Commercial Credit Report for Smartfit Escola de Ginastica e Danca SA

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	Smartfit Escola de Ginastica e Danca SA
Av Paulista 1294 Andar 02, Bela Vista
Phone: +55 1133650800p:+55 1133650800	SAO PAULO, 01.310-100 Brazil	Ticker: SMFT3SMFT3

Business Summary

Smartfit Escola de Ginastica e Danca SA is a Brazil-based company engaged in the fitness sector. The Firm manages, operates and maintains a fitness gym network based in Brazil, as well as in Peru, Mexico, Colombia, Chile, Argentina, Paraguay, Equador, Guatemala, Panama and Dominican Republic. The Company offers a variety of equipment including rowing machines, treadmills and muscle-building equipment. Furthermore, it offers different services among which are a variety of classes, such as dance classes, yoga and group trainings. The Firm’s activities are divided into three business lines: High Value/Low Price, which includes gyms under Smart Fit brand name; Premium, which operates gyms under Bio Ritmo and O2 brand names; and Other/New Businesses, which comprises royalties charged to franchisees and new models and fitness brands that the Company is developing.

(Source: F-4)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	Yes	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	12/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
7997	Membership sports and recreation clubs

General Information

Number of Employees:	3,838	(As of 12/31/2016)
Outstanding Shares:	586,242,289	(As of 12/31/2023)
Stock Exchange:	SAO

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