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An update from Felix Group Holdings Ltd. ( (AU:FLX) ) is now available.
Felix Group Holdings Ltd has signed a 3-year agreement with PCL Construction’s Solar Division, extending its key licence modules to PCL Solar’s Australian and North American offices. This agreement marks a significant step in Felix’s capital-light international expansion strategy, allowing the company to standardize processes and leverage global insights across PCL Solar’s operations in Australia, Canada, and the United States. The deal underscores Felix’s growing demand in North America and positions the company for potential additional work orders from other PCL Construction divisions.
More about Felix Group Holdings Ltd.
Felix Group Holdings Ltd operates a cloud-based enterprise Software as a Service (SaaS) procurement management platform and vendor marketplace. The company connects contractors and third-party vendors by digitizing, automating, and streamlining procurement-related business processes, which helps reduce supply chain risk and improve transparency and governance.
YTD Price Performance: -13.04%
Average Trading Volume: 65,952
Technical Sentiment Signal: Hold
Current Market Cap: A$40.9M
For an in-depth examination of FLX stock, go to TipRanks’ Stock Analysis page.
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