Financial Snapshot

Revenue
$18.13M
TTM
Gross Margin
45.48%
TTM
Net Earnings
-$4.302M
TTM
Current Assets
$9.939M
Q4 2023
Current Liabilities
$2.058M
Q4 2023
Current Ratio
482.97%
Q4 2023
Total Assets
$12.47M
Q4 2023
Total Liabilities
$2.504M
Q4 2023
Book Value
$9.965M
Q4 2023
Cash
$4.163M
Q4 2023
P/E
-44.28
Sep 17, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $4.799M $8.156M $6.950M
YoY Change -41.16% 17.35%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $4.799M $8.156M $6.950M
Cost Of Revenue $2.626M $4.520M $4.190M
Gross Profit $2.173M $3.636M $2.750M
Gross Profit Margin 45.29% 44.58% 39.57%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $1.343M $1.107M $1.610M
YoY Change 21.28% -31.21%
% of Gross Profit 61.8% 30.46% 58.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.27K $730.00 $0.00
YoY Change 1580.55%
% of Gross Profit 0.56% 0.02% 0.0%
Operating Expenses $2.520M $2.303M $1.830M
YoY Change 9.39% 25.87%
Operating Profit -$346.3K $1.332M $920.0K
YoY Change -125.99% 44.81%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $92.80K $27.42K -$20.00K
YoY Change 238.45% -237.1%
% of Operating Profit 2.06% -2.17%
Other Income/Expense, Net -$1.273M -$1.100M $240.0K
YoY Change 15.73% -558.25%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income -$1.619M $232.5K $1.140M
YoY Change -796.55% -79.61%
Income Tax -$25.76K $219.9K $290.0K
% Of Pretax Income 94.58% 25.44%
Net Earnings -$1.593M $12.60K $850.0K
YoY Change -12743.98% -98.52%
Net Earnings / Revenue -33.2% 0.15% 12.23%
Basic Earnings Per Share -$0.21 $0.00
Diluted Earnings Per Share -$0.21 $0.00 $0.08

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $730.0K $1.740M $1.290M
YoY Change -58.05% 34.88%
Cash & Equivalents $240.0K $720.0K $1.290M
Short-Term Investments $490.0K $1.020M $0.00
Other Short-Term Assets $5.330M $230.0K $300.0K
YoY Change 2217.39% -23.33%
Inventory $530.0K $920.0K $920.0K
Prepaid Expenses
Receivables $170.0K $40.00K $10.00K
Other Receivables $0.00 $0.00 $1.080M
Total Short-Term Assets $6.760M $2.930M $3.600M
YoY Change 130.72% -18.61%
Property, Plant & Equipment $640.0K $890.0K $1.120M
YoY Change -28.09% -20.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $130.0K $110.0K $90.00K
YoY Change 18.18% 22.22%
Total Long-Term Assets $2.280M $2.500M $2.710M
YoY Change -8.8% -7.75%
Total Assets $9.040M $5.430M $6.310M
YoY Change
Accounts Payable $1.170M $810.0K $1.000M
YoY Change 44.44% -19.0%
Accrued Expenses $210.0K $210.0K $210.0K
YoY Change 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.130M $2.270M $2.810M
YoY Change -6.17% -19.22%
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $490.0K $720.0K $1.010M
YoY Change -31.94% -28.71%
Total Long-Term Liabilities $490.0K $720.0K $1.010M
YoY Change -31.94% -28.71%
Total Liabilities $2.620M $2.990M $3.820M
YoY Change -12.37% -21.73%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 7.715M shares 7.000M shares
Diluted Shares Outstanding 7.715M shares 7.000M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $190.49 Million

About Fitell Corp

Fitell Corp. is an online retailer of gym and fitness equipment. The company is headquartered in Sydney, New South Wales. The company went IPO on 2023-08-08. The firm operates in two segments: the online fitness equipment distribution and the licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority of its fitness equipment business is conducted in Australia through its own e-commerce platform and, to a lesser extent, through third-party sites. Its licensing service offers a turnkey solution for personal training studios and commercial gym chains. The Company’s brand portfolio is categorized into three brands under its Gym Direct brand: Muscle Motion, Rapid Motion, and FleetX, in over 2,000 stock-keeping units (SKUs). Its artificial intelligence (AI)-powered interactive platform, 1FinalRound, provides online training content along with various other services.

Industry: Sporting & Athletic Goods, NEC Peers: