SMART FIT (SMFT3): A ACADEMIA INTELIGENTE QUE NÃO PARA DE CRESCER!

🤑 Get a free 40-minute review of your investment strategy with a Suno Consultoria expert and discover the path to better results: 🤑 👉https://suno.me/revisao_de_carteira ------------------------------------------------------------------------------------------------------------------------------------------------------------------ SMARTFIT (SMFT3) GROWING NON-STOP | IS IT WORTH GETTING INTO THIS THESIS? In today's video, I welcome Edgard Corona (SmartFit) to open the black box of a case that is accelerating growth and attracting the attention of many investors. Here are the points that caught my attention: • 360 new stores/year (a rate of 1 store per day in 16 countries) • Store margins of ~50% and above-average efficiency per square meter • CAPEX per unit falling (even with better stores) • Affordable price + recurrence = larger addressable base and controlled churn • Expansion to Morocco and potential to double in size in current geographies • Profit reinvestment policy (prioritize growth now; dividends are postponed) So, one of two things: Either SmartFit is just "opening stores for the sake of opening them," or there's cost engineering, site selection, and scale behind it that can sustain ROIC and cash generation in the long term. My understanding is that there's a method—and that the fitness sector can still gain momentum (GLP-1, more people exercising, changing habits). For your convenience, the video is divided into three main parts: 1. WHAT'S HAPPENING NOW Opening rate, store maturity (~24 months), margins, CAPEX per store, seasonality ("January enrollment"), shareholder composition, and target leverage (~1.6–1.7x). 2. THE THESIS BEHIND GROWTH With a focus on building muscle, fewer idle spaces, and recurring revenues unlock productivity per square meter; pricing by geography (Leblon ≠ periphery), capturing demand with affordable tickets, and expanding into LATAM and Africa. 3. WHAT'S FOR THE INVESTOR? Reinvesting profits vs. paying dividends now, risks to monitor (execution, macro/interest rates, local competitiveness), and what I look at when pricing growth: same-store, payback time, ramp-up, real CAPEX, ROIC, and capital discipline. Want some advice? Watch until the end. It has numbers, strategy, and execution—everything we need to decide whether or not this thesis makes it into our portfolio. SMARTFIT (SMFT3) GROWING CONSTANTLY | IS THIS THESIS WORTH ENGAGING INTO? Video Content: 00:00 Dividends and Profit 01:09 History of SmartFit 04:20 International Expansion 07:00 Global Fitness Market 10:18 Business Model 13:25 IPO and Growth 20:22 Company Future 23:46 Conclusion Subscribe to the channel:    / @tiagoreisyt   👇 𝐓𝐞𝐦 𝐝𝐮́𝐯𝐢𝐝𝐚𝐬? 𝐃𝐞𝐢𝐱𝐞 𝐬𝐞𝐮 𝐜𝐨𝐦𝐞𝐧𝐭𝐚́𝐫𝐢𝐨. ----------------- 📲 𝗦𝗶𝗴𝗮 𝗦𝗢𝗧𝗡𝐚𝐬 𝗿𝗲𝗱𝗲𝘀 𝘀𝗼𝗰𝗶𝗮𝗶𝘀: Follow us on social media: ► Instagram l   / tiagogreis   ► ​​Twitter l   / tiagogreis   ► ​​LinkedIn l   / tiagogreis   Articles l https://suno.me/43PVmtQ Our Subscriptions l https://suno.me/3VSCwR0 Analyze Market Stocks for Yourself l https://suno.me/3JikXSJ