Interactive Strength Aktie

Interactive Strength published a shareholder letter on its Q1 results and raised its Q2 guidance. At the end of March the company had USD 4.7m in cash, and it repurchased more than 105,000 of its own shares. The letter cites heavy financial strains (current ratio 0.47, leverage 3.22) and points to activity in the M&A pipeline; the company did not provide specific quarterly figures. Interactive Strength operates brands such as Wattbike, CLMBR, FORME and Ergatta; the stock fell 99% over the past year to USD 1. » Plus sur de.investing.com

Interactive Strength’s board has approved a share buyback program of up to $500,000, to be executed in the market through HC Wainwright and financed by a gain from Sportstech’s loan repayment. The company says the amount could equal about 20% of the roughly two million outstanding shares; purchases will be made in accordance with Rule 10b-18 and the program can be suspended at any time. CEO Trent Ward expects pro‑forma revenue of more than $30 million for 2026 following the acquisition of Ergatta and anticipates near-term profitability, after the company most recently reported $9.77 million in revenue and a negative gross margin of 0.83%. » Plus sur de.investing.com

Interactive Strength has completed the acquisition of Ergatta for $8.8 million; the purchase price consists of $1.8 million in cash, assumption of $1.8 million of debt and $5.3 million in shares subject to a lock‑up until May 2027. The company expects Ergatta to generate over $10 million in revenue in 2026 with roughly a 30% EBITDA margin and foresees Ergatta’s cash flow exceeding the cash payment in 2026; an earn‑out could raise the enterprise value to $19.5 million. Interactive Strength confirms a pro‑forma revenue forecast of over $30 million for 2026 and plans to integrate Ergatta’s gaming‑fitness content into its Wattbike and CLMBR brands. » Plus sur de.investing.com