Estados financieros detallados de The Beachbody Company, Inc. (BODI): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
The Beachbody Company, Inc. registró ingresos de $251.7M en el último ejercicio fiscal, con un CAGR de 5 años del -21.9%.
Márgenes de los últimos 12 meses: margen bruto 72.9%, margen operativo 8.2%, margen neto 5.7%. El flujo de caja libre creció a un CAGR del -5.9% en 5 años.
Al precio actual de $5.02, BODI cotiza a un P/E de 2.81 y un ROE del 39.07%. La capitalización bursátil es de $36M.
Cuenta de Resultados (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $790.3M | $755.8M | $863.6M | $873.6M | $692.2M | $527.1M | $418.8M | $251.7M |
| Coste de Ventas | $228.9M | $210.3M | $249.7M | $328.7M | $322.6M | $204.0M | $131.5M | $67.9M |
| Beneficio Bruto | $561.4M | $545.5M | $613.9M | $545.0M | $369.6M | $323.1M | $287.3M | $183.8M |
| I+D | $91.2M | $84.1M | $93.0M | $119.9M | $104.4M | $74.4M | $76.4M | $42.3M |
| Generales y Administrativos | $464.2M | $441.3M | $528.8M | $627.8M | $438.4M | $340.1M | $249.3M | $133.5M |
| Gastos Operativos | $562.2M | $526.6M | $620.2M | $842.3M | $572.7M | $464.1M | $353.6M | $175.8M |
| Beneficio Operativo | $5.9M | $18.9M | -$6.3M | -$297.3M | -$203.2M | -$141.0M | -$66.2M | $8.0M |
| EBITDA | $64.6M | $64.4M | $38.6M | -$183.8M | -$94.8M | -$80.4M | -$38.4M | $19.8M |
| Gastos por Intereses | $268000 | $790000 | $527000 | $536000 | $3.4M | $8.9M | $6.9M | $5.0M |
| Beneficio Antes de Impuestos | $116000 | $18.9M | -$6.2M | -$243.9M | -$197.2M | -$152.6M | -$71.4M | -$2.7M |
| Impuestos | $21.8M | -$13.4M | $15.3M | -$15.5M | -$3.1M | $37000 | $239000 | $125000 |
| Beneficio Neto | -$21.6M | $32.3M | -$21.4M | -$228.4M | -$194.2M | -$152.6M | -$71.6M | -$2.9M |
| BPA | $-18.09 | $24.99 | $-3.52 | $-41.50 | $-31.50 | $-24.47 | $-10.51 | $-0.41 |
| BPA Diluido | $-18.09 | $24.73 | $-3.52 | $-41.50 | $-31.50 | $-24.47 | $-10.51 | $-0.41 |
| Acciones en Circulación (Diluidas) | $1.2M | $1.3M | $6.1M | $5.5M | $6.1M | $6.2M | $6.8M | $7.0M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $59.9M | $55.5M | $54.3M | $49.6M |
| Beneficio Bruto | $44.6M | $41.3M | $38.1M | $35.7M |
| Beneficio Operativo | $5.0M | $8.2M | $3.1M | $1.7M |
| EBITDA | $8.4M | $10.2M | $6.9M | $4.5M |
| Beneficio Neto | $3.6M | $5.2M | $2.3M | $1.4M |
| BPA | $0.51 | $0.74 | $0.32 | $0.19 |
| BPA Diluido | $0.51 | $0.76 | $0.30 | $0.11 |
Balance (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $61.5M | $41.6M | $56.8M | $104.1M | $80.1M | $33.3M | $20.1M | $38.9M |
| Inversiones a Corto | $6.8M | 0 | 0 | 0 | 0 | 0 | $100000 | 0 |
| Cuentas por Cobrar | $2.6M | $1.5M | $855000 | $1.2M | $866000 | $1.3M | $1.4M | $1.1M |
| Inventario | $34.0M | $39.7M | $65.4M | $132.7M | $54.1M | $25.0M | $16.3M | $9.4M |
| Activos Corrientes | $137.5M | $127.7M | $169.1M | $299.4M | $186.5M | $119.3M | $78.7M | $63.8M |
| Inmovilizado Material | $102.0M | $122.3M | $113.4M | $119.7M | $79.2M | $48.1M | $15.8M | $10.1M |
| Fondo de Comercio | 0 | $7.7M | $19.0M | $125.2M | $125.2M | $85.2M | $65.2M | $65.2M |
| Activos Intangibles | 0 | $5.2M | $21.1M | $46.4M | $8.2M | 0 | 0 | 0 |
| Activos Totales | $250.2M | $291.1M | $356.3M | $637.6M | $443.4M | $276.8M | $174.6M | $147.0M |
| Cuentas por Pagar | $14.4M | $16.5M | $29.0M | $48.4M | $17.9M | $10.7M | $9.5M | $5.3M |
| Deuda a Corto | 0 | 0 | 0 | 0 | $1.2M | $8.1M | $9.5M | $1.1M |
| Pasivos Corrientes | $161.8M | $161.7M | $219.9M | $236.2M | $184.6M | $165.2M | $127.6M | $86.6M |
| Deuda a Largo | $24.8M | 0 | 0 | 0 | $39.7M | $21.5M | $9.7M | $22.6M |
| Pasivos Totales | $200.8M | $203.7M | $257.0M | $252.2M | $231.9M | $194.1M | $146.4M | $115.7M |
| Reservas | -$74.7M | $24.8M | $3.3M | -$225.0M | -$419.2M | -$571.9M | -$643.5M | -$646.4M |
| Patrimonio Neto | $49.3M | $87.4M | $99.3M | $385.4M | $211.5M | $82.8M | $28.2M | $31.3M |
| Deuda Total | $24.8M | $50.4M | $41.6M | $7.1M | $46.5M | $32.8M | $22.5M | $25.4M |
