Loading institutional data...
Loading institutional data...
No institutional (13F) filings cover this company, so the Overview and 13F tabs are thin. Everything drawn from its SEC filings is here.
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
How management deployed cash over 4 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: -375%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 4 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $512K is below the $43.3M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2025-09-30 (10-Q). The cash figure is from 2025-12-31, so the two are not the same balance-sheet date — the schedule has not been refiled since.
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.”
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow, so a reverse DCF can't be run.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
5/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on -$10.5M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
EOD close · as of 2026-10-02
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Revenue | $11.5M 100.0% | $5.4M 100.0% | $962K 100.0% | $681K 100.0% |
| Cost of Revenue | $10.6M 92.1% | $8.2M 151.6% | $6.5M 674.6% | $9.5M 1402.2% |
| Gross Profit | $913K 7.9% | -$2.8M -51.6% | -$5.5M -574.6% | -$8.9M -1302.2% |
| Research & Development | $2.9M 25.3% | $7.0M 129.9% | $10.0M 1044.1% | $20.0M 2931.0% |
| Selling, General & Admin | $15.6M 135.2% | $18.3M 340.9% | $37.3M 3874.9% | $19.3M 2833.8% |
| Total Operating Expenses | $20.8M 180.1% | $26.4M 490.8% | $49.0M 5088.6% | $45.5M 6678.0% |
| Operating Income | -$19.9M -172.2% | -$29.2M -542.5% | -$54.5M -5663.2% | -$54.3M -7980.2% |
| Other Income (Expense), net | -$4.1M -35.6% | -$5.7M -106.9% | $3.1M 323.0% | -$3.9M -569.8% |
| Pretax Income | -$24.0M -207.9% | -$34.9M -649.3% | -$51.4M -5340.2% | -$58.2M -8549.9% |
| Income Tax Expense | $0 0.0% | $0 0.0% | $0 0.0% | $0 0.0% |
| Net Income | -$23.70B -205533.4% | -$34.93B -649330.9% | -$51.37B -5340228.7% | -$58.2M -8549.9% |
| Per Share | ||||
| EPS (Basic) | $-171.77 | $-16328.50 | $-16614.85 | $-119.49 |
| EPS (Diluted) | $-171.77 | $-16328.50 | $-16614.85 | $-119.49 |
| Weighted Avg Shares (Basic) | 140K | 2K | 3K | 487K |
| Weighted Avg Shares (Diluted) | 140K | 2K | 3K | 487K |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
EOD close · as of 2026-10-02
Nothing notable to watch.
Where each multiple sits in its own 3-yr range · 0th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 3-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
Equity is the year-end figure. On average equity over the two year-ends, ROE is -355.0% — the two diverge when buybacks or issuance move equity during the year.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
Profit and sales moved in opposite directions this year.
