Nautilus (NLS) Q4 2022 Earnings Call Transcript

Consider this chart as not solely exhibiting nice progress, but in addition exhibiting the potential for future progress. Churn has been enhancing. As we have shared, we have begun providing one-year trials in late September final yr to scale our member rely and get suggestions from a bigger variety of customers about which options they get pleasure from finest and which of them want enchancment. As these one-year trials start changing to paid, we’ll have the ability to share extra significant details about churn.

For now, churn can be an element embedded within the subscriber numbers. We’ll proceed to replace you and consider one of the best methods to offer visibility into JRNY and anticipate to increase metrics as they develop into extra helpful to guage our progress. Trying ahead, we imagine investments we made in fiscal ’22 will proceed to drive membership progress. Particularly, fiscal ’23 — in ’23, we’re actually enthusiastic about extra enhancements to the SelectTech expertise on JRNY.

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