Forme Life
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | - | <1m | <1m | <1m |
| % growth | - | - | 111 % | 41 % |
| EBITDA | (12.3m) | (29.7m) | (51.5m) | (47.9m) |
| % EBITDA margin | - | (9198 %) | (7569 %) | (4977 %) |
| Profit | (11.2m) | (32.8m) | (58.2m) | (51.4m) |
| % profit margin | - | (10167 %) | (8550 %) | (5340 %) |
| R&D budget | 8.0m | 16.3m | 20.0m | 10.0m |
| R&D % of revenue | - | 5046 % | 2931 % | 1044 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | - | |
| N/A | $58.7m | Late VC | |
* | N/A | $69.9m | Late VC |
* | N/A | $12.0m | IPO |
| Total Funding | $129m | ||
Recent News about Forme Life
EditInteractive Strength Inc., trading as NASDAQ TRNR, operates in the specialty fitness equipment and virtual training market through its brands CLMBR, FORME, and FORME GOLF. CLMBR focuses on vertical climbing equipment paired with a unique digital and on-demand training platform. FORME combines hardware manufacturing with digital fitness services, offering smart home gyms and 1:1 personal training sessions to deliver immersive and effective fitness experiences. The company serves both commercial and at-home markets, targeting fitness enthusiasts and individuals seeking personalized training solutions. Its business model includes selling fitness equipment and subscription-based virtual training services, generating revenue from both hardware sales and ongoing membership fees.
Keywords: smart home gyms, virtual training, personal training, fitness equipment, digital fitness, immersive experience, commercial market, at-home market, subscription services, personalized coaching.
