The Beachbody Company Inc. (NYSE: BODI) has announced its financial results for the first quarter ended March 31, 2025. The company reported total revenue of $72.4 million, a decrease from $120.0 million in the same period the previous year. Digital revenue was recorded at $42.9 million, down from $61.5 million, with digital subscriptions totaling 1.02 million. Nutrition and other revenue also saw a decline, with figures at $28.7 million compared to $55.5 million the year prior, and nutritional subscriptions reached 0.08 million. The company's gross margin improved to 71%, up 350 basis points from the previous year. Despite these revenue declines, the company achieved its sixth consecutive quarter of positive adjusted EBITDA, exceeding guidance expectations. Looking ahead to the second quarter of 2025, The Beachbody Company projects revenue between $51 million and $61 million, with a net loss anticipated to range from $7 million to $3 million. The company has also strengthened its balance sheet with a new three-year $25 million committed lending agreement. Carl Daikeler, Co-Founder and CEO, expressed optimism about the new business model and opportunities for long-term success.
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