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Interactive Strength (Interactive Strength) Gross Margin % : -883.61% (As of Dec. 2023)


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What is Interactive Strength Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Interactive Strength's Gross Profit for the three months ended in Dec. 2023 was $-1.62 Mil. Interactive Strength's Revenue for the three months ended in Dec. 2023 was $0.18 Mil. Therefore, Interactive Strength's Gross Margin % for the quarter that ended in Dec. 2023 was -883.61%.


The historical rank and industry rank for Interactive Strength's Gross Margin % or its related term are showing as below:

TRNR' s Gross Margin % Range Over the Past 10 Years
Min: -1499.07   Med: -1302.2   Max: -574.64
Current: -574.74


During the past 4 years, the highest Gross Margin % of Interactive Strength was -574.64%. The lowest was -1499.07%. And the median was -1302.20%.

TRNR's Gross Margin % is ranked worse than
100% of 103 companies
in the Personal Services industry
Industry Median: 44.86 vs TRNR: -574.74

Interactive Strength had a gross margin of -883.61% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Interactive Strength was 0.00% per year.


Interactive Strength Gross Margin % Historical Data

The historical data trend for Interactive Strength's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Interactive Strength Gross Margin % Chart

Interactive Strength Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
- -1,499.07 -1,302.20 -574.64

Interactive Strength Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1,388.66 -1,051.59 -360.13 -366.99 -883.61

Competitive Comparison of Interactive Strength's Gross Margin %

For the Personal Services subindustry, Interactive Strength's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Interactive Strength's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Interactive Strength's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Interactive Strength's Gross Margin % falls into.



Interactive Strength Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Interactive Strength's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-5.5 / 0.962
=(Revenue - Cost of Goods Sold) / Revenue
=(0.962 - 6.49) / 0.962
=-574.64 %

Interactive Strength's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-1.6 / 0.183
=(Revenue - Cost of Goods Sold) / Revenue
=(0.183 - 1.8) / 0.183
=-883.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Interactive Strength  (NAS:TRNR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Interactive Strength had a gross margin of -883.61% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Interactive Strength Gross Margin % Related Terms

Thank you for viewing the detailed overview of Interactive Strength's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Interactive Strength (Interactive Strength) Business Description

Traded in Other Exchanges
Address
1005 Congress Avenue, Suite 925 , Texas, Austin, TX, USA, 78701
Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. It generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.
Executives
Bradley James Wickens 10 percent owner PUDLICOTE HOUSE, PUDLICOTE LANE, CHIPPING NORTON, OXFORDSHIRE X0 OX7 3HX
Touw Kirsten Bartok director 125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Investments 1 Block.one 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lock.one 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, S. CHURCH ST., GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Brendan Francis Blumer 10 percent owner C/O BLOCK.ONE, SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Trent Alexander Ward director, officer: Chief Executive Officer 942 N. LAUREL AVENUE, LOS ANGELES CA 90046
Michael Madigan officer: Principal Financial Officer 370 HOURGLASS LANE, BALDWINSVILLE NY 13027
Deepak Manu Mulchandani director 27660 SKYLARK LANE, SANTA CLARA CA 91350
Stuart Bryan officer: Principal Accounting Officer 22900 ALLEN COURT, SAINT CLAIR SHORES MI 48080
Weaver Aaron Ngoc Dung director 99 OAKLEY STREET, LONDON X0 SW3 5NR
Kokuei Yuan 10 percent owner SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Andrew Bliss 10 percent owner SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006

Interactive Strength (Interactive Strength) Headlines

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