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Interactive Strength Inc. (Nasdaq:TRNR) Investment Drives Sportstech's Accelerating Growth, with 45% Revenue Growth in August

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Interactive Strength (Nasdaq:TRNR) provided an update on its pending acquisition target, Sportstech Brands Holding GmbH. Sportstech reported 45% year-over-year revenue growth in August 2025, with Last Twelve Months (LTM) performance through August 2025 reaching $58M in revenue and $6M in EBITDA.

The accelerated growth is attributed to increased inventory availability resulting from TRNR's financial investments. Sportstech projects full-year 2025 revenue growth to exceed 30%, with further acceleration expected in Q4. The company's May to August 2025 revenue showed a 20% year-over-year growth, demonstrating strong operational momentum ahead of the acquisition closing.

Interactive Strength (Nasdaq:TRNR) ha fornito un aggiornamento sulla sua potenziale acquisizione, Sportstech Brands Holding GmbH. Sportstech ha registrato una crescita dei ricavi del 45% su base annua ad agosto 2025, con le ultime dodici mensilità (LTM) fino ad agosto 2025 che mostrano $58M di ricavi e $6M di EBITDA.

La crescita accelerata è attribuita a una maggiore disponibilità di inventario resa possibile dagli investimenti finanziari di TRNR. Sportstech prevede che la crescita dei ricavi per l'intero 2025 supererà il 30%, con un'ulteriore accelerazione attesa nel quarto trimestre. I ricavi da maggio ad agosto 2025 hanno evidenziato una crescita del 20% su base annua, dimostrando un forte slancio operativo in vista del perfezionamento dell'acquisizione.

Interactive Strength (Nasdaq:TRNR) ofreció una actualización sobre su objetivo de adquisición pendiente, Sportstech Brands Holding GmbH. Sportstech informó de una crecimiento interanual de los ingresos del 45% en agosto de 2025, con los últimos doce meses (LTM) hasta agosto de 2025 alcanzando $58M en ingresos y $6M en EBITDA.

El crecimiento acelerado se atribuye a una mayor disponibilidad de inventario gracias a las inversiones financieras de TRNR. Sportstech proyecta que la crecimiento de los ingresos para todo 2025 superará el 30%, con una mayor aceleración esperada en el cuarto trimestre. Los ingresos de mayo a agosto de 2025 mostraron un crecimiento interanual del 20%, demostrando un sólido impulso operativo antes del cierre de la adquisición.

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Interactive Strength (Nasdaq:TRNR) a publié une mise à jour concernant sa cible d'acquisition, Sportstech Brands Holding GmbH. Sportstech a déclaré une croissance des revenus de 45% en glissement annuel en août 2025, les douze derniers mois (LTM) jusqu'en août 2025 atteignant 58 M$ de revenus et 6 M$ d'EBITDA.

Cette accélération de la croissance est attribuée à une disponibilité accrue des stocks résultant des investissements financiers de TRNR. Sportstech prévoit que la croissance des revenus sur l'ensemble de l'année 2025 dépassera 30%, avec une accélération supplémentaire attendue au quatrième trimestre. Les revenus de mai à août 2025 ont affiché une croissance annuelle de 20%, montrant un fort élan opérationnel en amont de la clôture de l'acquisition.

Interactive Strength (Nasdaq:TRNR) gab ein Update zu seinem geplanten Übernahmeziel Sportstech Brands Holding GmbH bekannt. Sportstech meldete ein Umsatzwachstum von 45% im Jahresvergleich im August 2025, wobei die letzten zwölf Monate (LTM) bis August 2025 $58M Umsatz und $6M EBITDA erreichten.

Das beschleunigte Wachstum wird auf eine erhöhte Lagerverfügbarkeit zurückgeführt, die durch TRNRs Finanzinvestitionen ermöglicht wurde. Sportstech prognostiziert, dass das Umsatzwachstum für das Gesamtjahr 2025 über 30% liegen wird, mit einer weiteren Beschleunigung im vierten Quartal. Die Umsätze von Mai bis August 2025 zeigten ein Jahreswachstum von 20%, was vor dem Abschluss der Übernahme eine starke operative Dynamik belegt.

Positive
  • Revenue growth accelerated to 45% YOY in August 2025
  • LTM performance reached $58M in revenue with $6M positive EBITDA
  • Full-year 2025 revenue growth expected to exceed 30%
  • TRNR's working capital investment already driving tangible growth
Negative
  • Acquisition closing still pending and subject to regulatory approvals

Insights

TRNR's investment in Sportstech is driving substantial growth ahead of acquisition, with Sportstech achieving 45% YoY August growth and positive EBITDA margins.

The financial performance metrics for Sportstech are impressive and validate TRNR's acquisition strategy. At $58M LTM revenue with $6M in EBITDA, Sportstech is demonstrating a healthy 10.3% EBITDA margin. The August revenue growth of 45% YoY significantly outpaces the May-August period's 20% growth, indicating accelerating momentum.

This acceleration is particularly noteworthy as it's directly attributed to TRNR's working capital investments. The synergy between the companies is already materializing pre-acquisition, with Sportstech's inventory expansion driving revenue growth. The projected full-year 2025 growth exceeding 30% with expected fourth quarter acceleration suggests the growth trajectory has staying power.

