The Axle Workout

Improve life expectancy with better body composition
Overview
Raised: $142,968
Rolling Commitments ($USD)
05/01/2022
$953
114
2016
Fitness & Wellness
HealthTech
B2B/B2C
Medium
Low
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$680,196 |
$262,723 |
COGS |
$355,530 |
$117,797 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-110,724 |
$-37,309 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$41,409 |
$21,343 |
Accounts Receivable |
$6,310 |
$0 |
Total Assets |
$569,863 |
$289,237 |
Short-Term Debt |
$112,876 |
$79,218 |
Long-Term Debt |
$515,259 |
$157,567 |
Total Liabilities |
$628,135 |
$236,785 |
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Founder Profile
The Axle Workout Co-founder Andrew Page on Data and Fitness
Although it’s easy to lump various competitive physical activities under the sports umbrella, the muscles emphasized in each discipline can vary. For example, while Olympic figure skaters need to build abdominal muscle, snowboarders depend on their arms and shoulders to soar down the slopes. Precise training can help athletes cultivate their bodies and enhance their performance.Designed for professional athletes and everyday gym enthusiasts alike, The Axle Workout uses a patent-pending Olympic barbell and a live and on-demand training app to help users meet their physical goals. Its second-generation smart barbell will monitor how much muscle and fat an athlete has in specific areas, allowing them to improve their workout routine. We reached out to co-founder Andrew Page to learn more about his family’s generational dedication to health and the future of the industry.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.