Will Peloton Interactive Inc go bankrupt by the end of 2024?
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Dec 31
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This will resolve as YES if Peloton Interactive Inc files for bankruptcy. It will resolve as NO otherwise.

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Current Peloton Interactive Probability Of Bankruptcy

THEY ARE OUT OF CASH FLOW! Already using assets and layoffs to paydown debt, but as you can see, it is not helping, and getting worse.

@SirCryptomind Current assets exceed total liabilities by $900m.

What’s the time period for that bankruptcy probability? I’ve seen much more distressed companies last longer than a year.

@ByrneHobart
Good question.
My person probablilty for 2024 would be 21%.
I actually think acquisition is more likely in the next 6 quarters.

@SirCryptomind Wow great catch!

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$300m in annual cash burn, improving for a couple quarters now; $750m in cash and equivalents on hand. I don't see any reason for their cash burn to ramp up so fast from here that they'd go under, especially because the gross margin and working capital situation improves as more of their revenue is from subscriptions vs equipment.

@OmarB

  • What proof are you using?

  • Does an acquisition count?

  • Do assets from bankruptcy sale to continue brand count by new management/ownership count?

predicts YES

@SirCryptomind Hello, Thanks for asking for clarification. I added some description. Filing for bankruptcy (any chapter) will resolve as YES. Acquisition or other transactions will resolve as NO.

“Peliotpucy”

2023?

@mattyb Sorry, I corrected it. Thanks!