Interactive Strength Inc. (NASDAQ:TRNR) provided a shareholder update on May 7, 2025, regarding Sportstech Brands Holding GmbH, its pending acquisition target. Sportstech announced strong April 2025 revenue growth of 36% year-over-year.
The last twelve months (LTM) performance through April 2025 for Sportstech reached approximately $54 million in revenue and $5 million in positive EBITDA, based on current FX rates. This strong business momentum underscores the target's operational strength.
These positive financial results validate the strategic logic of the acquisition in advance of its closing, indicating that Sportstech is poised to be a significant and profitable contributor to TRNR's combined operations.
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