Interactive StrengthTRNR
TRNR
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: 26
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
70% more capital invested
Capital invested by funds: $39.5K [Q3] → $67K (+$27.5K) [Q4]
2.94% less ownership
Funds ownership: 5.56% [Q3] → 2.61% (-2.94%) [Q4]
44% less funds holding
Funds holding: 9 [Q3] → 5 (-4) [Q4]
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Research analyst outlook
We haven’t received any recent analyst ratings for TRNR.
Financial journalist opinion
Based on 5 articles about TRNR published over the past 30 days
Neutral
Accesswire
1 week ago
Interactive Strength Inc. (Nasdaq:TRNR) Updates Investor FAQ In Response to Shareholder Interest in $15M+ Wattbike Acquisition
AUSTIN, TX / ACCESS Newswire / April 10, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today today announced that it had updated its investor FAQ in response to ongoing shareholder interest in its expected Wattbike acquisition. For more commentary, information and details on the rationale for and structure of the expected acquisition, please see TRNR's investor presentation on the Company's investor website as well as its required filings with the US Securities & Exchange Commission (SEC).
Neutral
Accesswire
1 week ago
Interactive Strength Inc. (Nasdaq:TRNR) Increases Guidance by 30% to More than $65M in 2025 Pro Forma Revenue
Company Updates Investor Presentation on Its Growth Strategy and Latest, Expected Wattbike Acquisition AUSTIN, TX / ACCESS Newswire / April 9, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today raised 2025 pro forma revenue by 30% to more than $65M in the updated investor presentation published on its investor website. The presentation also provides more details on its recently-announced binding agreement to acquire Wattbike, the pioneering indoor performance training bike business trusted by elite athletes and fitness enthusiasts worldwide, which has cumulatively sold more than 100,000 bikes.
Neutral
Accesswire
1 week ago
Interactive Strength Inc. (NASDAQ "TRNR") Signs Binding Agreement to Acquire Wattbike, a $15M+, Omni-Channel, Connected, Indoor- Performance-Bike Business
Transaction Expected to Help TRNR Generate More than $65M in 2025 Revenue on a Pro Forma basis Wattbike is the Leading, Indoor-Bike Brand for Elite-Athlete Training and is Used by Olympians and Professional Sports Teams Worldwide - Including the NFL, NBA, MLB, NHL and Premier League TRNR Listing, Global Distribution Network to Help Wattbike Accelerate Growth, Especially in Key Markets Like US and Germany; Wattbike's Deep Penetration into Leading UK Gyms and Expanding D2C Customer Base to Similarly Speed Up Step-Changes to TRNR Top and Bottom Lines Transaction Delivers on Previously-Announced LOI, Combines Highly Complementary Businesses to Create a Scaled, International Operation Anchored in the US, Germany and UK, the #1, #2 and #3 Fitness Markets Globally Deal - Expected to be TRNR's 3rd Within a Year-and-a-Half - Builds on its Transformative Portfolio Strategy for Creating Long-Term Shareholder Value Acquisition Expected to Close as Early as the Second Quarter of 2025, Subject to Standard Regulatory Requirements AUSTIN, TX AND NOTTINGHAM, UK / ACCESS Newswire / April 8, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced it has signed a binding transaction agreement to acquire Wattbike, the pioneering indoor performance training bike business trusted by elite athletes and fitness enthusiasts worldwide, which has cumulatively sold more than 100,000 bikes. The binding agreement is a significant milestone for both growth businesses, forming a unique, omni-channel, fitness-equipment portfolio with key operations in each of the world's three largest fitness markets - the US, Germany and the UK - which also has a stellar global reputation among elite athletes and professional sports teams, health and medical professionals and top gyms.
Neutral
Accesswire
2 weeks ago
Interactive Strength Inc. (Nasdaq: TRNR) Reports Fourth Quarter & Year-End 2024 Results
Company Delivers Quarterly Revenue of $2.4 Million as Projected or $5.4 Million for full-year 2024 Quarterly Net Loss and Earnings per Diluted Share of $5.8 Million and $7.26 Quarterly Adjusted EBITDA Loss of $1.9 Million Reflects 42% Improvement YOY and 19% Sequentially Stockholders' Equity Was $7.1 Million at Year End Pending Acquisitions Remain on Track; TRNR Expects More than $50M in 2025 Pro Forma Revenue AUSTIN, TX / ACCESS Newswire / March 31, 2025 / 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 fourth quarter and full-year of 2024. The Company delivered on its projected quarterly revenue guidance of $2.4 Million - $5.4 million for the full-year - incurring a net quarterly loss of $5.8 million, or $7.26 per diluted share, compared to a loss of $11.4 million and $3,214.88 per share in the same period in 2023.
