Press Release
The Beachbody Company (NYSE: BODI) Reports Achieving Positive Turnaround In Revenue, EBITDA And Cash Flow In Q1 2024
–News Direct–
By James Blacker, Benzinga

Subscription health and fitness firm The Beachbody Company, Inc (NYSE: BODI) saw a significant turnaround in its financial results for the first quarter ending March 31, reporting higher revenue and adjusted EBITDA compared to the previous quarter as well as the first positive free cash flow quarter since 2020.
Positive Financial Metrics
The company, which now goes by BODi, reported a total revenue of $120 million for the first quarter, exceeding the midpoint of guidance. While revenue was down around 17% from $144.9 million in the same period of 2023, the figure grew from $119 million in the previous quarter representing the first quarter-on-quarter revenue growth since 2021.
BODis increase in revenue compared to the previous quarter was driven by a more than 7% increase in revenue from its Nutrition & Other segment, while the Digital and Connected Fitness segments saw slight dips in revenue over the same period.
A key highlight for the quarter was the companys first positive free cash flow since 2020, which was $7.4 million, compared to negative $11.3 million in the first quarter of 2023. BODi said it generated $9.1 million from operating activities in Q1 2024, in stark contrast to a cash outflow of $7.9 million from operating activities in the same period of 2023. The company also saw an inflow of $3.9 million from investing activities, compared to an outflow of $3.4 million last year.
"Our net cash position increased from $3.9 million at December 31, 2023 to $14.4 million at March 31, 2024, representing approximately a $10 million improvement in our liquidity in one quarter, noted Marc Suidan, BODis Chief Financial Officer.
Other key financial metrics also showed positive improvements, with a substantial rise in adjusted EBITDA at $4.6 million, compared to a negative $0.9 million in the first quarter of last year. Moreover, the company narrowed its net loss to $14.2 million in the first quarter from $29.2 million in the year-ago period.
BODis financial improvement in Q1 2024 was bolstered by a reduction in total operating expenses, which fell to $92.1 million in the first quarter from $118.8 million a year earlier. This helped slash the operating loss by $16.6 million (over 60%!), from $27.4 million to $10.8 million.
Outlook For Q2
Looking ahead to the second quarter of 2024 ending June 30, BODi expects to see revenue fall within the range of $103 million to $113 million, with a net loss of between $14 million and $20 million. Adjusted EBITDA in Q2 is projected to be between negative $3 million and positive $3 million.
While BODi appears to remain cautious in its Q2 outlook, the positive Q1 results mark a potential turning point for the company. The revenue growth, positive free cash flow and improved adjusted EBITDA signify robust progress in its turnaround plan.
Things could be looking up for BODi, provided it can capitalize on the booming online/virtual fitness market, which is projected to grow at a CAGR of 32.7% through 2032, becoming a $250.7 billion market.
Key Financial Metrics For The Quarter Ended 31 March
|
The Beachbody Company (NYSE: BODI) |
Peloton Interactive (NASDAQ: PTON)
|
GAIA Inc. (NASDAQ: GAIA) |
WW International (NASDAQ: WW)? |
Revenue |
$ 120 million |
$ 717.7 million |
$ 21.7 million |
$ 206.5 million |
Market cap (as of 22 May) |
$ 58.135 million |
$ 1.235 billion |
$ 94.253 million |
$ 136.232 million |
Subscriptions |
1.37 million |
6.6 million |
839,000 |
4 million |
Gross Profit |
$ 81.28 million |
$ 309.7 million |
$ 18.5 million |
$ 137.8 million |
Adjusted EBITDA |
$ 4.6 million |
$ 5.8 million |
|
$ 8.8 million |
Additionally, a comparison of the Market Cap to Last Twelve Months (LTM) Revenue ratio can be found below:
The Beachbody Company (NYSE: BODI) |
Peloton Interactive (NASDAQ: PTON)
|
GAIA Inc. (NASDAQ: GAIA) |
WW International (NASDAQ: WW)? |
|
Market Capitalization |
$ 58.135 million |
$ 1,235 million |
$ 94.253 million |
$ 136.232 million |
Revenue (LTM) |
$ 502 million |
$ 2,699 million |
$ 82 million |
$ 854 million |
Revenue / Market Cap Ratio |
0.12 |
0.46 |
1.15 |
0.16 |
Featured photo by StockSnap on Pixabay.
Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.
This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.
