Mindbody (MB), the software provider for fitness studios, went public on the Nasdaq on Friday, after raising $100 million in its IPO.
The San Luis Obispo, Ca.-based company provides payments software and online scheduling platforms for 42,000 health and wellness businesses globally and has gained significant traction with yoga studios. Clients include ClassPass, Bikram Yoga, and New York Health & Racquet Club.
MINDBODY, Inc. is a company that operates an online wellness services marketplace with over 42,000 local business subscribers. Through its integrated cloud-based business management software and payments platform, the Company enables businesses to manage class and appointment schedules, staff members, client information, online bookings, inventory, payroll and retail sales. The Company also offers marketing and client retention capabilities to help businesses acquire and retain their clients, and analytics capabilities to help them improve their businesses and plan for the future. It connects consumers with local businesses through its MINDBODY Connect platform, which powers a mobile interface that allows consumers to discover, evaluate, book and pay for wellness services, whether they are near their homes or traveling. Its Connect Workplace offering extends its platform to corporate employers. Its applications and add-ons include MINDBODY Express and Engage by MINDBODY Connect.
Address
4051 Broad St Ste 220
SAN LUIS OBISPO, CA 93401-8723
United States
Key stats and ratios
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| Net profit margin | -35.31% | -35.15% |
| Operating margin | -34.37% | -34.38% |
| EBITD margin | - | -27.85% |
| Return on average assets | -43.75% | -47.42% |
| Return on average equity | - | - |
| Employees | 1,100 |
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