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Felix Group Holdings Ltd (ASX:FLX)

ALERT: Price-sensitive ASX Announcement for FLX
Current share price for FLX : $0.050 -0.09 (-64.29%)+
Announcement
Release
24 Feb 2026 10:23AM
Price at Release
$0.140
Full Release
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Summary
Felix Group Holdings Ltd's half-yearly report for the period ending 31 December 2025 shows a 15% increase in contractor revenue to $3,431,000, despite an overall net loss of $3,308,000. This period marked the acquisition of Nexvia Pty Ltd for $11,203,000, contributing $843,000 in revenue and a $142,000 net loss. The company issued 94,001,028 shares, increasing its issued capital to $67,431,000. Felix observed significant growth in its platform engagement metrics, with a 23% increase in active projects and a 41% rise in contractor quotation requests. The financials indicate a strong cash position with $7,160,000 in cash equivalents. New leadership changes include the appointment of James Frayne as Interim CEO and Dominic O’Hanlon as Non-Executive Chairman.
Key Points
  • Felix Group's net loss for the half-year was $3,308,000.
  • Contractor revenue increased by 15% from the previous year.
  • Acquisition of Nexvia Pty Ltd brought in $843,000 revenue.
  • Total issued capital increased to $67,431,000.
  • Significant increase in platform engagement metrics.
  • Leadership change with James Frayne as Interim CEO.
  • Dominic O’Hanlon appointed as Non-Executive Chairman.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.