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Felix Group Holdings Ltd.
(Sydney:FLX)
Felix Group Holdings Ltd. (FLX) vs. iShares MSCI Australia ETF (EWA)
Felix Group Holdings Ltd. Business Overview & Revenue Model
Felix Group Holdings Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.62M | 8.32M | 7.00M | 5.10M | 3.92M | 3.60M |
| Gross Profit | -472.67K | 8.32M | -1.01M | -3.88M | -4.90M | -2.76M |
| EBITDA | -4.93M | -3.88M | -4.53M | -5.95M | -6.80M | -8.05M |
| Net Income | -4.66M | -4.73M | -5.10M | -6.12M | -7.55M | -10.78M |
Balance Sheet | ||||||
| Total Assets | 4.86M | 5.07M | 6.06M | 5.92M | 11.14M | 10.64M |
| Cash, Cash Equivalents and Short-Term Investments | 2.34M | 2.05M | 2.11M | 2.77M | 8.88M | 8.93M |
| Total Debt | 39.12K | 13.36K | 63.15K | 106.37K | 0.00 | 155.00K |
| Total Liabilities | 7.39M | 9.33M | 6.54M | 4.86M | 4.11M | 3.30M |
| Stockholders Equity | -2.53M | -4.26M | -486.58K | 1.05M | 7.03M | 7.34M |
Cash Flow | ||||||
| Free Cash Flow | -1.52M | -22.34K | -4.10M | -6.11M | -6.66M | -3.02M |
| Operating Cash Flow | -1.50M | 416.72K | -3.25M | -5.38M | -6.13M | -2.79M |
| Investing Cash Flow | 6.09M | -39.06K | -1.25M | 3.26M | -4.53M | -232.00K |
| Financing Cash Flow | -169.96K | -49.79K | 3.45M | 0.00 | 6.61M | 10.98M |
Felix Group Holdings Ltd. Technical Analysis
Felix Group Holdings Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
45 Neutral | AU$20.17M | -2.56 | ― | ― | -5.80% | 54.70% | |
44 Neutral | AU$35.21M | -16.00 | ― | ― | 7.32% | 67.11% | |
42 Neutral | AU$6.07M | -8.00 | -29.77% | ― | 36.72% | 20.00% | |
41 Neutral | AU$32.51M | -1.99 | -259.27% | ― | 82.46% | 58.45% | |
41 Neutral | AU$58.21M | -8.41 | ― | ― | 21.82% | 6.83% | |
34 Underperform | AU$5.39M | ― | -122.65% | ― | ― | 28.93% |
Felix Group Holdings Ltd. Corporate Events
Felix Group Holdings Ltd announced the resignation of its Co-Founder and CEO, Mike Davis, effective from the Annual General Meeting on 12 November 2025. Davis, who has been pivotal in transforming Felix from an online marketplace for subcontractors to a comprehensive enterprise platform, will remain as an advisor to ensure a smooth leadership transition. The Board has initiated a search for a new CEO to continue driving the company’s growth, with CFO James Frayne stepping in as Interim CEO. This leadership change aims to align with Felix’s strategic direction and growth opportunities, particularly focusing on a Brisbane-based leadership to support the next phase of expansion.
Felix Group Holdings Ltd has completed the acquisition of Nexvia, a strategic move aimed at accelerating its vendor monetisation strategy and expanding its market reach. This acquisition, along with new contracts in North America and Australia, has contributed to a 10% increase in Group ARR, reaching $8.8 million in Q1 FY26. The company is well-capitalised with $7.8 million in cash, positioning it strongly for organic growth initiatives.
Felix Group Holdings Limited has announced a change in the director’s interest notice involving Michael Peter Davis. The change involves the conversion of 151,301 performance rights into ordinary shares, valued at an estimated $33,286, following the satisfaction of FY25 performance hurdles. This adjustment increases Davis’s direct interest in ordinary shares to 4,457,959 and reduces his performance rights to 302,593, potentially impacting his influence and stake in the company.
Felix Group Holdings Ltd has announced the cessation of 4,554,871 performance rights due to the expiry of options or other convertible securities without exercise or conversion as of October 15, 2025. This cessation of securities may impact the company’s capital structure and could have implications for stakeholders, reflecting a potential shift in the company’s strategic financial management.
Felix Group Holdings Ltd has announced the quotation of 1,665,882 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code FLX. This move follows the exercise of options or conversion of other convertible securities, marking a significant step in the company’s capital market activities.
