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International Business Times UK
International Business Times UK
Stephanie Cruz

Fitness Founder Sold Company For $400 Million — Now She Warns Founders Not To Repeat Her Mistake

From $30 sessions to reclaiming her empire—Kayla Itsines is now the sole owner of Sweat, showing that betting on yourself pays off. (Credit: YT/ Grace Beverley)

Kayla Itsines sold her fitness platform Sweat for a reported £316 million ($400 million) in 2021. Four years on, she owns every share of the company again.

The Adelaide-born entrepreneur, 35, became Sweat's sole proprietor in March 2026. It was the final step in a process that began in late 2023, when Itsines and co-founder Tobi Pearce first bought the app back from US fitness equipment company iFIT Health & Fitness for an undisclosed sum. She has since acquired Pearce's remaining stake.

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