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F45 Goes Public. Is It Profitable? [SUMMER 2021]
F45, a fitness franchise out of Australia, recently went public. Mark Wahlberg was an investor because he fell in love with the brand. With its celebrity status and strong community, is it profitable?
A lot of sexy companies go public. Does sexy equal profitability? Most of these companies like Slack, Pinterest, and most freshly IPO'd companies are not profitable, including F45.
Every time you look at a business whether public or private look at its profitability. A sexy business is a facade if it doesn't produce a profit. Profitability is what leads to wealth creation and preservation of your capital.
"""Evaluating a Business Requires Effort & Diligence, Buying a Business Requires Patience.""
--Red to Black Podcast
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