Annuncio • May 20
World Gym Corporation to Report Q1, 2026 Results on Jun 11, 2026 World Gym Corporation announced that they will report Q1, 2026 results on Jun 11, 2026 Reported Earnings • May 15
First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2026 results: EPS: NT$2.01 (up from NT$0.45 in 1Q 2025). Revenue: NT$2.81b (up 9.4% from 1Q 2025). Net income: NT$219.2m (up 345% from 1Q 2025). Profit margin: 7.8% (up from 1.9% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 36%. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Hospitality industry in Taiwan. Upcoming Dividend • Mar 05
Upcoming dividend of NT$4.11 per share Eligible shareholders must have bought the stock before 12 March 2026. Payment date: 02 April 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 7.7%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.2%). Annuncio • Feb 26
World Gym Corporation Approves Dividend for the Fourth Quarter of 2025, Payable on April 2, 2026 World Gym Corporation announced that the board approved dividend of TWD 4.11 for the fourth quarter of 2025, payable on April 2, 2026. Reported Earnings • Feb 26
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: NT$3.75 (up from NT$3.19 in FY 2024). Revenue: NT$11.0b (up 12% from FY 2024). Net income: NT$409.1m (up 16% from FY 2024). Profit margin: 3.7% (up from 3.6% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Hospitality industry in Taiwan. Annuncio • Feb 25
World Gym Corporation, Annual General Meeting, May 25, 2026 World Gym Corporation, Annual General Meeting, May 25, 2026, at 10:00 Taipei Standard Time. Location: no,99, ch`ao fu rd., hsi tun district, taichung city Taiwan Price Target Changed • Nov 29
Price target increased by 10% to NT$100.00 Up from NT$90.75, the current price target is an average from 4 analysts. New target price is 27% above last closing price of NT$78.90. Stock is down 17% over the past year. The company is forecast to post earnings per share of NT$3.29 for next year compared to NT$3.19 last year. Reported Earnings • Nov 15
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: NT$1.04 (up from NT$0.57 in 3Q 2024). Revenue: NT$2.82b (up 14% from 3Q 2024). Net income: NT$113.2m (up 80% from 3Q 2024). Profit margin: 4.0% (up from 2.5% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Hospitality industry in Taiwan. Declared Dividend • Nov 14
Dividend of NT$0.93 announced Shareholders will receive a dividend of NT$0.93. Ex-date: 27th November 2025 Payment date: 18th December 2025 Dividend yield will be 7.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (297% earnings payout ratio). However, it is covered by cash flows (53% cash payout ratio). The dividend has increased by an average of 13% per year over the past 2 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 231% to bring the payout ratio under control. EPS is expected to grow by 159% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Annuncio • Nov 05
World Gym Corporation to Report Q3, 2025 Results on Nov 12, 2025 World Gym Corporation announced that they will report Q3, 2025 results on Nov 12, 2025 Major Estimate Revision • Oct 01
Consensus EPS estimates increase by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from NT$10.8b to NT$10.9b. EPS estimate increased from NT$2.67 to NT$3.06 per share. Net income forecast to grow 71% next year vs 24% growth forecast for Hospitality industry in Taiwan. Consensus price target up from NT$90.75 to NT$97.75. Share price rose 9.9% to NT$81.10 over the past week. Upcoming Dividend • Sep 03
Upcoming dividend of NT$0.91 per share Eligible shareholders must have bought the stock before 10 September 2025. Payment date: 03 October 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.5%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.7%). Reported Earnings • Aug 28
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: NT$0.73 (down from NT$1.21 in 2Q 2024). Revenue: NT$2.71b (up 10.0% from 2Q 2024). Net income: NT$79.7m (down 41% from 2Q 2024). Profit margin: 2.9% (down from 5.4% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Hospitality industry in Taiwan. Price Target Changed • Jul 03
Price target decreased by 10% to NT$95.00 Down from NT$106, the current price target is an average from 4 analysts. New target price is 22% above last closing price of NT$77.70. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$2.67 for next year compared to NT$3.19 last year. Declared Dividend • May 25
Dividend of NT$3.69 announced Shareholders will receive a dividend of NT$3.69. Ex-date: 10th June 2025 Payment date: 27th June 2025 Dividend yield will be 7.4%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (213% earnings payout ratio). However, it is covered by cash flows (60% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to grow by 137% to bring the payout ratio under control. EPS is expected to grow by 32% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio. Major Estimate Revision • May 21
Consensus EPS estimates fall by 23% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$3.89 to NT$2.99 per share. Revenue forecast steady at NT$11.0b. Net income forecast to grow 25% next year vs 25% growth forecast for Hospitality industry in Taiwan. Consensus price target broadly unchanged at NT$104. Share price was steady at NT$80.90 over the past week. Reported Earnings • May 15
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: NT$0.45 (down from NT$0.86 in 1Q 2024). Revenue: NT$2.57b (up 10% from 1Q 2024). Net income: NT$49.3m (down 48% from 1Q 2024). Profit margin: 1.9% (down from 4.0% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 39%. Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Hospitality industry in Taiwan. Major Estimate Revision • May 13
