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FTEL

Fitell Corporation

FTEL

Fitell Corporation • NASDAQ
$0.85 ▲ 4.68% (+0.04)
Market Cap $1.09 M
52w High $792.00
52w Low $0.62
Dividend Yield 0%
P/E -1.6
Volume 131.34K
Outstanding Shares 1.28M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $2.647M ▲ $1.465M ▼ $-1.68M ▲ -63.469% ▲ $-1.34 ▲ $-1.122M ▲
Q4-2024 $2.344M ▲ $6.243M ▲ $-6.65M ▼ -283.763% ▼ $-6.08 ▼ $-7.163M ▼
Q2-2024 $2.123M ▲ $3.523M ▲ $-2.662M ▼ -125.368% ▼ $-4.16 ▼ $-2.421M ▼
Q4-2023 $1.745M ▼ $2.287M ▲ $-1.534M ▼ -87.909% ▼ $-3.2 ▼ $-982.89K ▼
Q2-2023 $3.054M $1.415M $-59.326K -1.942% $-0.118 $648.846K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $935.229K ▼ $9.913M ▼ $2.514M ▲ $7.399M ▼
Q4-2024 $1.064M ▼ $11.478M ▼ $2.469M ▼ $9.009M ▼
Q2-2024 $4.329M ▲ $12.469M ▲ $2.504M ▼ $9.965M ▲
Q4-2023 $731.096K ▼ $9.038M ▲ $2.621M ▼ $6.417M ▲
Q2-2023 $1.235M $7.325M $2.743M $4.582M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-1.68M ▲ $-743.957K ▲ $0 $476.412K ▼ $-197.159K ▲ $-743.96K ▲
Q4-2024 $-6.65M ▼ $-5.145M ▲ $0 ▲ $1.846M ▼ $-4.163M ▼ $-5.145M ▲
Q2-2024 $-2.662M ▼ $-7.109M ▼ $-2.5M ▼ $13.623M ▲ $1.963M ▲ $-7.109M ▼
Q4-2023 $-1.534M ▼ $-145.635K ▲ $591 ▲ $-28.551K ▲ $-173.004K ▼ $-145.635K ▲
Q2-2023 $-59.324K $-227.468K $0 $-50.512K $409.825K $-227.468K

Revenue by Products

Product Q3-2023
Merchandise Revenue
Merchandise Revenue
 $0 ▲

Five-Year Company Overview

Income Statement

Income Statement Fitell’s reported income statement still looks more like an early-stage or shell company than a mature retailer or tech firm. Revenue has been negligible, and recent results show operating losses rather than profits. The company is clearly in an investment and transition phase, where expenses tied to strategy, listing, and development outweigh what little business activity shows up in the numbers. Earnings per share have swung sharply into a deep loss, reflecting this pivot and the very small base over which results are spread. Overall, the current income profile is loss-making and highly sensitive to any changes in costs or new revenue streams.

Balance Sheet

Balance Sheet The balance sheet is very small and simple, with modest total assets, almost no reported cash, no debt, and a thin layer of equity. That means the company is not burdened by leverage, but it also does not show a large financial cushion on its own balance sheet. Growth and the robotics pivot will likely depend heavily on external financing arrangements rather than internally generated resources. The limited asset base also means there is not much room for error if projects take longer or cost more than expected.

Cash Flow

Cash Flow Cash flow mirrors the income statement: the business is not generating meaningful cash from operations and has been using cash rather than producing it. There is essentially no visible spending yet on large physical investments, which is typical for a company that is still defining its new direction. In practical terms, Fitell is currently in a funding phase, where cash inflows will likely come from financings and partnerships, while cash outflows reflect operating costs and early development work. Until recurring revenue builds, cash burn and access to capital remain critical watch points.

Competitive Edge

Competitive Edge Today, Fitell’s established position is as a niche online fitness-equipment retailer with its own brands and a specialty service for setting up boutique gyms, mainly in Australia and nearby markets. That gives it some customer relationships, product know‑how, and an operating platform, but it remains small compared with global fitness and e‑commerce players. The planned shift into AI and robotics could dramatically reshape its competitive identity, moving it from a product reseller and brand owner into a technology-focused company. However, in robotics and AI it will face much larger, more established competitors, and its moat in that field is not yet proven. The strength of its future position will depend on how well it can turn its partnership, IP rights, and existing distribution into real, differentiated products that customers adopt at scale.

Innovation and R&D

Innovation and R&D Innovation is where Fitell is aiming to stand out. The company is pivoting from pure fitness retail toward AI-driven robotics through the 2F Robotics joint venture. This includes plans to work on robots and automation for homes, kitchens, fitness, and industrial uses, supported by a sizable planned financing and collaboration with an experienced robotics partner. Fitell keeps majority control and IP rights, which could be valuable if the technology gains traction. Earlier ideas like an AI-powered training platform show a broader ambition to blend software, data, and hardware. That said, these projects are still early, products are not clearly defined, and robotics R&D is expensive and uncertain. Innovation is a clear opportunity, but also the primary source of execution and funding risk.

Summary

Fitell is in the middle of a major transformation: from a small, niche fitness-equipment retailer into a speculative AI and robotics story. Its current financials show minimal revenue, ongoing losses, and a very light balance sheet, so the company is not yet supported by a strong, cash-generating core business. The value of the story now rests on whether it can successfully execute the 2F Robotics strategy, bring real products to market, and build sustainable revenue while managing funding needs. This creates a high-risk, high-uncertainty profile: the upside depends on turning ambitious innovation into commercial success, while the downside centers on limited current scale, negative cash flow, and the challenges of competing in capital‑intensive, technology‑heavy markets.

NEWS

November 17, 2025 · 8:30 AM UTC

Fitell Corporation Announces Fiscal Year 2025 Results

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November 6, 2025 · 8:50 AM UTC

Fitell Corporation Announces $50 Million Stablecoin Financing and 2F Robotics, a Platform for AI-Driven Advanced Robotic Systems

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October 16, 2025 · 12:30 PM UTC

Fitell Corporation Regains Compliance with Nasdaq Minimum Bid Price Rule

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October 3, 2025 · 8:30 AM UTC

Fitell Corporation Receives 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Requirement

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October 2, 2025 · 8:30 AM UTC

Fitell Corporation Completes Purchase of 216.8 million PUMP Tokens to its Digital Asset Treasury

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