Organization and principal activities

12 Months Ended

Jun. 30, 2024

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, 2024			June 30, 2023			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