• Contractor ARR increased 29% on H1 FY24, driven by accelerating traction in the mining & resources sector
• Record Group ARR of $8.3m in H1 FY25, with 10 new Contractors and 10 expansion deals signed
• Delivered two consecutive quarters of positive operating cashflow in H1 FY25

Felix Group Holdings Ltd reported its H1 FY25 results, highlighting strong topline growth, organic Contractor growth, and positive operating cashflow. Key achievements include a 29% increase in Contractor ARR to $6.4m, driven by 10 new Contractor signings and 10 expansion deals. The company also delivered a record Group ARR of $8.3m, up 22% on H1 FY24. Felix maintained a strong Contractor gross margin of 76% and a net revenue retention rate above 100%. The company also achieved two consecutive quarters of positive operating cashflow in H1 FY25, representing a $1.7m improvement on the prior corresponding period. This reflects Felix's careful cost management and strategic calibration to maximize growth while progressing towards a sustainable cashflow profile. The company remains focused on driving Contractor ARR growth while maintaining a positive operating cashflow position.

Felix Group Holdings Ltd reported record Group ARR of $8.3m in H1 FY25, up 22% on H1 FY24. The company maintained a strong Contractor gross margin of 76% and delivered two consecutive quarters of positive operating cashflow in H1 FY25.