Contact Details
Benzinga
+1 877-440-9464
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/the-beachbody-company-nyse-bodi-reports-achieving-positive-turnaround-in-revenue-ebitda-and-cash-flow-in-q1-2024-631979198
Benzinga
COMTEX_453283437/2655/2024-06-03T08:47:10
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Press Release
Ceylon (Rs) Coin Gains Strong Momentum and Loyal Community Support Following LBank Launch
Costa Rica – August, 2025 – Ceyloncoin Limited is thrilled to announce the successful launch and robust trading performance of Ceylon (Rs) Coin on the LBank cryptocurrency exchange. Since its listing, Ceylon (Rs) has captured significant global attention, marking a pivotal milestone in the token’s journey toward widespread adoption and growth.
Ceylon (Rs) Coin has distinguished itself through its dedicated and expanding community of long-term holders who demonstrate unwavering confidence in the project’s vision and fundamentals. This strong holding pattern reflects a deep trust in Ceylon’s potential for sustained growth, setting it apart in the competitive cryptocurrency market. The token’s stability is further reinforced by a committed user base and active traders, contributing to its steady rise in trading volume and market interest.
The successful listing on LBank, alongside other prominent exchanges such as Vindex, Azbit, and Daxserver, has significantly enhanced Ceylon (Rs) Coin’s liquidity and accessibility to investors worldwide. These platforms have facilitated seamless trading, enabling both new and seasoned investors to participate in the token’s promising trajectory. Market analysts project substantial growth for Ceylon (Rs) over the next four to five years, driven by increasing adoption, expanding real-world utility, and a robust community foundation.
“We are deeply encouraged by the enthusiastic participation and steadfast support from our community,” said Mr. Marasinghe, CEO of Ceyloncoin Limited. “The strong holding behavior and steady user growth validate our long-term vision. Our listings on leading exchanges like LBank, Vindex, Azbit, and Daxserver have broadened access for global investors, and we remain committed to driving innovation, transparency, and regulatory compliance.”
Key Highlights of Ceylon (Rs) Coin’s Success
- Successful Exchange Listings: Ceylon (Rs) Coin is actively traded on LBank, Vindex, Azbit, and Daxserver, ensuring high liquidity and global reach.
- Loyal Community Support: A strong and growing community of long-term holders reflects confidence in the project’s future.
- Rising Market Traction: The token has seen a consistent increase in trading volume and positive market reception.
- Promising Growth Outlook: Analysts anticipate significant adoption and value appreciation over the next four to five years.
- Commitment to Excellence: Ceyloncoin Limited prioritizes innovation, transparency, and adherence to regulatory standards.
Trade Ceylon (Rs) Coin
Investors and traders can access Ceylon (Rs) Coin on the following platforms:
- LBank: https://www.lbank.com/trade/rs_usdt
- Vindex: https://vindax.com/exchange?symbol=RS_USDT
- Azbit: https://azbit.com/exchange/RS_USDT
- Daxserver: https://dexscreener.com/solana/HQPMEbkZmwxCscm6wQmDXc5Ywyft7aRsbKdooh6Ldr8a
Join the Ceylon (Rs) Community
Stay informed and engage with the Ceylon (Rs) Coin community through the following channels:
- Website: www.ceyloncoin.info
- X (Twitter): https://x.com/Ceyloncointeam
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- YouTube: https://www.youtube.com/@ceylon-coin
- CoinMarketCap: https://coinmarketcap.com/currencies/ceylon/
- CoinGecko: https://www.coingecko.com/en/coins/ceylon
For a deeper dive into Ceylon (Rs) Coin’s vision and progress, watch their latest video address: https://youtu.be/o8CP1_LFkrQ.
Ceyloncoin Limited invites both new and existing users to join this exciting journey as Ceylon (Rs) Coin continues to establish itself as a leading digital asset.
About Ceyloncoin Limited
Ceyloncoin Limited is dedicated to advancing the adoption and utility of Ceylon (Rs) Coin, a digital asset designed to empower users with innovative financial solutions. With a focus on community, transparency, and growth, Ceyloncoin Limited is shaping the future of decentralized finance.
For media inquiries, please contact support@ceyloncoin.info.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Former US Marine Gedam Tekle Launches First-of-Its-Kind Digital Asset Payment Processing Business Program for Aspiring Entrepreneurs
Digital Residuals, led by former U.S. Marine and retired police sergeant turned 7-figure entrepreneur Gedam Tekle, proudly announces the official launch of the first and only Digital Asset Payment Processing Business Startup Program designed specifically for individuals. This groundbreaking initiative opens the door for everyday people to tap into the booming world of digital payments with the guidance of one of the industry’s most proven leaders.
