Leejam Sports Company (1830.SE): Members growth resumes (+8% y/y) but aggressive expansion plan continues to weigh down on margins y/y-20260728
花旗·2026-07-28 14:21

Flash | 28 Jul 2026 01:47:10 ET │ 10 pages Leejam Sports Company (1830.SE) Members growth resumes (+8% y/y) but aggressive expansion plan continues to weigh down on margins y/y CITI'S TAKE Leejam reported Q2 26A results with revenues at SAR 411m (+9% y/y and +11% q/q) driven by network expansion (+23 fitness centers y/y) and members growth of 8% y/y and 21% q/q - male subscriptions revenue increased 6% y/y and females by 23% y/y. Gross profit increased 4% y/y to SAR 141m implying 160bps gross margin compres ...

Leejam Sports Company (1830.SE): Members growth resumes (+8% y/y) but aggressive expansion plan continues to weigh down on margins y/y-20260728 - Reportify