Interactive Strength
TRNR

$0.3171

1.49%

Market Cap: $1.27M

About: Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. The company generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.

Employees: 36

Industrials Electronic & Other Electrical Equipment, Except Computer Equipment

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.01% less ownership

Funds ownership: 0.81% [Q1] → 0.8% (-0.01%) [Q2]

50% less funds holding

Funds holding: 10 [Q1] → 5 (-5) [Q2]

66% less capital invested

Capital invested by funds: $29.8K [Q1] → $10.1K (-$19.7K) [Q2]

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 3

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Research analyst outlook

We haven’t received any recent analyst ratings for TRNR.

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Financial journalist opinion

Based on 3 articles about TRNR published over the past 30 days

Interactive Strength Inc. (Nasdaq: TRNR) Secures Global Vendor Status with Industry Leader RSG Group for CLMBR

RSG Group owns Gold's Gym, McFIT, John Reed among other brands There are more than 900 locations in the group AUSTIN, TX / ACCESSWIRE / September 12, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that CLMBR has secured Global Vendor Status with RSG Group, owner of Gold's Gym, McFit, John Reed and other brands that represent more than 900 locations. Trent Ward, Co-Founder and CEO of TRNR, said: "RSG Group is one of the biggest and most innovative fitness center owners in the world and we are very proud of CLMBR's recognition as one of the Global Vendors.

Interactive Strength Inc. (Nasdaq: TRNR) Secures Global Vendor Status with Industry Leader RSG Group for CLMBR

Interactive Strength Inc. (Nasdaq: TRNR) to Present at the H.C. Wainwright 26th Annual Global Investment Conference and Meet Institutional Investors in New York from September 9th to 11th

Participation at Global Investment Conference follows the successful $4.0 million equity raise executed by H.C. Wainwright in July The Company expects to generate between $2.0 million and $2.5 million in revenue in the third quarter of 2024 The Company expects to achieve run-rate adjusted EBITDA profitability in 2025 AUSTIN, TX / ACCESSWIRE / September 9, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that it will be presenting at the H.C.

Interactive Strength Inc. (Nasdaq: TRNR) to Present at the H.C. Wainwright 26th Annual Global Investment Conference and Meet Institutional Investors in New York from September 9th to 11th

Interactive Strength Inc. (Nasdaq: TRNR) Secures Exclusive Distribution for CLMBR in Switzerland and Austria and Receives Initial Order

Domitner GmbH placed initial order that is expected to ship in the third quarter of 2024 Combined with the German distribution announced in July, there is strong coverage in central Europe Additional European distributors are expected to be secured in 2024 AUSTIN, TX / ACCESSWIRE / September 5, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that it has secured exclusive distribution and an initial order for CLMBR in Switzerland and Austria. Trent Ward, Co-Founder and CEO of TRNR, said: "We continue to have success with top-tier distributors, and Domitner in Switzerland and Austria is no exception.

Interactive Strength Inc. (Nasdaq: TRNR) Secures Exclusive Distribution for CLMBR in Switzerland and Austria and Receives Initial Order

Interactive Strength Inc. (Nasdaq: TRNR) Reports Second Quarter 2024 Results

Net Loss and Earnings per Diluted Share of $10.6 million and $17.48 Adjusted EBITDA was a $2.9 million loss, a $2.8 million improvement versus second quarter of 2023 The Company expects to generate between $2.0 million and $2.5 million in revenue in the third quarter of 2024 AUSTIN, TX / ACCESSWIRE / August 14, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced its financial results for the second quarter of 2024. The Company incurred a net loss of $10.6 million for the second quarter of 2024, or a loss of $17.48 per diluted share, as compared with a net loss of $13.6 million, or a loss of $40.78 per diluted share for the same period in 2023.

Interactive Strength Inc. (Nasdaq: TRNR) Reports Second Quarter 2024 Results

Why Is Interactive Strength (TRNR) Stock Up 59% Today?

Interactive Strength (NASDAQ: TRNR ) stock is rising higher on Monday after the specialty fitness equipment company won its appeal for continued listing on the Nasdaq Exchange. According to a press release from Interactive Strength, the Nasdaq Hearings Panel has given the company until November 14, 2024 to regain listing compliance.

Why Is Interactive Strength (TRNR) Stock Up 59% Today?

