Company DescriptionTechnogym S.p.A. (TGYM) is a leading global provider of fitness equipment and digital solutions for wellness and personal health. Founded in 1983 and headquartered in Cesena, Italy, the company operates in the sectors of fitness, wellness, and sports. Technogym offers a comprehensive range of products including treadmills, exercise bikes, rowing machines, and strength training equipment, as well as digital platforms that provide personalized workout experiences and health management solutions. The company serves a diverse clientele, including gyms, hotels, corporate wellness centers, and private consumers, in over 100 countries worldwide.
How the Company Makes MoneyTechnogym generates revenue through the sale of fitness equipment and digital solutions. Its primary revenue streams include the direct sales of its equipment to commercial and residential clients, subscription-based digital services that offer interactive workout content and wellness apps, and after-sales services such as maintenance and support. The company benefits from partnerships with fitness clubs, hotels, and corporate entities that integrate Technogym products into their wellness offerings. Additionally, Technogym's brand recognition and commitment to innovation and quality contribute significantly to its financial performance.