For TRNR shareholders, these results validate the acquisition rationale, demonstrating that Sportstech isn't just a growth story but also maintains profitability while scaling. The positive EBITDA during rapid expansion indicates disciplined operational execution. The early financial integration through working capital investment has effectively de-risked aspects of the acquisition by proving operational compatibility before formal closing.

This acquisition appears transformational for TRNR's scale, adding substantially to its revenue base while bringing in a profitable business unit with proven growth dynamics. The working capital synergy already demonstrated suggests further operational efficiencies may be achievable post-closing.

Current FX rates indicate that the LTM August 2025 Revenue would be approximately $58M with $6M in EBITDA

Sportstech announced May to August 2025 revenue growth of 20% YOY

TRNR Investment in Sportstech working capital is accelerating growth for the pending acquisition, with full-year 2025 Revenue growth expected to exceed 30%

Strong Business Momentum and Profitable Growth Reinforces Underscore Target's Operational Strength and Logic of Acquisition in advance of Closing

AUSTIN, TEXAS / / September 4, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands, today provided an update to its shareholders about the recently released results of Sportstech Brands Holding GmbH ("Sportsech"), its pending acquisition target.

Earlier today, Sportstech announced 45% YOY revenue growth for August 2025, as well as last twelve month ("LTM") performance through August 2025, equaling approximately $58M in revenue and $6M in positive EBITDA at current FX rates (reported in local currency as â‚�50²Ñ in LTM Revenue and â‚�5²Ñ in LTM EBITDA).

Sportstech noted that this acceleration in its revenue growth is directly driven by increased inventory availability as a result of the partnership with TRNR and its financial investments to date.

Sportstech shared that it expects that revenue growth for the full year of 2025, relative to full-year 2024, will exceed 30%, with a further acceleration in growth expected in the fourth quarter.

Ali Ahmad, Founder and CEO of Sportstech, said in the press release that "the accelerating growth and achievement of our financial targets is gratifying for our team and is tangible proof of our strategy. This success reinforces our commitment to join the TRNR group because we have already accomplished so much in a short period of time and our shared ambitions are much larger. The next couple months after the transaction formally closes are expected to be very exciting."

Trent Ward, Co-Founder and CEO of TRNR, commented that "We are impressed with how quickly Sportstech has accelerated their growth with the working capital that TRNR has invested in advance of closing the transaction. We are all working hard to accomplish all the steps required to close this transformational acquisition and look forward to sharing more about the deal and the exciting initiatives that are ahead for Sportstech."

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 as well as its required filings with the US Securities and Exchange Commission (SEC).

TRNR Investor Contact

[email protected]

About Interactive Strength Inc.:

Interactive Strength Inc. (NASDAQ:TRNR) has established a leading portfolio of premium fitness brands - Wattbike, CLMBR, and FORME - that combine advanced hardware, smart technology, and immersive content to deliver exceptional training experiences for both commercial and home use.

Wattbike offers a range of high-performance indoor bikes that set the global standard in cycling. Known for unmatched accuracy, realistic ride feel, and advanced performance tracking, Wattbike is trusted by elite athletes, national teams, and fitness enthusiasts around the world.

CLMBR redefines the next-generation vertical climbing experience through its patented open-frame design and immersive touchscreen, delivering a high-intensity, low-impact workout that's both efficient and effective.

FORME delivers strength, mobility, and recovery training through immersive content, performance-grade hardware, and expert coaching. Its wall-mounted systems include the Studio, a smart fitness mirror for guided programming and live 1:1 personal training, and the Lift, which adds smart resistance cable training-ideal for high-performance environments and sport-specific development.

From elite performance to everyday wellness, our ecosystem of performance-focused solutions delivers data-driven outcomes for athletes, fitness enthusiasts, and commercial operators.

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 completing the acquisition of Sportstech in a timely manner or at all, the financial performance of the acquisition target, including the reported financials of Sportstech that have not been audited or reviewed by a PCAOB auditor and could vary materially once that audit or review work is completed and such financials are included in the Company's reported financials, as well as the effect of the exchange rates of foreign currencies which can be volatile, in addition to any statements regarding the future performance or initiatives of Sportstech. 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 and for Sportstech's products if the acquisition is completed (collectively, the "Products"); competition, including technological advances made by and new products released by our and Sportstech's competitors; our ability to accurately forecast consumer demand for our Products and adequately maintain inventory of our Products; 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.



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FAQ

What is TRNR's acquisition target Sportstech's revenue growth in August 2025?

Sportstech reported 45% year-over-year revenue growth in August 2025.

What are Sportstech's LTM financial results through August 2025?

Sportstech achieved $58M in revenue and $6M in positive EBITDA for the Last Twelve Months (LTM) through August 2025.

How is TRNR's investment affecting Sportstech's performance?

TRNR's investment in working capital has enabled increased inventory availability, directly driving accelerated revenue growth for Sportstech.

What is Sportstech's projected revenue growth for full-year 2025?

Sportstech expects revenue growth to exceed 30% for full-year 2025 compared to 2024, with further acceleration anticipated in Q4.

What was Sportstech's revenue growth from May to August 2025?

Sportstech reported 20% year-over-year revenue growth for the period from May to August 2025.
Interactive Strength Inc.

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Personal Services
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