Ergatta Extends iFIT Deal through 2028, Targets $10M at 30% EBITDA
TRNR•TRNR’s Ergatta unit secured a two-year content licensing extension with iFIT through mid-2028, introducing its new Endeavor game and supporting over $10M in 2026 revenue at roughly 30% EBITDA margin. The company also submitted two preliminary letters of intent in May, expanding its M&A pipeline for future growth.
1. Licensing Extension with iFIT
TRNR’s Ergatta signed a two-year extension through mid-2028, expanding its game-based fitness content across iFIT’s NordicTrack and ProForm equipment and building on engagement from the Spring Cup virtual competition.
2. Revenue and Profitability Outlook
Ergatta is projected to generate over $10M in 2026 revenue at approximately 30% EBITDA margin, with monthly member retention above 98%, providing visibility on high-margin, subscription-based cash flows for TRNR.
3. M&A Pipeline Expansion
In May, TRNR submitted two preliminary Letters of Intent for potential accretive acquisitions, reflecting an increase in deal flow and the company’s focus on strategic growth opportunities.
4. Introduction of Endeavor Game
The deal expansion introduces Endeavor, Ergatta’s single-player immersive fitness game, to iFIT Pro members across treadmills, bikes, and rowers this fall, complementing the existing Races multiplayer experience.
