Revenue: As of FY2025 Q1, the actual value is USD 72.36 M.

EPS: As of FY2025 Q1, the actual value is USD -0.84.

EBIT: As of FY2025 Q1, the actual value is USD -3.674 M.

Segment Revenue

• Total Revenue: $72.4 million, a decrease of 39.7% compared to $120.0 million in the prior year period.
• Digital Revenue: $42.9 million, down 30.2% from $61.5 million in the prior year period.
• Nutrition and Other Revenue: $28.7 million, a decrease of 48.4% from $55.5 million in the prior year period.
• Connected Fitness Revenue: $0.8 million, down 73.6% from $3.0 million in the prior year period.

Operational Metrics

• Net Loss: - $5.7 million, an improvement of 59.6% compared to a net loss of - $14.2 million in the prior year period.
• Gross Margin: 71%, up 350 basis points over the prior year.
• Operating Loss: Improved by $7.1 million to - $3.7 million compared to an operating loss of - $10.8 million in the prior year period.
• Adjusted EBITDA: $3.7 million, a decrease of 19.6% from $4.6 million in the prior year period.

Cash Flow

• Cash Provided by Operating Activities: $2.3 million compared to $9.1 million in the prior year period.
• Cash Used in Investing Activities: - $0.7 million compared to cash provided by investing activities of $3.9 million in the prior year period.
• Free Cash Flow: $1.6 million compared to $7.4 million in the prior year period.

Unique Metrics

• Digital Subscriptions: 1.02 million, a decrease of 16.6% from 1.22 million in the prior year period.
• Nutritional Subscriptions: 0.08 million, down 47.7% from 0.15 million in the prior year period.
• Connected Fitness Units Delivered: 1,500 bikes, a decrease of 56.9% from 3,500 bikes in the prior year period.

Outlook / Guidance

• For the second quarter of 2025, the company expects revenue between $51 million and $61 million and a net loss between - $7 million and - $3 million.
• Adjusted EBITDA is projected to be between $0 and $4 million.
• The company anticipates continued strategic initiatives to optimize top-line potential and position for long-term success.