earnings
confidence high
sentiment negative
materiality 0.75
Beachbody Q4 2022 revenue $148.2M (-31% YoY); net loss $44.9M; Q1 outlook $135-140M
Beachbody Company, Inc.
- Total revenue $148.2M in Q4 2022, down 31% YoY; full-year revenue $692.2M, down 21%.
- Q4 net loss $44.9M improved from $146.0M loss; full-year net loss $194.2M vs $228.4M.
- Q4 adjusted EBITDA $3.5M positive vs -$26.6M prior year; full-year adjusted EBITDA -$23.3M.
- Digital subscriptions fell 23% to 2.0M; Connected Fitness revenue down 87% with 3,700 bikes delivered.
- Q1 2023 guidance: revenue $135-140M, adjusted EBITDA loss $3-6M; rebranded to BODi in March 2023.