Viva Leisure finalizes recent acquisition and offers trading update

Viva Leisure Limited (ASX: VVA) has completed the acquisition of the first three locations in Western Australia ahead of schedule. This acquisition is part of a larger strategic initiative to expand its footprint, now totaling 180 corporate locations and over 385,000 network members—an increase of approximately 12% since June 2023.

The company achieved the upper end of its revenue guidance for Q4 and FY2024, with corporate membership rising to over 210,000. The completed locations are expected to contribute more than AU$3.9 million in annual EBITDA, with anticipated synergies of AU$1 million expected by FY2026. With these acquisitions, Viva has now integrated 105 locations since its listing in June 2019, reinforcing its position as Australia’s largest non-franchised health club brand and demonstrating its commitment to growth and operational excellence.

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