The Beachbody Company, Inc. · NASDAQ:BODI
The Beachbody — Forest Road Acquisition — SPAC Merger (March 2021)
59 slides from The Beachbody's SPAC merger presentation, Mar 16, 2021
Slide 1: The Leading Holistic Health and Wellness Platform That Delivers Results
THE LEADING HOLISTIC HEALTH AND WELLNESS PLATFORM THAT DELIVERS RESULTS 1 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. ICR
Slide 2: Disclaimer
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. This presentation (the “Presentation”) contemplates a business combination (the “Transaction”) involving Forest Road Acquisit ion Corp. (“FRX”), Beachbody, LLC (“Beachbody”) and MYX Fitnes
Slide 3: The Beachbody Company Mission
3 Help people achieve their goals and lead healthy, fulfilling lives. For two decades, the company has achieved that mission through the power of unparalleled at - home fitness and meal planning content, the creation of iconic brands and community, and innovations in social marketing and supplements
Slide 4: Today's Speakers
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. TODAY’S SPEAKERS 4 THE BEACHBODY COMPANY CARL Selina Tobaccowala Chief Digital Officer, Openfit Robert Gifford President and COO Heberto Calves President, MYX Sue Collyns President and CFO
Slide 5: Agenda
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 5 EXECUTIVE BUSINESS SUMMARY 1 AGENDA 2 OPPORTUNITY OVERVIEW 3 THE BEACHBODY COMPANY 4 DIGITAL SUBSCRIPTIONS 6 NUTRITION AND SUPPLEMENT SUBSCRIPTIONS 7 MARKETING, SOCIAL COMMERCE, AND COMM
Slide 6: Executive Business Summary
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 6 EXECUTIVE BUSINESS SUMMARY THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. KEVIN/TOM
Slide 7: At the Center of Three Megatrends
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 7 ▪ Clearly in focus on the heels of the pandemic ▪ Consumer (and investor) dollars continue to flow here ▪ Long tail for sustainable growth AT THE CENTER OF THREE MEGATRENDS Digital Subsc
Slide 8: Key Revenue Drivers
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 3 KEY REVENUE DRIVERS 8 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. KEVIN/TOM DIGITAL SUBSCRIPTIONS CONNECTED FITNESS EQ
Slide 9: How We Acquire, Engage, and Retain Customers
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. HOW WE ACQUIRE, ENGAGE, AND RETAIN CUSTOMERS 9 SOCIAL COMMERCE ~400,000 micro - influencer “Coaches” Macro - influencers and celebrities PERFORMANCE MARKETING Paid advertising through Face
Slide 10: Diversified Revenue Components with Significant Recurring Revenue
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 10 DIVERSIFIED REVENUE COMPONENTS WITH SIGNIFICANT RECURRING REVENUE SIGNIFICANT CASH FLOW GENERATION >$1.1B IN REVENUE (FORECASTED 2021) >65% CONSOLIDATED GROSS MARGIN 75% SUBSCRIPTION RE
Slide 11: The Beachbody Company at a Glance
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. THE BEACHBODY COMPANY AT A GLANCE 11 1 80 ,000,000 STREAMED VIEWS 0.4M+ NUTRITION SUBSCRIPTIONS 12 – 15 WORKOUTS PER SUBSCRIBER PER MONTH PAID DIGITAL SUBSCRIPTIONS 22 - YEAR TRACK RECORD
Slide 12: Powerful Competitive Advantages: Quality Content
POWERFUL COMPETITIVE ADVANTAGES 12 QUALITY CONTENT KEVIN/TOM The deepest library of high - quality evergreen content with 100% ownership of the IP complemented by highly effective nutrition products QUALITY CONTENT LIBRARY
Slide 13: Powerful Competitive Advantages: Scale / Expertise
POWERFUL COMPETITIVE ADVANTAGES 13 Scaled, branded fitness and nutrition platform with expertise in content creation, marketing, and distribution KEVIN/TOM SCALE / EXPERTISE QUALITY CONTENT QUALITY CONTENT LIBRARY
Slide 14: Powerful Competitive Advantages: Multi-Platform
POWERFUL COMPETITIVE ADVANTAGES 14 Multiple entry doors to acquire customers with significant opportunity to drive further monetization through cross - sell and upsell MULTI - PLATFORM BOD, OPENFIT, MYX, NUTRITION SCALE / EXPERTISE KEVIN/TOM QUALITY CONTENT QUALITY CONTENT LIBRARY
Slide 15: Powerful Competitive Advantages: Mass-Market
