Felix Group Boosts ARR 47% as Nexvia Acquisition and New Contracts Drive Growth

An update from Felix Group Holdings Ltd. ( (AU:FLX) ) is now available.

Felix Group Holdings reported total group annualised recurring revenue of $12.2 million for the second quarter of FY26, up 47% year-on-year, driven by 11% growth in enterprise ARR to $7.1 million and the contribution from recently acquired Nexvia, which posted record ARR of $3.4 million, up 13%. Integration of Nexvia is progressing with early revenue synergies, while Felix’s Vendor Marketplace expanded to 126,000 vendors despite ARR from that segment declining 11% to $1.7 million; new contracts with an international construction contractor and Australia’s Pacific Energy, plus an expansion with rail group Martinus, underscore Felix’s international growth push and support its vendor monetisation strategy, backed by $7.2 million in cash and ongoing investment in AI-driven features to improve RFQ efficiency.

The most recent analyst rating on (AU:FLX) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Felix Group Holdings Ltd. stock, see the AU:FLX Stock Forecast page.

More about Felix Group Holdings Ltd.

Felix Group Holdings Ltd is an ASX-listed Australian software company that provides an enterprise procurement and vendor management platform, including vendor marketplaces, sourcing and contracts modules, primarily serving construction, infrastructure, resources and related sectors. Through its acquisition of project management software provider Nexvia, Felix is broadening its offering and pursuing a capital‑light international expansion strategy, targeting large global contractors and an expanding base of vendors it aims to transition onto the Nexvia platform.

Average Trading Volume: 180,240

Technical Sentiment Signal: Sell

Current Market Cap: A$43.28M

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