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Recent Updates — FCHL

August 27, 2026View Source ↗

Fitness Champs Holdings Limited reported unaudited financial results for the six months ended June 30, 2026. Revenues decreased 5.4% to S$2.05 million (US$1.58 million), driven by a 5.6% decline in swim fees due to lower enrollment levels. The company incurred a net loss of S$3.39 million (US$2.62 million) compared to a S$0.25 million loss in the prior-year period, primarily attributable to a S$2.18 million referral fee included in general and administrative expenses and increased marketing costs for its Dubai subsidiary operations commenced in January 2026. Gross profit margin contracted to 21.8% from 28.9%. The company raised approximately S$5.38 million through the issuance of share capital, which helped increase cash and cash equivalents to S$3.13 million by period-end. Fitness Champs Holdings Limited operates in the sports education industry, providing swimming lessons and related services.

June 29, 2026View Source ↗

Fitness Champs Holdings Limited shareholders approved a significant increase in authorized share capital from US$500,000 to US$23,000,000 during an extraordinary general meeting on June 29, 2026. The resolutions also granted the Board of Directors discretion to implement one or more share consolidations within one year, with a ratio ranging from 2:1 to 500:1. The company also adopted amended and restated memorandum and articles of association to reflect these changes. Fitness Champs Holdings Limited is a fitness and wellness company.