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 End Update, which outlines more of our progress, it’s worth a look.)
In addition to breaking material news, we’ll be continuing to explain our overall market, customer and geographic opportunities directly here as well as in our shareholder emails. Sign up if you haven’t already.
TRNR offers exposure to a huge, growing market that we define in terms of consolidating overlooked value opportunities – fitness platforms and equipment that we can acquire and scale more efficiently than smaller owner-operators by themselves, due to our listing and capital structure.
Look for news around our catalysts:
- Our market tailwind – for people worldwide, health & wellness is increasingly an “essential” spend.
- Our portfolio strategy – TRNR is building a collection of opportunities for its investors to benefit from macro trends, the diversity of which helps lower the risk of any one opportunity.
- Our M&A expertise – TRNR’s goal is to source and purchase high-potential businesses before their multiples expand, within our highly-fragmented sector.
- Our growth – the more we grow and the more valuable our shares become, the more capital efficient our acquisitions and portfolio strategy.
- Our assortment of equipment, services and brands – as the range of what we offer both consumers and businesses expands, so do the ways we can create shareholder value.
Onwards!
Forward-Looking Statements:
This post includes certain statements that are “forward-looking statements” for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management’s assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”, “plan”, “may”, “should”, “will”, “would”, “will be”, “will continue”, “will likely result” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the possibility of acquiring future businesses or completing the existing letter of intent that was referenced or providing updates on these topics at the conference. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.