying more under
$700 million EV…which would be roughly
$7.50-
$7.75.
I think at that valuation there is such a margin for error put in that idk what it would take to lose…just a complete collapse from CP or another scandal.
