The Third Space
Financials
Estimates*
GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | 27.1m | 32.4m | 36.8m | 45.5m | 17.8m | 25.0m | 51.4m |
% growth | 6 % | 19 % | 14 % | 24 % | (61 %) | 40 % | 106 % |
EBITDA | 4.6m | 6.8m | 7.4m | 8.5m | (5.3m) | (<1m) | 6.5m |
% EBITDA margin | 17 % | 21 % | 20 % | 19 % | (30 %) | (1 %) | 13 % |
Profit | <1m | 3.4m | 1.7m | 2.2m | (11.8m) | (6.0m) | (<1m) |
% profit margin | 1 % | 11 % | 5 % | 5 % | (67 %) | (24 %) | (2 %) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Acquisition | ||
* | £88.5m | Growth Equity non VC | |
Total Funding | - |
Related Content
Recent News about The Third Space
EditThird Space operates a chain of luxury health clubs in central London, catering to individuals seeking high-end fitness experiences. The company provides state-of-the-art workout facilities, personalized fitness spaces, and a wide range of classes led by top-tier instructors. Third Space targets affluent clients who prioritize health and wellness, offering them a premium environment to achieve their fitness goals. The business operates on a membership model, generating revenue through monthly or annual fees. Additionally, Third Space offers exclusive joining offers and promotions to attract new members. The market it operates in is the luxury fitness sector, which has seen significant growth as more people invest in their health and well-being. The company differentiates itself by providing not just a gym, but a comprehensive health club experience that includes fitness, mind, and nutrition support for home, gym, and beyond.
Keywords: luxury health clubs, central London, personalized fitness, expert support, inspiring classes, high-end fitness, affluent clients, membership model, wellness, premium environment.