Fitness Champs attributes wider first-half net loss to higher legal and professional fees
FCHL•Fitness Champs reported a net loss of approximately S$3.38 million for the six months ended June 30, 2026, citing higher legal and professional fees, including a S$2.18 million referral fee. Revenue fell 5.4% to approximately S$2.05 million, and operating cash outflow widened to S$3.97 million from S$254,000 a year earlier.
1. First-half results
Fitness Champs reported a net loss of approximately S$3.38 million for the six months ended June 30, 2026. Higher legal and professional fees drove the loss, including a S$2.18 million referral fee tied to business development initiatives. Revenue fell 5.4% to approximately S$2.05 million, primarily reflecting lower swimming enrollment, while operating cash outflow widened to S$3.97 million from S$254,000 a year earlier.
