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F45 lost $372M over two years.

According to F45 financial reports, F45 made a loss of $372.3 million for the last two years, including a loss of $178.8 million in 2023. This is a significant loss, especially considering that F45 had previously been one of the fastest-growing fitness franchises in the world.

There are a number of factors that have contributed to F45's recent losses. One factor is the rising cost of living, which has made it more difficult for people to afford gym memberships. Another factor is the increasing competition from other fitness franchises and online workout programs.

F45 is currently working on a plan to turn the business around. This plan includes reducing costs, expanding into new markets, and developing new products and services. It remains to be seen whether F45 will be able to successfully implement this plan and return to profitability.