Interactive Strength Inc. (TRNR)
NASDAQ (CM) NASDAQ (CM) Primary Summary
Interactive Strength Inc. (Nasdaq: TRNR) Issues Year-End Update, Looks Ahead to 2025
AUSTIN, TEXAS / ACCESSWIRE / December 23, 2024 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced it had issued a shareholder update for 2024, and look ahead for 2025, available on the Company's investor website. TRNR Investor Contact [email protected] TRNR Media Contact [email protected] 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. (Nasdaq:TRNR) Secures 162 Unit CLMBR Commitment and Signs Exclusive Distribution Agreement With Planet Fitness SAS for France
Three-Year Agreement Expected to Generate more than $0.5million in Revenue, and Covers France and French Regions France is the Second-Largest Fitness Market in the EU AUSTIN, TX / ACCESSWIRE / December 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 it secured exclusive distribution in Metropolitan France and French Regions with French training and equipment brand Planet Fitness SAS. The three-year agreement also includes a minimum commitment of 162 CLMBR units, which is expected to generate more than $0.5 million in revenue.
Interactive Strength Inc. (Nasdaq:TRNR) Signs Exclusive Letter of Intent to Acquire Scaled and Profitable, Connected-Fitness Equipment Business
Exclusive Non-Binding Letter of Intent signed with Target that has more than $40 million in revenue and positive EBITDA in 100% equity consideration transaction Acquisition is expected to be TRNR's second transaction within 12 Months Advances strategy of using public listing to make accretive acquisitions of profitable and high-growth businesses in the highly fragmented health & wellness market globally Target's complementary product and customer footprint Expands TRNR's range of equipment and brands AUSTIN, TX / ACCESSWIRE / December 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 has signed a non-binding letter of intent and exclusivity agreement to acquire a connected-fitness equipment company. The proposed transaction is expected to close as early as the first quarter of 2025 and be accretive to TRNR's financial results.
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Interactive Strength Inc. Profile
| Personal Care Products Industry | Consumer Staples Sector | Trent Alexander Ward CEO | NASDAQ (CM) Exchange | 45840Y401 CUSIP |
| US Country | 26 Employees | - Last Dividend | 27 Jun 2025 Last Split | 28 Apr 2023 IPO Date |
Overview
Interactive Strength Inc., also known by its business name FORME, is a prominent entity in the digital fitness industry within the United States. Established in 2017, the company specializes in providing advanced connected fitness hardware and accessories. FORME leverages cutting-edge technology to offer an immersive digital fitness experience through its innovative products. Operating from its headquarters in Austin, Texas, FORME has expanded its market presence by distributing its products both in retail outlets and through a robust online platform. The company's mission is geared towards revolutionizing home fitness, making it more accessible and engaging for users nationwide.
Products and Services
- Forme Studio:
- Forme Studio Lift:
- Video On-demand Classes:
- Personal Training and Expert Health Coaching Services:
This flagship product is a state-of-the-art fitness mirror that features a touchscreen display, designed to blend seamlessly into any home environment. The Forme Studio provides users with a wide array of live and on-demand fitness classes,-ranging from yoga and pilates to strength and cardio workouts, all from the comfort of their home.
An enhanced version of the Forme Studio, the Forme Studio Lift includes all the features of the original fitness mirror along with the addition of a cable-based digital resistance system. This product is specifically designed for users aiming to incorporate strength training into their workouts without compromising on space or aesthetic appeal.
FORME provides a vast library of video on-demand classes that cater to a variety of fitness levels and preferences. From high-intensity interval training (HIIT) to more gentle, restorative classes, users can customize their fitness journey according to their schedule and personal goals.
In addition to its sophisticated hardware, FORME offers personalized fitness guidance through its personal training and expert health coaching services. These services allow users to receive tailored fitness plans, real-time feedback, and motivation from certified professionals, enabling them to achieve their health and wellness objectives effectively.
Contact Information
