The Beachbody pany(BODY)

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Tiger Finance Provides $35 Million in Funding for The Beachbody Co.
Prnewswire· 2025-06-10 14:32
--Turnaround financing, done in partnership with SG Credit Partners, designed to support fitness and nutrition company's transition to a new business model. NEW YORK, June 10, 2025 /PRNewswire/ -- Tiger Capital Group's lending platform, Tiger Finance, has provided $35 million in financing to The Beachbody Company, Inc. (NYSE:BODI), a leading fitness and nutrition company.SG Credit Partners participated with Tiger in the funding package, which included an immediate $25 million term loan, as well as a $10 m ...
The Beachbody pany(BODY) - 2025 Q1 - Quarterly Report
2025-05-15 20:06
or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO Section 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-39735 The Beachbody Company, Inc. (Exact name of registrant as specified in its charter) Delaware 85-3222090 (State or other jurisdiction ...
The Beachbody Company, Inc. (BODI) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-14 22:15
The Beachbody Company, Inc. (BODI) came out with a quarterly loss of $0.84 per share versus the Zacks Consensus Estimate of a loss of $1.33. This compares to loss of $1.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.84%. A quarter ago, it was expected that this company would post a loss of $2.88 per share when it actually produced a loss of $1.89, delivering a surprise of 34.38%.Over the last four quarters, the company ...
The Beachbody pany(BODY) - 2025 Q1 - Quarterly Results
2025-05-14 20:06
Carl Daikeler, BODi's Co-Founder and Chief Executive Officer, commented: "Our first quarter results mark our first full quarter in our new business model and we are pleased to have exceeded our expectations. We continue to generate higher margin revenue streams, with first quarter gross margins at their highest level in five years. We have made significant progress in broadening our go to market strategy, opening new channels of distribution that were not previously available to us. This multi-channel oppor ...
The Beachbody Company, Inc. (BODI) May Report Negative Earnings: Know the Trend Ahead of Q1 Release
ZACKS· 2025-04-28 15:05
The market expects The Beachbody Company, Inc. (BODI) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other ...
The Beachbody pany(BODY) - 2024 Q4 - Annual Report
2025-03-28 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 The Beachbody Company, Inc. (Exact name of Registrant as specified in its Charter) Delaware 85-3222090 (State or other jurisdiction of incorporation or organization) 400 Continental Blvd, Suite 400, El Segundo, California 90245 (Address of principal executive offices) (Zip Code) (I.R.S. ...
The Beachbody Company, Inc. (BODI) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2025-03-27 22:20
Core Insights - The Beachbody Company, Inc. (BODI) reported a quarterly loss of $1.89 per share, which was better than the Zacks Consensus Estimate of a loss of $2.88, and an improvement from a loss of $4.80 per share a year ago, indicating a significant earnings surprise of 34.38% [1] - The company achieved revenues of $86.37 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.72%, although this represents a decline from year-ago revenues of $119.01 million [2] - The stock has increased approximately 22.6% since the beginning of the year, contrasting with a decline of -2.9% in the S&P 500 [3] Earnings Outlook - The earnings outlook for The Beachbody Company is mixed, with the current consensus EPS estimate for the upcoming quarter at -$1.08 on revenues of $73.6 million, and for the current fiscal year at -$4.60 on revenues of $273.4 million [7] - The company has surpassed consensus EPS estimates three times over the last four quarters, indicating a potential for future performance [2] Industry Context - The Consumer Services - Miscellaneous industry, to which The Beachbody Company belongs, is currently ranked in the bottom 8% of over 250 Zacks industries, suggesting that the overall industry outlook may negatively impact the stock's performance [8]
The Beachbody pany(BODY) - 2024 4 - Earnings Call Transcript
2025-03-27 21:00
The Beachbody Company, Inc. (BODY) Q4 2024 Earnings Conference Call March 27, 2025 05:00 PM ET Company Participants Tania - ModeratorBruce Williams - Managing Director, ICRMark Goldston - Executive Chairman, The Beachbody CompanyCarl Deichler - Co-Founder and Chief Executive Officer, The Beachbody CompanyBrad Ramberg - Interim Chief Financial Officer, The Beachbody Company Conference Call Participants Susan Anderson - Analyst, Canaccord GenuityJP Wallum - Analyst, Roth Capital PartnersNgochi Sri - Analyst, ...
