Bottom Line: Planet Fitness, SkullSoft and Itaconics – NH Business Review

News updates from public companies in NH and across the country

Development of New Planet Fitness in Mexico

Planet Fitness is expanding its influence in Mexico through a new franchise agreement that will bring additional gyms to the northern region of the country.

Hampton, NH-based fitness franchisor announced it has partnered with Impulse Gym to open new Planet Fitness locations in Tijuana and Mexicali. The deal is to strengthen the company’s presence in northern Mexico. Planet Fitness currently operates 47 locations in 14 states in Mexico.

Impulso Gym is a joint venture between Great American Hospitality and Fernando Sada, owner of Desarrollos Mafersa. The American hospitality giant develops and operates several U.S. restaurant brands in Mexico, including Applebee’s, Little Caesars and Wendy’s, while Desarrollos Mafersa previously served as the general contractor for First Planet Fitness Clubs built in Monterrey.

Planet Fitness entered Mexico in 2018 and said demand for its low-cost gym model continues to grow. According to the International Health and Fitness Association, gym membership in Mexico remains below 7%.

Chip Ohlson, Planet Fitness’ chief development officer, said the company has seen strong performance in the Mexican market and believes Impulso Gym’s regional expertise will help bring its fitness model to new communities.

Globally, Planet Fitness has more than 20.8 million members and operates more than 2,800 clubs in the United States, Canada, Mexico, Panama, Australia and Spain.

SkillSoft has been named the leader in IT training services in North America and Europe

Skillsoft (NYSE: SKIL) has been named a leader in two IDC MarketScape reports evaluating IT training services in North America and Europe, the company announced.

The Nashua-based provider of an AI-focused skills management platform was recognized on the IDC MarketScape for IT training services in both regions as organizations seek workforce training to support artificial intelligence initiatives.

The recognition comes amid a growing global skills shortage linked to rapid technological change. According to IDC, skills shortages could cost the global economy up to $5.5 trillion by the end of next year in lost revenue, productivity delays and reduced competitiveness. Nearly half of IT leaders say a lack of AI-related skills is slowing the progress of AI initiatives.

Skillsoft said its Percipio learning platform is designed to help companies assess workforce competency, identify skills gaps and deliver training quickly. The platform enables organizations to create customized learning content, provide personalized training paths and validate employee competencies through simulations, labs and certification programs.

The company said the platform supports multilingual teams and integrates with existing systems, allowing organizations to scale training programs across a global workforce.

IDC research director Jenna Smith said the platform is well-suited for large organizations that need extensive skills development, global reach and tools to align workforce training with AI-driven business changes.

ITACONIX Business Update

Stratham-based Itaconix plc (AIM: ITX ) (OTCQB: ITXXF ) reported strong revenue growth in 2025, surpassing $10 million in annual sales for the first time as demand for its plant-based specialty polymers increased.

The company said unaudited revenue rose 59% to $10.3 million for the year ending Dec. 31, 2025, from $6.5 million in 2024. The performance included a third consecutive record half year with second half revenue reaching $5.5 million compared to $4.8 million in the same period last year.

Growth was driven by new and existing customers in multiple regions and product applications.

The company said demand for its patented plant-based polymers continues as consumer product manufacturers seek sustainable, high-performance ingredients for products such as soaps, hygiene products and beauty products.

Increased revenue and expanded business flows allowed Itaconics to invest more in marketing and demand generation in 2026.

CEO John R. Shaw called 2025 an important year for the company, citing the growing adoption of its technology and strong customer engagement to create next-generation consumer products that focus on sustainability and performance.

The board said it is optimistic about the company’s outlook for 2026, citing a growing customer pipeline, expanding product approvals and a capital-efficient operating model.


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