Fitell Corp (FTEL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: November 14, 2025

Risk Assessment Details

Potential Dilution: 43.77% of current shares
Recent Dilution: 4.46% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
21M
Potential Supply
9.2M
Additional shares possible
Splits
None
Past 2 years

Summary

FTEL currently has 21M outstanding shares. with moderate dilution risk from 9.2M authorized shares representing 43.8% potential dilution. The company has minimally diluted shareholders by 4.46% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Nov 14, 2025

20-F filing | 21.0M shares outstanding

21M 9.2M
Jan 10, 2025

F-3 filing: Fitell Corporation may offer and sell up to $150,000,000 of ordinary shares, debt securities, warrants, rights, and units, or any combination thereof.

20M 9.2M
Nov 15, 2024

20-F filing | 20.1M shares outstanding

20M 9.2M
Feb 21, 2024

F-1 filing: The company is offering Ordinary Shares for the expansion of its online retail of gym and fitness equipment business, the development of its smart connected equipment, interactive platform and mobile application, the expansion of its licensing and fitness studio business, business development opportunities, and working capital and other general corporate purposes.

15M 9.2M
Oct 30, 2023

20-F filing | 7.7M shares outstanding

7.7M 0
Oct 07, 2022

F-1 filing: This F-1 filing outlines the proposed initial public offering of Ordinary Shares by Fitell Corporation, a Cayman Islands company, with the intention to use the proceeds for expansion of online retail, development of smart equipment, licensing business, and general corporate purposes.

7M 0
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