TRNR INSIGHTS
Welcome to TRNR’s blog where we’ll share valuable insights about how we’re expanding our portfolio, the growing market opportunities and trends in the wellness space and more.
Germany Spotlight: The Second Largest Fitness Market
As we’ve shared in previous shareholder letters, international expansion is one of the key pillars in our growth strategy. In 2024, we made great strides to increase our footprint outside of the US, establishing a presence in countries such as Germany, France, Saudi...
OUR MARKETS: THE TIGER WOODS EFFECT
Fitness for Performance, Not Just Wellness In recent years, the wellness industry has dominated headlines. It’s already a massive market, and it’s experiencing explosive growth as it expands to include new levers of wellness, such as sleep, recovery,...
NEW YEAR, CONTINUING OPPORTUNITIES
Happy 2025! At TRNR, we’re heading into the next few months with a lot of momentum, given developments like our recent French distribution agreement, potential acquisition and the approval of bitcoin as a treasury asset. (If you haven’t read our Year...
SHAREHOLDER UPDATE: 2024 IN REVIEW AND A LOOK AHEAD
Fellow Shareholders - As the year comes to a close, we wanted to recap our operating and financial progress in 2024, and offer some callouts for 2025. First, we’d like to reiterate TRNR’s fundamental equity-value proposition: We have a value-based...
SHAREHOLDER UPDATE: NEW MULTI-YEAR, $500,000+ COMMITMENT & DISTRIBUTION AGREEMENT
Fellow Shareholders - December is shaping up to be a strong month for TRNR! Last week, as you know, we signed an LOI to complete a potential acquisition of a profitable equipment business with more than $40M in revenue. Today, we announced our largest international...
SHAREHOLDER UPDATE: Potential Acquisition – Dec 2024
Fellow Shareholders: We are extremely excited by today’s news that we’ve signed a non-binding letter of intent and exclusivity agreement to potentially acquire our first scaled, and profitable, health & wellness business. The possible acquisition is...
Shareholder Update: Listing Compliance
Fellow shareholders - I wanted to provide a quick update and overview on our recent Nasdaq-related announcements, including the one we issued yesterday. Those of you who follow us closely know that we’ve had our fair share of filings and disclosures this year about...