Interactive Strength Inc. (Nasdaq: TRNR) Wins Appeal for Continued Nasdaq Listing

AUSTIN, TX / ACCESSWIRE / August 12, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that the Company received a letter stating that the Nasdaq Hearings Panel has granted the Company's request for continued listing on the Nasdaq Stock Market. As of March 31, 2024, the Company was not in compliance with Listing Rule 5550(b)(1) (the "Equity Rule") which specifies a minimum stockholders' equity of $2.5 million.

Interactive Strength Inc. (Nasdaq: TRNR) Wins Appeal for Continued Nasdaq Listing

Interactive Strength Inc. (Nasdaq: TRNR) Secures Exclusive Distribution for CLMBR in Germany and Receives Six-Figure Initial Order

German Distributor placed six-figure initial order that is expected to ship in the third quarter of 2024 Germany is the largest fitness market after the United States Germany's largest fitness company, RSG Group, owns Gold's Gym and McFIT among other brands AUSTIN, TX / ACCESSWIRE / July 30, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that it has secured exclusive distribution and a six-figure initial order for CLMBR in Germany, the largest fitness market outside the United States. Trent Ward, Co-Founder and CEO of TRNR, said: "Germany is the largest international fitness market and we are confident of the demand in Germany after the seeing the strong interest in CLMBR at FIBO, the largest fitness show in the world, which was held in Germany this past April.

Interactive Strength Inc. (Nasdaq: TRNR) Secures Exclusive Distribution for CLMBR in Germany and Receives Six-Figure Initial Order

Interactive Strength Inc.'s (Nasdaq: TRNR) CLMBR Earns Approved Vendor Partner status from Crunch Fitness and is Invited to the 2024 Crunch Franchise Convention

CLMBR is now an Approved Vendor Partner for Crunch Fitness franchisees, following a successful pilot at Crunch West Hollywood earlier this year CLMBR is exhibiting at the Annual Crunch Franchise Convention, from July 28 to August 1 in Phoenix, AZ There are more than 460 locations and 2.5 million members in the Crunch Fitness system AUSTIN, TX / ACCESSWIRE / July 25, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that CLMBR has earned Approved Vendor Partner status from Crunch Fitness and has been invited to exhibit CLMBR at the Crunch Franchise Convention, which starts on July 28 in Phoenix, AZ. Trent Ward, Co-Founder and CEO of TRNR, said: "Crunch Fitness is one of the fastest growing gym chains in the US and we are excited that CLMBR has earned the Approved Vendor Partner status, which is a key step that enables selling CLMBRs to the wider Crunch Fitness system.

Interactive Strength Inc.'s (Nasdaq: TRNR) CLMBR Earns Approved Vendor Partner status from Crunch Fitness and is Invited to the 2024 Crunch Franchise Convention

Interactive Strength Inc. (Nasdaq:TRNR) Drives CLMBR Growth With New Gold's Gym Texas Installations Following the Six-Figure Order From Gold's Gym SoCal

Gold's Gym is installing multiple CLMBRs in three Central Texas locations initially and there is a potential of 58 total locations in Texas Gold's Gym SoCal is installing multiple CLMBRs in each of its 23 locations in California There are more than 600 locations in the overall Gold's Gym system AUSTIN, TX / ACCESSWIRE / July 18, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that, following last month's six-figure order from Gold's Gym SoCal, Gold's Gym is installing CLMBRs in three of the brand's 58 locations in Texas. Trent Ward, Co-Founder and CEO of TRNR, said, "We have high expectations for future growth in the Gold's Gym system due to the six-figure flagship CLMBR order for the 23 locations of Gold's Gym SoCal that we announced at the end of June.

Interactive Strength Inc. (Nasdaq:TRNR) Drives CLMBR Growth With New Gold's Gym Texas Installations Following the Six-Figure Order From Gold's Gym SoCal

Interactive Strength Inc. (Nasdaq:TRNR) Regains Compliance with Nasdaq Listing Rule about Minimum Bid Price

AUSTIN, TX / ACCESSWIRE / July 10, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that the Company received a letter on July 8, 2024 from the Staff at Nasdaq Listings Qualifications stating that the Company has regained compliance with Listing Rule 5550(a)(2), which specifies rules regarding a minimum bid price of $1.00. Trent Ward, Co-Founder and CEO of TRNR, said: "We are proud that we have regained compliance with this Listing Rule, and look forward to maintaining our status on Nasdaq in the future.

Interactive Strength Inc. (Nasdaq:TRNR) Regains Compliance with Nasdaq Listing Rule about Minimum Bid Price

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