Develops and sells smart fitness hardware, including interactive mirrors like the Forme Studio. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Average growth of 144% a year over the last 4 years. Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.
Executives buying with their own money is usually read as confidence in the company’s future.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
There is growth, but not at top-of-the-class tempo.
Clearly below the class average.
Business Quality: Profit power and business quality trail similar companies in the sector.
Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.
An investor who bought at the very peak is down 100% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.
Over the last 4 years, sales grew about 144% a year on average.
Sales run at $11.5M a year. A small number, but proof the product has real buyers.
Over the last 12 months, company executives reported 11 buys and 0 sells. Management buying with its own money is usually read as a good sign.
A loss of $24.0M against $11.5M in annual sales.
At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.
On our five-subject report card, TRNR sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: TRNR is a high-risk stock — not yet profitable, and its future rides on its product catching on.
Analysts’ average target sits above today’s price, yet the valuation grade (17/100) says the stock isn’t cheap.
Not covered, because the filings we hold do not carry it: the revenue breakdown.