Fitell (US:FTEL) Globenewswire·2025-11-17 13:30Core Insights - Fitell Corporation reported double-digit revenue growth and improved profitability metrics for FY2025, focusing on strengthening its legacy gym equipment business while maintaining financial discipline [2][3] - The company initiated two corporate strategies in digital assets and AI robotics to leverage its existing platform and explore new growth verticals [3] Financial Performance - Revenues for FY2025 reached $5.20 million, a 16.4% increase from $4.47 million in FY2024 [5][7] - Gross profit was $2.04 million, up 28.8% year over year, with a gross margin of 39.3%, reflecting a 380 basis points improvement [5][7] - Total operating expenses decreased by 61.6% to $3.68 million, primarily due to cost-cutting measures [5][7] - Loss from operations improved by 79.5% to $1.64 million, while net loss decreased by 92.7% to $0.68 million [5][7] - Basic and diluted EPS improved by 95.0% to -$0.53 from -$10.63 in FY2024 [5][7] Recent Developments - In September 2025, Fitell launched a Solana-based digital-asset treasury initiative and executed initial PUMP token acquisitions, with a first closing of $15 million under a $100 million facility [8] - In November 2025, the company secured $50 million in stablecoin-linked financing and formed 2F Robotics for AI-driven advanced robotic systems [8] - Fitell's corporate treasury is now diversified across cash, stablecoins, Solana (SOL), and PUMP [9] Company Overview - Fitell Corporation, through its subsidiary GD Wellness Pty Ltd, is an online retailer of gym and fitness equipment in Australia, serving over 100,000 customers [19] - The company aims to build a comprehensive fitness and wellness ecosystem powered by technology, with a portfolio of proprietary brands [19]