-
EU extends Russia sanction deadline
-
Emmy Awards begin as 'Widow's Bay' and 'The Pitt' vie for top prizes
-
Thai wildlife investigators track traffickers through social media
-
Himalayan glacier study warns of flood and water-supply risks
-
Trump rejects AI slowdown concerns as UN urges coordinated controls
-
Kuwait schools restore classroom routines after remote learning
-
US judge postpones new visa rules for foreign students, journalists
-
US designer Bob Mackie, known for Hollywood glamour, dies at 87
-
Higher wages draw migrant workers to Kashmir despite attacks
-
BIS flags debt and profitability risks in AI-driven market rally
-
Oil supply concerns and AI warnings weigh on global markets
-
Qatar Chamber and Maltese envoy consider business forum
-
'I am the hoax buster': Trump rejects AI danger warnings
-
Spanish PM denies being blackmailed by Morocco
-
Macklemore dropped from Ed Sheeran tour after 'free Palestine' speech
-
Doha Islamic finance forum names AlRayan firms as co-lead partners
-
Trump's son confirms Russian businessman paid for post-wedding festivities
-
Leeds thrash Newcastle to go third in the Premier League
-
Betis beat winless Villarreal to go third
-
Zelensky says Ukraine ready for 'de-escalatory steps'
-
Etihad capacity rises as war disruption weighs on annual earnings
-
In-form Malen fires Roma to Serie A summit, Inter on their heels
-
At G20 summit, US unravels power plant climate rules
-
Lebanese agency reports Israeli shelling and gunfire in south
-
Russian disinformation campaign sets sights on US midterms
-
Expert proposes phased digital reform for Arab business schools
-
England No 8 Pollock could move abroad or switch sports amid contract stand-off
-
Trump rejects 'hoax' warnings that AI could destroy humanity
-
Canada makes pitch as safe place to invest in 'uncertain world'
-
Houthis say Saudi Arabia hits Yemen with 54 strikes after attack on bases
-
In-form Malen fires Roma to Serie A summit
-
Why the far right is losing ground in Sweden
-
IOC visits Lyon amid leadership turmoil for 2030 Winter Olympics
-
Ex-Ireland fly-half O'Gara extends deal as La Rochelle coach
-
New York seizes 12 celeb deep-fake porn sites
-
Russian attacks on Ukraine railways escalating every week: rail CEO to AFP
-
Jesse Eisenberg channels emotional intensity into 'The Debut'
-
France, Iraq deepen energy, defence ties during Zaidi visit
-
Alarm over AI grows as divided US Congress struggles to act
-
Trump says Ukraine, Russia agree not to hit energy targets
-
PopDEX Surpasses $61M TVL and $2B Trading Volume in Closed Beta
-
Nigeria's Dangote refinery launches continent's biggest IPO
-
Oasis announce new 2027 world tour
-
Trump blasts 'sick conspiracy' against AI as warnings mount
-
Women athletes condemn 'sexualised' Sydney Sweeney commercial
-
For Laura Linney, role in Parkinson's-themed movie marked a turning point
-
UN calls for 'urgent action' to rein in AI in face of 'unprecedented risks'
-
Doctors face life sentence over Greek pop star's death
-
Russia intensifies attacks seeking to intimidate Ukraine, Europe
-
Trump moves to axe power plant climate rules
Sportstech Announces That Its Growth Continues to Accelerate with 24% YoY Revenue Growth in the Third Quarter of 2025
Revenue Growth Accelerated from 18% YoY in Second Quarter, and is expected to Surpass 30% YoY in Fourth Quarter
Third Quarter EBITDA margin increased by more than 200bps YoY, leading to LTM EBITDA margin of more than 10%
LTM Revenue Surpasses €50M with More than €5M in LTM EBITDA
Company is Working on Completing Acquisition Closing Requirements
BERLIN, DE / ACCESS Newswire / November 5, 2025 / Sportstech Brands Holding GmbH ("Sportstech" or the "Company"), a leading provider of connected fitness equipment and digital content in Europe, today provided an update on its continued top-line momentum and positive EBITDA improvements as it works to finalize the closing of its pending acquisition by Interactive Strength Inc. (Nasdaq:TRNR).
Sportstech reported that revenue in the third quarter of 2025 was 24% higher than the same period last year, coming in at almost €12 million. This is an acceleration from the 18% growth achieved in the second quarter of 2025.
Given its fourth-quarter performance to date and planned new product releases, Sportstech expects that its revenue growth for the fourth quarter, its highest-revenue quarter, will accelerate still further and exceed 30% YoY.
This acceleration continues to be driven by working capital from pending acquirer TRNR that increases inventory availability, enabling Sportstech to better meet consumer and market demands. For the last twelve months (LTM) through September, Sportstech has generated more than €50 million in revenue and more than €5 million in EBITDA.
"Our continued monthly and YoY momentum shows just how much demand there is for our products and fitness content, when we're coordinated with the larger TRNR platform and have better access to working capital," said Ali Ahmad, Founder and CEO of Sportstech. "The addition of Caleb Morgret to the TRNR team also is helping us also accelerate the completion of the closing requirements. Our big ambitions remain, and we expect the post-closing period to be even more exciting than our growth is currently."
The pending acquisition by TRNR is expected to close as soon as all approvals are received, and the partnership will combine Sportstech's strong European presence with TRNR's premium connected fitness brands, Wattbike, CLMBR and FORME, creating a more diverse and scalable international platform in the digital fitness and equipment category.
About Sportstech Brands Holding GmbH:
Sportstech is Germany's leading connected fitness brand, offering a unique ecosystem of smart fitness equipment, interactive digital content, and gamified training experiences. Headquartered in Berlin, the company serves over three million customers across the DACH region, France, and Spain - combining German engineering with a fast-moving, tech-driven approach to home fitness.
Founded in 2012 by CEO Ali Ahmad, Sportstech was born out of a deeply personal mission to redefine the way people engage with fitness. What began as a transformation story became one of Europe's most dynamic direct-to-consumer fitness brands - driven by innovation, design, and a clear focus on long-term motivation.
With a portfolio of display-equipped devices, proprietary apps, and exclusive content such as fitness games and AI-based training assistants, Sportstech empowers individuals to train smarter, stay consistent, and enjoy every step of their fitness journey.
Contact: John Franklin
# # #
SOURCE: Sportstech
View the original press release on ACCESS Newswire
M.A.Colin--AMWN