-
Third 'Avatar' film stays atop N. American box office rankings
-
Somaliland recognition prompts celebrations, condemnation
-
Trump says Zelensky and Putin 'serious' in war talks sprint
-
UK's Starmer under fire over Egyptian activist's 'abhorrent' posts
-
Guinea junta chief headed for victory in presidential vote
-
Central African Republic president tipped to win third term
-
Spurs deliver big win for Frank as Calvert-Lewin denies Sunderland
-
Shiffrin produces her 'best, best run' to extend slalom streak
-
Kyrgios beats Sabalenka in 'Battle of the Sexes'
-
Trump says has 'productive' talks with Putin before Zelensky meet
-
Calvert-Lewin stretches hot streak as Leeds hold Sunderland
-
Nkunku fires Milan top of Serie A, Hojlund keeps Napoli in touch
-
Zelensky to push new Ukraine peace deal in meeting with Trump
-
Liverpool's set-piece problems a 'killer' - Van Dijk
-
Mozambique end 39-year wait for first AFCON victory
-
The film that created the Bardot 'sex kitten' myth
-
Former England cricket boss Morris dies aged 62
-
Brigitte Bardot on Muslims, men and 'horrible' humanity
-
Nkunku breaks Serie A goal duck to fire AC Milan top
-
Hakimi to feature in Morocco's final AFCON group game
-
Bardot: the screen goddess who gave it all up
-
Central African Republic president seeks third term in election
-
France's screen siren Brigitte Bardot dies at 91
-
French 'legend' Brigitte Bardot dead at 91
-
French legend Brigitte Bardot dead at 91: foundation
-
Zelensky looks to close out Ukraine plan in meeting with Trump
-
Multicultural UK town bids to turn page on troubled past
-
'Unfair election': young voters absent from Myanmar polls
-
Master Lock Comanche wins Sydney-Hobart ocean race for fifth time
-
Bulgaria adopts euro amid fear and uncertainty
-
Giannis triumphant in NBA return as Spurs win streak ends
-
Texans reach NFL playoffs and Ravens win to stay in hunt
-
How company bets on bitcoin can backfire
-
Touadera on path to third presidential term as Central African Republic votes
-
'Acoustic hazard': Noise complaints spark Vietnam pickleball wars
-
Iraqis cover soil with clay to curb sandstorms
-
Australia's Head backs struggling opening partner Weatherald
-
'Make emitters responsible': Thailand's clean air activists
-
Zelensky looks to close out Ukraine peace deal at Trump meet
-
MCG curator in 'state of shock' after Ashes Test carnage
-
Texans edge Chargers to reach NFL playoffs
-
Osimhen and Mane score as Nigeria win to qualify, Senegal draw
-
Osimhen stars as Nigeria survive Tunisia rally to reach second round
-
How Myanmar's junta-run vote works, and why it might not
-
Zelensky talks with allies en route to US as Russia pummels Ukraine
-
Watkins wants to sicken Arsenal-supporting family
-
Arsenal hold off surging Man City, Villa as Wirtz ends drought
-
Late penalty miss denies Uganda AFCON win against Tanzania
-
Watkins stretches Villa's winning streak at Chelsea
-
Zelensky stops in Canada en route to US as Russia pummels Ukraine
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