Jake Bentzinger 7 th Period

 Nexersys is an exercise equipment company founded on the belief that the “user experience is everything” when it comes to exercise. The company blends technology, gaming, and exercise into a seamless exercising experience. Nexersys believes in innovation and dependability on both machine and staff.

 Nexersys aims to revolutionize your workout experience by providing a best-in-class machine that delivers cutting-edge technology combined with progress tracking and relevant training content designed just for you. Their machines strive to encourage additional participation and cloud-based training content that makes your workout YOUR workout.

 Nexersys plans to continue developing exercise equipment and arcade games based on fitness in the short term and long term. Their company is currently worth $5.6 million and is projected to be worth $19.6 million in 10 years. Nexersys hopes that the value of their product line will only continue to go up. If it does, we could see a value of $25 million by 2024.

 Nexersys currently has several products on the production line: the Nexersys Home Edition, Nexersys Pro Edition, and Fast Fists, an arcade game based off of their Nexersys Pro Edition model. The Nexersys Home Edition starts at around $3,000, while the Pro Edition starts at almost $7,000. They offer their products to gyms and arcade centers around the US.

Chairman/CEO Directors of Sales, Manufacturing, etc. Software, Engineering, and Game Developers/Interns

 The target market for Nexersys is gyms and fitness-oriented clubs and organizations looking for a way to improve their workout routine. It also targets regular people who just want to be fit and get more out of their workout. Nexersys exercise equipment is innovative and difficult to produce, so prices are expected to be high. As more advances are made, we could see a drop in pricing across all products.

 Nexersys gains an average annual revenue of $2.4 million. This is expected to go up as new models and products hit the production line in the future. Given the expensive nature of their products (almost $6,000 a unit) they gain their income through only a few unit sales – enough to hit that $2.4 million a year. Their current stage of startup on the website Gust is $500K in TTM Revenue.

 Nexersys opened its doors in September of 2009, making the company exactly 5 years old, amassing $19.6 million in total revenue in that time.  Nexersys took their product to the ABC show Shark Tank. They did not gain an investor as a result.  Nexersys delivers its products to consumers and gyms around the US. They do not provide their services internationally.

 Nexersys is a great company to invest in because it delivers gym-quality equipment right to your home. The great thing about Nexersys equipment is that it provides a workout 5 times better than a traditional treadmill while also keeping things intuitive and simple. Its blend of arcade games and exercise also makes it one of the best exercise equipment manufacturers out there.