Fitell Corporation Announces Interim Dividend and Shareholder Loyalty Program

Rhea-AI Summary

Fitell Corporation (NASDAQ: FTEL) declared an interim cash dividend of $0.10 per share, payable January 13, 2026, to holders of record at close of business December 30, 2025 (ex-dividend December 29, 2025).

The Board also approved a one-time Shareholder Loyalty Program offering up to $0.15 per share in three $0.05 tranches for shareholders who transfer shares into book entry with the transfer agent by the loyalty record date of December 29, 2025 and maintain ownership for 30, 60 and 90 days. Enrollment runs December 29, 2025 to March 28, 2026; payments expected about 15 days after each tranche end. Insiders are ineligible. A $125 DWAC processing fee applies per transfer.

Positive

• Interim dividend of $0.10 per share payable Jan 13, 2026
• Shareholder Loyalty Program offers up to $0.15 per share in three tranches
• Loyalty enrollment window: Dec 29, 2025–Mar 28, 2026

Negative

• $125 DWAC processing fee per transfer may reduce net payment
• Shares must remain in book entry during tranche periods; no lending allowed
• Insiders (officers, directors, employees) are ineligible

News Market Reaction

-0.83% 16.2x vol

30 alerts

-0.83% News Effect

+49.6% Peak Tracked

-29.6% Trough Tracked

-$51K Valuation Impact

$6M Market Cap

16.2x Rel. Volume

On the day this news was published, FTEL declined 0.83%, reflecting a mild negative market reaction. Argus tracked a peak move of +49.6% during that session. Argus tracked a trough of -29.6% from its starting point during tracking. Our momentum scanner triggered 30 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $51K from the company's valuation, bringing the market cap to $6M at that time. Trading volume was exceptionally heavy at 16.2x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Interim dividend: $0.10 per share Loyalty payments: Up to $0.15 per share First loyalty tranche: $0.05 per share +5 more

8 metrics

Interim dividend $0.10 per share Payable January 13, 2026; record date December 30, 2025

Loyalty payments Up to $0.15 per share Three $0.05 tranches over 30, 60, 90 days

First loyalty tranche $0.05 per share For first 30 days in book entry

Second loyalty tranche $0.05 per share For first 60 days in book entry

Third loyalty tranche $0.05 per share For full 90 days in book entry

DWAC processing fee $125 per transfer Broker payment to Vstock Transfer

Enrollment period Dec 29, 2025–Mar 28, 2026 Loyalty program election window

Customers served Over 100,000 customers Cumulative customers for GD Wellness

Market Reality Check

Price: $3.52 Vol: Volume 1,012,364 is well ...

low vol

$3.52 Last Close

Volume Volume 1,012,364 is well below the 20-day average of 11,190,035 (relative volume 0.09x). low

Technical Shares trade 99.91% below the 52-week high and 15.9% above the 52-week low, remaining below the 200-day MA of 7.4.

Peers on Argus

FTEL was down 6.75% while peers showed mixed moves: BQ +0.84%, TKLF −0.78%, PTLE...

1 Up 1 Down

FTEL was down 6.75% while peers showed mixed moves: BQ +0.84%, TKLF −0.78%, PTLE +0.71%, NAAS +12.26%, BGFV 0%. Momentum scanner also flagged one peer up and one down, reinforcing a stock-specific move.

Historical Context

5 past events · Latest: Dec 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	Dividend & loyalty	Positive	-0.8%	Announced $0.10 interim dividend and up to $0.15 loyalty payments.
Dec 01	Share repurchase	Positive	+41.2%	Authorized up to $3.0M share repurchase over 24 months.
Nov 17	FY2025 earnings	Positive	-7.9%	Reported revenue growth, margin expansion, and sharply lower net loss.
Nov 06	Convertible financing	Positive	-32.0%	Announced $50M Series C convertible note for robotics and treasury.
Oct 16	Nasdaq compliance	Positive	+3.2%	Regained compliance with Nasdaq minimum $1.00 bid price rule.

Pattern Detected

Recent shareholder-friendly actions (buyback, dividend, loyalty program) produced mixed reactions, with strong upside on the buyback but negative or muted moves on other positive news.

Recent Company History

Over the last few months, FTEL reported FY2025 results with revenue of $5.20M, improved gross margin and sharply reduced operating expenses, alongside cash of $2.89M and new financing facilities. It then entered a $50M convertible stablecoin-linked financing to fund 2F Robotics and treasury diversification, and later regained Nasdaq bid-price compliance. In late November and early December, the company layered on a $3.0M buyback and this interim dividend plus loyalty program, underscoring a focus on capital return and balance sheet signaling.

Market Pulse Summary

This announcement outlines a capital return package combining a $0.10 per share interim dividend wit...

