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Interactive Strength Inc (TRNR)
NASDAQ:TRNR
RESEARCH TOOLSreports
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Interactive Strength Inc
(NASDAQ:TRNR)
37Underperform
Interactive Strength Inc (TRNR) vs. S&P 500 (SPY)
Market Cap
$1.85M
Dividend YieldN/A
Average Volume (3M)25.33M
Price to Earnings (P/E)―
Beta (1Y)1.34
Revenue Growth226.93%
EPS Growth55.31%
CountryUS
Employees36
SectorConsumer Cyclical
Sector Strength51
IndustryPersonal Products & Services
Share Statistics
EPS (TTM)-7796.52
Shares Outstanding1,500,212
10 Day Avg. Volume3,607,790
30 Day Avg. Volume25,326,744
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.59
Price to Cash Flow (P/CF)-0.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Interactive Strength Inc Business Overview & Revenue Model
Company DescriptionInteractive 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 MoneyInteractive Strength Inc generates revenue primarily through the sale of its fitness equipment and subscription-based digital platforms. The company's smart fitness devices are sold directly to consumers, often featuring advanced technology that allows for interactive and personalized workout experiences. Additionally, TRNR offers subscription services for accessing its digital platforms, which provide users with a variety of workout programs, fitness tracking, and other value-added services. Revenue streams are bolstered by strategic partnerships with technology firms and fitness influencers, expanding the reach and appeal of its products.
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.25
Negative
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.40
Negative
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.30
Negative
| Breakdown | ||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 3.18M | 962.00K | 681.00K | 323.00K | 0.00 | Gross Profit |
| -3.98M | -5.53M | -8.87M | -4.84M | -358.00K | EBIT |
| -36.33M | -54.48M | -54.34M | -37.15M | -16.54M | EBITDA |
| -26.97M | -43.26M | -51.13M | -29.71M | -12.31M | Net Income Common Stockholders |
| -40.57M | -51.37M | -58.23M | -32.84M | -11.18M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.70M | -66.00K | 226.00K | 1.70M | 11.00K | Total Assets |
| 22.07M | 16.80M | 24.45M | 22.07M | 5.86M | Total Debt |
| 7.45M | 10.09M | 11.09M | 7.45M | 9.30M | Net Debt |
| 5.75M | 10.09M | 10.87M | 5.75M | 9.29M | Total Liabilities |
| 12.00M | 22.35M | 27.18M | 12.00M | 19.28M | Stockholders Equity |
| 10.07M | -5.55M | -2.73M | 10.07M | -13.43M |
| Cash Flow | Free Cash Flow | |||
| -11.05M | -16.85M | -43.15M | -50.62M | -16.73M | Operating Cash Flow |
| -10.87M | -15.43M | -35.55M | -38.26M | -13.42M | Investing Cash Flow |
| -1.68M | -1.42M | -7.61M | -12.36M | -3.31M | Financing Cash Flow |
| 15.49M | 17.11M | 41.77M | 52.45M | 17.15M |
Interactive Strength Inc Technical Analysis
Negative
1.21
Price Trends
1.76
Negative
2.92
Negative
47.15
Negative
Market Momentum
-0.18
Positive
43.44
Neutral
39.30
Neutral
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 1.21 is below the 20-day moving average (MA) of 1.62, below the 50-day MA of 1.76, and below the 200-day MA of 47.15, indicating a bearish trend. The MACD of -0.18 indicates Positive momentum. The RSI at 43.44 is Neutral, neither overbought nor oversold. The STOCH value of 39.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TRNR.
Interactive Strength Inc Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $660.26M | 22.26 | 9.39% | 1.75% | -1.49% | -34.38% | |
67 Neutral | $8.40B | 49.75 | -79.88% | ― | 10.30% | 23.45% | |
65 Neutral | $3.71B | 29.13 | 7.50% | 3.00% | -18.19% | -68.10% | |
59 Neutral | $12.68B | 11.14 | 0.97% | 3.72% | 1.33% | -21.21% | |
47 Neutral | $2.84B | ― | 58.47% | ― | -3.99% | 68.27% | |
37 Underperform | $1.85M | ― | -1470.61% | ― | 226.93% | 55.31% |
* Consumer Cyclical Sector Average
Performance Comparison
TRNR
Interactive Strength Inc
1.29
-1,037.51
-99.88%
BC
Brunswick
56.34
-38.01
-40.29%
RGR
Sturm Ruger & Company
39.55
-5.82
-12.83%
PLNT
Planet Fitness
100.60
37.97
60.63%
PTON
Peloton Interactive
6.95
2.67
62.38%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.