Felix Group Secures Landmark International Contract Expansion with DRA Projects

The latest announcement is out from Felix Group Holdings Ltd. ( (AU:FLX) ).

Felix Group Holdings Ltd has announced a significant international contract renewal and expansion with DRA Projects, marking its first such agreement outside the Asia-Pacific region. The three-year contract will see Felix’s platform deployed across DRA’s operations in Europe, the Middle East, and Africa, doubling user accounts and validating Felix’s capital-light expansion strategy. This milestone underscores Felix’s robust product offering and international compliance standards, enhancing its market presence and vendor base globally.

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. It connects contractors and third-party vendors by digitising, automating, and streamlining critical procurement-related business processes to reduce supply chain risk and improve transparency and governance.

YTD Price Performance: -17.39%

Average Trading Volume: 46,315

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$38.85M

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