Interactive Strength Inc.

NasdaqCM:TRNR Stock Report

Market Cap: US$2.6m

Interactive Strength Management

Management criteria checks 1/4

Interactive Strength's CEO is Trent Ward, appointed in May 2017, has a tenure of 7.58 years. total yearly compensation is $20.05M, comprised of 1.5% salary and 98.5% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth $473.10. The average tenure of the management team and the board of directors is 3 years and 2.8 years respectively.

Key information

Trent Ward

Chief executive officer

US$20.1m

Total compensation

CEO salary percentage1.5%
CEO tenure7.6yrs
CEO ownership0.02%
Management average tenure3yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Trent Ward's remuneration changed compared to Interactive Strength's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$41m

Jun 30 2024n/an/a

-US$44m

Mar 31 2024n/an/a

-US$47m

Dec 31 2023US$20mUS$295k

-US$51m

Sep 30 2023n/an/a

-US$59m

Jun 30 2023n/an/a

-US$63m

Mar 31 2023n/an/a

-US$61m

Dec 31 2022US$5mUS$230k

-US$58m

Sep 30 2022n/an/a

-US$52m

Dec 31 2021US$999kUS$232k

-US$33m

Compensation vs Market: Trent's total compensation ($USD20.05M) is above average for companies of similar size in the US market ($USD653.16K).

Compensation vs Earnings: Trent's compensation has increased whilst the company is unprofitable.


CEO

Trent Ward (43 yo)

7.6yrs

Tenure

US$20,050,877

Compensation

Mr. Trent Alexander Ward is Co-Founder, Chairperson and Secretary of Interactive Strength Inc and as Chief Executive Officer and Director since May 2017. Mr. Ward serves as a Director at Taqueria Dos Ltd....


Leadership Team

NamePositionTenureCompensationOwnership
Trent Ward
Co-Founder7.6yrsUS$20.05m0.018%
$ 473.1
Michael Madigan
Chief Financial Officer2.3yrsUS$857.49k0%
$ 0
Ben Bartlett
Presidentno datano datano data
Deepak Mulchandani
CTO & Director3yrsno data0.00011%
$ 2.9

3.0yrs

Average Tenure

46yo

Average Age

Experienced Management: TRNR's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Trent Ward
Co-Founder7.6yrsUS$20.05m0.018%
$ 473.1
Deepak Mulchandani
CTO & Director3yrsno data0.00011%
$ 2.9
David Leis
Independent Directorless than a yearno datano data
Aaron N. Weaver
Independent Director2.8yrsUS$450.41k0%
$ 0
Kirsten Bartok Touw
Independent Lead Director1.7yrsUS$450.41k0.00033%
$ 8.7

2.8yrs

Average Tenure

48yo

Average Age

Experienced Board: TRNR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Interactive Strength Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Harald Hofmwb research AG