Fitbug expected to reduce loss as it continues turnaround
19th Jan 2017 16:20
(ShareCast News) - Corporate digital wellness technology provider Fitbug Holdings issued a trading update for the year to 31 December on Thursday, saying revenue for the year is expected to be slightly behind that for the corresponding period last year. The AIM-traded company said the mix of revenue
Read moreFitbug hires Olympic hurdler to run workplace fitness programme
13th Dec 2016 08:59
(ShareCast News) - Fitbug holdings, an AIM quoted provider of digital wellness for corporate organisations, has brought in Olympic gold medallist Sally Gunnell to help promote and expand its offering in the UK. The former hurdler has drawn on her career and her team of experts to design a bespoke
Read moreFitbug interims healthier after focus swtiches to 'corporate wellness'
21st Sep 2016 12:29
(ShareCast News) - Fitbug reported a fall in first-half sales but said a strategy to focus on 'corporate wellness' rather than the retail sector had resulted in a near-halving of losses. Group sales fell by just over a quarter to £0.73m, though business-to-business (B2B) sales rose 52% on a like-for
Read moreStudy suggests fitness trackers not useful for weight-loss
21st Sep 2016 09:46
(ShareCast News) - Fitness tracking devices from the likes of Fitbit, Fitbug and Cloudtag may not actually provide any health benefits, according to new research from the US. A two-year study by the University of Pittsburgh took into account evidence from 470 overweight people between 18 and 35 and
Read moreFitbug outlines fundraising and debt reduction plan
29th Jun 2016 15:00
(ShareCast News) - Digital wellness technology developer Fitbug Holdings announced on Wednesday a proposed equity fundraising of around £2.61m before expenses. The AIM-traded company said the fundraising comprises a placing of 340,800,000 placing shares at 0.15p per share with institutional and othe
Read moreFitbug shares dive as it widens FY loss, mulls fund-raising
13th Jun 2016 15:37
(ShareCast News) - Shares in online personal health and wellbeing services provider Fitbug have fallen almost a quarter after it booked an impairment-dented set of full year results and mulled a potential fund-raise. Impairment of stock totalled £0.74m, from £48,000, with write-off of software devel
Read moreFitbug chairman Fergus Kee steps down
4th Sep 2015 14:57
(ShareCast News) - Fitbug's chairman, Fergus Kee, has decided to step down from the board after four years. The company, which provides online personal health and wellbeing services, said the current non-executive directors Allan Fisher, former chairman of the company, and David Turner, former CEO,
Read moreFitbug promotes product manager to chief executive
27th Aug 2015 12:45
(ShareCast News) - AIM listed Fitbug has appointed Anna Gudmundson as chief executive officer. Gudmundson, who ran her own consultancy, was interim product director at the fitness tracker firm since February 2015. In a release, Fitbug said Gudmundson had more than 10 years of management experience
Read moreFitbug shares slump as it secures £1.67m in new funding
10th Aug 2015 09:31
(ShareCast News) - Shares in Fitbug Holdings fell sharply on Monday after the company said it has raised a total of £1.67m through a placing, share subscription and the issue of a convertible loan note. The company, which provides online personal health and wellbeing services, also said it has restr
Read moreFitbug set to launch new health product
5th May 2015 08:40
Technology group Fitbug Holdings has reached a deal with US services group Towers Watson & Co and Australian company HealthLogix to develop an online health management product. The product, called HealthVantage, will initially be available to Towers Watson's clients in Asia-Pacific, the London-liste
Read moreFitbug's sales in shape, but product investment weighs on full year results
13th Feb 2015 11:18
Camden-based Fitbug expects full year losses in line with forecasts, despite a second half sales surge on its wearable gadgets. Although sales were almost five times higher than in its first half, the company's increased investment in product development is estimated to result in a loss of £3.6m in
Read moreFitbug leaps as Kiqplan joins Jawbone marketplace
29th Jan 2015 11:05
Shares in AIM-listed Fitbug soared on news its 'Slim + Trim Kiqplan' digital weight-loss programme had been chosen for the launch of a new marketplace launched by Jawbone, the rising star of wearable fitness devices. Fitbug said being featured on the Jawbone Marketplace, "represents a strong milesto
Read moreFitbug wins contracts with Amazon and US retailers
19th Dec 2014 08:11
Health monitoring gadget supplier Fitbug Holdings has won more contracts with major retailers. Fitbug, whose shares soared when it won a contract with supermarket group Sainbury's earlier this year, said it had secured retail and marketing deals with Amazon and US retailers Best Buy.com and Target.
Read moreQuindell directors snap up £2m of shares
5th Nov 2014 14:26
Quindell founder and chairman Robert Terry revealed his confidence in the outsourcing company's future as he and two other directors collectively bought almost £2m worth of shares. Terry, who already owned more than 10% of AIM-listed Quindell, bought exactly 1m shares at an average price of 123.47p,
Read moreFitbug jumps on wearable sales news
29th May 2014 14:15
Wearable fitness products group Fitbug saw losses increase last year but impressed with sales for the new financial year that were already 60% higher than the whole of 2013. A loss before tax of £2.6m reflected significant investment in new product development and innovation and the strategic decis
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