Preview - Please log in to view full article.

Article Date: March 2024
Word Count: 141

Beachbody Will Be Cash Flow Positive in Q1


A $43.1 million impairment charge contributed to a net loss in the final quarter that expanded to $65,039,000 from a loss of $44,933,000, as total revenues declined 20% to $119,010,000 from $148,166,000. The connected fitness business dwindled 33% to just $3.2 million, amounting to 4,100 bikes delivered in the quarter. For the full year, connected fitness revenue was halved to $19.2 million, ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.