Fitell Corporation Stock

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.