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Prospect News home > News index > List of issuers I > Headlines for In-Shape Holdings, LLC > News item |
In-Shape posts $69.89 million net loss, zero net revenue for April
By Sarah Lizee
Olympia, Wash., May 18 – In-Shape Holdings, LLC reported a $69.89 million net loss on zero net revenue for the April period, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $4.59 million net profit on zero net revenue for the March period.
The company listed $1.28 million of unrestricted cash and cash equivalents as of April 30, compared to $2.48 million as of March 31.
In-Shape is a Stockton, Calif.-based health club operator. The company filed bankruptcy on Dec. 16 under Chapter 11 case number 20-13130.
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