earnings
confidence high
sentiment neutral
materiality 0.60
Interactive Strength reports Q4 net loss of $11.4M; targets EBITDA positive by Q4 2024
Interactive Strength, Inc.
2024-Q1 EPS reported
-$0.67
revenue$363,000
- Net loss of $11.4M and diluted EPS loss of $0.80 for Q4 2023, vs net loss of $18.8M and loss of $27.80 per share in Q4 2022.
- Adjusted EBITDA loss of $3.5M, improving $5.5M year-over-year.
- Non-cash stock-based compensation was $6.2M in the quarter.
- Company expects run-rate Adjusted EBITDA positive as early as Q4 2024.