earnings
confidence high
sentiment neutral
materiality 0.70
Beachbody Q4 revenue $86.4M, down 27% YoY; adjusted EBITDA positive for 5th consecutive quarter
Beachbody Company, Inc.
- Q4 revenue $86.4M (down 27% YoY) at high-end of guidance; gross margin 70.5% up 830 bps.
- Net loss $34.6M includes $20M goodwill impairment, improved from $65M net loss in Q4 2023.
- Adjusted EBITDA $8.7M in Q4 vs $2.8M prior year; full-year adjusted EBITDA $28.3M vs -$8.7M.
- Digital subscriptions 1.07M (-18% YoY); nutrition subscriptions 0.09M (-44% YoY); total subs 1.16M (-21%).
- Q1 2025 guidance: revenue $60-70M, net loss $(11)-$(7)M, adjusted EBITDA $(2)-$2M.