Fitness Champs Holdings to Hold Extraordinary General Meeting
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
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Should l Buy FCHL?
Source: Newsfilter
- EGM Announcement: Fitness Champs Holdings will hold an Extraordinary General Meeting on March 20, 2026, at 10 a.m. Singapore Time, allowing all ordinary shareholders registered by February 24, 2026, to participate in voting, thereby ensuring shareholder engagement in the company's future decisions.
- Notice Publication: The company has published the Notice of the EGM, Proxy Statement, and Proxy Card on its website and the SEC's site, aiming to enhance transparency and ensure shareholders are well-informed about the meeting agenda and proposed resolutions.
- Educational Service Background: Fitness Champs Holdings is a prominent aquatic sports education provider in Singapore, offering swimming lessons since 2012 and serving as a major supplier for public school swimming programs through the SwimSafer initiative, highlighting its significant role in the education sector.
- Future Development Plans: The company plans to diversify its sports education offerings by expanding beyond swimming to include other sports like pickleball, aiming to broaden its business scope and meet wider market demands.
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About FCHL
Fitness Champs Holdings Limited is a sports education provider in Singapore specializing in the provision of swimming programs to students. The Company's operations include school-based swimming lessons, private swimming lessons and aquatic sports, and merchandise. It is engaged in operating the SwimSafer program that instills water safety awareness and equips students in public schools with essential swimming and survival skills. It offers comprehensive swimming lessons to a diverse demographic, ranging from children as young as four years old to youths and adults. It offers a range of merchandise and apparel, from swimming goggles, swim caps, and swimsuits to various flotation devices. It provides general swimming lessons for children and adults, with ladies-only swimming lessons available, as well as aquatic sports classes, such as water polo, competitive swimming, and lifesaving. The Company also offers aquatic sports classes to children, youths and adults at public swimming pools.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- EGM Announcement: Fitness Champs Holdings will hold an Extraordinary General Meeting on March 20, 2026, at 10 a.m. Singapore Time, allowing all ordinary shareholders registered by February 24, 2026, to participate in voting, thereby ensuring shareholder engagement in the company's future decisions.
- Notice Publication: The company has published the Notice of the EGM, Proxy Statement, and Proxy Card on its website and the SEC's site, aiming to enhance transparency and ensure shareholders are well-informed about the meeting agenda and proposed resolutions.
- Educational Service Background: Fitness Champs Holdings is a prominent aquatic sports education provider in Singapore, offering swimming lessons since 2012 and serving as a major supplier for public school swimming programs through the SwimSafer initiative, highlighting its significant role in the education sector.
- Future Development Plans: The company plans to diversify its sports education offerings by expanding beyond swimming to include other sports like pickleball, aiming to broaden its business scope and meet wider market demands.
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- Shareholder Meeting Arrangement: Fitness Champs Holdings will hold an Extraordinary General Meeting on January 23, 2026, at Ang Mo Kio, Singapore, aimed at discussing and voting on key resolutions to ensure transparency in governance and shareholder engagement.
- Voting Eligibility: Ordinary shareholders registered by December 30, 2025, will be entitled to vote, ensuring the legitimacy of company decisions and safeguarding shareholder rights, which will further enhance investor confidence.
- Information Disclosure: The company has published the EGM notice, proxy statement, and proxy card on its website and the SEC's site, ensuring all shareholders can access relevant information in a timely manner, promoting transparency.
- Business Expansion Plans: Fitness Champs plans to diversify its sports education services by adding other sports like pickleball, aiming to enhance market competitiveness and meet the growing consumer demand.
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- Shareholder Meeting Arrangement: Fitness Champs Holdings will hold an Extraordinary General Meeting at 10 a.m. on January 23, 2026, in Singapore, allowing all ordinary shareholders registered by December 30, 2025, to participate in voting, thereby ensuring shareholder engagement in the company's future decisions.
- Resolution Disclosure: The meeting notice will include the proposed resolutions and proxy statements for shareholder voting, aimed at enhancing transparency and building trust in corporate governance among shareholders.
- Company Background: Fitness Champs Holdings is a distinguished aquatic sports education provider in Singapore, offering swimming lessons since 2012 to children and adults, focusing on promoting water safety awareness and healthy living.
- Future Development Plans: The company plans to diversify its sports education offerings by expanding into other sports such as pickleball, aiming to attract a broader customer base and achieve sustainable growth.
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- Revenue Performance: For the first half of 2025, Fitness Champs reported revenues of S$2.16 million (US$1.64 million), a 2.9% decline from S$2.23 million in the same period last year, primarily due to decreased swim fees reflecting lower enrollment levels, which impacts overall revenue stability.
- Gross Profit Decline: The company achieved a gross profit of S$0.62 million (US$0.47 million) with a gross profit margin of 28.86%, down from 34.86% year-over-year, indicating pressure on profitability due to rising costs, particularly in coach compensation.
- Increased Operating Expenses: Total operating expenses rose to S$0.97 million (US$0.73 million) from S$0.60 million last year, with selling and distribution expenses surging to S$0.21 million, largely to support the upcoming Dubai expansion, demonstrating the company's proactive investment in market promotion.
- Net Loss Situation: The net loss for the first half of 2025 was S$0.25 million (US$0.19 million), compared to a net income of S$0.18 million in the same period last year, reflecting challenges in expansion and cost management, although management remains optimistic about long-term growth prospects.
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- Revenue Performance: For the first half of 2025, Fitness Champs reported revenues of S$2.16 million (US$1.64 million), a 2.9% decline from S$2.23 million in the same period last year, primarily due to decreased swim fees reflecting lower enrollment levels, which impacts overall revenue stability.
- Gross Margin Decline: Gross profit was S$0.62 million (US$0.47 million) with a gross margin of 28.86%, down from 34.86% year-over-year, indicating challenges in profitability amid rising costs.
- Increased Operating Expenses: Total operating expenses rose to S$0.97 million (US$0.73 million), a 61.7% increase from the previous year, with selling and distribution expenses surging to S$0.21 million (US$0.16 million) primarily to support the upcoming Dubai expansion, highlighting the company's commitment to strategic investments.
- Net Loss Situation: The company reported a net loss of S$0.25 million (US$0.19 million), contrasting sharply with a net income of S$0.18 million in the same period last year, reflecting financial challenges due to declining revenues and rising operating costs.
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