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The Beachbody Co (The Beachbody Co) EBIT : $-129.2 Mil (TTM As of Mar. 2024)


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What is The Beachbody Co EBIT?

The Beachbody Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $-12.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-129.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. The Beachbody Co's annualized ROC % for the quarter that ended in Mar. 2024 was -13.54%. The Beachbody Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -110.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. The Beachbody Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -260.01%.


The Beachbody Co EBIT Historical Data

The historical data trend for The Beachbody Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Beachbody Co EBIT Chart

The Beachbody Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 19.70 -5.64 -243.39 -193.88 -143.73

The Beachbody Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.81 -23.39 -30.53 -63.00 -12.28

Competitive Comparison of The Beachbody Co's EBIT

For the Internet Content & Information subindustry, The Beachbody Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Beachbody Co's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, The Beachbody Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where The Beachbody Co's EV-to-EBIT falls into.



The Beachbody Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-129.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Beachbody Co  (NYSE:BODI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

The Beachbody Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-36.716 * ( 1 - -0.44% )/( (274.297 + 270.454)/ 2 )
=-36.8775504/272.3755
=-13.54 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=276.839 - 48.472 - ( 33.309 - max(0, 165.203 - 119.273+33.309))
=274.297

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=263.022 - 38.805 - ( 38.829 - max(0, 162.679 - 116.442+38.829))
=270.454

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

The Beachbody Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-49.116/( ( (48.118 + max(-69.336, 0)) + (40.436 + max(-77.264, 0)) )/ 2 )
=-49.116/( ( 48.118 + 40.436 )/ 2 )
=-49.116/44.277
=-110.93 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.27 + 24.976 + 59.718) - (48.472 + 97.169 + 9.659)
=-69.336

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.613 + 20.807 + 55.193) - (38.805 + 101.873 + 14.199)
=-77.264

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

The Beachbody Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-129.2/49.690
=-260.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Beachbody Co EBIT Related Terms

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The Beachbody Co (The Beachbody Co) Business Description

Traded in Other Exchanges
Address
400 Continental Boulevard, Suite 400, El Segundo, CA, USA, 90245
The Beachbody Co Inc is a health and wellness platform providing fitness, nutrition and stress-reducing programs to customers. The product offerings of the company include Digital Subscriptions, Nutritional Products, and Connected Fitness Products. It earns the majority of its revenue from the United States. The company operates and manages its business in two operating segments, Beachbody and Other.
Executives
Jonathan Congdon officer: SEE REMARKS C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Mark R Goldston director, officer: Executive Chairman C/O UNITED ONLINE, 2555 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Ann Marie Lundy director C/O THE BEACHBODY COMPANY, INC., 400 CONTINENTAL BLVD., SUITE 400, EL SEGUNDO CA 90245
Carl Daikeler director, 10 percent owner, officer: SEE REMARKS C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Kathy P Vrabeck officer: CHIEF STRATEGY OFFICER 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Marc Suidan officer: CHIEF FINANCIAL OFFICER C/O THE BEACHBODY COMPANY, INC., 400 CONTINENTAL BLVD., SUITE 400, EL SEGUNDO CA 90245
Michael Heller director CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Blake Timothy Bilstad officer: SEE REMARKS C/O THE BEACHBODY COMPANY, INC., 3301 EXPOSITION BLVD., SANTA MONICA CA 90404
John S. Salter director ONE LOMBARD STREET, SUITE 300, SAN FRANCISCO CA 94111
Susan Collyns officer: PRESIDENT & CFO 6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Rpiii Corp Spv Management Llc 10 percent owner 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Raine Management Llc 10 percent owner 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Rpiii Corp Aggregator Lp 10 percent owner ATTN: LEGAL DEPT., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Rpiii Rainsanity Lp 10 percent owner ATTN: LEGAL DEPT., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022