Interactive Strength Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3.18	0.96	0.68	0.32	-
Revenue Growth (YoY)	226.82%	41.26%	110.84%	-	-
Cost of Revenue	7.17	6.49	9.55	5.17	0.36
Gross Profit	-3.99	-5.53	-8.87	-4.84	-0.36
Selling, General & Admin	23.39	38.91	23.24	16	8.14
Research & Development	8.96	10.04	19.96	16.3	8.04
Operating Expenses	32.35	48.95	43.2	32.3	16.18
Operating Income	-36.33	-54.48	-52.07	-37.15	-16.54
Interest Expense	-6.96	-1.59	-0.95	-0.94	-0.26
Other Non Operating Income (Expenses)	4.71	2.41	-3.38	0.05	0.43
EBT Excluding Unusual Items	-38.58	-53.66	-56.4	-38.03	-16.36
Gain (Loss) on Sale of Assets	-	-	-0.18	-	-
Asset Writedown	-	-	-2.28	-	-
Other Unusual Items	-1.99	2.29	0.63	5.19	3.65
Pretax Income	-40.57	-51.37	-58.23	-32.84	-12.71
Income Tax Expense	-	-	-	0	-1.53
Net Income	-40.57	-51.37	-58.23	-32.84	-11.18
Net Income to Common	-40.57	-51.37	-58.23	-32.84	-11.18
Free Cash Flow	-10.78	-15.43	-36.12	-40.88	-13.71
Operating Margin	-1142.55%	-5663.20%	-7646.11%	-11500.31%	-
Profit Margin	-1275.91%	-5340.23%	-8549.93%	-10167.18%	-
Free Cash Flow Margin	-338.84%	-1603.64%	-5304.26%	-12656.04%	-
EBITDA	-31.63	-49.95	-47.53	-34.96	-16.4
D&A For EBITDA	4.7	4.53	4.54	2.19	0.14
EBIT	-36.33	-54.48	-52.07	-37.15	-16.54
Revenue as Reported	3.18	0.96	0.68	-	-
Advertising Expenses	-	0.7	2.5	2	0.7

Source: S&P Capital IQ. Standard template. Financial Sources.