Fitness Champs Holdings Ltd.

General Information
Business:

(Incorporated in the Cayman Islands)

We believe we are a leading sports education provider in Singapore based on the following: (i) in 2023, we were the largest service provider of the SwimSafer Program based on the number of assessment bookings, accounting for approximately 30% of market share; and (ii) we are one of the few swim education providers in Singapore that provides both services to students under training programs funded by the Singapore Government and provision of customized private swimming training services. 

We offer general swimming lessons to children and adults, with ladies-only swimming lessons available, as well as aquatic sports classes such as water polo, competitive swimming and lifesaving. We believe in imparting the correct swim stroke techniques and skills to all of our students so that they can learn to swim within the shortest time span in a variety of strokes, ranging from freestyle, breaststroke, butterfly, survival backstroke and side kick. We are one of the largest providers of swimming lessons to children enrolled in public schools under the MOE (Ministry of Education) in Singapore through the SwimSafer program. We have been offering private swimming lessons to children, youth and adults under our brand “Fitness Champs” since 2012. We aim to make swimming an enjoyable and affordable sport for children and adults, for water safety and as a way of keeping fit and healthy.

Note: Net income and revenue are for the 12 months that ended June 30, 2024.

(Note: Fitness Champs Holdings Limited filed its F-1 on Sept. 9, 2024, and disclosed the terms for its IPO – 2.0 million shares at a price range of $4.00 to $5.00 to raise $9.0 million.)

Industry: SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS
Employees: 238
Founded: 2012
Contact Information
Address 7030 Ang Mo Kio Avenue 5, #04-48 NorthStar@AMK Singapore 569880
Phone Number +65 9005 5495
Web Address https://www.fitnesschamps.sg/
View Prospectus: Fitness Champs Holdings Ltd.
Financial Information
Market Cap $74.25mil
Revenues $3.35 mil (last 12 months)
Net Income $0.46 mil (last 12 months)
IPO Profile
Symbol FCHL
Exchange NASDAQ
Shares (millions): 2.0
Price range $4.00 - $5.00
Est. $ Volume $9.0 mil
Manager / Joint Managers Bancroft Capital LLC
CO-Managers
Expected To Trade: 12/23/2024
Day: Week of
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change