Fitell CorpFTEL
Market Cap: $266M
About: Fitell Corp engages in primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiaries. It operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority fitness equipment business is conducted in Australia via its own e-commerce platform and, through third-party sites. Licensing service offers a turnkey solution for personal training studios and commercial gym chains.
Employees: 15
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
338% more capital invested
Capital invested by funds: $313K [Q1] → $1.37M (+$1.06M) [Q2]
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
20% more funds holding
Funds holding: 5 [Q1] → 6 (+1) [Q2]
0.05% more ownership
Funds ownership: 0.36% [Q1] → 0.41% (+0.05%) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for FTEL.