Irish gym management tech firm Glofox records €34.4m loss for 2024

The company was co-founded by former Connacht rugby scrum-half Conor O’Loughlin

ABC Fitness partners with 30,000 clubs globally. Photo: Wavebreak Media

Scaling-up costs at the holding firm behind Irish gym management software company Glofox contributed to the business recording pre-tax losses of €34.39m last year.

New accounts for Project Goliath Holdings Ltd show the group recorded the losses as revenues decreased by 33pc from €31.95m to €21.4m.

In 2022, US tech group ABC Fitness Solutions acquired Glofox for upwards of €200m.

Glofox was founded in 2017 by Conor O’Loughlin (a former scrum-half with Connacht rugby), Anthony Kelly and Finn Hegarty.

Glofox provides a booking, payment and membership service for the heal

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