The Bikini Body Training Company Pty Ltd

The Bikini Body Training Company Pty Ltd operates a dedicated fitness app for women, empowering them to reach their fitness objectives through a variety of training programs and nutritional guidance. The Bikini Body Training Company Pty Ltd was founded in 2016 in Australia, specializing in fitness solutions for women. In June 2021, iFIT Inc acquired the company for USD 400 mn, aiming to enhance its global reach and consumer experience within the iFIT ecosystem. The company has recently completed one deal, with the most recent funding round being an Add-on led by iFIT Inc.

Sweat offers a fitness app tailored specifically for women, featuring over 60 training programs and more than 13,000 distinct workouts. Catering to a broad audience from beginners to experienced athletes, the app includes various workout styles such as HIIT, strength training, Pilates, and yoga. Additionally, it provides extensive nutritional support with numerous recipe ideas, engaging millions of users globally, particularly in Australia, the United States, Canada, and the United Kingdom. In the most recent year of 2021, the company reported total revenue of USD 73.

64 mn, with an EBITDA of USD -7. 64 mn, indicating current operational challenges likely tied to ongoing investments in growth and development. The acquisition by iFIT Inc in June 2021, valued at USD 400 mn, is set to accelerate The Bikini Body Training Company Pty Ltd's global expansion and enhance user experience as part of the iFIT ecosystem. The company plans to introduce new products and expand into various markets, although specific release dates and regions have not been disclosed.