February 24, 2018 1:48 PM ET

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Company Overview of YogaWorks, Inc.

Company Overview

YogaWorks, Inc. builds and operates yoga studios under the YogaWorks and Yoga Tree brand names in the United States. The company provides yoga classes, workshops, teacher training programs, and yoga-related retail merchandise. It also offers online yoga instruction and programming services through its MyYogaWorks Web platform. The company provides its programs to yoga students, children, athletes, seniors, and people in need of rehabilitation. As of December 31, 2016, it operated 49 yoga studios. The Company was formerly known as YWX Holdings, Inc. and changed its name to YogaWorks, Inc. on April 10, 2017. YogaWorks, Inc. was founded in 1987 and is headquartered in Culver City, California.

5780 Uplander Way

Culver City, CA 90230

United States

Founded in 1987

2,045 Employees

Phone:

310-664-6470

Key Executives for YogaWorks, Inc.

President, CEO & Director
Age: 51
Total Annual Compensation: $323.0K
Chief Financial Officer
Age: 41
Total Annual Compensation: $158.8K
Chief Customer Officer
Age: 52
Total Annual Compensation: $127.4K
Compensation as of Fiscal Year 2016.

YogaWorks, Inc. Key Developments

YogaWorks, Inc. Presents at 20th Annual ICR Investor Conference, Jan-08-2018 11:00 AM

YogaWorks, Inc. Presents at 20th Annual ICR Investor Conference, Jan-08-2018 11:00 AM. Venue: JW Marriott Orlando Grande Lakes, Orlando, Florida, United States. Speakers: Rosanna Covella McCollough, President, CEO & Director, Vance Yuwen Chang, Chief Financial Officer.

YogaWorks, Inc. Reports Un-Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2017; Provides Earnings Guidance for the Fourth Quarter and Year of 2017

YogaWorks, Inc. reported un-audited consolidated earnings results for the third quarter and nine months ended September 30, 2017. For the quarter, the company reported net revenue of $13.5 million compared to $13.5 million the third quarter of 2016. Adjusted LBITDA was $432,000 compared to adjusted EBITDA of $428,000 for the same quarter last year. Adjusted net loss was $3.1 million compared to adjusted net loss of $2.3 million for the same period last year. The company reported loss from operations of $4.1 million compared to $2.0 million, net loss before income taxes of $4.6 million compared to $2.4 million, net loss attributable to common stockholders of $4.6 million or $0.37 per basic and diluted share compared to $3.6 million or $48.61 per basic and diluted share for the last year. For the nine months, the company reported net revenue of $40.0 million compared to $41.9 million in 2016. Adjusted LBITDA was $141,000 compared to adjusted EBITDA of $1,626,000 in the last year. Adjusted net loss was $8.1 million compared to $6.5 million in last year. The company reported loss from operations of $10.3 million compared to $5.6 million, net loss before income taxes of $11.6 million compared to $6.8 million, net loss attributable to common stockholders of $12.7 million or $1.51 per basic and diluted share compared to $10.3 million or $140.56 per basic and diluted share for the last year. Net cash provided by operating activities was $1.7 million compared to net cash used in operating activities $0.2 million and purchase of property, equipment, and intangible assets was $1.0 million compared to $2.0 million for the last year. For the fourth quarter of 2017, the company expects net revenue between $14.3 million and $14.8 million and adjusted LBITDA between $0.7 million and $1.2 million. This compares to net revenue of $13.1 million and adjusted EBITDA of $71,000 for the fourth quarter of 2016. For fiscal 2017, the company expects net revenue between $54.3 million and $54.8 million and adjusted LBITDA between $0.8 million and $1.3 million. This compares to net revenue of $55.1 million and adjusted EBITDA of $1.7 million for 2016.

YogaWorks, Inc., Q3 2017 Earnings Call, Nov 14, 2017

YogaWorks, Inc., Q3 2017 Earnings Call, Nov 14, 2017

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