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.
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Benzinga
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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
Albert Hyunsung Shim to Publish New Mathematics Book Explaining Why dy over dx Behaves Like a Fraction
Albert Hyunsung Shim, founder of the Institute for Mathematical Research, which has offices in both Korea and the United States, is set to release a new mathematics book this August titled “Why dy/dx Acts Like a Fraction”, which offers a rigorous explanation of the true nature of the derivative notation dy/dx.

[Albert Hyunsung Shim]
In this upcoming work, Shim reveals that although dy/dx is not technically a fraction, its behavior can be mathematically justified as if it were one—based on the concept of limits, the foundational idea behind calculus. His research sheds new light on a symbol that has been used repeatedly in calculus education from high school to university, often explained only through intuition or memorized rules.
For generations, students have accepted identities such as “dy/dx = (dy/du) × (du/dx)” and “dy/dx = 1 / (dx/dy)” as axiomatic or purely intuitive without seeing a formal justification. Even Gottfried Wilhelm Leibniz, credited with introducing the notation, is not known to have provided a rigorous rationale for its structure.
Shim seeks to overturn this longstanding gap in mathematical pedagogy. His book reconstructs the internal logic behind dy/dx by employing the mathematical definition of limits. In doing so, he demonstrates the logical necessity for dy/dx to behave like a fraction, not just in appearance but in the underlying reasoning.

The author anticipates that his findings will have practical implications in math education. By offering students a conceptual framework grounded in mathematical reasoning, rather than rote memorization, the book could foster deeper understanding of calculus and its foundational principles. The book will be published both in Korea and internationally. An accompanying academic paper is also expected to become a valuable resource in the field of mathematics education.

The book has already garnered early praise from academic circles. Professor Hemant K. Singh of the Department of Mathematics at the University of Delhi, a leading institution in India, shared his thoughts after reviewing the manuscript.
“This work is a game changer, particularly for the new learners of differential calculus. It makes the operation of calculus so mind-blowingly intuitive that the students do not have to remember all its nitty-gritties. The results are thoughtfully derived from the fundamental rules of calculus. This research is indeed made-easy for both the teachers and the students.”
Albert Hyunsung Shim is a seasoned author of mathematics textbooks widely used in the U.S., particularly for AP Calculus and international math competitions. He currently heads the Institute for Mathematical Research and is slated to serve as a question setter for the Indian Mathematical Olympiad starting this fall.
“Mathematics derives its true value from uncovering and applying the logical structures that lie beneath its surface,” said Shim. “I hope this book inspires students to appreciate the inherent beauty of mathematics in a new way.”
Media Contact
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Contact Person: Olivia Smith
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The post Albert Hyunsung Shim to Publish New Mathematics Book Explaining Why dy over dx Behaves Like a Fraction 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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Press Release
Agama Coin Launches Presale with Utility and Community Focus
A new player in the cryptocurrency landscape is capturing the attention of investors and enthusiasts worldwide—Agama Coin, a visionary project poised to disrupt the digital economy with its utility-focused ecosystem and strong community-centric approach. As the presale officially launches via AgamaCoin.com/presale, early adopters are already positioning themselves to be part of what many see as the next wave in blockchain innovation.

