Interactive Strength (TRNR) provided an update to its shareholders about Sportstech Brands Holding GmbH, its pending acquisition target. Earlier today, Sportstech announced 36% YOY revenue growth for April 2025, as well as last twelve month performance through April 2025, equaling approximately $54M in revenue and $5M in positive EBITDA at current FX rates. Sportstech noted that its revenue growth in the first quarter of 2025 was restrained by low inventory availability, but that it expects that revenue growth for the full year of 2025, relative to full-year 2024, to be closer to the 36% growth seen in April. The Company believes these results highlight Sportstech’s strong brand position, operational discipline, and growth trajectory in Europe. The pending acquisition is expected to close as early as the second quarter of 2025, as soon as regulatory and tax approvals are received.
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