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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Australia
2 mins to read

F45 feels the burn with US$370m loss as celebrities sue

The gym franchise, popular in NZ, has lost more than 99% of its value since listing on the NYSE.

Actor Mark Wahlberg sits on F45's board.

Celebrities who endorsed the Mark Wahlberg-backed gym franchise F45 have turned on the company as restated financial accounts have revealed millions of dollars of losses in the last two years.

F45, which has expanded rapidly in New Zealand with around 80 gyms, yesterday released updated accounts for

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Lachlan Colquhoun Wed, 25 Oct 2023
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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F45 feels the burn with US$370m loss as celebrities sue
Australia,
101372
true