Felix Group Holdings Ltd has announced a change in its registered office and principal place of business to a new address in Brisbane, effective from October 13, 2025. This change is part of the company’s ongoing efforts to optimize its operations and may have implications for its business processes and stakeholder engagements.
Felix Group Holdings Ltd. has announced its upcoming Annual General Meeting (AGM) to be held virtually on November 12, 2025. Shareholders are encouraged to submit proxy forms and questions in advance to facilitate a smooth meeting process. The company is transitioning to electronic communications, urging shareholders to provide email addresses for receiving meeting documents and annual reports online, although hard copies can be requested if needed.
Felix Group Holdings Ltd has announced the details for its 2025 Annual General Meeting, which will be held both virtually and in person on November 12, 2025. This meeting will provide shareholders with the opportunity to listen, vote, and ask questions, reflecting the company’s commitment to transparency and stakeholder engagement.
Felix Group Holdings Limited has announced a change in the director’s interest, specifically concerning Robert William Phillpot. The change involves the acquisition of 454,545 ordinary shares and 324,675 unlisted options, with a total value of $100,000 for the ordinary shares and no consideration for the unlisted options. This adjustment in shareholding could impact the company’s governance and decision-making processes, reflecting the director’s increased stake in the company.
Felix Group Holdings Limited has announced a change in the director’s interest, specifically concerning George Rolleston. The change involves indirect interests in securities through entities such as Plant Investments Ltd and Asset Growth Fund Pty Ltd, as well as trusts where Rolleston is a beneficiary. This update reflects the company’s compliance with regulatory requirements and provides transparency regarding the director’s financial interests.
Felix Group Holdings Ltd has announced the issuance of 48,181,818 fully paid ordinary shares under tranche 2 of their share placement and 16,363,636 shares for the acquisition of Nexvia Pty Ltd. This strategic move, following shareholder approval, aims to enhance Felix’s market positioning by expanding its capabilities through the acquisition of Nexvia, potentially benefiting stakeholders by strengthening the company’s procurement management platform.
Felix Group Holdings Ltd has completed the acquisition of Nexvia Pty Ltd, acquiring 100% of its issued share capital. This strategic acquisition is aimed at accelerating Felix’s Vendor monetization strategy, with a focus on supporting Nexvia’s organic growth and integrating the platforms to unlock revenue potential.
Felix Group Holdings Ltd has announced the issuance of 9,600,000 unquoted securities as part of a previously announced transaction. These securities, classified as 2025 Acquisition Performance Rights, are not intended to be quoted on the ASX, indicating a strategic move to enhance its operational capabilities or fulfill acquisition-related objectives.
Felix Group Holdings Ltd has announced the issuance of 16,363,636 fully paid ordinary securities, which will be quoted on the ASX under the code FLX. This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s growth strategy.
Felix Group Holdings Ltd has announced the issuance of 51,948,052 unquoted equity securities as part of a transaction previously disclosed to the market. These securities are not intended to be quoted on the ASX, indicating a strategic move to raise capital or fulfill other corporate objectives without immediate public trading implications.
Felix Group Holdings Ltd announced the issuance of 5,905,254 unquoted securities as part of a previously disclosed transaction. These securities, classified under a new code, are part of a 2025 Placement – Broker Options and are not intended to be quoted on the ASX. This move could potentially impact the company’s capital structure and influence investor perceptions.
Felix Group Holdings Ltd has announced the quotation of 48,181,818 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code FLX, effective from October 8, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and offering stakeholders an opportunity to engage with the company’s securities.
Felix Group Holdings Ltd announced that all resolutions were passed at their General Meeting held on October 2, 2025. This outcome reflects strong shareholder support and is likely to positively impact the company’s operations by enabling it to proceed with strategic initiatives, potentially enhancing its market position and stakeholder confidence.
Felix Group Holdings Ltd. announced a change in the director’s interest, specifically for Director Joycelyn Cheryl Morton, who acquired an additional 142,857 ordinary shares through an on-market purchase. This acquisition increases her indirect interest in the company, indicating a potential strategic move to strengthen her influence and stake in Felix Group Holdings Ltd.
