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An update from Felix Group Holdings Ltd. ( (AU:FLX) ) is now available.
Felix Group Holdings has announced a leadership transition, with long-serving Non-Executive Director and Chairman Michael Bushby to step down from the board on 2 February 2026, to be succeeded on the same date by technology industry veteran Dominic O’Hanlon as Non-Executive Director and Chairman. Bushby exits after overseeing a period of significant growth marked by strong financial discipline, the Nevia acquisition and a recent capital raise, while the board is banking on O’Hanlon’s three decades of experience in high-growth technology and listed-company governance, including senior roles at Rhipe, MYOB and Oracle, to drive Felix’s next stage of expansion as it integrates Nexvia, accelerates growth and seeks to capitalise on a sizeable vendor monetisation opportunity.
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 Australian technology company that operates a cloud-based enterprise SaaS procurement management platform and vendor marketplace. Its software connects contractors and third-party vendors by digitising, automating and streamlining procurement-related business processes, with a focus on reducing supply chain risk and improving transparency and governance for enterprise customers.
Average Trading Volume: 195,555
Technical Sentiment Signal: Sell
Current Market Cap: A$47.76M
Learn more about FLX stock on TipRanks’ Stock Analysis page.