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Fitell Corp
23-25 Mangrove Ln, Taren Point
SYDNEY, NSW  2229  Australia Ticker: FTELFTEL
Business Summary
Fitell Corporation operates its business through its wholly owned subsidiary, GD Wellness PTY LTD (GD). GD is a gym and fitness equipment retailer both under its brands and other names. The Company operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the 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. Its licensees are either entrepreneurs or fitness professionals (and teams). Its brand portfolio is categorized into three brands under its Gym Direct brand: Muscle Motion, Rapid Motion, and FleetX. Its artificial intelligence (AI)-powered interactive platform, 1FinalRound, provides online training content along with various other services.
(Source: N-30D)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20236/30/2023YesYes---

Industries
SIC Code Description
5091 Sporting and recreational goods and supplies
7372 Prepackaged software
7997 Membership sports and recreation clubs
3949 Sporting and athletic goods, not elsewhere classified
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director Guy A.Robertson 68 5/13/2022 4/22/2022
Chief Financial Officer JamarsonKong 43 4/1/2022 4/1/2022
Director YinyingLu 41 4/1/2022 4/1/2022
4 additional Officers and Directors records available in full report.

Business Names
Business Name
Fitell Corp
FTEL
GD Wellness Pty Ltd

General Information
Outstanding Shares: 11,120,000 (As of 12/31/2023)
Stock Exchange: NASD


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