Interactive Strength Inc. (Nasdaq:TRNR) Increases 2025 Expectations to More Than $50M in Pro Forma Revenues
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Interactive Strength Inc. (Nasdaq:TRNR) has announced a new investor presentation detailing its growth strategy and a binding agreement to acquire Sportstech, Germany's largest connected fitness business. The company expects pro forma revenues to exceed $50M in 2025.
February 19, 2025 | 12:15 pm
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Interactive Strength Inc. plans to acquire Sportstech, aiming for over $50M in pro forma revenues by 2025. This acquisition is part of TRNR's growth strategy, potentially boosting its market position in the connected fitness industry.
The acquisition of Sportstech is a significant move for TRNR, as it expands its market presence in the connected fitness industry. The expected increase in pro forma revenues to over $50M by 2025 suggests a positive growth trajectory, likely boosting investor confidence and stock price in the short term.
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IMPORTANCE 80
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