IPO Company Profile
SEC Filings | Peer IPO Companies
Fitness Holdings, Inc.
5020 Franklin Drive, Pleasanton, CA 94588 * (925) 416-3100

The company is a leading owner-operator of fitness centers, operating 173 facilities under the brand name "24 Hour Fitness" in nine western States. The company provides a broad array of fitness, sport, nutritional and services to its 1.6 million members.

Primary Underwriting Group
ManagerTierPhone
Goldman, Sachs & Co.Lead Manager (212) 902-5959
BT Alex BrownCo-manager (410) 727-1700
Nationsbanc Montgomery Securities, Inc.Co-manager (415) 627-2100

Filing Information
NASNTL:FITN Service: SIC 7991
Type of Shares:Common Shares Filing Date:7/8/98
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $75,000,000
Primary Shares:0 Expenses: -
Secondary Shares:0 Post-IPO Shares:
Employees:11500

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: White & Case
Bank's Law Firm: Shearman & Sterling
Auditor: Deloitte & Touche

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
3 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 3/31/98 3/31/97 3/31/98
Revenue:$261.90$80.65$57.99Assets:$266.91
Net Income:-$17.01-$3.73-$2.46Curr Assets:$49.85
EPS:Liabilities:$376.33
Prior EPS:Curr Liab:$125.73
Cash Flow/Oper:$21.64$13.71$3.35Equity:-$109.42
Cash Flow/Fin:$21.01$4.57$8.16Cash:$7.12
Cash Flow/Inv:-$39.44-$15.74-$10.26Working Cap:-$75.89

Use of Proceeds
The proceeds from the proposed offering will be used to reduce outstanding indebtedness and for general corporate purposes.

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