Analysis

This announcement outlines a capital return package combining a $0.10 per share interim dividend with a one-time loyalty program offering up to $0.15 per share over 90 days for shareholders who move into book-entry form. It follows FY2025 results and recent financing steps, signaling confidence in the balance sheet. Investors may focus on actual take-up of the loyalty program, ongoing cash generation, and how these distributions interact with prior convertible note and buyback authorizations.

Key Terms

interim dividend, shareholder loyalty program, book-entry, dtc dwac, +3 more

7 terms

interim dividend financial

"The Board has declared an interim dividend of $0.10 per share"

An interim dividend is a cash payment a company declares and often pays before its annual results are finalized, similar to a mid‑year bonus paid from current profits. It matters to investors because it delivers immediate income, signals the company’s short‑term cash strength and confidence in ongoing earnings, and can influence share price and investor expectations about future payouts.

shareholder loyalty program financial

"one-time shareholder loyalty payment of up to $0.15 per share under its newly approved Shareholder Loyalty Program"

A shareholder loyalty program is a company-run scheme that rewards people who hold its stock for a set period, similar to a store loyalty card that offers perks for repeat customers. Rewards can include extra voting influence, special dividends or cash bonuses, discounts on products, or access to exclusive offers, and they matter to investors because they can increase the financial returns and influence of long-term holders and reduce stock turnover.

book-entry financial

"transfer their shares into book-entry form with the Company’s transfer agent"

A book-entry is an electronic record that shows who legally owns a share, bond or other security instead of a paper certificate. Think of it like a bank ledger entry that tracks ownership and transfers; it makes buying, selling, dividend payments and ownership checks faster, cheaper and less risky for investors because nothing physical needs to be moved or stored.

dtc dwac financial

"request their broker to transfer their shares via DTC DWAC (Deposit/Withdrawal At Custodian)"

DTC DWAC refers to two electronic methods for moving stock ownership: DTC (Depository Trust Company) moves shares between brokers inside a centralized clearing system, while DWAC (Deposit/Withdrawal at Custodian) moves shares between a broker and a company’s transfer agent for direct registration or custody changes. Investors care because these methods speed up transfers, reduce paperwork and settlement risk, and can affect how quickly you can trade, sell, or receive shares in your account—think of it like choosing between overnight courier and direct bank transfer for moving money.

drs transfer financial

"transferred back to the shareholders’ respective brokers via DRS transfer"

A DRS transfer moves stock ownership from a brokerage account into the issuer's official shareholder records using the Direct Registration System, so your name appears on the company's books instead of a broker’s nominee. Think of it like switching from renting a mailbox to getting your name on the deed: it gives you direct control and clearer proof of ownership, can reduce counterparty risk, affect how you receive dividends and proxy votes, and sometimes change fees or ease of selling.

transfer agent financial

"to the Company’s transfer agent, Vstock Transfer, where they can be held"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

form 6-k regulatory

"The Company is furnishing a Form 6-K to the SEC concurrently"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

AI-generated analysis. Not financial advice.

Taren Point, Australia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Fitell Corporation (NASDAQ: FTEL) (“Fitell” or the “Company”) announced its board of directors (the “Boards”) of the Company has declared two initiatives – an interim dividend and a one-time shareholder loyalty program – both designed to return value to shareholders and enhance long-term investor alignment with the Company’s evolving growth strategy.

Interim Dividend

The Board has declared an interim dividend of $0.10 per share, payable in cash. The dividend is payable on January 13, 2026, to shareholders of record as of the close of business on December 30, 2025. The ex-dividend date will be December 29, 2025. The dividend reflects Fitell’s improved cash and digital asset position and the Board’s commitment to returning capital to shareholders while continuing to support the Company’s growth initiatives across fitness, corporate treasury management, and robotics.

Shareholder Loyalty Program

In additional to the interim dividend, the Board has declared a one-time shareholder loyalty payment of up to $0.15 per share under its newly approved Shareholder Loyalty Program (“Shareholder Loyalty Program”). Eligible shareholders who transfer their shares into book-entry form with the Company’s transfer agent on or prior to the loyalty program start and record date of December 29, 2025, will receive up to three (3) tranches of loyal payments if they maintain continuous ownership for 30 to 90 calendar days thereafter, payable in cash as following:

• Such eligible shareholders who maintain their book entry with the Company’s transfer agent for first 30 calendar days of the loyalty period will receive $0.05 in cash, payable as soon as practical after expiration of such 30-day period;
• Such eligible shareholders who maintain their book entry with the Company’s transfer agent for first 60 calendar days of the loyalty period will receive an additional $0.05 in cash, payable as soon as practical after expiration of such 60-day period; and
• Such eligible shareholders who maintain their book entry with the Company’s transfer agent for full 90 calendar days of the loyalty period will receive an additional $0.05 in cash, payable as soon as practical after expiration of such 90-day period.
  
