Taren Point, Australia, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company") today reported financial results for the fiscal year ended June 30, 2025. Revenue was $5.20 million, up 16.4% year over year, driven by increasing merchandise sales of gym and fitness equipment and products, supported by higher order volume and improved average order value.Gross profit was $2.04 million, up 28.8% year over year; gross margin was 39.3%, up 380 bps, reflecting the results of the newly implemented pricing strategy.Total operating expenses were $3.68 million, down 61.6% year over year, primarily due to the Company's cost cutting efforts in general and adminis

Taren Point, Australia, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company") today announced that it has entered into a securities purchase agreement with a U.S. based institutional investor to issue a $50 million convertible note. The financing will support the launch of 2F Robotics, a joint venture focused on developing and commercializing AI-driven robotic technologies across consumer and industrial applications. Key Highlights Stablecoin Financing: The net proceeds from the $50 million financing will be converted to stablecoin assets and held with a U.S. custodian.Stablecoin assets may be allocated toward 2F Robotics, the Company's corporate

Taren Point, Australia, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company"), a global provider of fitness equipment and health solutions, today announced that on October 15, 2025, it received a written notification from The Nasdaq Stock Market LLC that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). To regain compliance with the minimum bid price requirement, the Company were required to maintain a closing bid price of its Class A ordinary shares at or above $1.00 per share for at least 10 consecutive business days. Nasdaq's notice confirmed that Fitell maintained a closing bid pric

Sydney, Australia, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company") today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") granting the Company an additional 180-calendar-day compliance period, or until March 30, 2026, to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The additional compliance period is granted based on the Company's compliance of the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Nasdaq Capital Market, e

Taren Point, Australia, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company") today announced that it has purchased and allocated to its corporate treasury 216.8 million Pump.fun (PUMP) tokens, the native token powering the Pump.fun launchpad on Solana. This transaction represents the Company's first direct purchase of PUMP tokens and reflects its continued strategic expansion within the Solana ecosystem. On October 1, 2025, Fitell purchased approximately 216.8 million PUMP tokens for a total amount of $1.5 million. "We again moved promptly from decision to execution," said Sam Lu, Chief Executive Officer of Fitell Corporation. "We are deepening o

-First Publicly Listed Company to Establish a PUMP Treasury Reserve- Sydney, Australia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ: FTEL) ("Fitell" or the "Company") today announced its intention to allocate PUMP tokens to its corporate treasury. This strategic move represents a natural extension of Fitell's Solana digital asset treasury strategy and reflects the Company's confidence in Solana's rapidly growing ecosystem. Pump.fun has emerged as one of the most tangible revenue-generating applications on the Solana blockchain, operating as a live token launchpad that processes new issuances and collects listing and transaction fees directly tied to on-chain activity. I

Taren Point, Australia, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("FTEL" or the "Company"), today announced its initial acquisition of 46,144 Solana (SOL) for approximately $10 million, marking the first strategic purchase under the Company's previously announced Solana treasury initiative. "This initial $10 million purchase, in one day following our $100 million financing announcement, manifests FTEL's execution and commitment to our newly launched Solana treasury strategy" said Sam Lu, Chief Executive Officer of FTEL. "With committed institutional support, we look forward to expanding our SOL position, in addition to growing staking revenue, and drive long-ter

- Intends to become the largest publicly listed holder of SOL based in Australia - -Appoints advisors, David Swaney and Cailen Sullivan, to lead digital asset treasury strategy andyield generation through actively managed DeFi and structured product strategies- Taren Point, Australia, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company"), a global provider of fitness equipment and health solutions, today announced it has secured an up to $100M facility to support the launch of its Solana treasury strategy, marking the first Solana-based digital asset treasury in Australia. Key Highlights DeFi and Yield Roadmap: Designed to generate outsized yie

TAREN POINT, Australia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) (the "Company"), an online retailer of gym and fitness equipment in Australia, today announced that it will effect a share consolidation of its ordinary shares, par value of $0.0001 per share, at a ratio of 1-for-16, with a post-share consolidation par value of $0.0016, effective on September 23, 2025 (the "Share Consolidation"). The Company's class A ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on September 23, 2025. Upon the market opening on September 23, 2025, the Company's class A ordinary shares will continue to be traded on The

TAREN POINT, Australia, April 03, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) (the "Company"), an online retailer of gym and fitness equipment in Australia, today announced that on April 2, 2025, it has received a letter (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that for the last 30 consecutive business days the closing bid price of the Company's ordinary shares was below $1.00 per share, which is the minimum closing bid price required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The Notification Letter has no immediate impact on the

- Intends to become the largest publicly listed holder of SOL based in Australia - -Appoints advisors, David Swaney and Cailen Sullivan, to lead digital asset treasury strategy andyield generation through actively managed DeFi and structured product strategies- Taren Point, Australia, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company"), a global provider of fitness equipment and health solutions, today announced it has secured an up to $100M facility to support the launch of its Solana treasury strategy, marking the first Solana-based digital asset treasury in Australia. Key Highlights DeFi and Yield Roadmap: Designed to generate outsized yie