Fitell Corporation revenue rises as average order value increases
Fitell Corporation reported revenues of $5.2 million for the fiscal year ended June 30, 2025, representing a 16.4% increase from $4.5 million in the previous year. Merchandise revenues accounted for all revenue in 2025, rising to $5.2 million from $4.0 million in 2024. There was no revenue from licensing customers in 2025, compared to $151,277 in 2024, due to a strategic postponement of overseas expansion amid challenging market conditions. The company's normalized net loss for 2025 was $1.3 million, improving from a net loss of $2.4 million in 2024. Cost of goods sold accounted for 64.5% of total revenue in 2025. Fitell Corporation continues to focus on merchandise and consumable product sales and plans to resume licensing customer services in the Asia market when conditions improve.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fitell Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-023553), on November 14, 2025, and is solely responsible for the information contained therein.
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