POWERFUL COMPETITIVE ADVANTAGES 15 MULTI - PLATFORM BOD, OPENFIT, MYX, NUTRITION MASS - MARKET SCALE / EXPERTISE Highly effective, journey - based programming and nutrition provides holistic solution at attractive price points KEVIN/TOM QUALITY CONTENT QUALITY CONTENT LIBRARY
Slide 16: Investment Highlights
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. SCALED, PROFITABLE FITNESS AND NUTRITION MARKET LEADER WITH POWERFUL COMPETI
Slide 17: Opportunity Overview
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 17 OPPORTUNITY OVERVIEW THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. CARL
Slide 18: Substantial Global Wellness Market Opportunity
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 18 SUBSTANTIAL GLOBAL WELLNESS MARKET OPPORTUNITY $4.5T GLOBAL WELLNESS INDUSTRY $828B FITNESS/ PHYSICAL ACTIVITY ▪ Global wellness spending was valued at +$4.5 trillion in 2019 ▪ Fitness/
Slide 19: Expanding Addressable Market
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 19 EXPANDING ADDRESSABLE MARKET $1 . 5 TRILLION $ 1 . 1 BILLION THE BEACHBODY COMPANY 2021E REVENUE CARL OVER TOTAL ADDRESSABLE MARKET Source: Global Wellness Institute Study, 2018 – 2019
Slide 20: Structural Change to the Fitness Industry
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 20 of all gym members won’t return to gyms upon reopening. — RunRepeat March 2021 47% of all consumers say they prefer working out at home to the gym. — The Wall Street Journal January 202
Slide 21: The Beachbody Company
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 21 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. CARL THE BEACHBODY COMPANY
Slide 22: Key Revenue Drivers
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 3 KEY REVENUE DRIVERS 22 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. DIGITAL SUBSCRIPTIONS CONNECTED FITNESS EQUIPMENT N
Slide 23: Holistic Fitness and Nutrition Solution Key to Better, Faster Results
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 23 HOLISTIC FITNESS AND NUTRITION SOLUTION KEY TO BETTER, FASTER RESULTS CARL THE COMBINATION OF FITNESS AND NUTRITION LEADS TO MORE EFFECTIVE, SUSTAINABLE RESULTS THAN EITHER PRACTICE ON
Slide 24: Digital Subscriptions
DIGITAL SUBSCRIPTIONS CONNECTED FITNESS EQUIPMENT NUTRITION AND SUPPLEMENT SUBSCRIPTIONS THE BEACHBODY COMPANY 24 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. CARL DIGITAL SUBSCRIPTIONS
Slide 25: Entry Doors for Digital Subscriptions
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 3 ENTRY DOORS FOR DIGITAL SUBSCRIPTIONS 25 DIGITAL SUBSCRIPTIONS BEACHBODY ON DEMAND (BOD), OPENFIT, AND MYX CARL ▪ Comprehensive library of live and on - demand content ▪ Live trainer - l
Slide 26: Digital Subscriptions Key Metrics
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. As of 12/31/20. 89% GROSS MARGIN ON DIGITAL SUBSCRIPTIONS 0% 5% 10% 15% 20% 25% 30% 35% 2015 2016 2017 2018 2019 2020 32% 0.0M 0.5M 1.0M 1.5M 2.0M 2.5M 3.0M 2015 2015 2016 2017 2018 2019 2
Slide 27: Our Proven and Profitable Model
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. Ideation Development Marketing Merchandising Data & Analytics OUR PROVEN AND PROFITABLE MODEL Approach all new ideas with rigor ▪ Coach/customer surveys ▪ Market trends ▪ Content calendar
Slide 28: Leader in Fitness Content Past, Present, and Future
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 28 ¹Workout Views as of December 31, 2020 *Includes all views per franchise LEADER IN FITNESS CONTENT PAST, PRESENT, AND FUTURE TREMENDOUS ASSET VALUE IN BOD LIBRARY DUE TO EVERGREEN NATUR
Slide 29: Openfit Is Built on BOD's Core Competencies
THE BEACHBODY COMPANY. CONFIDENTIAL and PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. OPENFIT IS BUILT ON BOD’S CORE COMPETENCIES Bring celebrity - based programs to mass market Access to NASM - certified* personal trainers in LIVE classes and challenges Best - in - class nutriti
Slide 30: Live Classes Overseen by Certified Trainers
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 30 LIVE CLASSES OVERSEEN BY CERTIFIED TRAINERS Users can turn their camera on, allowing trainers to give feedback on form and encouragement, just like an in - person studio fitness class 4
