Interactive Strength Inc. (Nasdaq:TRNR) Reiterates $75M Guidance, Expected Profitability in Q4 on Adjusted EBITDA Basis Due to Pending Sportstech, Wattbike Deals

Rhea-AI Summary

Interactive Strength Inc. (TRNR), a specialty fitness equipment manufacturer known for CLMBR and FORME brands, has updated its investor presentation with positive financial projections. The company has increased its 2025 pro forma revenue guidance by 15% to over $75 million, reflecting strong Q1 earnings that generated more than $20 million in pro forma revenue. Additionally, TRNR expects to achieve profitability in Q4 on an Adjusted EBITDA basis, driven by pending acquisitions of Sportstech and Wattbike.

The company has made its Q1 shareholder letter available on its website, along with detailed information about the expected acquisitions in its investor presentation and SEC filings.

Positive

• Pro forma revenue guidance increased by 15% to over $75M for 2025
• Strong Q1 performance with over $20M in pro forma revenue
• Expected profitability achievement in Q4 2025 on Adjusted EBITDA basis
• Strategic expansion through pending acquisitions of Sportstech and Wattbike

Negative

• Acquisitions of Sportstech and Wattbike still pending, not finalized
• Profitability projection limited to Adjusted EBITDA basis, not net income

Company Updates Investor Presentation to Reflect Strong Q1 Earnings, More than $20M in Pro Forma Revenue and 15% Increase in 2025 Pro Forma Revenue Guidance

AUSTIN, TEXAS / ACCESS Newswire / May 20, 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 updated its investor presentation showing 2025 pro forma revenue guidance increasing by 15% to more than $75M.

TRNR's Q1 shareholder letter can also be found on the Company's website for a summary of the recent developments.

For more commentary, information and details on the rationale for and structure of the expected acquisitions, 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).

TRNR Investor Contact

ir@interactivestrength.com

TRNR Media Contact

john@sintercompany.com

About Interactive Strength Inc.:

Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME. Interactive Strength Inc. is listed on NASDAQ (symbol: TRNR).

CLMBR is a vertical climbing machine that offers an efficient and effective full-body strength and cardio workout. CLMBR's design is compact and easy to move - making it perfect for commercial or in-home use. With its low impact and ergonomic movement, CLMBR is safe for most ages and levels of ability and can be found at gyms and fitness studios, hotels, and physical therapy facilities, as well as available for consumers at home. www.clmbr.com.

FORME is a digital fitness platform that combines premium smart gyms with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic fitness experience through two connected hardware products: 1) The FORME Studio Lift (fitness mirror and cable-based digital resistance) and 2) The FORME Studio (fitness mirror). In addition to the company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. www.formelife.com.

Channels for Disclosure of Information
In compliance with disclosure obligations under Regulation FD, we announce material information to the public through a variety of means, including filings with the Securities and Exchange Commission ("SEC"), press releases, company blog posts, public conference calls, and webcasts, as well as via our investor relations website. Any updates to the list of disclosure channels through which we may announce information will be posted on the investor relations page on our website. The inclusion of our website address or the address of any third-party sites in this press release are intended as inactive textual references only.

Forward Looking Statements:

This press release includes certain statements that are "forward-looking statements" for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management's assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as "believe", "project", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", "will be", "will continue", "will likely result" or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the possibility of acquiring future businesses or completing the referenced pending transactions in a timely manner or at all, the financial performance of those acquisitions and the resulting guidance of having more than $75m of pro forma revenue in 2025, or more than $20m in Q1, achieving profitability by Q4, and the financial performance of the acquisition targets which have not been audited or reviewed by a PCAOB auditor and could vary materially (a) once that audit or review work is completed and such financials are included in the Company's reported financials and (b) due to the effect of the exchange rates of foreign currencies which can be volatile. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.

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SOURCE: Interactive Strength Inc.

View the original press release on ACCESS Newswire

FAQ

What is TRNR's revenue guidance for 2025?

Interactive Strength (TRNR) has increased its 2025 pro forma revenue guidance by 15% to more than $75 million.

How much pro forma revenue did TRNR generate in Q1 2025?

TRNR generated more than $20 million in pro forma revenue during Q1 2025.

When does Interactive Strength (TRNR) expect to become profitable?

TRNR expects to achieve profitability in Q4 2025 on an Adjusted EBITDA basis.

Which companies is TRNR planning to acquire?

TRNR is in the process of acquiring Sportstech and Wattbike, though these acquisitions are still pending.

What brands does Interactive Strength (TRNR) manufacture?

Interactive Strength manufactures specialty fitness equipment under the CLMBR and FORME brands.