secwatch.observer — SEC 8-K summary
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Issuer:     Beachbody Company, Inc. (BODI)
CIK:        0001826889
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000950170-24-053561
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beachbody (BODi) reports Q1 revenue $120M, positive free cash flow $7.4M, first since 2020
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- Revenue $120.0M (down 17.2% YoY) beat midpoint of guidance; net loss improved to $14.2M from $29.2M.
- Adjusted EBITDA $4.6M vs. $(0.9M) a year ago; operating cash flow $9.1M vs. $(7.9M) prior year.
- Free cash flow positive $7.4M, first positive quarter since 2020; net cash position rose to $14.4M from $3.9M.
- Digital subscriptions 1.22M (-30.4% YoY); Nutrition & Other revenue $55.5M (-25.1% YoY).
- Q2 2024 guidance: revenue $103-113M, adjusted EBITDA $(3)-$3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826889/000095017024053561/0000950170-24-053561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826889/000095017024053561/body-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-053561

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer