• Completed acquisition of Nexvia to accelerate vendor monetisation strategy
• $7.0m Enterprise ARR, up 17% on pcp, with new enterprise customers and expansion deals
• Signed new contract in North America with a heavy civil construction business

Felix Group Holdings Ltd (ASX:FLX) has released its quarterly business update and Appendix 4C for the period ended 30 September 2025 (Q1 FY26). Key highlights include the completion of the acquisition of Nexvia Pty Ltd, a Brisbane-based SaaS platform built for project-led SMEs in the construction sector. This strategic milestone expands Felix's product suite and addressable market while strengthening its ability to drive growth and unlock new recurring revenue streams through vendor monetisation. During the quarter, Felix recorded $7.0m in Enterprise ARR, representing a 17% increase on the prior corresponding period, underpinned by two new enterprise customers and one expansion deal. The company also signed a 3-year agreement with a heavy civil construction business in Eastern Canada, demonstrating early traction in the North American market. Felix's Group ARR in Q1 FY26 increased 10% on the prior corresponding period to $8.8m, including Nexvia ARR. The Vendor Marketplace reached 120,000 Vendors, a 10% increase from the prior corresponding period. Felix remains well-capitalised with $7.8m in cash as at 24 October 2025, following the completion of the Nexvia acquisition and Tranche 2 of the capital raising.

Felix reported Enterprise ARR of $7.0m in Q1 FY26, representing a 17% increase on the prior corresponding period.

Felix is focused on strategic investment for long-term growth and scale to unlock accelerated revenue and earnings growth in FY27. Key organic growth initiatives include platform development, additional sales and marketing resources, and integration of Nexvia.