Tuesday, February 11, 2025

Key Acquisition Milestone Reached As Breaking News Presses (Nasdaq: TRNR) Into The Green Early

(Nasdaq: TRNR) is off to a hot start today.

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Key Acquisition Milestone Reached As Breaking News Presses Low Float (Nasdaq: TRNR) Into The Green Early

February 11th

Greetings Readers,

(Nasdaq: TRNR) is off to a hot start today.

Why? It could be be because of this game-changing announcement:

Interactive Strength Inc. (Nasdaq:TRNR) Signs Binding Agreement to Acquire Sportstech, a Pro-fit-able $40Mn+ Revenue Connected-Fitness Equipment Business

TRNR is expected to generate more than $50Mn in revenue in 2025 on a pro forma basis and achieve EBITDA pro-fit-ability in H2 '25

Sportstech is founder-led, having achieved pro-fit-ability and scale without raising capital and has successfully sold equipment to almost 3 million customers since 2012

...

AUSTIN, TX / ACCESS Newswire / February 11, 2025 / 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 signed a binding transaction agreement to acquire Sportstech Brands Holding GMBH ("Sportstech"), the largest connected fitness and equipment company in Germany. The binding transaction agreement marks an expected milestone in the acquisition process, following TRNR's previously-announced non-binding LOI with Sportstech - and combines businesses with highly complementary operations to create a scaled group anchored in the US and Germany, the two largest fitness markets in the world. The deal is expected to close as early as April 1, 2025 and will be immediately accretive to TRNR's results.

"This is a huge leap forward for both Interactive Strength and Sportstech, dramatically accelerating the combined company's ability to serve both consumers and businesses and grow globally," said TRNR Founder and CEO Trent Ward. "In Ali and Sportstech, we have the ideal partner - an experienced and successful Founder of a highly-complementary fitness platform who bootstrapped his way to eight figures in pro-fit-able revenue and is motivated to grow even further and faster. This is a proud day for the teams from both companies and a major boost for our ability to create shareholder value."

...

Read the full article here.

Remember, with a tiny float of fewer than 1Mn shares, volatility potential is something to consider while watching this profile.

Take a moment to review the news and think about getting (Nasdaq: TRNR) on your radar.

-----

Catch that quick-hitter yesterday?

My most recent breakout idea, a little-known NYSE profile surged to a new February high Monday.

In fact, from last week's after-hours close of $4.48, it popped to $5.45 Monday for a run of approx. 21%.

But let's keep moving forward...

Right now, I've got a new Nasdaq breakout idea, and well, when it comes to floats, this is one of the smaller ones I've seen.

Yahoo Finance is reporting a minuscule float of approximately 39.21k.

That's wildly tiny. And that also means volatility potential could be significant at the drop of a hat.

On top of that, key technicals are leaning towards oversold levels.

At 4:00PM EST on Monday, this profile had a 9-Day and 14-Day Relative Strength Index both below 25%.

Mix in a potential game-changing acquisition that could close any day, and there's no mistake why this breakout idea continues to climb my watchlist.

Consider this Nasdaq profile for your radar Tuesday:

*Interactive Strength Inc. (Nasdaq: TRNR)*

Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME.

And based on several potential catalysts, (Nasdaq: TRNR) could start earning some breakout buzz. Take a look:

No. 1 - Could An Extremely Low Float Create The Environment For Explosive Volatility.

No. 2 - Oversold Leaning Technicals Could Be Hinting Towards An Upcoming Reversal/Bounce.

No. 3 - A Potential Acquisition Is On The Horizon (Could Generate More Than $40Mn In Annual Revenues).

No. 4 - A Key Distribution Agreement Helps Spread Company's Equipment Through France (Where Next In Europe?).

No. 5 - Not Just Europe! CLMBR Growth Spreads Across Saudi Arabia After Multiple Installations.

But more on those in a second...

Major Market Potential On A Global Scale

Through TRNR's fitness brands, they have the potential to disrupt some seriously fast-growing markets.

Mordor Intelligence believes that the global fitness equipment market could reach $46.11Bn by 2030.

By 2034, the global market for golf training aids is on track to reach $1.5Bn according to Future Market Insights.

Even Statista shares that the worldwide wellness market could reach $8.99Tn by 2028!

What does this all add up to?

It adds up to an under-the-radar company having multiple, massive global markets in their sights with the goal of serious disruption.

Company Profile - Interactive Strength Inc.

Interactive Strength Inc. (NASDAQ: TRNR) is the parent company of three leading brands serving the commercial and at-home markets with specialty fitness equipment and virtual training: CLMBR, FORME and FORME GOLF.

CLMBR manufactures vertical climbing equipment and provides a unique digital and on-demand training platform.

FORME is a hardware manufacturer and digital fitness service that combines award-winning smart home gyms with 1:1 personal training (from real humans) to deliver an immersive experience and better outcomes for both consumers and trainers.

FORME GOLF combines the FORME Lift hardware with golf specific training delivered by Titleist Performance Institute certified trainers.

image

Source: Interactive Strength Inc. Website.

-----

As mentioned above, (Nasdaq: TRNR) has several potential catalysts to consider tracking. Here they are:

No. 1 TRNR Potential Catalyst - Could An Extremely Low Float Create The Environment For Explosive Volatility.

According to info from the Yahoo Finance website, TRNR has a minuscule low float.

In fact, the website reports this profile to have approx. 39.21k shares in its float.

Why is that important? It's important on one crucial level. Volatility potential.

Could more positive company news at the beginning of 2025 provide a near term spark?

-----

No. 2 TRNR Potential Catalyst - Oversold Leaning Technicals Could Be Hinting Towards An Upcoming Reversal/Bounce.

