iFIT Files for IPO, Could Raise Estimated $800M
September 1, 2021
Formerly known as Icon Health Fitness, iFIT offers interactive workouts, training programs, and instruction from world-class trainers.
The company owns various fitness brands including FreeMotion and NordicTrack, and has more than 6.1 million members in over 120 counties — including 1.5 million paying subscribers.
The company generated $1.7 billion in revenue in fiscal 2021, up from $851.7 million during the same period a year prior. FOS
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