The Beachbody Company (BODY) investor relations material

Mission and market positioning

• Focused on helping people achieve their goals and lead healthier, more fulfilling lives since 1998.

• Offers step-by-step programs, tools, and support for health and fitness.

• Operates in the $6.5 trillion global wellness industry, targeting a $2.2 trillion segment in fitness and nutrition.

• Over 32 million customers and $12+ billion in revenue since inception.

• 140+ streaming workout programs and 6 owned nutrition brands.

Turnaround strategy and business transformation

• Executive Chairman Mark Goldston joined in June 2023 to lead a turnaround, leveraging experience from multiple successful turnarounds.

• Transitioned from MLM to a multi-channel model, including direct-to-consumer, Amazon, affiliate, and retail distribution.

• Reduced headcount from over 1,000 to under 300 in four years.

• Lowered adjusted EBITDA breakeven from $900 million to $180 million in less than three years.

• Refinanced debt, reducing interest rate from 28.5% to 15.1%.

Financial performance and milestones

• Achieved 9 consecutive quarters of positive adjusted EBITDA.

• Reported full-year operating income and positive net income in 2025 for the first time since IPO.

• Free cash flow improved from negative $293.2 million in 2021 to positive $17.4 million in 2025.

• Net income improved from a loss of $228.4 million in 2021 to a loss of $2.9 million in 2025, with positive quarters in Q3 and Q4 2025.

• Cash position at year-end 2025 was $39 million, with debt at $25 million.