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GMEX Robotics Corp logo

GMEX Robotics Corp

fitellcorp.com

What Do They Do?

Sells gym and fitness equipment to individual and commercial customers, and licenses fitness brands and a studio model to gym operators.

How Do They Make Money?

Customers pay for gym and fitness products when the goods ship. Gym-studio licensing and design services bring in fees over the contract period.

FY2025 revenue

Who Are Their Customers?

Retail customers buy mainly through the company’s e-commerce site, with sales also through marketplaces, its showroom and phone orders. Commercial customers include gyms, studios, government agencies, schools and health care providers, with orders handled through phone, email or the showroom.

Do Revenues Turn Into Profits?

No. It lost $682.7K in FY2025.

Operating income, FY2025
−32% of revenue
▼ −79% (Loss) vs FY2024 (−$8M, −179%)
Net income, FY2025
−13% of revenue
▼ −93% (Loss) vs FY2024 (−$9.3M, −208%)

Who Do They Compete With?

Competes with Nautilus, Peloton, ICON Health & Fitness, Johnson Health Tech, Technogym, Echelon, Mirror, Hydrow, Tonal, JaxJox, and Tempo

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