Neutral
Accesswire
3 weeks ago
Interactive Strength Inc. (Nasdaq:TRNR)'s FORME Named an Exclusive Wellness Partner for Virgin Atlantic's New Clubhouse at LAX
Partnership Raises FORME's Visibility with Affluent Customers, Highlights Brand's Seamless Integration into Premium Hospitality and Travel Environments Installation adds to Hospitality Customers such as Four Seasons, Bulgari and Mandalay Bay Resort AUSTIN, TX / ACCESS Newswire / March 27, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the FORME and CLMBR brands, today announced that FORME has been selected as an exclusive wellness partner for Virgin Atlantic's newly launched Clubhouse at Los Angeles International Airport (LAX). The partnership places the award-winning FORME Studio at the center of Virgin Atlantic's new Zen Den, an immersive wellness space within the airline's premium Clubhouse lounge.
Neutral
Accesswire
1 month ago
Interactive Strength Inc. (Nasdaq:TRNR) Issues Shareholder Update on Positive Developments
Company Executes Against M&A Plan, Reiterates $50M+ Pro Forma Guidance, Additional $15M+ Revenue Deal that is expected to increase guidance; Institutional Investor Backing, Exclusive Distribution Agreements & Repeat Sales AUSTIN, TX / ACCESS Newswire / March 19, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today posted a shareholder update on its investor website detailing progress against its 2025 plan. For more commentary, information and details of TRNR's strategy and the FAQ itself - as well as to sign up for direct updates, see the Company's investor website as well as its investor deck and required filings with the US Securities & Exchange Commission (SEC).
Neutral
Accesswire
1 month ago
Interactive Strength Inc. (Nasdaq:TRNR) Announces Installation of Both FORME and CLMBR at Mandalay Bay Resort
Installation Coincides with Previously Announced TRNR Presence at HFA 2025 , Adds to Growing US & International Presence of Fast-Growing Company Mandalay Bay Resort Fitness Center Reportedly One of Most-Visited Gyms in US AUSTIN, TEXAS / ACCESS Newswire / March 13, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that both its FORME and CLMBR equipment were installed at the Mandalay Bay Resort, one of the most frequently visited fitness facilities in the US, and coinciding with the start of the 2025 Health & Fitness Association Show that is being hosted at the Mandalay Bay Convention Center. Trent Ward, Co-Founder and CEO of TRNR, said: "HFA is the biggest fitness equipment show in the US - and in fact in 2024, it's where we first spotted one of our pending acquisitions, just announced last week.
Neutral
Accesswire
1 month ago
Interactive Strength Inc. (Nasdaq:TRNR) Raises $3.6M in 3-year Notes from Existing Institutional Investor
Latest investment follows previously-announced investment in TRNR of $2.9M, reflecting investor's increased enthusiasm for Company's growth and acquisition strategy, including last week's Letter of Intent Company looks forward to appearing at this week's HFA Summit in Las Vegas AUSTIN, TX / ACCESS Newswire / March 12, 2025 / 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 previously-announced institutional investor has exercised its option to invest an additional $3.6M into the Company through the purchase of senior secured convertible notes, with a fixed conversion price at a 30% premium to the yesterday's closing, as well as plain-vanilla common warrants. The note has a maturity date in March 2028.
Neutral
Accesswire
1 month ago
Interactive Strength Inc. (Nasdaq:TRNR) Signs Letter of Intent and Exclusivity Agreement to Acquire $15M+ Revenue Connected-Fitness Equipment Business
Target earned more than $15M in revenue in 2024 and TRNR expects to improve target's profitability materially through potential operating synergies All-stock consideration with long lock-up - expected to close soon, reflecting months of discussions and due diligence - would be TRNR's second transaction in 2025 already Deal adds further momentum to TRNR growth strategy of making accretive acquisitions of high-potential businesses in the highly fragmented, global health & wellness market AUSTIN, TX / ACCESS Newswire / March 6, 2025 / 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 has signed a non-binding letter of intent and exclusivity agreement to acquire a $15M+ in revenue connected-fitness equipment company. The proposed transaction is expected to close as early as the end of March 2025 - reflecting months of discussions - and is expected to be accretive to TRNR's financial results.
Neutral
Accesswire
1 month ago
Interactive Strength Inc. (Nasdaq:TRNR) Secures Exclusive Distribution and Initial Order for CLMBR in United Kingdom
The United Kingdom is the world's 3rd largest fitness market New UK Partner, Cranlea Human Performance, has sold CLMBRs to leading UK health clubs, including David Lloyd Clubs Cranlea's 50-Year History and Leading In-Market Relationships are expected to significantly strengthen CLMBR's position in the UK AUSTIN, TX / ACCESS Newswire / March 4, 2025 / 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 the United Kingdom, the 2nd largest international fitness market and 3rd largest globally including the United States. Trent Ward, Co-Founder and CEO of TRNR, said: "After Germany, the UK is the most important fitness market in the European region, having grown nearly 10% year-on-year in 2024, with over 10 million gym members.
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