At 4:00PM EST Monday, Barchart was reporting multiple oversold leaning technical indicators for TRNR.

These technicals could be signaling a healthy reversal is approaching in the near term.

Here's the definition of a "reversal" from Investopedia:

"A reversal is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside. Reversals are based on overall price direction and are not typically based on one or two periods/bars on a chart."

Here's the technicals to pay close attention to (as of 4:00PM EST Monday):

  • 9-Day Relative Strength Index: 11.15%
  • 14-Day Relative Strength Index: 20.56%

When these numbers drop down to the 30% range and lower, they can be viewed as being in oversold territory. While in this territory, they can paint the picture of a profile that is undervalued.

  • 14-Day Raw Stochastic: 5.12%
  • 14-Day Williams %R: 94.88%

As the Raw Stochastic nears the 10% range and lower and the Williams %R nears the 90% range or higher, these technical indicators may also be viewed as oversold and undervalued.

Keep an eye on these technicals closely.

-----

No. 3 TRNR Potential Catalyst - A Potential Acquisition Is On The Horizon (Could Generate More Than $40Mn In Annual Revenues).

Interactive Strength Inc. (Nasdaq:TRNR) Signs Exclusive Letter of Intent to Acquire Scaled and Pro-fit-able, Connected-Fitness Equipment Business

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.

...

Read the full article here.

Key highlights from the shareholder update on the potential acquisition:

  • The target company fits with our strategy of using our public listing to make accretive acquisitions of pro-fit-able and high-growth businesses in the highly-fragmented health & wellness market globally.
  • The target company is still founder-led, has been in business for more than a decade and has never raised external capital. The target is now ready for the next phase of growth, which TRNR is well-positioned to accelerate given our public listing and distribution.
  • At more than $40Mn in annual revenues, and pro-fit-able, the potential acquisition would drive a step-change for both the top and bottom lines of TRNR.
  • The valuation being paid is primarily based on future multi-year performance of the target, which protects the TRNR shareholders and should ensure an attractive earnings multiple.
  • There is no cash consideration expected to be paid to the shareholders of the target, and they are exchanging all of their equity to become long-term shareholders in the combined company.
  • It is expected that the acquisition can close without a capital raise or financing contingency.
  • The target company complements TRNR's existing brand and product footprint extremely well, expanding and differentiating the assortment of equipment and training options we can offer both businesses and consumers globally.

-----

No. 4 TRNR Potential Catalyst - A Key Distribution Agreement Helps Spread Company's Equipment Through France (Where Next In Europe?).

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 $0.5Mn in Revenue, and Covers France and French Regions

France is the Second-Largest Fitness Market in the EUAUSTIN, 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 $0.5Mn in revenue.

...

Read the full article here.

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No. 5 TRNR Potential Catalyst - Not Just Europe! CLMBR Growth Spreads Across Saudi Arabia After Multiple Installations.

Interactive Strength Inc. (Nasdaq:TRNR) Drives CLMBR Growth in Saudi Arabia With Multiple Installations Across Armah Sports Group's B_FIT brand

AUSTIN, TX / ACCESSWIRE / November 19, 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, Armah Sports Group's B_FIT is installing CLMBRs across three of the brand's nine locations in Saudi Arabia.

Trent Ward, Co-Founder and CEO of TRNR, said: "Armah Sports Group and the Al Hagbani family are pioneers of the fitness market in Saudi Arabia, and we are honored that they have selected to install CLMBRs in key B_FIT locations. In the five years since Fahad Al Hagbani founded Armah, they have already opened twelve locations across their two brands and we are excited to grow with them."

"Saudi has a great potential, the fitness market has doubled since 2017 and is expected to double again by 2027. There are so many drivers behind this growth," said Mr. Al Hagbani, Armah Sports Group's Co-Founder and CEO.

...

Read the full article here.

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(Nasdaq: TRNR) Recap - 5 Potential Catalyst To Consider Right Now

No. 1 - Could An Extremely Low Float Create The Environment For Explosive Volatility.

No. 2 - Oversold Leaning Technicals Could Be Hinting Towards An Upcoming Reversal/Bounce.

No. 3 - A Potential Acquisition Is On The Horizon (Could Generate More Than $40Mn In Annual Revenues).

No. 4 - A Key Distribution Agreement Helps Spread Company's Equipment Through France (Where Next In Europe?).

No. 5 - Not Just Europe! CLMBR Growth Spreads Across Saudi Arabia After Multiple Installations.

-----

Coverage is officially initiated on Interactive Strength Inc. (Nasdaq: TRNR). When updates are available, I'll get them out quickly.

Talk again shortly.

Sincerely,

Kai Parker

StockWireNews


(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

*StockWireNews (stockwirenews . com) is owned by SWN Media LLC, a limited liability company. Data is provided from third-party sources and StockWireNews ("SWN") is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. We do not provide personalized fin-ancial advice, are not finan-cial advisors, and our opinions are not suitable for all in-vest-ors. Pursuant to an agreement between SWN Media LLC and TD Media LLC, SWN Media LLC has been hired for a period beginning on 02/10/25 and ending on 02/11/25 to publicly disseminate information about (TRNR:US) digital communications. Under this agreement, SWN Media LLC was paid fifteen thousand USD ("Funds"). To date, including under the previously described agreement, SWN Media LLC has been paid seventy-seven thousand five hundred USD ("Funds"). These Funds were part of the funds that TD Media LLC received from a third party who did receive the funds from the issuer and does not own st-ock in the issuer but the reader should assume that the clients of the third party own shares in the issuer that they will liquidate at or near the time you receive this communication, which has the potential to hurt share prices. Neither SWN Media LLC or its member own shares of (TRNR:US). Please see important disclosure information here: https://stockwirenews.com/disclosure/trnr/#details

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