Fitell Corporation’s board of directors approved a share repurchase program that allows the company to buy back up to $3 million of its ordinary shares over the next 24 months, a move announced on December 1 2025.
The program, authorized by the board on November 27 2025, gives Fitell flexibility to repurchase shares at its discretion, subject to market conditions. The $3 million cap reflects the company’s desire to return capital to shareholders while preserving liquidity for ongoing investments in fitness technology and its emerging digital‑asset and robotics ventures.
CEO Sam Lu said the decision follows FY2025 results that demonstrate stronger revenue growth and a narrowed net loss. He noted that the current market valuation does not fully reflect Fitell’s operational progress and opportunities across its fitness operations and 2F Robotics, underscoring management’s confidence that the shares are undervalued.
FY2025 financials show revenue of $5.2 million, up 16.4% from $4.47 million a year earlier, and a net loss of $0.68 million versus a $9.31 million loss in the prior year. Gross margin rose to 39.3%, an increase of 3.8 percentage points, driven by higher‑margin product mix and disciplined cost control. The improved profitability, while still a loss, signals a positive trajectory that supports the share‑buyback rationale.
Investors reacted positively to the announcement, interpreting the buyback as a strong signal of management’s confidence in Fitell’s valuation and future growth prospects. The program aligns with the company’s strategy to balance shareholder returns with continued investment in its core fitness business and high‑growth digital‑asset initiatives.
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