  

The enrollment and election period will be running from December 29, 2025 to March 28, 2026 (both dates inclusive), and the loyalty payment expected to be distributed on or about the 15^th day after the expiration of each 30-day tranche. Insiders, including officers, directors, and employees of the Company, are not eligible to participate in the Shareholder Loyalty Program.

Shareholders should consult their tax advisors regarding the tax implications of receiving this distribution and the loyalty payment.

Management Commentary

“Our Interim Dividend and Shareholder Loyalty Program reflect our continued confidence in our balance sheet position and operational outlook, following FY2025 financial results,” said Sam Lu, Chief Executive Officer of Fitell. “We believe now is an appropriate time to return value to our shareholders and reinforce the long-term value we are building across corporate treasury management, our fitness operations, and newly unveiled robotics join-venture, 2F Robotics.”

The Company is furnishing a Form 6-K to the SEC concurrently with the press release.

How to Transfer Shares into Record Name and Participate in the Shareholder Loyalty Program

Shareholders who choose to move their shares to book entry by the Shareholder Loyalty Program record date of December 29, 2025 and qualify for any loyalty bonus must request their broker to transfer their shares via DTC DWAC (Deposit/Withdrawal At Custodian) to the Company’s transfer agent, Vstock Transfer, where they can be held in safekeeping by Vstock Transfer in book entry under the name of the shareholder. Brokers should process such requests as withdrawals via the DTC DWAC system. Shareholders will also need their brokers to provide Vstock Transfer with the applicable DWAC withdrawal form along with payment of $125 for processing fees.

Interested shareholders should instruct their broker to transfer their shares under their name to Vstock Transfer via the DTC DWAC system as follows:

Company Name: Fitell Corporation
Vstock DTC DWAC withdrawal number: 50236
Website: https://www.vstocktransfer.com/
Webpage on DRS: https://www.vstocktransfer.com/dwac-transfer
Contact details: https://www.vstocktransfer.com/contact

Whilst in book entry, shareholders’ shares cannot be lent out to third parties without the shareholder’s consent. The shares can also be transferred back to the shareholders’ respective brokers via DRS transfer, with the process both ways being simple and fast. However, shares must be kept in book entry from the Shareholder Loyalty Program record date to the end of the applicable tranche-end date in order to qualify for the loyalty payment applicable to such tranche.

About Fitell Corporation

Fitell Corporation, through GD Wellness Pty Ltd (“GD”), its wholly owned subsidiary, is an online retailer of gym and fitness equipment both under its proprietary brands and other brand names in Australia. The company’s mission is to build an ecosystem with a whole fitness and wellness experience powered by technology to our customers. GD has served over 100,000 customers with large portions of sales from repeat customers over the years. The Company’s brand portfolio can be categorized into three proprietary brands under its Gym Direct brand: Muscle Motion, Rapid Motion, and FleetX, in over 2,000 stock-keeping units (SKUs). For additional information, please visit the Company’s website at www.fitellcorp.com.

Forward-Looking Statements

Certain statements in this release, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result" and similar expressions. Forward-looking statements are based on current expectations and assumptions, and are subject to risks and uncertainties, regulatory issues, unanticipated issues on Nasdaq with respect to implementing the loyalty payment, as well as risks set forth in the Company’s filings with the Securities and Exchange Commission (the “Commission”) including its Form 20-F for the year ended June 30, 2025 which was filed on November 14, 2025 and Form 6-K reports filed in connection with our earnings result and other filings with the Commission. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise, except to the extent required by law. We cannot guarantee that future results reflected in the forward-looking statements will occur.

For more information, please contact:

Chief Financial Officer
Edwin Tam
edwin@gymdirect.com.au

Investor Relations
ir@fitellcorp.com

FAQ

What is Fitell's interim dividend and payment date (FTEL)?

Fitell declared a $0.10 per share interim cash dividend payable on January 13, 2026 to holders of record December 30, 2025.

How does Fitell's Shareholder Loyalty Program (FTEL) work and how much can I receive?

Eligible shareholders who transfer shares to book entry by Dec 29, 2025 can receive up to $0.15 per share in three $0.05 cash tranches for 30/60/90-day continuous ownership.

What are the important dates for FTEL loyalty enrollment and tranche payments?

Enrollment runs Dec 29, 2025–Mar 28, 2026; each tranche payment is expected about 15 days after the 30/60/90-day tranche expirations.

How do I transfer FTEL shares to participate and what fees apply?

Request your broker to DWAC shares to Vstock Transfer (DWAC number 50236); a $125 processing fee applies per transfer.

Are insiders eligible for Fitell's loyalty payments (FTEL)?

No; officers, directors and employees are explicitly not eligible to participate in the Shareholder Loyalty Program.