-
Iran executed at least 1,639 people in 2025, most since 1989: NGOs
-
Nuggets roll into NBA playoffs, Raptors clinch berth
-
Flagg's sensational rookie season ends with injury
-
Trump says 'not a big fan' of Pope Leo after his anti-war message
-
Spain's Sanchez calls China trade imbalance with EU 'unsustainable'
-
Oil surges, stocks fall as Trump says to blockade Strait of Hormuz
-
Rivers departing as Bucks coach after disappointing season
-
Raptors top Nets, grab No. 5 seed on last day of NBA regular season
-
Greece's ancient sites get climate-change checkup
-
Lost film of French cinema pioneer retrieved from US attic
-
Rory-peat at Masters has McIlroy hungry for more majors
-
Liverpool seek 'special' Anfield night to salvage troubled season
-
Pope Leo XIV heads to Algeria, first stop of African tour
-
Europe reacts to Hungarian leader Orban's electoral defeat
-
Rose frustrated by latest Masters near-miss
-
Scheffler left ruing slow start after Masters record bid falls short
-
Runoff looms as Fujimori leads troubled Peru vote
-
Spain's Sanchez seeks closer China ties amid strains with US
-
Karol G to dance her 'Tropicoqueta' at Coachella
-
McIlroy wins second Masters in a row for sixth major title
-
Orban loses Hungary vote to pro-Europe newcomer after 16 yrs in power
-
Lebanon PM says working to get Israeli troop withdrawal
-
Easter truce between Ukraine and Russia ends
-
Villarreal add to Athletic misery, Oviedo survival hopes boosted
-
Peter Magyar: former govt insider promising system change
-
Inter close in on Serie A title after comeback triumph at Como
-
Exit stage right: Hungary's Orban 16-year rule draws to an end
-
Rose fights for Masters win with McIlroy, Young in hunt
-
Orban concedes 'painful' defeat to conservative Magyar in Hungary polls
-
Garcia warned after Masters meltdown
-
Delays mar vote as crisis-hit Peru picks ninth president in decade
-
Irish government announces tax cuts after fuel cost protests
-
Salt and Kohli in the runs as Bengaluru beat Mumbai in IPL
-
Rosenior admits Chelsea in 'difficult place'
-
Man City must respect Arsenal in title showdown: Guardiola
-
McIlroy begins Masters final round as repeat drama looms
-
Sinner sinks Alcaraz to win Monte Carlo Masters, returns to No.1
-
Stuttgart hammer Hamburg to go third in Bundesliga
-
De Zerbi suffers debut defeat as Spurs crisis deepens, City rampant
-
Delays mar voting as crisis-hit Peru picks ninth president in decade
-
Man City rout Chelsea to close gap on leaders Arsenal
-
Lille ease back into third in Ligue 1 with Toulouse win
-
After unsuccessful US-Iran talks, what next for Trump?
-
Galactic 'Super Mario' rules N. America box office for second week
-
Koch pips Vos to win Paris-Roubaix Femmes
-
Trump orders US Navy to block Hormuz Strait after Iran talks fail
-
Spurs win would 'change everything': De Zerbi
-
Holders Bordeaux-Begles see off Toulouse to reach Champions Cup semis
-
De Zerbi suffers debut defeat as Spurs crisis deepens
-
Sinner beats Alcaraz to win Monte Carlo Masters, returns to No.1
Sportstech Accelerates with 45% Revenue Growth in August on Back of TRNR Investment
Last four months (May to August 2025) Revenue Up 20% YOY; LTM Revenue Reaches €50M with More than €5M in LTM EBITDA
Company Momentum Builds as TRNR Investment in Working Capital Drives Accelerating Growth; Now Expected to Exceed 30% for full-year 2025
BERLIN, DE / ACCESS Newswire / September 4, 2025 / Sportstech Brands Holding GmbH ("Sportstech" or the "Company"), a leading provider of connected fitness equipment and digital content in Europe, today provided an update on its accelerating revenue growth and business momentum due to the investments by its pending acquirer, Interactive Strength Inc. (Nasdaq: TRNR).
Sportstech reported that August revenue was 45% higher than the same period last year and that revenue was up 20% year-over-year for the four months from May to August 2025, since the Company last announced its April 2025 results. On a 2025 year-to-date basis through August, revenue growth has accelerated to 13% from 8% for the year-to-date April period. This acceleration is directly driven by increased inventory availability as a result of the partnership with TRNR and its financial investments to date.
Sportstech continues to innovate and introduce new products to its consumers and it has had more inventory of its best-sellers available, which has led to the accelerating growth. Given the existing performance and the planned new product releases driving even greater growth in the fourth quarter, Sportstech expects that its revenue growth for the full year of 2025 will exceed 30%. For the last twelve months (LTM), Sportstech has achieved approximately €50 million in revenue and more than €5 million in EBITDA.
"The accelerating growth and achievement of our financial targets is gratifying for our team and is tangible proof of our strategy," said Ali Ahmad, Founder and CEO of Sportstech. "This success reinforces our commitment to join the TRNR group because we have already accomplished so much in a short period of time and our shared ambitions are much larger. The next couple months after the transaction formally closes are expected to be very exciting."
The pending acquisition by TRNR is expected to close as soon as all approvals are received, and the partnership will combine Sportstech's strong European presence with TRNR's premium connected fitness brands, Wattbike, CLMBR and FORME, creating a more diverse and scalable international platform in the digital fitness and equipment category.
About Sportstech Brands Holding GmbH:
Sportstech is Germany's leading connected fitness brand, offering a unique ecosystem of smart fitness equipment, interactive digital content, and gamified training experiences. Headquartered in Berlin, the company serves over three million customers across the DACH region, France, and Spain - combining German engineering with a fast-moving, tech-driven approach to home fitness.
Founded in 2012 by CEO Ali Ahmad, Sportstech was born out of a deeply personal mission to redefine the way people engage with fitness. What began as a transformation story became one of Europe's most dynamic direct-to-consumer fitness brands - driven by innovation, design, and a clear focus on long-term motivation.
With a portfolio of display-equipped devices, proprietary apps, and exclusive content such as fitness games and AI-based training assistants, Sportstech empowers individuals to train smarter, stay consistent, and enjoy every step of their fitness journey.
Contact: John Franklin
[email protected]
# # #
SOURCE: Sportstech
View the original press release on ACCESS Newswire
F.Ramirez--AT