Consensus EPS estimates fall by 21% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$4.91 to NT$3.89 per share. Revenue forecast steady at NT$11.0b. Net income forecast to grow 24% next year vs 24% growth forecast for Hospitality industry in Taiwan. Consensus price target broadly unchanged at NT$106. Share price rose 2.1% to NT$83.00 over the past week. Annuncio • May 06
World Fitness Services Ltd. to Report Q1, 2025 Results on May 13, 2025 World Fitness Services Ltd. announced that they will report Q1, 2025 results on May 13, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$73.10, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Hospitality industry in Taiwan. Total loss to shareholders of 25% over the past year. Annuncio • Feb 27
World Fitness Services Ltd. to Report Fiscal Year 2024 Results on Mar 06, 2025 World Fitness Services Ltd. announced that they will report fiscal year 2024 results at 1:30 PM, Taipei Standard Time on Mar 06, 2025 Price Target Changed • Feb 12
Price target decreased by 11% to NT$107 Down from NT$121, the current price target is an average from 3 analysts. New target price is 19% above last closing price of NT$90.50. Stock is down 6.7% over the past year. The company is forecast to post earnings per share of NT$3.54 for next year compared to NT$3.50 last year. Major Estimate Revision • Dec 27
Consensus EPS estimates fall by 20% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$4.33 to NT$3.48 per share. Revenue forecast steady at NT$9.82b. Net income forecast to grow 48% next year vs 20% growth forecast for Hospitality industry in Taiwan. Consensus price target of NT$124 unchanged from last update. Share price was steady at NT$94.90 over the past week. Upcoming Dividend • Nov 21
Upcoming dividend of NT$2.25 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 18 December 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (4.5%). Higher than average of industry peers (4.3%). Annuncio • Nov 05
World Fitness Services Ltd. to Report Q3, 2024 Results on Nov 12, 2024 World Fitness Services Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024 Annuncio • Oct 29
World Fitness Services Ltd. (TWSE:2762) acquired World Gym International, LLC for $9 million. World Fitness Services Ltd. (TWSE:2762) acquired World Gym International, LLC for $9 million on October 28, 2024. World Fitness Services fund the transaction self equity funds. The transaction has been approved by the board of directors of World Fitness. Li Guolun of YingXuan CPA Firm acted as fairness opinion provider in the transaction.
World Fitness Services Ltd. (TWSE:2762) completed the acquisition of World Gym International, LLC on October 28, 2024. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$109, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Hospitality industry in Taiwan. Simply Wall St's valuation model estimates the intrinsic value at NT$184 per share. Major Estimate Revision • Sep 04
Consensus EPS estimates increase by 12% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from NT$3.87 to NT$4.32. Revenue forecast steady at NT$10.0b. Net income forecast to grow 33% next year vs 17% growth forecast for Hospitality industry in Taiwan. Consensus price target down from NT$135 to NT$123. Share price rose 6.2% to NT$91.40 over the past week. Annuncio • Sep 01
World Fitness Services Ltd. Announces Sustainable Development Committee Appointment World Fitness Services Ltd. announced the appointment of John Edward Caraccio, the Company's Chairman, Ellie Chang, Manager of the Company's Purchasing Department and Kai Hung, Manager of the Company's OSHA Department, as Member of Sustainable Development Committee, effective 27 August 2024. The original term from August 27, 2024 to January 16, 2026. Reported Earnings • Aug 29
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: NT$1.21 (up from NT$0.97 in 2Q 2023). Revenue: NT$2.46b (up 12% from 2Q 2023). Net income: NT$133.9m (up 38% from 2Q 2023). Profit margin: 5.4% (up from 4.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 30%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Hospitality industry in Taiwan. Annuncio • Aug 20
World Fitness Services Ltd. to Report Q2, 2024 Results on Aug 27, 2024 World Fitness Services Ltd. announced that they will report Q2, 2024 results on Aug 27, 2024 Annuncio • May 02
World Fitness Services Ltd. to Report Q1, 2024 Results on May 09, 2024 World Fitness Services Ltd. announced that they will report Q1, 2024 results on May 09, 2024 New Risk • Mar 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Annuncio • Mar 08
World Fitness Services Ltd. Proposes Dividend Distribution for the year 2023 Board of Directors of World Fitness Services Ltd. proposed dividend distribution for the year 2023. Appropriations of earnings in cash dividends to shareholders TWD 2.79624938 per share. Total amount of cash distributed to shareholders to be TWD 650,000,000. Annuncio • Feb 29
World Fitness Services Ltd. Announces the Resignation of Hsin Fang as Independent Director World Fitness Services Ltd. announced the resignation of Hsin Fang as independent director of the company, effective from Feb. 27, 2024. Annuncio • Feb 28
World Fitness Services Ltd. Announces the Resignation of Hsin Fang as A Member of Audit Committee and Remuneration Committee World Fitness Services Ltd. announced the resignation of Hsin Fang as a member of Audit Committee and Remuneration Committee of the company, effective from Feb. 27, 2024.