Brazil’s Smart Fit Posts Record Expansion With 2,084 Gyms

2026-03-11 - 18:03

3 Key Points —Recurring net income rose 19% year-on-year to R$235 million ($45M) in 4Q25, though the result missed the Bloomberg consensus of R$249 million as higher taxes on international operations weighed on the bottom line. —The gym chain surpassed 2,000 locations for the first time, closing 2025 with 2,084 units across 16 countries after