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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 | -4.35M | -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% | |
44 Neutral | AU$35.21M | -15.00 | ― | ― | 7.32% | 67.11% | |
44 Neutral | AU$16.40M | -1.95 | ― | ― | -5.80% | 54.70% | |
42 Neutral | AU$1.99M | -5.25 | -29.77% | ― | 36.72% | 20.00% | |
41 Neutral | AU$48.51M | -6.98 | ― | ― | 21.82% | 6.83% | |
39 Underperform | AU$23.33M | -1.43 | -259.27% | ― | 82.46% | 58.45% | |
34 Underperform | AU$4.90M | -1.05 | -122.65% | ― | ― | 28.93% |
Felix Group Holdings Ltd. Corporate Events
Felix Group Holdings Ltd has received a research and development tax refund of $548,045 for the 2025 financial year, under the Australian Government R&D tax incentive scheme. This refund strengthens Felix’s balance sheet, supporting its organic growth initiatives for the fiscal year 2026, with the company holding $7.8 million in cash as of October 24, 2025.
Felix Group Holdings Ltd has announced that Mike Davis has ceased to be a director of the company as of November 12, 2025. Davis held 4,457,959 ordinary shares and 302,593 performance rights in the company, with additional interests through M.A.D Technologies Pty Ltd and Little Umbrella Group Pty Ltd. This change in directorship may impact the company’s governance and strategic direction, influencing stakeholders’ perspectives on Felix Group Holdings’ future operations.
Felix Group Holdings Ltd reported a successful fiscal year 2025, with a 21% increase in group revenue to $8.6 million, driven by strong sales momentum in its enterprise procurement platform. The company expanded its customer base to 75 enterprise clients, including major contracts with Karara Mining and Bellevue Gold, and achieved a 35% increase in expansion deals with existing customers. Felix also made strides in international growth, securing contracts with DRA Projects and PCL Construction’s Solar Division, and reached positive operating cash flow for the year. The acquisition of Nexvia, a SaaS platform for SMEs in the construction sector, is expected to enhance Felix’s vendor monetization strategy and expand its market reach. Looking ahead, Felix plans to focus on product innovation, partnerships, and international expansion, while integrating Nexvia to unlock synergies.
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.