Peloton’s Financials
Peloton has been rising shortly. Revenues rose from about $440 million in FY’18 (fiscal yr ends June) to about $1.83 billion in FY’20, – an annual fee of over 100%. Tools gross sales rose from about $350 million in FY’18 to $1.46 billion in FY’20, with the corporate delivering 626k Bikes and Treads over 2020 alone. Subscription Revenues grew from about $80 million to $360 million, as the corporate’s base of related health subscribers rose from 246k in FY’18 to about 1.09 million in FY’20. Peloton’s complete membership base rose to three.1 million as of the top of FY’20, together with customers who solely pay for its digital subscription (not related to its tools). Over FY’21, we count on Peloton’s Revenues to develop to nearly $3.6 billion, pushed by continued progress in tools gross sales and a rising base of subscribers.
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