Fitell Corporation Announces First Half-Year Financial Results

TAREN POINT, Australia, March 05, 2024 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company"), an online retailer of gym and fitness equipment in Australia, today announced its half-year financial results for the six months ended December 31, 2023. Six-month Period ended December 31, 2023 Financial Highlights Revenue was $2.1 million, a decrease of $0.9 million or 30.5% compared to the same period in 2022.Gross profit was $0.85 million, a decrease of $745,555 or 46.8% from the same ...