TRNR Publishes Shareholder Letter Updating 2025 Guidance; Highlights Wattbike Air-Pro Commercial Traction, Sportstech Enforcement Update
Core Insights - The company anticipates Q4 2025 revenue to exceed $4.5 million, representing approximately 100% year-over-year growth [1] - Pro forma revenue for 2025 is expected to surpass $20 million, which is about four times the revenue of 2024 [1] - The Wattbike Air-Pro has sold over 700 units, generating around $2.5 million in the UK commercial channel since July [1] - The company is currently involved in litigation and foreclosure proceedings against Sportstech due to defaulted loan obligations [1] - The CEO of Interactive Strength stated that the company is starting 2026 in a significantly improved position [1]