GMEX Robotics Corp
Business
Fitell Corp is a holding company that operates its wholly owned subsidiary GD, which retails gym and fitness equipment and develops connected fitness solutions. It offers proprietary and third-party fitness products including strength and cardio equipment under brands such as Muscle Motion, Rapid Motion, FleetX and Harison, as well as licensing services for boutique studios and development of smart connected equipment and digital training platforms. Key business segments include fitness equipment retail, a licensing business for studios, and interactive equipment/platform development. It primarily serves the Australian market via its e-commerce site, showroom, phone and commercial sales, and distributes through third-party channels such as Bunnings Marketplace and eBay while pursuing licensing opportunities in Asia-Pacific.
Summary from filing dated 2025-11-14
Financials
Latest annual snapshot (FY2025, period end 2025-06-30). Full statement history unavailable for this entity.
| Revenue | $5.20M |
| Net income | $-682.7K |
| Total assets | $11.40M |
| Total liabilities | $2.21M |
| Stockholders' equity | $9.19M |
| Operating cash flow | $-1.02M |