Viva Leisure flexes financial muscle in H1 FY26

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Viva Leisure flexes financial muscle in H1 FY26
Viva Leisure flexes financial muscle in H1 FY26
Heidi Cuthbert
Written by Heidi Cuthbert
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Viva Leisure (ASX:VVA) has reported a powerhouse performance for the first half of fiscal year 2026, headlined by a 168% surge in statutory NPAT to $5.2 million.

The results, covering the period ended Dec. 31, 2025 underscore a period of aggressive "profit conversion" and network optimisation that has seen the health club operator expand its footprint to 518 locations nationwide.

The company's revenue climbed 17.6% to $116.5 million, fueled largely by the rapid expansion of its high-margin TPLR segment, which saw revenue skyrocket by 44.7%.

This segment now accounts for over 8% of total group revenue, signaling a successful shift toward more scalable, technology-driven growth vectors.

Investors were also treated to healthy margin expansion, with EBITDA margins widening to 21.8%, reflecting the company's ability to leverage its increasing scale against fixed operating costs.

Looking ahead, the company's FY26 guidance suggests the momentum is far from slowing.

Viva Leisure has upgraded its full-year revenue outlook to exceed $237 million, with an underlying NPAT target of over $16 million—a figure that notably outpaces analyst consensus by more than 20%.

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