Interactive Strength Inc. Updates Shareholders on Sportstech's Financial Performance

Interactive Strength Inc. (Nasdaq:TRNR) has reported strong financial results for Sportstech, a pending acquisition target. Sportstech announced a 36% year-over-year revenue growth for April 2025. Additionally, Sportstech's performance through the last twelve months ending in April 2025 shows approximately $54 million in revenue and $5 million in positive EBITDA at current foreign exchange rates.

Despite inventory challenges limiting Q1 revenue growth, Sportstech anticipates maintaining robust figures for 2025 compared to 2024. The completion of the acquisition by TRNR is expected in the second quarter of 2025, subject to regulatory approval. This move aligns with TRNR's strategy to expand its market presence.

CEO Ali Ahmad highlighted the strategic importance of the acquisition, emphasizing growth and integration opportunities, especially with upcoming exhibitions and supplier partnerships in China. The acquisition is projected to enhance TRNR's financials significantly.