WW International, Inc. (WW) Bundle
A Brief History of WW International, Inc. (WW)
Company Overview
WW International, Inc. (WW), formerly known as Weight Watchers, is a global wellness and weight loss company headquartered in New York City.
Financial Performance
| Fiscal Year | Revenue | Net Income | Subscribers |
|---|---|---|---|
| 2023 | $690.1 million | $-25.9 million | 4.1 million |
| 2022 | $772.3 million | $76.1 million | 4.4 million |
Key Business Segments
- Digital Subscription Services
- Workshop Meetings
- Personal Coaching
- WW App and Digital Platforms
Stock Performance
NYSE Ticker: WW
52-week stock price range: $4.98 - $11.39
Market Capitalization: Approximately $300 million (as of January 2024)
Leadership
Chief Executive Officer: Sima Sistani (as of 2023)
International Presence
| Region | Number of Countries |
|---|---|
| North America | 2 |
| Europe | 8 |
| Australia/New Zealand | 2 |
A Who Owns WW International, Inc. (WW)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| Vanguard Group Inc | 4,742,404 | 16.49% |
| BlackRock Inc | 3,929,805 | 13.66% |
| Renaissance Technologies LLC | 2,124,137 | 7.39% |
Top Institutional Investors
- Dimensional Fund Advisors LP: 2,055,716 shares
- State Street Corporation: 1,897,224 shares
- Morgan Stanley: 1,345,678 shares
Insider Ownership
As of the latest filing, Michael Lysaght serves as Chief Financial Officer with direct stock ownership.
Total insider ownership represents approximately 2.3% of total outstanding shares.
Public Trading Details
WW International, Inc. is publicly traded on NASDAQ under ticker symbol WW.
Total outstanding shares: 28,740,000 as of Q4 2023.
WW International, Inc. (WW) Mission Statement
Company Overview
WW International, Inc. (WW) reported annual revenue of $967.1 million in 2022. The company operates in 30 countries with 4.4 million active subscribers as of December 31, 2022.
Mission Statement Components
- Inspire healthy habits for real life
- Provide science-based weight loss and wellness solutions
- Support members through digital and in-person experiences
Strategic Priorities
| Priority Area | Specific Target |
|---|---|
| Digital Engagement | 3.1 million digital subscribers in 2022 |
| Global Market Presence | Operations in 30 countries |
| Revenue Stream | $967.1 million annual revenue |
Financial Performance Metrics
Net income for 2022: $40.1 million. Adjusted EBITDA: $205.4 million. Cash and cash equivalents: $320.1 million as of December 31, 2022.
Member Engagement
- 4.4 million total active subscribers
- 3.1 million digital subscribers
- 1.3 million workshop and meeting members
Key Performance Indicators
| Metric | 2022 Value |
|---|---|
| Total Revenue | $967.1 million |
| Net Income | $40.1 million |
| Adjusted EBITDA | $205.4 million |
How WW International, Inc. (WW) Works
Business Model
WW International, Inc. operates a digital health and wellness platform focused on weight loss and lifestyle transformation. As of Q4 2023, the company reported 4.1 million subscribers.
Revenue Streams
| Revenue Source | Annual Revenue (2023) |
|---|---|
| Digital Subscriptions | $452.3 million |
| Workshop Revenues | $203.7 million |
| Product Sales | $87.5 million |
Subscription Pricing
- Digital Plan: $20.95/month
- Digital + Workshops Plan: $44.95/month
- Personal Coaching Plan: $59.95/month
Operational Metrics
Total Operating Expenses in 2023: $764.2 million
Net Loss in 2023: $98.6 million
Technology Platform
WW utilizes a mobile application with features including:
- Personal weight tracking
- Nutrition tracking
- Activity monitoring
- AI-powered coaching
Global Presence
| Region | Number of Subscribers |
|---|---|
| North America | 3.2 million |
| Europe | 650,000 |
| Other Markets | 250,000 |
Stock Performance
Stock Price (as of January 2024): $4.23
Market Capitalization: $270.5 million
How WW International, Inc. (WW) Makes Money
Revenue Streams
WW International, Inc. generates revenue through multiple channels:
- Subscription-based digital platform
- Digital and physical product sales
- Membership fees
- Corporate wellness programs
Subscription and Membership Financials
| Revenue Category | 2022 Amount | 2023 Estimated Amount |
|---|---|---|
| Digital Subscriptions | $272.3 million | $285.6 million |
| Workshop Revenues | $178.5 million | $165.2 million |
| Product Sales | $124.7 million | $132.4 million |
Membership Pricing Structure
WW offers multiple membership tiers:
- Digital Only: $20.95/month
- Digital + Workshops: $44.95/month
- Personal Coaching: $59.95/month
Corporate Partnerships
Corporate wellness programs contribute significant revenue through enterprise contracts with employers and insurance providers.
| Partnership Type | Annual Revenue Contribution |
|---|---|
| Corporate Wellness Programs | $45.6 million |
| Insurance Provider Contracts | $38.2 million |
Product Sales Breakdown
Physical product sales include:
- Branded food products
- Nutritional supplements
- Fitness accessories
- Recipe books
| Product Category | 2022 Sales |
|---|---|
| Branded Food Products | $62.3 million |
| Nutritional Supplements | $41.7 million |
| Fitness Accessories | $20.5 million |
WW International, Inc. (WW) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.