Interactive Strength Inc (TRNR) AI Stock Analysis

• Market Cap: $6.15M
• Dividend Yield: N/A
• Average Volume (3M): 2.77M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.31
• Revenue Growth: 459.36%
• EPS Growth: 70.21%
• Country: US
• Employees: 26
• Sector: Consumer Cyclical
• Sector Strength: 62
• Industry: Personal Products & Services
• EPS (TTM): -4590.14
• Shares Outstanding: 9,048,435
• 10 Day Avg. Volume: 2,369,984
• 30 Day Avg. Volume: 2,768,385
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.26
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -2.51
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Interactive Strength Inc faces significant financial challenges, with heavy reliance on debt and negative cash flows despite some revenue growth. Technical analysis indicates a persistent bearish trend, and the lack of profitability and dividends makes the stock less appealing from a valuation standpoint. Improving operational efficiency and reducing leverage are crucial for future financial stability.

Interactive Strength Inc Business Overview & Revenue Model

Company Description

Interactive Strength Inc., doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. The company offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance. It also provides video on-demand classes, and personal training and expert health coaching services. The company sells its products through retail stores, as well as online. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.

How the Company Makes Money

Interactive Strength Inc generates revenue through the sale of its fitness products and services. The company offers a subscription-based model for access to its digital fitness platform, where users can participate in virtual workouts, fitness classes, and personalized training sessions. Additionally, Interactive Strength Inc may generate income through partnerships with fitness influencers and collaborations with other companies in the health and wellness industry.

Interactive Strength Inc Financial Statement Overview

Summary

Interactive Strength Inc. demonstrates significant financial distress with consistent losses and negative cash flows. The income statement shows negative margins, while the balance sheet reveals high leverage and weak equity. Despite slight improvements, cash flow inefficiencies highlight ongoing challenges.

Income Statement

Interactive Strength Inc. is facing significant challenges in its income statement. The company has experienced negative gross profit margins, indicating cost of goods sold exceeds revenue. The net profit margin is also negative, reflecting ongoing losses. Despite revenue growth from previous periods, the company’s EBIT and EBITDA margins are negative, signaling operational inefficiencies and high expense ratios.

Balance Sheet

The balance sheet shows high leverage with a negative equity position in previous years, which has improved but remains weak. The debt-to-equity ratio is concerning, indicating potential risks in financial stability. Although stockholders' equity has become positive, the overall equity ratio remains low, highlighting a fragile financial structure.

Cash Flow

Cash flow analysis reveals negative operating cash flows, indicating challenges in generating cash from core operations. Free cash flow remains negative, showing difficulties in covering capital expenditures. The operating cash flow to net income ratio reflects inefficiencies, while the free cash flow to net income ratio underscores a cash burn issue.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
962.00K	681.00K	323.00K	0.00
	Gross Profit
-5.53M	-8.87M	-4.84M	-358.00K
	EBIT
-54.48M	-54.34M	-37.15M	-16.54M
	EBITDA
-43.26M	-51.13M	-29.71M	-12.31M
	Net Income Common Stockholders
-51.37M	-58.23M	-32.84M	-11.18M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
-66.00K	226.00K	1.70M	11.00K
	Total Assets
16.80M	24.45M	22.07M	5.86M
	Total Debt
10.09M	11.09M	7.45M	9.30M
	Net Debt
10.09M	10.87M	5.75M	9.29M
	Total Liabilities
22.35M	27.18M	12.00M	19.28M
	Stockholders Equity
-5.55M	-2.73M	10.07M	-13.43M
Cash Flow		Free Cash Flow
-16.85M	-43.15M	-50.62M	-16.73M
	Operating Cash Flow
-15.43M	-35.55M	-38.26M	-13.42M
	Investing Cash Flow
-1.42M	-7.61M	-12.36M	-3.31M
	Financing Cash Flow
17.11M	41.77M	52.45M	17.15M

Interactive Strength Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.68
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRNR, the sentiment is Negative. The current price of 0.68 is below the 20-day moving average (MA) of 0.85, below the 50-day MA of 1.20, and below the 200-day MA of 15.89, indicating a bearish trend. The MACD of -0.16 indicates Negative momentum. The RSI at 33.38 is Neutral, neither overbought nor oversold. The STOCH value of 16.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TRNR.

Interactive Strength Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SDOT	62 Neutral	$9.21M	2.01	23.53%	―	-3.54%	―
Sector *	61 Neutral	$6.66B	11.71	2.96%	4.01%	2.64%	-20.91%
LVLU	44 Neutral	$18.04M	―	-148.78%	―	-11.06%	-175.45%
BQ	38 Underperform	$23.79M	―	-22.65%	―	―	―
CTHR	33 Underperform	$779.57K	―		―	-26.68%	27.41%
TRNR	27 Underperform	$6.15M	―	-4470.12%	―	459.36%	70.21%