BOWFLEX INC.
Consumer Discretionary · Sporting & Athletic Goods, NEC · WA · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $206.0M | $286.8M | $589.5M | $206.1M | $93.7M | $309.3M |
| Operating income | −$89.7M | −$93.4M | −$25.3M | $39.7M | −$560,000 | −$100.5M |
| Net income | −$90.4M | −$105.4M | −$22.4M | $30.4M | $2.2M | −$92.8M |
| Total assets | $86.3M | $163.5M | $314.0M | $354.2M | $318.1M | $220.5M |
| Total liabilities | $110.1M | $102.2M | $150.0M | $171.7M | $164.9M | $129.9M |
| Equity | −$23.8M | $61.3M | $164.0M | $182.5M | $153.2M | $90.6M |
| EPS (diluted) | $-2.56 | $-3.34 | $-0.72 | $0.93 | $0.07 | $-3.13 |
| Shares out. | 36.4M | 32.0M | 31.5M | 30.3M | 29.8M | 29.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- −43.5%
- Net margin
- −43.9%
- Return on equity
- 379.5%
- Return on assets
- −104.7%
- Return on capital (ROCE)
- −199.8%
- Liabilities / assets
- 127.6%
- Debt / equity
- —
- Book value / share
- $-0.65
- Revenue growth (YoY)
- −28.2%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Altman Z″ (distress)
- -5.51distress
- Accruals / assets
- −111.8%clean
- Beneish M-Score
- -9.11normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Strong return on equity (>15%)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 11-Kmissed a reporting deadline ↗Jun 28, 2024
- NT 10-Kmissed a reporting deadline ↗Jun 28, 2024
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2024
- NT 11-Kmissed a reporting deadline ↗Jul 1, 2009
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivershipAug 21, 2024
- Terminated a material agreement · Bankruptcy or receivership · Completed an acquisition or disposition · Director / officer change · Amended charter or bylawsApr 23, 2024
- Regulation FD disclosure · Other material eventApr 16, 2024
- Director / officer changeMar 8, 2024
- Delisting / listing-standard noticeMar 6, 2024
- Entered a material agreement · Bankruptcy or receivership · New financial obligation · Regulation FD disclosureMar 5, 2024
- Terminated a material agreementMar 1, 2024
- Director / officer changeFeb 5, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.