The Beachbody pany(BODY) - 2024 Q4 - Annual Results
2025-03-27 20:06
Revenue Performance - Total revenue for Q4 2024 was $86.4 million, down 27.4% from $119.0 million in the prior year period, and at the high end of guidance[5]. - Full year 2024 total revenue was $418.8 million, down 20.5% from $527.1 million in the prior year[5]. - Total revenue for the year ended December 31, 2024, was $418.8 million, a decrease of 20.6% compared to $527.1 million in 2023[20]. - Digital revenue decreased to $224.3 million in 2024 from $258.4 million in 2023, representing a decline of 13.2%[20]. - Nutrition and other revenue fell to $187.8 million in 2024, down 24.7% from $249.5 million in 2023[20]. Digital and Subscription Metrics - Digital revenue decreased by 21.4% to $50.4 million, with digital subscriptions totaling 1.07 million, an 18.1% decline from 1.31 million[5][8]. - Nutrition and Other revenue fell by 32.8% to $34.8 million, with nutritional subscriptions down 44.1% to 0.09 million[5][8]. Profitability and Loss - Net loss for Q4 2024 was $34.6 million, a 46.8% improvement from a net loss of $65.0 million in the prior year[5][8]. - The company reported a net loss of $71.6 million for the year ended December 31, 2024, compared to a net loss of $152.6 million in 2023, indicating an improvement of 53%[20]. - The company achieved a significant reduction in operating loss, decreasing by $27.5 million to $32.9 million compared to the prior year[5]. - Operating loss for 2024 was $66.2 million, a reduction from an operating loss of $141.0 million in 2023[20]. Cash Flow and Assets - Cash and cash equivalents at the end of 2024 were $20.2 million, down from $33.4 million at the end of 2023[22]. - Total current assets decreased to $78.7 million in 2024 from $119.3 million in 2023, a decline of 34.1%[20]. - The net cash position as of December 31, 2024, was $1,019 thousand, down from $3,850 thousand in 2023[34]. - Free cash flow for the year ended December 31, 2024, was $(1,980) thousand, an improvement from $(29,113) thousand in 2023[37]. Restructuring and Costs - The company incurred approximately $9.3 million in costs associated with the Pivot restructuring in the three months ended December 31, 2024[38]. - The Pivot restructuring resulted in a reduction of approximately 170 employees, representing 33% of the company's workforce[38]. - The company recorded total restructuring costs of $18.5 million for the year ended December 31, 2024, due to the Pivot[39]. - Accelerated depreciation expense related to the Pivot was $8.2 million for the three months ended December 31, 2024[27]. Future Outlook - The outlook for Q1 2025 projects revenue between $60 million and $70 million, with an expected net loss between $11 million and $7 million[9]. - The company is focused on executing a multi-channel strategy and developing new innovative products to maximize market opportunities in 2025[2]. - The company expects to cease the sale of connected fitness inventory beginning in early 2025, leading to inventory adjustments of $1.2 million[41].
The Beachbody Company (BODI) Soars 5.3%: Is Further Upside Left in the Stock?
ZACKS· 2025-02-25 16:45
Company Overview - The Beachbody Company, Inc. (BODI) shares increased by 5.3% to $8.36 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 8.3% over the past four weeks, indicating positive momentum [1] Financial Performance - The company is expected to report a quarterly loss of $2.88 per share, reflecting a year-over-year increase of 40% in losses [2] - Projected revenues for the upcoming quarter are $81.7 million, which is a decline of 31.4% compared to the same quarter last year [2] Earnings Estimates - The consensus EPS estimate for The Beachbody Company has remained unchanged over the last 30 days, suggesting stability in earnings expectations [3] - The stock's price typically does not continue to rise without trends in earnings estimate revisions, indicating the importance of monitoring future earnings updates [3] Industry Context - The Beachbody Company operates within the Zacks Consumer Services - Miscellaneous industry, which includes other companies like BJ's Wholesale Club [3] - BJ's Wholesale Club has a consensus EPS estimate of $0.86 for its upcoming report, representing a year-over-year decrease of 22.5% [4] - BJ's currently holds a Zacks Rank of 1 (Strong Buy), contrasting with The Beachbody Company's Zacks Rank of 3 (Hold) [3][4]