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!