Score breakdown
Expansionlocations & platform
8
Capitalfunding, M&A, IPO
7
Pricing powerraising vs discounting
7
Talenthires & leadership
3
Why it moved
H1 memberships hit 6.1M (+34%) and 2,192 clubs (+35%), outlook raised, free cash flow positive — the growth machine turned cash-generative without stopping.
What would move it next quarter
Holding 30%+ membership growth while it deliberately slows club builds — and any signal it's eyeing markets beyond Europe.