Slide 31: Connected Fitness Equipment
DIGITAL SUBSCRIPTIONS CONNECTED FITNESS EQUIPMENT NUTRITION AND SUPPLEMENT SUBSCRIPTIONS THE BEACHBODY COMPANY 31 CONNECTED FITNESS EQUIPMENT _ _ THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. HERBIE
Slide 32: MYX Fitness: An Exciting Connected Fitness Experience
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 32 MYX FITNESS: AN EXCITING CONNECTED FITNESS EXPERIENCE FOR A WIDER AUDIENCE ▪ Holistic on - /off - bike fitness solution ▪ Lower cost than competitors ($1,299) ▪ $29/month subscription f
Slide 33: MYX Fitness at a Glance
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. MYX FITNESS AT A GLANCE 33 27,000+ BIKES SOLD 15 WORKOUTS PER SUBSCRIBER PER MONTH SUBSCRIPTION MARGINS $100M REVENUE 2021E $29 PER MONTH SUBSCRIPTION COST 90% RETENTION MOM 98% Rounded nu
Slide 34: Holistic At-Home Fitness Experience: Points of Differentiation
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 34 HOLISTIC AT - HOME FITNESS EXPERIENCE POINTS OF DIFFERENTIATION MYX subscribers get access to a wide array of workouts that are personalized based on a subscriber’s heart rate data and
Slide 35: Ample Capacity to Support Demand
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. AMPLE CAPACITY TO SUPPORT DEMAND THE SUPPLY CHAIN IS SCALING AT A RATE THAT IS AT LEAST 2X OUR PROJECTED DEMAND IN ANY OF THE NEXT 5 YEARS 35 HERBIE CONNECTED FITNESS EQUIPMENT 27K 73K 136
Slide 36: MYX Supply and Delivery Chain Positioned to Scale Up Quickly
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. MYX SUPPLY AND DELIVERY CHAIN POSITIONED TO SCALE UP QUICKLY 36 HERBIE MANUFACTURING DISTRIBUTION DELIVERY ▪ 1 week to arrive at hubs, then 1 – 8 days to deliver to customer (depending on
Slide 37: MYX Fitness Will Be a Growth Engine
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 37 MYX FITNESS WILL BE A GROWTH ENGINE BEHIND OUR CONNECTED FITNESS OFFERING JON CONNECTED FITNESS EQUIPMENT A FULLY INTEGRATED PLATFORM LEVERAGING THE POWER OF BOD AND OPENFIT
Slide 38: MYX Fitness Will Be a Growth Engine
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 38 MYX FITNESS WILL BE A GROWTH ENGINE BEHIND OUR CONNECTED FITNESS OFFERING JON CONNECTED FITNESS EQUIPMENT THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY
Slide 39: Nutrition and Supplement Subscriptions
DIGITAL SUBSCRIPTIONS CONNECTED FITNESS EQUIPMENT NUTRITION AND SUPPLEMENT SUBSCRIPTIONS THE BEACHBODY COMPANY 39 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. CARL NUTRITION AND SUPPLEMENT SUBSCRIPTIONS
Slide 40: Nutrition and Supplement Subscriptions Accelerate Revenue
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. NUTRITION AND SUPPLEMENT SUBSCRIPTIONS ACCELERATE REVENUE DIGITAL SUBSCRIPTIONS CREATE MARKETING OPPORTUNITIES $450M $560M 1 Full year forecast for 2021E. 2021E REVENUE 1 2021E REVENUE 1 3
Slide 41: Diverse Portfolio of Branded Nutrition Products
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. DIVERSE PORTFOLIO OF BRANDED NUTRITION PRODUCTS FITNESS SUBSCRIPTIONS TRANSLATE TO NUTRITION AND SUPPLEMENT CROSS - SALES 41 OTHER NUTRITIONALS AND ACCESSORIES PRE - AND POST - WORKOUT SNA
Slide 42: Research and Development Nutrition Experts
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. DR. HUGH LIPPMAN SENIOR SCIENTIST, SCIENTIFIC AFFAIRS PHD – PURDUE UNIVERSITY PAUL FALCONE SENIOR SCIENTIST, SCIENTIFIC AFFAIRS MS – COLORADO STATE UNIVERSITY KRISTA MAGUIRE MANAGER, FOOD,
Slide 43: Creating Proprietary Nutrition Products That Work
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. CREATING PROPRIETARY NUTRITION PRODUCTS THAT WORK 1 INGREDIENT SELECTION ✓ NUTRITION ✓ POTENCY ✓ SENSORY 2 SUPPLIER QUESTIONNAIRE & DOCUMENTATION REVIEW ✓ QUALITY SYSTEMS ✓ FOOD SAFETY PRO
Slide 44: Marketing, Social Commerce, and Community
44 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. CARL DIGITAL SUBSCRIPTIONS CONNECTED FITNESS EQUIPMENT NUTRITION AND SUPPLEMENT SUBSCRIPTIONS THE BEACHBODY COMPANY MARKETING SOCIAL COMMERCE COMMUNITY
Slide 45: The Beachbody Company Demographics
