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Organization and principal activities
12 Months Ended
Jun. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization and principal activities

1. Organization and principal activities

 

Fitell Corporation (the “Company”) was incorporated in the Cayman Islands on April 11, 2022 under the Companies Act as an exempted company with limited liability. The Company conducts its primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiary that are incorporated and domiciled in Australia, namely GD Wellness Pty Ltd (“GD”). The Company holds GD via a wholly owned subsidiary, namely KMAS Capital and Investment Pty Ltd (“KMAS”) which is incorporated and domiciled in Australia.

 

Details of the Company and its subsidiaries are set out in the table as follows:

 

    Percentage of effective ownership       
Name  Date of incorporation  June 30,
2025
   June 30,
2024
   Place of incorporation  Principal activities
Fitell Corporation  April 11, 2022   Parent    Parent   Cayman Islands  Investment holdings
KMAS Capital and Investment Pty Ltd
  July 26, 2016   100%   100%  Australia Investment holdings
GD Wellness Pty Ltd  July 22, 2005   100%   100%  Australia  Sales of gym and fitness equipment