Felix Group Holdings Ltd. has announced a change in the director’s interest notice, specifically concerning Michael Bruce Bushby. The change involves the acquisition of 142,857 ordinary shares by Lowelly Pty Ltd., increasing its total to 1,217,857 shares. This adjustment reflects participation in a Share Purchase Plan (SPP), indicating strategic financial maneuvers within the company.
Felix Group Holdings Ltd has announced that its 2025 Annual General Meeting will be held on November 12, 2025. The company has also opened nominations for director positions, with a deadline of September 24, 2025. This meeting and the director nominations are significant for the company’s governance and strategic direction, potentially impacting its market positioning and stakeholder interests.
Felix Group Holdings Ltd has announced the application for quotation of 2,333,319 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code FLX. This move is part of a previously announced transaction, indicating a strategic step in enhancing the company’s financial operations and market presence.
Felix Group Holdings Ltd announced the successful completion of its share purchase plan (SPP), which raised A$490,000, following a A$16.0 million two-tranche institutional placement. The proceeds from these equity-raising efforts will partially fund the acquisition of Nexvia, support organic growth initiatives, and provide working capital. The SPP offered eligible shareholders the opportunity to purchase new shares at a discounted price, reflecting strong retail shareholder support. This financial maneuver is expected to enhance Felix’s enterprise platform and increase customer adoption both domestically and internationally.
Felix Group Holdings Ltd reminds shareholders of the closing date for its Share Purchase Plan (SPP) on 9 September 2025. The SPP follows a $16.0 million placement to institutional investors, offering eligible shareholders the chance to purchase shares at a discounted price, enhancing shareholder value and potentially strengthening the company’s financial position.
Felix Group Holdings Ltd has announced a General Meeting scheduled for October 2, 2025, in Melbourne. Shareholders are encouraged to submit proxy forms and questions in advance to facilitate efficient meeting preparation. The company is shifting towards electronic communications, urging shareholders to provide email addresses for receiving important documents, as hard copies will only be sent upon request.
Felix Group Holdings Ltd has issued 24,545,455 fully paid ordinary shares under the first tranche of a two-part share placement at an issue price of $0.22 per share. This move is part of a broader strategy to strengthen its capital position, with the second tranche expected to be issued following shareholder approval in October 2025. The issuance is conducted under section 708A(5)(e) of the Corporations Act, and the company has confirmed compliance with relevant legal provisions, indicating no undisclosed information affecting the company’s operations.
Felix Group Holdings Ltd has announced the quotation of 24,545,455 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code FLX. This move is part of a previously announced transaction, which could potentially impact the company’s market presence and offer new opportunities for stakeholders.
Felix Group Holdings Ltd has announced a Share Purchase Plan (SPP) Offer Booklet, which is available to investors in Australia and New Zealand. The SPP is designed to provide existing shareholders with the opportunity to purchase additional shares in the company. This move is part of Felix Group Holdings’ strategy to strengthen its capital base and enhance shareholder value. The offer is not available to investors in the United States or any other jurisdictions where such an offer would be illegal.
Felix Group Holdings Ltd announced a share purchase plan (SPP) to raise $1.0 million, offering eligible shareholders the opportunity to apply for up to $30,000 worth of fully-paid ordinary shares at $0.21 each. This initiative, in compliance with ASIC regulations, aims to enhance the company’s financial position and potentially strengthen its market presence by engaging shareholders in its growth strategy.
Felix Group Holdings Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting their commitment to transparency and accountability in management and oversight. This disclosure is part of their compliance with ASX listing rules, ensuring stakeholders are informed about governance practices.
Felix Group Holdings Ltd reported a 21% increase in total group revenue for FY25, reaching $8.6 million, driven by strong sales momentum in its enterprise procurement platform. The company achieved a 31% increase in enterprise revenue, with significant customer expansion and international contract wins. Operating costs were managed effectively, leading to improved EBITDA and positive net operating cash flows. The Vendor Marketplace scaled to approximately 113,000 vendors, highlighting its growing value and monetization potential. Felix also announced the strategic acquisition of Nexvia, enhancing its offerings in the construction-focused SME sector.
Felix Group Holdings Ltd has released its 2025 Corporate Governance Statement, detailing the governance policies and practices implemented during the financial year. The statement highlights updates to the Board and Subcommittee Charters and outlines the company’s alignment with the ASX Corporate Governance Principles. The company emphasizes its commitment to diversity, with specific gender diversity statistics provided, and ensures equal employment opportunities based on merit and performance.
