Earnings & Results
Sport Clubs Company Reports SAR 22.7 Million Quarterly Profit on SAR 126.3 Million Sales
By News Desk ·
Key takeaways
- Sport Clubs Company reported quarterly net profit of SAR 22.7 million and sales of SAR 126.3 million.
- Ladies' centers segment (Body Motions) revenues grew 32.6% and men's centers segment (Body Masters) revenues grew 13.8% in the quarter.
- The quarter saw an increase in active members, higher subscription revenues and higher club utilization, alongside higher marketing, general and administrative expenses and finance costs.
Sport Clubs Company reported a quarterly net profit of SAR 22.7 million and sales of SAR 126.3 million, according to The future of trading. The Saudi-listed fitness operator said the quarter saw an increase in active members and higher subscription revenues.
Sport Clubs' Quarterly Segment Growth
The company said the quarter brought growth in personal training, other health services and accessories sale revenues, sports solutions revenues, and maintenance and operation contracts revenues. Sport Clubs also reported higher club utilization.
Revenue in the men's centers segment, operating under the Body Masters brand, rose 13.8%. Revenue in the ladies' centers segment, operating under the Body Motions brand, rose 32.6%. The company said the sports solutions segment, under the Body Experts brand, also posted revenue growth.
The quarter came with higher marketing expenses, higher general and administrative expenses and higher finance costs, the company said.
Sport Clubs' Club Network and Financing
Sport Clubs Company operates fitness centers across Saudi Arabia under the Body Masters, Body Motions and Body Experts brands, according to akta.pro company records. The same records put the network at 63 clubs as of June 2026, comprising 43 men's clubs and 20 women's clubs, with more than 800,000 members across 18 cities.
In June 2026, Sport Clubs secured SAR 70 million in Shariah-compliant Tawarruq financing from Saudi Awwal Bank with a five-year term and one-year grace period, to fund capital expenditures for new club expansion. That month it also opened two new fitness clubs in Buraydah in the Al Qassim region, totaling approximately 8,000 square meters across the Body Masters Premium and Body Motions brands.
Leases Behind Sport Clubs' Expansion
Sport Clubs signed a 20-year land lease for a 3,500-square-meter plot in Jeddah's Al Nuzhah district to develop a new Body Masters fitness club, valued at SAR 34.8 million excluding VAT with a rent-free period of about 15 months, Argaam reported in September 2026.
In August 2026, Argaam reported that Sport Clubs signed a 20-year lease valued at SAR 116.63 million for a commercial building in Riyadh to develop and operate a new sports center under its Body Masters – Premium brand. In July 2026, Argaam reported that Sport Clubs signed a SAR 22.8 million land lease for a 5,550.68-square-meter plot in the Al Bawadi district of Khamis Mushayt, running until January 28, 2051.
Sport Clubs' Next Steps
Sport Clubs' lease for a 4,125-square-meter plot in Riyadh's Al-Shuhada district runs 20 years from February 1, 2028, with a 16-month rent-free period, Argaam reported in September 2026.