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 19% 37% 44% <$50,000 $50,000 to $99,999 $100,000+ HOUSEHOLD INCOME MARRIED/LIVING WITH A ROMANTIC PARTNER 76% HAVE KIDS IN HOUSEHOLD 56% 5% 36% 39% 16% 4% 18 – 24 25 – 34 35 – 44 45 – 54 5
Slide 46: Marketing
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. MARKETING 46 MARKETING SOCIAL COMMERCE COMMUNITY CARL Performance Marketing ▪ Sophisticated analytics to drive efficiency through the acquisition funnel – Awareness channels of streaming a
Slide 47: Social Commerce: Micro-Influencers
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. SOCIAL COMMERCE 47 MARKETING SOCIAL COMMERCE COMMUNITY Micro - Influencers ▪ 400,000+ coaches are the largest influencer community in fitness ▪ Revenue - sharing opportunity ▪ Powerful dem
Slide 48: Social Commerce: Macro-Influencers and Celebrities
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. 48 Macro - Influencers and Celebrities ▪ Major followings with 125M+ people ▪ Revenue - sharing structure, similar to micro - influencer commission model ▪ Compelling content MARKETING SOC
Slide 49: Community
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. COMMUNITY 49 Engagement and Support ▪ Small group classes ▪ Facebook groups ▪ BODgroups ▪ Live - trainer messaging MARKETING SOCIAL COMMERCE COMMUNITY CARL
Slide 50: Growth Opportunities and Financial Overview
GROWTH OPPORTUNITIES AND FINANCIAL OVERVIEW 50 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. CARL
Slide 51: Significant Opportunities to Accelerate Growth
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. SIGNIFICANT OPPORTUNITIES TO ACCELERATE GROWTH 51 Increased investment in customer acquisition while maintaining historical return profile Accelerating international expansion and leveragi
Slide 52: Overview of Key Revenue Drivers
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. BOD, Openfit, MYX, and micro - influencer CRM platform Subscriptions in 2021 – 2025 period at an ARPU of $117 – $140 with pricing changes due to mix - shift and higher ARPU driven by new d
Slide 53: Key Assumptions and Opportunities
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. KEY ASSUMPTIONS AND OPPORTUNITIES IN - MODEL ASSUMPTIONS OUT - OF - MODEL OPPORTUNITIES 2020 – 2025 CONTRIBUTION TO CAGR % CONSERVATIVE ASSUMPTIONS ON THE BASELINE BUSINESS Baseline North
Slide 54: Revenue Bridge (2020E-2025E)
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. $0.9B $0.4B $0.9B $0.3B $0.8B $3.3B 2020 GAAP Revenue Baseline Digital Subscription and Nutrition International Growth Connected Fitness Increase 2025E FY Revenue REVENUE BRIDGE (2020E – 2
Slide 55: Revenue (2018A-2025E)
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. REVENUE (2018A – 2025E) THE BEACHBODY COMPANY HISTORICAL AND PROJECTED FINANCIALS ($ in millions) 55 $580 $505 $529 $560 $634 $783 $992 $1,261 $211 $251 $337 $456 $649 $879 $1,144 $1,452 $
Slide 56: Adjusted EBITDA (2018A-2025E)
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. ADJUSTED EBITDA (2018A – 2025E) COMMENTARY THE BEACHBODY COMPANY HISTORICAL AND PROJECTED FINANCIALS ($ in millions) 56 $66 $74 $32 ($30) $66 $181 $348 $532 2018A 2019A 2020E 2021E 2022E 2
Slide 57: Transaction Summary, Pro Forma Capitalization and Ownership
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. TRANSACTION SUMMARY PRO FORMA CAPITALIZATION AND OWNERSHIP FOREST ROAD TRANSACTION DETAILS 57 1 Shares and ownership based on fully diluted shares outstanding using the treasury stock meth
Slide 58: Opportunistic M&A
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. CATEGORY DESCRIPTION INTERNATIONAL DIGITAL FITNESS BRANDS Apps with unique functionality and international reach that could be integrated into Openfit NUTRITIONAL SUPPLEMENTS Startup suppl
Slide 59: The Leading Holistic Health and Wellness Platform That Delivers Results
THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED. THE LEADING HOLISTIC HEALTH AND WELLNESS PLATFORM THAT DELIVERS RESULTS 59 THE BEACHBODY COMPANY GROUP. CONFIDENTIAL AND PROPRIETARY. THIS INFORMATION MAY NOT BE DISCLOSED OR REPRODUCED.