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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% | |
47 Neutral | AU$8.45M | -1.57 | -122.65% | ― | ― | 28.93% | |
46 Neutral | AU$3.32M | -8.75 | -29.77% | ― | 36.72% | 20.00% | |
43 Neutral | AU$29.71M | -13.50 | ― | ― | 7.32% | 67.11% | |
42 Neutral | AU$39.11M | -2.10 | -259.27% | ― | 82.46% | 58.45% | |
41 Neutral | AU$18.45M | -2.07 | ― | ― | -5.80% | 54.70% | |
41 Neutral | AU$40.30M | -5.82 | ― | ― | 21.82% | 6.83% |
Felix Group Holdings Ltd. Corporate Events
Felix Group Holdings reported total group annualised recurring revenue of $12.2 million for the second quarter of FY26, up 47% year-on-year, driven by 11% growth in enterprise ARR to $7.1 million and the contribution from recently acquired Nexvia, which posted record ARR of $3.4 million, up 13%. Integration of Nexvia is progressing with early revenue synergies, while Felix’s Vendor Marketplace expanded to 126,000 vendors despite ARR from that segment declining 11% to $1.7 million; new contracts with an international construction contractor and Australia’s Pacific Energy, plus an expansion with rail group Martinus, underscore Felix’s international growth push and support its vendor monetisation strategy, backed by $7.2 million in cash and ongoing investment in AI-driven features to improve RFQ efficiency.
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.
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.
Felix Group Holdings Ltd has reported a change in director Robert William Phillpot’s interests in the company’s securities, detailing both his direct and indirect holdings through entities GRCT 20 Pty Ltd, Gravel Road Nominees Pty Ltd and Gravel Road Ventures Pty Ltd. The company disclosed that 1,388,889 unlisted options held by or on behalf of Phillpot have expired without any value or consideration, reducing his aggregate option exposure and slightly altering the structure of insider equity incentives, information that may be relevant for investors monitoring director alignment and potential future dilution.
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.
Felix Group Holdings Ltd has allowed 1,388,889 listed options, exercisable at $0.36 and due to expire on 12 January 2026, to lapse without being exercised. The cessation of these options reduces the company’s pool of potential dilutive securities but does not immediately affect its issued share capital, signaling the conclusion of this specific option series on schedule.
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.
Felix Group Holdings has secured a three-year international contract with the Middle Eastern division of a major global construction and infrastructure contractor, which will license the full suite of Felix modules for use across regional projects and its expanding vendor marketplace. While not yet financially material, the win underscores Felix’s capital-light global expansion strategy and validates the platform’s readiness to serve large, complex enterprises, with the contract potentially paving the way for broader adoption across the contractor’s operations worldwide. The company also reported strong early performance from recently acquired Nexvia, which achieved record monthly recurring revenue in December 2025 and an 82% quarter-on-quarter increase in new sales, driven partly by converting existing Felix Vendor Marketplace customers. Integration of Nexvia is progressing with a focus on enhanced sales processes and resource reallocation, reinforcing Felix’s product-led growth strategy and supporting expectations that Nexvia will be an important contributor to long-term growth and value creation.
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.
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.
The most recent analyst rating on (AU:FLX) stock is a Sell with a A$0.13 price target. To see the full list of analyst forecasts on Felix Group Holdings Ltd. stock, see the AU:FLX Stock Forecast page.
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.