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Stock impact report

Beachbody (BODi) Reports Fourth Quarter and FY 2024 Financial Results

The Beachbody Company, Inc. - Class A (BODI) 
Company Research Source: Business Wire
Revenues in-line with the high-end of GuidanceGross Margin of 70.5%-up 830 bps over prior yearNet Loss of $35 million includes Goodwill ImpairmentAchieves Fifth Consecutive Quarter of Positive Adjusted EBITDA EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODi) (“BODi” or the “Company”), a leading fitness and nutrition company, today announced financial results for its fourth quarter ended December 31, 2024.“2024 was a pivotal year at BODi, as we continued to build upon our strategy to transform the Company. Our turnaround plan successfully streamlined our digital platform, lowering our breakeven point and enhancing our liquidity position,” said Carl Daikeler, BODi’s Co-Founder and Chief Executive Officer. “We generated higher margin revenue streams and achieved positive operating cash flows while successfully rearchitecting the company from a Multi-Level Marketing network to a single level affiliate model. As we move into 2025, we have laid the foundation Show less Read more
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