Fitness Champs Holdings Ltd (FCHL) Form 6-K — Aug 27, 2026
Fitness Champs Holdings (FCHL) reported a net loss of approximately S$3.38 million for the six months ended June 30, 2026, versus roughly S$0.25 million a year earlier, on revenue that slipped 5.4% to about S$2.05 million. The results were furnished on Form 6-K as unaudited interim condensed financial statements. The loss surge was driven mainly by general and administrative expenses jumping 370.6% to S$3.59 million, including a roughly S$2.18 million referral fee for vaguely described business development initiatives. Government-sector SwimSafer revenue fell 24.4% while costs from the January 2026 Dubai launch added pressure, compressing gross margin to 21.8% from 28.9%.
Key figures
- Eps
- S$(3.66) basic and diluted
- Revenue
- S$2.045 million (US$1.58 million) for six months ended June 30, 2026
- Net Income
- -S$3.385 million (net loss; US$-2.615 million)
- Total Debt
- S$392,000 (bank borrowings incl. property loan)
- Revenue Yoy
- -5.4%
- Total Assets
- S$3.99 million
- Cash Position
- S$3.13 million (US$2.419 million) at June 30, 2026
- Ebitda Loss
- S$3.43 million vs S$0.19 million prior year
- Ga Expenses
- S$3.586 million, up 370.6% YoY
- Gross Margin
- 21.8% vs 28.9% prior year
- Gross Profit
- S$0.446 million (down 28.5% YoY)
- Referral Fee
- S$2.18 million (in legal and professional fees)
- Reverse Split1
- 15-for-1 effected February 12, 2026
- Reverse Split2
- 30-for-1 effected May 4, 2026
- Property Loan Rate
- 1.45% as of June 30, 2026 (revised from 3.75%)
- Warrant Shares Issued
- 808,334 Class A shares (non-cash exercise)
- Operating Cash Outflow
- S$3.97 million vs S$0.25 million prior year
- Private Revenue Change
- +10.1%
- Share Issuance Proceeds
- S$5.377 million
- Authorized Share Capital
- US$23,000,000 after June 29, 2026 increase (10,177,777,777.78 Class A shares)
- Government Revenue Change
- -24.4%
AI analysis
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