Felix Group Holdings Ltd reported a 22% increase in sales revenues from continuing activities for the year ended 30 June 2025, though it still faced a comprehensive loss of $4.73 million, down 7% from the previous year. The company announced strategic moves including the acquisition of Nexvia Pty Ltd for $12.275 million and plans to raise $17 million through a two-tranche placement and a share purchase plan, indicating efforts to strengthen its market position and financial stability.
Felix Group Holdings Ltd has announced that it will release its FY25 audited accounts and Appendix 4E on 25 August 2025. The company will host a results briefing led by Co-Founder & CEO Mike Davis and CFO James Frayne, which will cover Felix’s FY25 audited results, growth strategy, and outlook. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction.
Felix Group Holdings Ltd has announced a proposed issue of securities, specifically broker options, with a maximum of 5,905,254 securities to be issued. The proposed issue date is set for October 7, 2025. This move indicates a strategic effort by the company to potentially raise capital or incentivize brokers, which could impact its market positioning and stakeholder interests.
Felix Group Holdings Ltd has announced a proposed issue of securities, including 9,600,000 acquisition performance rights and 16,363,636 ordinary fully paid shares. This move is aimed at raising capital through a placement or other type of issue, with the proposed issue date set for October 7, 2025. The announcement signifies Felix Group Holdings Ltd’s strategic effort to strengthen its financial position and enhance its market presence, potentially impacting stakeholders by increasing the company’s capital base and supporting future growth initiatives.
Felix Group Holdings Ltd has announced a proposed issue of securities, including 51,948,052 placement options and 48,181,818 fully paid ordinary shares, with a proposed issue date of October 7, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its market positioning and providing new opportunities for stakeholders.
Felix Group Holdings Ltd announced a proposed issue of 24,545,455 fully paid ordinary securities, with the issuance date set for August 27, 2025. This strategic move aims to enhance the company’s capital base, potentially impacting its market position and providing stakeholders with new investment opportunities.
Felix Group Holdings Ltd has successfully completed a fully underwritten A$16 million institutional placement, reflecting strong investor demand with a 2.7% premium on shares. The funds will be used for the acquisition of Nexvia Pty Ltd, organic growth initiatives, and working capital. The placement is structured in two tranches, with the first raising A$5.4 million and the second A$10.6 million, subject to shareholder approval. Additionally, a Share Purchase Plan aims to raise up to A$1 million from existing shareholders.
Felix Group Holdings Ltd has announced a proposed issue of securities through a securities purchase plan. The company plans to issue a maximum of 4,761,905 ordinary fully paid securities, with the offer closing on September 9, 2025, and the issue date set for September 15, 2025. This move is aimed at raising capital and potentially enhancing the company’s market positioning.
Felix Group Holdings Limited has announced its strategic acquisition of Nexvia Pty Ltd and its subsidiaries, alongside a capital raise through an underwritten institutional placement and a share purchase plan. This move is aimed at expanding Felix’s operations and market reach, although the acquisition carries potential risks due to uncertainties in the accuracy of Nexvia’s financial information, which could impact Felix’s financial performance post-acquisition.
Felix Group Holdings Ltd reported a 22% increase in sales revenue for FY25, driven by strong sales momentum in its enterprise procurement management platform. The company saw a 31% rise in enterprise sales, supported by new customers and contract expansions, while maintaining stable marketplace subscription revenue. Adjusted EBITDA improved by 32% due to sales growth and flat operating expenses, despite increased subscription costs. The financial results are part of a preliminary release connected to a capital raising announcement, indicating positive operational impacts and strategic growth in the procurement management industry.
Felix Group Holdings Ltd has announced the acquisition of Nexvia, a Brisbane-based SaaS platform, to accelerate its vendor monetisation strategy. This acquisition is expected to significantly enhance Felix’s platform by integrating Nexvia’s project and business management tools, thereby expanding its market reach and improving operational efficiency for SMEs in the construction sector. The acquisition is valued at $12 million and is funded through a combination of cash, shares, and performance rights. It is anticipated to increase Felix’s annual recurring revenue by 38% and strengthen its position as a leading digital platform for contracting and asset-owner enterprises.
Felix Group Holdings Ltd has requested a trading halt on its securities as it finalizes the terms of a strategic material acquisition and a significant equity capital raising. This move is intended to prevent uninformed trading and is expected to impact the company’s market operations, potentially altering its industry positioning and affecting stakeholders.