Felix Group (FLX) Q3 2026 TU earnings summary

Executive summary

• Total Group ARR reached $12.7m in Q3 FY26, up 47% year-over-year, driven by the Nexvia acquisition and enterprise ARR growth.

• Four new enterprise customers and three contract expansions were secured, including the first education sector win.

• Leadership renewal completed with new Chairman and CEO, both bringing significant technology and SaaS experience.

Financial highlights

• Enterprise ARR increased to $7.3m, up 9% year-over-year, with net revenue retention at 97%.

• Nexvia contributed $3.4m ARR, up 12% year-over-year.

• Receipts from customers totaled $3.9m for the quarter; net operating cash outflow was ($1.2m).

• Cash and cash equivalents at quarter end were $5.7m.

Outlook and guidance

• AI feature development is underway to enhance vendor assessment and bid analysis, expected to drive higher customer value and contract expansion.

• Integration of Nexvia and platform enhancements are expected to support scalable growth.