Interactive Strength Inc. Stock Price, News & Analysis

Interactive Strength Inc. (TRNR) has provided a shareholder update on its progress in 2025. The company confirmed that its pending acquisitions of Sportstech and Wattbike are progressing well and are expected to close within standard cross-border timelines. TRNR, known for its CLMBR and FORME fitness equipment brands, reaffirmed its 2025 pro forma revenue guidance of more than $65 million. The company also announced plans to provide an update on Sportstech's strong Q1 2025 financial performance in May 2025.

Interactive Strength (NASDAQ: TRNR), known for its CLMBR and FORME fitness equipment, has provided a positive shareholder update regarding its ongoing acquisitions of Sportstech and Wattbike. The company confirms both acquisitions are progressing within expected timelines.

Key highlights:

• Company reaffirms 2025 pro forma revenue projections exceeding $65M
• Plans to release positive update on Sportstech's Q1 2025 performance in May 2025
• Both acquisitions are on track for successful completion

Detailed information about the acquisition structure and rationale is available through TRNR's shareholder update, investor presentation, and SEC filings on the company's investor website.

Interactive Strength (NASDAQ:TRNR) has secured a record-breaking order of 480 Wattbike units from US distributor WOODWAY, valued at over $1 million. The order includes new Air Pro and Atom X models, marking a significant milestone following TRNR's recently announced Wattbike acquisition.

The deal highlights TRNR's expansion strategy, particularly in the US market, where Wattbike has substantial growth potential. While Wattbike is installed in over 3,000 gyms in the UK, it currently has presence in only a few hundred US locations. The company's indoor cycling platform is recognized globally by elite athletes, professional sports teams, and healthcare facilities, including teams from the NFL, NBA, MLB, NHL, and Premier League.

This order validates TRNR's international acquisition strategy and its focus on expanding its portfolio with premium fitness equipment brands. Wattbike's growth strategy includes expanding into consumer market segments and enhancing its free-to-use training app.

Interactive Strength Inc. (NASDAQ:TRNR), manufacturer of specialty fitness equipment under CLMBR and FORME brands, has updated its investor FAQ in response to shareholder inquiries regarding its anticipated $15M+ Wattbike acquisition. The company, which is also pending acquirer of Sportstech, directs interested parties to review the detailed acquisition rationale and structure in their investor presentation available on the company website and SEC filings.

Interactive Strength (TRNR) has increased its 2025 pro forma revenue guidance by 30% to more than $65M. The company has published an updated investor presentation detailing its growth strategy and the pending acquisition of Wattbike, a pioneering indoor performance training bike business that has sold over 100,000 bikes globally.

The presentation provides additional information about the recently-announced binding agreement with Wattbike, including earn-out targets, and reiterates details about the pending Sportstech acquisition. Wattbike is known for serving elite athletes and fitness enthusiasts worldwide.

Interactive Strength (NASDAQ:TRNR) has signed a binding agreement to acquire Wattbike, a $15M+ revenue indoor performance bike business. The all-stock transaction is expected to close in Q2 2025 and aims to help TRNR generate over $65M in 2025 revenue on a pro forma basis.

Wattbike, founded in 2008, has sold over 100,000 bikes and is trusted by elite athletes, with installations in 3,500 top gyms worldwide and partnerships with major sports teams across NFL, NBA, MLB, NHL, and Premier League. The company offers both commercial and direct-to-consumer products, including the Air-Pro, AtomX, Atom, Proton, and Air models.

The merger creates a unique omni-channel fitness equipment portfolio with operations in the world's three largest fitness markets - US, Germany, and UK. The deal structure includes performance-based contingencies, with up to 60% of consideration tied to future performance. Wattbike shareholders will be locked up until at least June 2026.

Interactive Strength (TRNR) reported Q4 and full-year 2024 results, achieving quarterly revenue of $2.4 million and full-year revenue of $5.4 million. The company posted a Q4 net loss of $5.8 million ($7.26 per diluted share), improving from an $11.4 million loss ($3,214.88 per share) in Q4 2023.

Q4 adjusted EBITDA loss was $1.9 million, showing a 42% year-over-year and 19% sequential improvement. Stockholders' equity stood at $7.1 million at year-end. The company's pending acquisitions remain on track, with TRNR projecting over $50 million in pro forma revenue for 2025. The fitness equipment maker reported strengthened international distribution and sales network, contributing to organic revenue growth during the quarter.

Interactive Strength (TRNR) announced that its FORME brand has been selected as an exclusive wellness partner for Virgin Atlantic's new Clubhouse at Los Angeles International Airport (LAX). The partnership features the award-winning FORME Studio in Virgin Atlantic's Zen Den, offering travelers curated movement, mindfulness, and recovery sessions.

The custom FORME Studio experience includes a branded interface aligned with Virgin Atlantic's wellness-forward design, a personalized welcome video from Sir Richard Branson, curated content across Mind, Body and Spirit categories, and a post-session summary screen. This installation adds to FORME's presence in premium hospitality locations, alongside existing customers such as Four Seasons, Bulgari, and Mandalay Bay Resort.

Interactive Strength Inc. (NASDAQ:TRNR), a specialty fitness equipment manufacturer known for CLMBR and FORME brands, has released a shareholder update highlighting its 2025 strategic progress. The company has reaffirmed its pro forma guidance of over $50 million and announced an additional revenue deal exceeding $15 million that is expected to increase current guidance. The update includes details about M&A execution, institutional investor support, exclusive distribution agreements, and repeat sales performance.