Mike Melby

Mike Melby has experience as an entrepreneur and investor. He has demonstrated success investing in the global fitness industry and building one of the gym chains in the world. After several years as an investment banker and private equity investor, followed by founding and exiting two technology companies (PayDivvy - acquired by Higher One / NYSE:ONE in 2013; TapIt - acquired by VC-backed Phunware in 2012), Mr Melby joined NeV to acquire and operate health club brands around the world. Mr Melby's role evolved into a top executive position at UFC Gym (JV between UFC and NeV) working alongside the chief executive where he held various roles including overseeing finance and digital strategy, but focused the majority of his time leading business development and international growth, supporting the transformation of UFC Gym into a global franchise with clubs across the US, Mexico, Middle East, Australia, Southeast Asia and South America. Mr Melby subsequently expanded his investment portfolio into the fitness technology sector by acquiring fitness app Fitocracy, ultimately leading to his co-founding of FITLAB with his business partner Brian Kirkbride.
Bio last updated 04 Nov 2017

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Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
65thMejority Capital77%-5%
147thProteomics International Laboratories33%0%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar


Non-Executive Director
Year started and most recent title


129th↓Proteomics International Laboratories$2.1m
132nd↓Mejority Capital$2.1m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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