Viva Leisure Ltd (ASX:VVA)
A$ 1.4 -0.020 (-1.41%) Market Cap: 137.97 Mil Enterprise Value: 488.78 Mil PE Ratio: 16.67 PB Ratio: 1.18 GF Score: 87/100

Full Year 2025 Viva Leisure Ltd Earnings Call Transcript

Aug 14, 2025 / 01:00AM GMT
Release Date Price: A$1.45 (+4.71%)

Key Points

Positve
  • Viva Leisure Ltd (ASX:VVA) reported a significant increase in statutory revenue, reaching $211 million, up 30% from the previous year.
  • The company achieved a record membership base exceeding 620,000, cementing its position as the second largest fitness operator in Australia.
  • Earnings per share increased by 47.6%, demonstrating strong financial performance.
  • The technology, payments, licensing, and services segment grew by 127.7%, indicating a successful diversification into higher-margin revenue streams.
  • Viva Leisure Ltd (ASX:VVA) has a robust pipeline of 172 secured locations for future openings, indicating strong growth potential.
Negative
  • The company is transitioning from reporting on a pre-AASB 16 to a post-AASB 16 basis, which may cause confusion among investors comparing historical data.
  • Borrowings increased significantly to $100.5 million, raising concerns about the company's leverage and debt management.
  • The franchise division experienced a slight decline in revenue due to the planned removal of third-party payment rebates.
  • There is uncertainty regarding the exact growth rate of technology revenues, as the company refrained from providing specific forecasts.
  • The company plans to optimize its network, which may involve closing underperforming clubs, potentially impacting short-term revenue.
Operator

Thank you for standing by and welcome to the Viva Leisure Limited FY 2025 results.

All participants are in a listen-only mode.

There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand over to Mr. Harry Constantino, CEO. Please go ahead.

Harry Konstantinou
Viva Leisure Ltd - Chief Executive Officer, Managing Director, Executive Director

Thank you. Good morning, ladies and gentlemen, and thank you for joining us for Viva Ledger's FY 2025 full year results presentation.

I am joined today by our CFO, Mr. Kim Gallagher.

This morning we released our results announcement and investor presentation to the ASX. We arewebcasting live and this recording will also be available on our investor website later today.

The agenda for today will follow a familiar structure. I'll begin with highlights and commentary on our performance. I'll hand over to Kym for the detailed

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