-
Celtics reportedly trading Brown to Sixers in NBA blockbuster
-
Russia strikes Ukraine capital with missiles and drones, wounds five
-
Kane saves England after DR Congo scare; Belgium comeback stuns Senegal
-
Belgium late show floors Senegal at World Cup
-
Celtics to trade Jaylen Brown to 76ers for Paul George: report
-
Harry Kane: England's World Cup saviour
-
Streamex is making digital gold accessible
-
US actor Danny Glover says he has Alzheimer's
-
Mixed US auto sales in Q2 amid high gas prices
-
Trump sees progress as US, Iran hold Qatar talks
-
Pistons forward Harris reportedly headed to Spurs
-
Djokovic, Sinner into Wimbledon third round, Andreeva stunned
-
Jovial Djokovic dismantles Tsitsipas to reach Wimbledon third round
-
Spurs agree club record £100 mn move for Newcastle's Tonali - reports
-
US stocks retreat to open Q3 ahead of June jobs data
-
Rain has final say in 1st England-India T20 as Sooryavanshi still awaits debut
-
'Gus' the T. rex presented in New York ahead of auction
-
England refused to accept defeat in 'beautiful' DR Congo win, says Tuchel
-
Kane saves England after DR Congo scare; US eye last 16
-
'Let the dogs in': Sabalenka wants Wimbledon to lift ban
-
Catholic society defies Vatican by consecrating new bishops
-
Oppressive heat broils US during World Cup, July Fourth
-
New York prepares for Taylor Swift-Travis Kelce wedding
-
Can anyone stop France at the World Cup?
-
Pair climb to top of Empire State Building for apparent proposal
-
Sinner, Sabalenka into Wimbledon third round, Andreeva stunned
-
French Open champ Andreeva stunned by Krejcikova at Wimbledon
-
England have 'hero moments', says Kane after double downs DR Congo
-
Kane rescues England after DR Congo scare; US eye last 16
-
努莎·奧貝爾:為市民實施時速10公里限速,波茨坦的「坑洞政策」——是漠不關心還是無能為力?
-
Kane rescues England from DR Congo calamity to reach World Cup last 16
-
US refuses to extend North America trade pact in current form
-
'Iran, Iran!' Iranian World Cup squad serenaded on return home
-
Mixed US auto sales in 2nd quarter amid high gas prices
-
Pereira 'taken by complete surprise' as Forest let boss go
-
Swiatek, Zverev hoping to lay down Wimbledon markers
-
Нуша Аубель: «Скорость 10» для жителей: политика Потсдама в отношении выбоин — безразличие или некомпетентность?
-
Spray-painted letters spell tragedy for Venezuela quake victims
-
Rufus the hawk patrolling Wimbledon tennis club
-
'Everybody's profiting': Trump defends $1bn crypto earnings
-
Record heat broils US east coast amid World Cup, July Fourth events
-
WTA Finals moved from Riyadh to Indian Wells
-
Bayern sign Morocco midfielder Saibari on five-year deal
-
Messi returns 'home' to lead Argentina World Cup charge in Miami
-
Hope fades, hunger sets in a week after Venezuela quakes
-
England skipper Sciver-Brunt 'threw everything' at World Cup semi-final return
-
Noosha Aubel: 10 km/h for residents – Potsdam’s approach to potholes: indifference or incompetence?
-
Stocks mixed with eyes on US Fed
-
Bayern to host Stuttgart in Bundesliga season opener
-
Trial begins for suspected mastermind of Malta journalist killing
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