secwatch.observer — SEC 8-K summary
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Issuer:     Beachbody Company, Inc. (BODI)
CIK:        0001826889
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001193125-23-070135
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beachbody Q4 2022 revenue $148.2M (-31% YoY); net loss $44.9M; Q1 outlook $135-140M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826889/000119312523070135/0001193125-23-070135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826889/000119312523070135/d464966d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-070135

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