Each line as % of revenue — the trend in color
| % of revenue | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Cost of Revenue | 1402.2 | 674.6 | 151.6 | 92.1 |
| Gross Profit | -1302.2 | -574.6 | -51.6 | 7.9 |
| R&D | 2931.0 | 1044.1 | 129.9 | 25.3 |
| SG&A | 2833.8 | 3874.9 | 340.9 | 135.2 |
| Operating Income | -7980.2 | -5663.2 | -542.5 | -172.2 |
| Income Tax | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income | -8549.9 | -5340228.7 | -649330.9 | -205533.4 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on TRNR: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 497 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-06-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMZN | $2.71T | — | — | — | — | — | — | 20.5% | 16.2% | — | 5,975 |
| TSLA | $1.46T | 343.1× | 155.1× | 15.4× | -2.9% | 18.0% | 4.0% | 4.6% | 4.2% | -0.9× | 4,187 |
| HD | $282.2B | 19.9× | 13.5× | 1.7× | 3.2% | 33.3% | 8.6% | 110% | 22.8% | 2.0× | 3,996 |
| BABA | $263.3B | 132.3× | — | 1.8× | 8.1% | 39.8% | 10.1% | 9.8% | 9.8% | — | 1,198 |
| TM | $214.9B | 56.2× | 12.3× | 0.9× | 3.8% | 18.4% | 4.4% | 7.9% | 4.1% | 4.0× | 628 |
| MCD | $164.1B | 19.4× | 15.9× | 6.1× | 3.7% | — | 31.9% | -478% | 22.0% | 3.1× | 3,384 |
| TJX | $145.9B | 27.2× | — | 2.4× | 7.1% | 31.0% | 9.1% | 53.9% | 42.1% | — | 2,651 |
| BKNG | $119.5B | 1.0× | 12.8× | 4.4× | 13.4% | — | — | — | — | 0.2× | 1,855 |
| SBUX | $108.0B | 58.1× | 26.4× | 2.9× | 2.8% | — | 5.0% | -22.9% | 23.3% | 3.4× | 2,335 |
| PDD | $107.3B | 31.9× | 6.8× | 1.7× | 14.5% | 56.3% | 22.7% | 23.7% | 23.7% | -1.2× | 503 |
| LOW | $101.4B | 15.3× | 11.4× | 1.2× | 3.1% | 33.5% | 7.7% | -67.1% | 22.3% | 3.1× | 2,580 |
| ABNB | $95.8B | — | 35.6× | 7.8× | 10.3% | 83.0% | 20.5% | 30.6% | 24.6% | -1.8× | 1,273 |
| MAR | $93.6B | 37.8× | 21.8× | 3.6× | 4.3% | — | 9.9% | -69.0% | -69.4% | -0.1× | 1,691 |
| MELI | $86.0B | 43.1× | — | 3.0× | 39.1% | 44.5% | 6.9% | 29.6% | 12.5% | — | 1,395 |
| RCL | $74.3B | 17.8× | — | 4.1× | 8.8% | 49.4% | 23.8% | 42.5% | 13.6% | — | 1,182 |
| ROST | $73.0B | 34.6× | 21.7× | 3.2× | 7.7% | 27.7% | 9.4% | 34.7% | 27.8% | -1.0× | 1,360 |
| HLT | $71.9B | 52.2× | 29.0× | 6.0× | 7.7% | — | 12.1% | -27.0% | 20.9% | 4.0× | 1,240 |
| GM | $70.8B | 23.9× | 3.4× | 0.4× | -1.3% | — | 1.5% | 4.4% | 4.4% | -1.4× | 1,510 |
| ORLY | $68.7B | 28.6× | 18.8× | 3.9× | 6.4% | 51.6% | 14.3% | -333% | 48.3% | 1.5× | 1,597 |
| SE | $58.3B | 37.8× | 23.0× | 2.5× | 36.4% | 44.7% | 6.9% | 12.6% | 12.6% | -1.8× | 756 |
| NKE | $50.2B | 16.1× | 11.1× | 1.1× | 0.2% | 42.9% | 6.7% | 20.9% | 13.6% | 0.1× | 1,695 |
| F | $48.2B | — | 3.7× | 0.3× | 1.2% | 6.8% | -4.4% | -22.7% | -22.7% | -3.4× | — |
| EBAY | $47.3B | 24.5× | 17.1× | 4.3× | 7.9% | 71.5% | 18.3% | 45.3% | 38.8% | -0.4× | 1,253 |
| CVNA | $45.9B | 7.5× | — | 2.3× | 48.6% | 20.6% | 6.9% | 40.9% | 16.6% | — | 804 |
| AZO | $45.2B | 19.3× | 12.7× | 2.4× | 2.4% | 52.6% | 13.2% | -73.2% | 46.4% | 2.0× | 1,244 |
| TRNR | $3M | — | — | 0.3× | 114% | 7.9% | -208% | -375% | -375% | — | — |
Peers = companies sharing TRNR's sector (Consumer Cyclical) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.