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Interactive Strength Inc. (NASDAQ: TRNR) Secures New $200k+ Wattbike Order From Fitness First in Germany
Accessnewswire· 2025-12-11 14:30
Core Viewpoint - Interactive Strength Inc. has secured a significant order for its next-generation Wattbike AIR-PRO units, indicating strong demand in the premium fitness market in Germany [1] Group 1: Company Developments - The company announced a major order for 85 Wattbike AIR-PRO units, valued at over $200K, from one of Germany's largest fitness operators [1] - This order is specifically for Fitness First's premium Black Label facilities, highlighting the company's focus on high-end fitness solutions [1] Group 2: Market Context - The new order follows a previous order exceeding $1 million from Woodway for the US market, suggesting a growing presence in both European and American fitness markets [1] - The acquisition of Sportstech is pending, which may further enhance the company's market position and product offerings [1]
TRNR Updates Investor FAQs; Highlights Newly Published Q3 Shareholder Letter
Accessnewswire· 2025-11-21 18:50
Core Insights - Interactive Strength Inc. has updated its Investor FAQ section to address shareholder inquiries regarding its recent quarterly filing, the timing of the Sportstech acquisition, and 2025 pro forma revenue expectations exceeding $80 million [1][1][1] Group 1 - The company is the maker of innovative specialty fitness equipment under the Wattbike, CLMBR, and FORME brands [1] - The company is in the process of acquiring Sportstech [1] - The update follows the company's Q3 2025 shareholder letter, which detailed operating progress, integration milestones, and pro forma performance [1]
TRNR Reports Record Third Quarter 2025 Results with 139% YoY Growth; Reiterates 2025 Pro Forma Revenue Guidance of $80M+ To Be Driven by Completion of Sportstech Acquisition
Accessnewswire· 2025-11-14 12:55
Core Insights - The company reported record quarterly revenue of $4.8 million, reflecting a 139% year-over-year growth [1] - The net loss for the quarter was $5.2 million, translating to a loss of $3.11 per diluted share [1] - Adjusted EBITDA loss for the quarter was $2.9 million, attributed to low inventory availability [1] - The acquisition of Sportstech is expected to close in 2025, contingent on key closing milestone achievements [1] - The company reiterated its 2025 pro forma revenue guidance of more than $80 million and fourth quarter profitability guidance [1]
Interactive Strength Inc. (Nasdaq:TRNR) Investment Drives Sportstech's 24% YoY Revenue Growth for the Third Quarter of 2025
Accessnewswire· 2025-11-05 14:00
Core Insights - Sportstech's revenue growth accelerated to 24% year-over-year (YoY) in the third quarter of 2025, up from 18% YoY in the second quarter [1] - The company expects revenue growth to surpass 30% YoY in the fourth quarter of 2025 [1] - Current foreign exchange (FX) rates indicate that Sportstech's last twelve months (LTM) revenue as of September 2025 would be approximately $58 million, with an LTM EBITDA of $6 million [1] - Interactive Strength Inc. (TRNR) confirmed that all parties are diligently working on completing the acquisition closing requirements for Sportstech [1] Revenue Performance - Sportstech reported third quarter 2025 revenue exceeding $13 million, reflecting a 24% YoY growth [1] - This growth represents an acceleration from the previous quarter's 18% YoY growth [1] Future Projections - The company anticipates that revenue growth will exceed 30% YoY in the upcoming fourth quarter [1] - Based on current FX rates, projected LTM revenue for Sportstech by September 2025 is approximately $58 million [1]
Interactive Strength Inc. (Nasdaq: TRNR) Updates FAQ's In Response to Shareholder Questions About CFO Hire and the Sportstech Acquisition Closing
Accessnewswire· 2025-10-31 13:45
Core Insights - Interactive Strength Inc. has updated its investor FAQs regarding its new CFO hire and the pending acquisition of Sportstech [1] - The company has made available a Q&A with the new CFO on its investor website, providing further commentary and details on the acquisition [1] Company Developments - The company is known for its innovative specialty fitness equipment under the Wattbike, CLMBR, and FORME brands [1] - The acquisition of Sportstech is currently pending, indicating a strategic move to expand its market presence [1] Investor Communication - The updated FAQs were created in response to shareholder inquiries, demonstrating the company's commitment to transparency [1] - Required filings with the US Securities & Exchange Commission (SEC) are also available for investors seeking more detailed information [1]
Interactive Strength Inc. (NASDAQ:TRNR) Appoints Caleb Morgret as CFO To Drive the Transformation to Beyond $80m In Expected 2025 Pro Forma Revenue
Accessnewswire· 2025-10-29 13:25
Core Viewpoint - TRNR has appointed Caleb Morgret as the new Chief Financial Officer, effective November 15, 2025, to focus on the financial workflows related to the acquisition of Sportstech [1] Group 1: Management Changes - Caleb Morgret will transition to CFO on November 15, 2025, and has been working with TRNR since September [1] - Michael Madigan, the current CFO, will step down after the Q3 earnings report on November 14, 2025 [1] Group 2: Financial Expectations - TRNR expects to generate more than $80 million in pro forma revenue in 2025, primarily from Europe [1] - The acquisition of Sportstech is a significant part of TRNR's growth strategy [1]
Interactive Strength Inc. (NASDAQ: TRNR) to Release Third-Quarter Results on Friday, November 14, 2025
Accessnewswire· 2025-10-24 13:25
Core Points - Interactive Strength Inc. will release its financial results for the third quarter ended September 30, 2025, on November 14, 2025 [1] - The company is known for its innovative specialty fitness equipment under the CLMBR, FORME, and Wattbike brands [1] - The company is also a pending acquirer of Sportstech [1] Financial Results Announcement - The financial results will be published as the market opens on the specified date [1] - Following the filing of its Form 10-Q, the company will issue a shareholder letter discussing the results and business outlook [1]
Interactive Strength Inc. (TRNR) Touts Robust Revenue Growth on its Acquisition Target
Yahoo Finance· 2025-09-11 21:07
Group 1 - Interactive Strength Inc. (NASDAQ:TRNR) is recognized as a promising investment opportunity, particularly in the penny stock category on Robinhood [1] - The company announced significant revenue growth from its acquisition target, Sportstech, which reported a 45% year-over-year revenue increase for August, amounting to $58 million, along with $6 million in positive EBITDA [2] - The strategic acquisition is projected to achieve a 30% full-year revenue growth, with most of this growth anticipated in the fourth quarter [3] Group 2 - Interactive Strength Inc. specializes in designing, producing, and selling premium fitness equipment and digital fitness services under various brands, including CLMBR, FORME, and Wattbike [4]