At its core, Agama Coin is more than just another token—it’s a full-fledged ecosystem built to deliver long-term value, sustainability, and decentralized financial empowerment. Designed to serve real-world use cases while championing transparency and community participation, the project is strategically engineered for scalability and global reach. The Agama team’s mission is bold: to create a digital currency that serves as both a secure store of value and a powerful medium for peer-to-peer transactions, digital asset exchange, and decentralized application integration.
The launch of Agama’s presale comes at a time when investors are seeking blockchain projects that offer both vision and utility. With a clear roadmap, robust tokenomics, and multi-platform presence, Agama is drawing early comparisons to some of the market’s most successful launches. But unlike speculative coins driven by hype, Agama is anchored by transparency, purpose, and innovation.
A key factor setting Agama apart is its strong community engagement strategy. Through platforms like Telegram and Twitter, the development team is fostering a grassroots movement powered by open dialogue, consistent updates, and user empowerment. This approach reflects Agama’s belief that the future of finance belongs not just to institutions, but to individuals.
Moreover, Agama has prioritized educational outreach and digital inclusion through its growing YouTube presence at youtube.com/@agamacoin, where the team provides regular updates, tutorials, and community engagement content to ensure every user—from novice to expert—has the tools to participate confidently in the ecosystem.
The presale offers a limited-time opportunity for investors to purchase Agama Coin at an early-stage rate before listings and larger exchange integrations take place. By participating now, investors not only gain access to a potentially high-growth digital asset, but also take part in shaping a decentralized future built on collective trust and innovation.
As the presale gains momentum, Agama Coin is setting the tone for what a forward-thinking crypto launch should look like—transparent, inclusive, and grounded in real value creation. With growing attention across social media and a steadily expanding community, Agama is well-positioned to become one of the standout blockchain projects of the year.
For more information, updates, and presale participation, visit the official website athttps://www.agamacoin.com/ or join the community on Telegram and Twitter.
Contact:
Agama Coin Team
Website:https://www.agamacoin.com/
Telegram: https://t.me/Agamacoin2025
Twitter: https://twitter.com/Agama_coin
Media Contact
Organization: Agama Coin Team
Contact Person: Oksana Pyvovarova
Website: https://www.agamacoin.com/
Email: Send Email
City: Burgas
Country:Bulgaria
Release id:31977
The post Agama Coin Launches Presale with Utility and Community Focus 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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Press Release
Playtech Teams Up with BVGroup to Expand Bingo Offering
Playtech is making waves in the online bingo space with its latest partnership deal, teaming up with BVGroup to become the exclusive bingo provider for BetVictor and Heart Bingo. This move is set to shake up the market by bringing a fresh, dynamic experience to players on both platforms.
Under this new arrangement, users at BetVictor and Heart Bingo will now gain access to a broad selection of networked games running on Playtech’s state-of-the-art bingo platform. Beyond the traditional bingo games, players will also be treated to bespoke side games developed by Playtech’s Eyecon studio, promising an engaging and varied gaming experience.
Marat Koss, Playtech’s VP of Interactive Gaming, expressed enthusiasm about the partnership, describing it as a strategic step forward. He highlighted how BVGroup’s transition to Playtech’s advanced bingo platform is an important milestone. Heart Bingo stands as one of the industry’s leading and most iconic brands, underlining the significance of this collaboration. He also emphasised that Playtech looks forward to working closely with BVGroup to maximise Heart Bingo’s potential and strengthen Playtech’s position as the largest B2B bingo network globally.
On the BVGroup side, the excitement is equally palpable. The company believes that this partnership will enhance BVGroup’s offerings and help solidify its market standing. The collaboration is seen as a gateway to a more engaging player experience and opens doors for new campaigns and exciting projects in the near future.
This partnership fits perfectly into the broader trend of innovation in online bingo. Playtech’s platform brings a combination of scalability, reliability, and creativity that makes it a natural choice for operators looking to deliver top-tier bingo content. For BVGroup, aligning with Playtech means tapping into one of the industry’s largest and most sophisticated networks, which can drive player engagement and retention through diverse gaming options.
For players, this means more than just access to their favourite bingo games. The integration with Playtech’s platform means smoother gameplay, better graphics, and new side games that add layers of excitement beyond the traditional bingo halls. It’s a clear win for those who enjoy a vibrant and interactive gaming atmosphere.
Looking ahead, the partnership is expected to be a long-term collaboration, with both sides committed to growing the bingo segment. With Playtech’s innovative platform and BVGroup’s strong brand portfolio, the combined force looks well-positioned to set new standards in the online bingo world.
To sum up, this deal is more than just a business agreement. It’s a bold step toward evolving the bingo experience in a way that benefits operators and players alike. With BetVictor and Heart Bingo now powered by Playtech’s robust technology, the future looks bright for online bingo fans craving a fresh and thrilling way to play.
As the industry watches this partnership unfold, one thing is clear: both Playtech and BVGroup are ready to call ‘house’ on new opportunities and continued success.
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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.
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