• Enterprise ARR up 20% to $6.9m, supported by record customer expansion deals
• Signed 13 new enterprise customers, including 4 in mining and resources
• Expanded internationally with new contracts in North America and Africa
• Completed $16m placement, acquired Nexvia to enhance vendor ecosystem

Felix Group Holdings Ltd has delivered another year of strong operational and financial performance in FY25. The company saw continued momentum in enterprise ARR, which increased 20% year-on-year, supported by a record volume of customer expansion activity, as well as new customer wins from a diverse range of sectors. Felix's customer base continues to expand, with broadening demand for its platform across adjacent sectors such as mining and resources. During the year, Felix continued to execute on its land-and-expand strategy, delivering a record 23 contract expansion deals with existing customers. Felix has also experienced early traction in its international growth strategy, securing new contracts in North America and Africa. To support its growth initiatives, Felix completed a fully underwritten $16.0m placement and announced the acquisition of Nexvia, which will enhance its vendor ecosystem. FY25 also saw the launch of significant platform enhancements, including the release of a contract API, multi-stage approval workflows, and multilingual capabilities. Felix achieved positive operating cash flow for the full year, a significant improvement from the previous financial year.

Looking ahead to FY26, Felix will prioritise accelerating growth through strategic investments in product innovation, partnerships, and international expansion. The integration of Nexvia will also be a key focus area to ensure Felix is well-positioned to capture synergies and unlock accelerated top-line growth in FY27 and beyond.