NEWS
Interactive Strength Inc: Secured Exclusive Distribution & Received Two Orders in Q3 for Clmbr in Indonesia With Primafit
Interactive Strength Inc. (Nasdaq:TRNR), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, has secured exclusive distribution for CLMBR with PrimaFit in Indonesia. PrimaFit, the leading distributor of best-in-class brands in Indonesia, placed an initial order of 10 units in July and a second order of 22 units in September, totaling almost six figures.
Indonesia, a G20 country with high GDP growth, represents a significant market opportunity. A premium boutique operator is pioneering a boxing-driven circuit class focused on CLMBR. TRNR expects to sell to at least ten international distributors or key accounts this year, with the international sales opportunity potentially matching the US market in size.
The company recently announced CLMBR's compliance with European Union standards and will begin fulfilling European and UK orders immediately. TRNR anticipates a significant change in its revenue profile for the third quarter and has higher expectations for future growth as it accesses major fitness markets outside the United States.
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