What was the net income (loss) for Basecamp Fitness for the year ended December 31, 2023?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the net income for the year ended December 31, 2023, was $54,308 (in thousands of US dollars). This indicates the financial performance of Basecamp Fitness during that specific period. A prospective franchisee can use this information to assess the profitability and financial stability of the company.

It's important to note that this figure is part of a consolidated statement, which includes Anytime Fitness, LLC and its subsidiaries. This means the net income reflects the overall performance of the entire group, not just the Basecamp Fitness brand. A potential franchisee should consider this when evaluating the financial data, as the performance of other entities within the group could influence the reported net income.

Furthermore, the statement includes various adjustments and cash flow activities that contribute to the final net income figure. These adjustments include depreciation and amortization, amortization of debt issuance costs, and changes in assets and liabilities. Understanding these components can provide a more comprehensive view of the company's financial health and how it generates its income. A franchisee should analyze these adjustments to understand the underlying factors driving the net income and assess the sustainability of the company's financial performance.

In addition to net income, the document provides data on revenues, cost of goods sold, gross profit, and various expenses. Analyzing these figures alongside the net income can offer a more detailed understanding of Basecamp Fitness's financial operations. A prospective franchisee should review these figures to assess the overall financial health and stability of the company.