Nautilus (NLS) Q4 2022 Earnings Call Transcript

And we had $66 million obtainable for borrowing on our facility. Earlier than we flip to our expectations for fiscal ’23, I wish to discuss liquidity. We had about $80 million of liquidity at year-end. And even with the seasonally decrease Q1 income, we’re comfy about our liquidity coming into the yr.

Jim spoke to our potential to navigate the near-term macro headwinds. Our confidence stems from the framework we use as we’re planning North Star. We began our technique work pre-pandemic, and at the moment, we assumed progress would come from taking market share. We knew we would have liked gasoline for progress, so we made focusing choices like promoting Octane to liberate assets for North Star.

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