• Record 23 contract expansions signed in FY25, delivering $232k of new enterprise ARR in Q4 FY25
• 13 new customers signed in FY25, delivering $128k of new enterprise ARR in Q4 FY25
• $374k new enterprise ARR added in Q4 FY25, bringing total enterprise ARR to $6.9m

Felix Group Holdings Ltd (ASX:FLX) released its quarterly business update and Appendix 4C for the period ended 30 June 2025 (Q4 FY25). The company reported a record 23 contract expansion deals signed in FY25, a 35% increase on the prior year, demonstrating its ability to secure high-margin expansion ARR as customers increase their use cases. 13 new customers were also signed in FY25, bringing the total enterprise customers to a record 75. During Q4 FY25, Felix signed six expansion deals and three new customers, delivering $374k of new enterprise ARR. Key contract expansions included deals with Monadelphous, PCL Construction's Solar Division, Ertech, Hick Bros, Bilbergia, Martinus, CIMIC, Seymour Whyte, Monford, and Emeco. Felix's total Group ARR reached $8.6m in FY25, a 11% increase from the prior year. The company reported positive net operating cash flows of $418k in FY25, a significant improvement from the ($3.3m) outflow in FY24. The Vendor Marketplace continued to scale, reaching 112,984 Vendors by the end of FY25, an 11% increase from the prior year.

Felix's total Group ARR reached $8.6m in FY25, a 11% increase from the prior year. The company reported positive net operating cash flows of $418k in FY25, a significant improvement from the ($3.3m) outflow in FY24.

Looking ahead to FY26, Felix is focused on accelerating growth across the business, with particular emphasis on the Vendor Marketplace. The company believes the monetisation potential of the Vendor Marketplace remains largely untapped, and unlocking this value is a key strategic priority.