Positive Adjusted EBITDA
The company reported positive adjusted EBITDA for the sixth consecutive quarter, delivering $3.7 million in Q1 2025, exceeding guidance and bringing the cumulative total to $34.8 million.
Debt Reduction
The company has successfully reduced its debt by more than 50% from $50 million to $18 million.
New Lending Agreement
BODi entered into a new $25 million loan facility with Tiger Finance, retiring existing debt and providing approximately $5 million of additional capital.
Gross Margin Improvement
Consolidated gross margins were 71.2%, an increase from previous levels and exceeding the long-term target of 65% to 70%.
Retail Expansion Plans
The company plans to roll out major retail distribution strategies, launching Shakeology and other products into retail channels starting late Q4 2025.
Affiliate Model Transition
Transitioned from MLM to a direct-to-consumer and affiliate model, which is expected to improve profitability and broaden the customer base.