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The Beachbody Co (The Beachbody Co) Retained Earnings : $-586.1 Mil (As of Mar. 2024)


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What is The Beachbody Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Beachbody Co's retained earnings for the quarter that ended in Mar. 2024 was $-586.1 Mil.

The Beachbody Co's quarterly retained earnings declined from Sep. 2023 ($-506.8 Mil) to Dec. 2023 ($-571.9 Mil) and declined from Dec. 2023 ($-571.9 Mil) to Mar. 2024 ($-586.1 Mil).

The Beachbody Co's annual retained earnings declined from Dec. 2021 ($-225.0 Mil) to Dec. 2022 ($-419.2 Mil) and declined from Dec. 2022 ($-419.2 Mil) to Dec. 2023 ($-571.9 Mil).


The Beachbody Co Retained Earnings Historical Data

The historical data trend for The Beachbody Co's Retained Earnings 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.

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The Beachbody Co Retained Earnings Chart

The Beachbody Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 24.77 3.34 -225.04 -419.24 -571.88

The Beachbody Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 -448.42 -474.17 -506.84 -571.88 -586.09

The Beachbody Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


The Beachbody Co  (NYSE:BODI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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