| Deuda Neta | -$43.5M | $8.9M | -$15.2M | -$96.9M | -$33.6M | -$490000 | $2.3M | -$13.5M |
| Capital Circulante | -$24.4M | -$34.0M | -$50.9M | $63.1M | $1.8M | -$45.9M | -$49.0M | -$22.8M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $33.9M | $38.9M | $36.6M | $32.4M |
| Activos Totales | $146.4M | $147.0M | $143.1M | $136.5M |
| Pasivos Totales | $121.7M | $115.7M | $108.8M | $99.3M |
| Patrimonio Neto | $24.7M | $31.3M | $34.4M | $37.2M |
| Deuda Total | $25.5M | $25.4M | $25.1M | $24.9M |
Flujo de Caja (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $116000 | $32.3M | -$21.4M | -$228.4M | -$194.2M | -$152.6M | -$71.6M | -$2.9M |
| Amortizaciones | $58.7M | $53.2M | $44.3M | $59.6M | $99.1M | $63.3M | $47.1M | $17.6M |
| Compensación en Acciones | $3.6M | $3.6M | $5.4M | $16.4M | $17.6M | $23.9M | $17.1M | $5.6M |
| Cambio en Capital Circulante | -$30.3M | -$41.8M | $7.5M | -$114.4M | -$20.8M | -$20.5M | -$18.0M | -$7.3M |
| Flujo de Caja Operativo | $63.6M | $42.0M | $61.4M | -$215.2M | -$47.2M | -$22.5M | $2.6M | $21.8M |
| Inversiones (CapEx) | -$23.9M | -$23.8M | -$37.9M | -$77.9M | -$26.5M | -$6.6M | -$4.5M | -$4.4M |
| Adquisiciones | 0 | -$6.5M | $1.2M | -$37.3M | 0 | 0 | $5.6M | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | -$28.7M | -$7.1M | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | $39.7M | $18.2M | $23.5M | -$293.2M | -$73.7M | -$29.1M | -$2.0M | $17.4M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $10.2M | $5.0M | -$1.3M | -$5.5M |
| Inversiones (CapEx) | -$1.2M | -$701000 | -$684000 | -$760000 |
| Flujo de Caja Libre | $9.0M | $4.3M | -$2.0M | -$6.2M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $1.0M | $871000 | 0 | $2.4M |
Crecimiento y Márgenes (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -4.4% | +14.3% | +1.2% | -20.8% | -23.9% | -20.5% | -39.9% |
| Crecimiento Beneficio Neto (anual) | | +249.3% | -166.4% | -965.6% | +15.0% | +21.4% | +53.1% | +96.0% |
| Crecimiento BPA (anual) | | +238.1% | -114.1% | -1079.0% | +24.1% | +22.3% | +57.0% | +96.1% |
| Cambio en Acciones (anual) | | +8.0% | +371.4% | -9.5% | +11.7% | +1.4% | +9.3% | +2.2% |
| Crecimiento FCF (anual) | | -54.1% | +29.1% | -1347.6% | +74.9% | +60.5% | +93.2% | +976.3% |
| Margen Bruto | 71.0% | 72.2% | 71.1% | 62.4% | 53.4% | 61.3% | 68.6% | 73.0% |
| Margen Operativo | 0.8% | 2.5% | -0.7% | -34.0% | -29.3% | -26.7% | -15.8% | 3.2% |
| Margen EBITDA | 8.2% | 8.5% | 4.5% | -21.0% | -13.7% | -15.3% | -9.2% | 7.9% |
| Margen Neto | -2.7% | 4.3% | -2.5% | -26.1% | -28.1% | -29.0% | -17.1% | -1.1% |
| Margen FCF | 5.0% | 2.4% | 2.7% | -33.6% | -10.6% | -5.5% | -0.5% | 6.9% |
| Tasa Impositiva Efectiva | 18751.7% | -70.8% | -247.8% | 6.4% | 1.5% | -0.0% | -0.3% | -4.6% |
Datos por Acción (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $33.20 | $14.10 | $3.86 | $-53.23 | $-11.98 | $-4.67 | $-0.29 | $2.49 |
| Dividendo por Acción | $23.98 | $5.46 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $1.2M | $1.3M | $6.1M | $5.5M | $6.1M | $6.2M | $6.8M | $7.0M |
Qué mirar en empresas de Communication Services
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | 39.07% |
| Rentabilidad sobre capital invertido | 26.74% |
| Rentabilidad sobre activos | 9.13% |
| Margen bruto | 72.89% |
| Margen operativo | 8.18% |
| Margen neto | 5.68% |
Salud financiera
| Deuda / Patrimonio | 0.67 |
| Ratio corriente | 0.79 |
Ratios Clave (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -28.94 | 20.95 | -148.72 | -2.86 | -0.83 | -0.34 | -0.59 | -25.27 |
| P/VC | 12.69 | 7.66 | 32.11 | 1.69 | 0.76 | 0.62 | 1.49 | 2.31 |
| P/V | 0.79 | 0.89 | 3.69 | 0.75 | 0.23 | 0.10 | 0.10 | 0.29 |
| Margen Bruto | 71.0% | 72.2% | 71.1% | 62.4% | 53.4% | 61.3% | 68.6% | 73.0% |
| Margen Operativo | 0.8% | 2.5% | -0.7% | -34.0% | -29.3% | -26.7% | -15.8% | 3.2% |
| Margen Neto | -2.7% | 4.3% | -2.5% | -26.1% | -28.1% | -29.0% | -17.1% | -1.1% |