Digital Residuals, led by former U.S. Marine and retired police sergeant turned 7-figure entrepreneur Gedam Tekle, proudly announces the official launch of the first and only Digital Asset Payment Processing Business Startup Program designed specifically for individuals. This groundbreaking initiative opens the door for everyday people to tap into the booming world of digital payments with the guidance of one of the industry’s most proven leaders.
Backed by nearly a decade of real-world success in building digital income streams and helping over 4,000 individuals generate new revenue sources, Tekle’s program is not just another course — it’s a complete “done with you” business-building system. With in-depth education, technical onboarding, and live lead generation support, the program is tailored to fast-track entrepreneurs into the highly profitable digital asset space.
“This is more than a launch — it’s a mission,” said Gedam Tekle, Founder of Digital Residuals. “As a Marine and former police sergeant, I’ve dedicated my life to service. Now, I’m serving a new mission: empowering entrepreneurs with the tools, knowledge, and support to create financial freedom in a rapidly changing economy.”
The digital payment industry has seen explosive growth, especially with the rise of decentralized finance, digital currencies, and blockchain-based platforms. Yet, few legitimate, accessible opportunities exist for individuals without technical backgrounds to capitalize on this trend. Gedam Tekle’s system solves that problem — offering a clear, guided path into digital entrepreneurship through a combination of cutting-edge training, one-on-one mentorship, and real business infrastructure.
Key features of the program include:
A full-suite digital payment processing setup
Easy-to-follow educational modules
Live mentorship and tech support
Proven marketing and lead-generation systems
Ongoing community access and accountability
Participants don’t need to be tech-savvy or have a background in finance — the system is designed for anyone motivated to build a digital business from the ground up. With Tekle’s leadership and success-proven strategies, individuals now have a chance to gain long-term financial leverage in a rapidly expanding market.
The launch comes at a time when more people are seeking flexible, remote-friendly income streams, and Digital Residuals provides a timely and trustworthy solution. Entrepreneurs and aspiring business owners are encouraged to apply now, as enrollment is limited.
For more information or to get started, contact:
Gedam Tekle
Email: gedam@digitalresiduals.co
Website: https://digitalresiduals.co
Location: Miami, Florida, USA
Media Contact
Organization: digitalresiduals
Contact Person: Gedam Tekle
Website: https://digitalresiduals.co
Email: Send Email
Contact Number: +18312418659
Address:Miami, Florida, USA
City: miami
State: florida
Country:United States
Release id:31987
The post Former US Marine Gedam Tekle Launches First-of-Its-Kind Digital Asset Payment Processing Business Program for Aspiring Entrepreneurs appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Derivatives-trading-com Launches Institutional Order Flow Mentorship Program for 2025
France, 6th Aug 2025– Derivatives-trading.com, a financial education platform founded in 2024, today announced the launch of its Institutional Order Flow Mentorship Program, designed to train traders in institutional-grade market analysis methodologies.
Program Framework
The structured curriculum focuses on three core components:
1. Real-Time Market Flow Analysis
Access to institutional data streams (open interest, liquidity clusters, and positioning metrics).
2. Daily Trade Setup Breakdowns
Contextualized analysis of market structure, risk parameters, and institutional narratives.
3. Personalized Mentorship
One-on-one coaching sessions to align strategies with individual trading styles.
Distinctive Methodology
Unlike conventional trading courses, the program emphasizes:
– Anticipatory Trading
Shifting from reactive price-chasing to capitalizing on institutional footprint patterns.
– Narrative Integration
Correlating macroeconomic events with order flow dynamics.
– Adaptive Execution Frameworks
Customizable strategies for volatile market phases.
Target Audience
The program serves intermediate to advanced traders seeking to transition from retail-oriented tactics to institutional execution frameworks.
About Derivatives-trading.com
Founded in 2024, Derivatives-trading.com specializes in democratizing institutional trading strategies through data-driven education. The platform combines quantitative analytics with mentorship-based learning.
Media Contact:
Maria Elena
contact@derivatives-trading.com
https://derivatives-trading.com/
Media Contact
Organization: Derivatives-trading.com
Contact Person: Sam Cheng Co-founder
Website: https://derivatives-trading.com/
Email: Send Email
Country:France
Release id:31944
The post Derivatives-trading-com Launches Institutional Order Flow Mentorship Program for 2025 appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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