Revenue Performance - Total revenue for Q2 2024 was $110.2 million, a decrease of 18.4% compared to $134.9 million in the prior year period[2]. - Digital revenue was $58.8 million, down 9.9% from $65.2 million in the prior year, with digital subscriptions totaling 1.15 million, a decline of 24.9%[2][4]. - Nutrition and Other revenue was $50.1 million, a decrease of 22.5% from $64.6 million in the prior year, with nutritional subscriptions totaling 0.14 million, down 26.2%[2][4]. - Total revenue for Q2 2024 was $110.2 million, a decrease of 18.4% compared to $134.9 million in Q2 2023[13]. - Digital revenue decreased to $58.8 million in Q2 2024 from $65.2 million in Q2 2023, representing a decline of 6.8%[13]. - Nutrition and other revenue fell to $50.1 million in Q2 2024, down 22.4% from $64.6 million in Q2 2023[13]. Profitability and Loss - Adjusted EBITDA was $4.9 million, compared to a loss of $4.8 million in the prior year, marking the third consecutive quarter of positive adjusted EBITDA[2][3]. - Net loss improved to $10.9 million, a 57.8% reduction from a net loss of $25.7 million in the prior year[2][4]. - Operating loss for Q2 2024 was $9.5 million, an improvement from a loss of $24.2 million in Q2 2023[13]. - Net loss for the six months ended June 30, 2024, was $25.1 million, compared to a net loss of $54.9 million in the same period of 2023[14]. - The company reported a net loss of $10,865,000 for the three months ended June 30, 2024, compared to a net loss of $25,748,000 for the same period in 2023, representing a 57.8% improvement[17]. Cash Flow and Liquidity - Cash provided by operating activities for the first half of 2024 was $8.2 million, compared to cash used of $14.4 million in the prior year[3]. - Cash provided by operating activities was $8.2 million for the six months ended June 30, 2024, compared to cash used of $14.4 million in the same period of 2023[14]. - The company reported a decrease in cash, cash equivalents, and restricted cash to $32.3 million at the end of Q2 2024 from $58.7 million at the end of Q2 2023[14]. - The net cash position as of June 30, 2024, was $10,868,000, an increase from $3,850,000 on December 31, 2023[19]. - Free cash flow for the six months ended June 30, 2024, was $5,264,000, compared to $(19,397,000) for the same period in 2023, showing a substantial improvement in liquidity[21]. - Cash and cash equivalents were $32,327,000 as of June 30, 2024, down from $33,409,000 on December 31, 2023[19]. Operational Efficiency - The company reduced its revenue breakeven point by over 40%, from over $900 million to under $500 million, enhancing its ability to generate sustainable cash flows[1]. - Average digital retention increased to 96.5%, up from 95.2% in the prior year, reflecting improved customer engagement[4]. - The company plans to continue focusing on key growth priorities and restructuring efforts to enhance operational efficiency[17]. Market Focus - The company is focusing on the $164 billion nutrition market, which is over 12 times larger than the $13 billion fitness market, to drive future growth[1]. Depreciation and Interest - The company incurred $5,411,000 in depreciation and amortization for the three months ended June 30, 2024, compared to $10,919,000 for the same period in 2023, reflecting a decrease of 50.5%[17]. - Interest expense for the three months ended June 30, 2024, was $1,652,000, down from $2,368,000 in the same period of 2023, a reduction of 30.1%[17]. - The company recorded a loss on partial debt extinguishment of $719,000 for the three months ended June 30, 2024[17]. - The current portion of the term loan decreased to $2,188,000 as of June 30, 2024, from $8,068,000 on December 31, 2023[19].

Table of Contents As filed with the Securities and Exchange Commission on June 10, 2024 Registration No. 333-276681 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 The Beachbody Company, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organization) Delaware 3600 85-3222090 (Primary Standard Industrial Classification Code Number) 400 Continen ...

Group 1 - The Beachbody Company, Inc. (BODi) will present at Water Tower Research's inaugural Consumer Products Virtual Investor Conference on June 5, 2024, at 1:00 p.m. ET [1][2] - BODi has been innovating home fitness and nutrition programs for 25 years, with notable programs including P90X, Insanity, and 21-Day Fix, and has helped over 30 million customers [2] - The BODi community focuses on accountability for health goals, including weight loss, improved strength, and overall well-being [2] Group 2 - Water Tower Research aims to modernize Investor Relations through research-driven communications and engagement, providing equal access to high-quality company research for all investors [3] - The conference will feature presentations and fireside chats from various branded consumer products companies and is complimentary for investors [5]

400 Continental Blvd, Suite 400 El Segundo, California 90245 (Address of principal executive offices) (Zip Code) (310) 883-9000 Registrant's telephone number, including area code Title of each classTrading Symbol(s)Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share BODI The New York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preced ...

El Segundo, Calif. (May 6, 2024) – The Beachbody Company, Inc. (NYSE: BODi) ("BODi" or the "Company"), a leading subscription health and fitness company, today announced financial results for its first quarter ended March 31, 2024. • Total revenue was $120.0 million compared to $144.9 million in the prior year period. Revenue Exceeds the Midpoint of Guidance First Quarterly Positive Free Cash Flow1 since 2020 First Quarter 2024 Results • Adjusted EBITDA 1 was $4.6 million compared to $(0.9) million in the p ...

Registration No. 333-276681 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 The Beachbody Company, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organization) Delaware 3600 85-3222090 (Primary Standard Industrial Classification Code Number) 400 Continental Blvd, Suite 400 Table of Contents As filed with the Securities and Exchange Commissi ...

"2023 was a transformational year at BODi. Our turnaround plan successfully simplified our digital platform, lowering our breakeven point and enhancing our liquidity position," said Carl Daikeler, BODi's Co-Founder and Chief Executive Officer. "In 2024, our objective is fostering more profitable revenue streams and sustainable free cash flows, with a renewed focus on reshaping our nutrition business. Our accomplishments in 2023 set the foundation for continued execution of our turnaround in 2024. We expect ...

A summary of the unvested option activity is as follows: RSUs granted to employees generally vest over four years, based on continued employment, while RSUs granted to members of the Board generally vest approximately one year after grant date. 101 Employee Stock Purchase Plan Repricing of Stock Options Equity-Based Compensation Expense The vesting periods are based on the terms of the option grant agreements, generally four to five years. The risk-free interest rates are based on the U.S. Treasury rates as ...

EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODY) (“BODi” or the “Company”), today announced that its Class A common stock will begin trading on the New York Stock Exchange (“NYSE”) under the new ticker symbol “BODI” prior to the market open on March 4, 2024. This will replace the company’s current ticker symbol, “BODY”. This new ticker symbol aligns with the company’s rebrand from Beachbody to BODi, announced on March 9, 2023. The Company’s Class A common stock, par value $0.000 ...

Table of Contents As filed with the Securities and Exchange Commission on January 24, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 The Beachbody Company, Inc. (Exact Name of Registrant as Specified in Its Charter) (State or other jurisdiction of incorporation or organization) Delaware 3600 85-3222090 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Nu ...