Felix Group Holdings Ltd. · ASX:FLX
Felix — Investor Presentation (September 2026)
36 slides from Felix's investor presentation, Sep 28, 2026
Slide 1: Investor Presentation
FELIX GROUP HOLDINGS LTD Investor Presentation September 2026 01 FY26 results 02 New strategy 03 Equity Raising ASX : FLX 1
Slide 2: Important Notice & Disclaimer
IMPORTANT NOTICE & DISCLAIMER The following important notice and disclaimer applies to this investor presentation (Presentation) and you are therefore advised to read this carefully before reading or making any other use of this Presentation or any information contained in this Presentation. This Pr
Slide 3: Important Notice & Disclaimer (Continued)
IMPORTANT NOTICE & DISCLAIMER (Continued) Eligible shareholders wishing to participate in the SPP should read and consider the Offer Booklet before deciding whether to subscribe for and purchase New Shares under the SPP and follow the instructions therein and in the accompanying Application Form. An
Slide 4: Important Notice & Disclaimer (Continued)
IMPORTANT NOTICE & DISCLAIMER (Continued) Forward looking statements – This Presentation contains forward looking statements, including projections, earnings guidance, potential synergies, and expectations regarding the future performance of Felix. These may be identified by words such as “anticipat
Slide 5: Important Notice & Disclaimer (Continued)
IMPORTANT NOTICE & DISCLAIMER (Continued) Disclaimer - Statements made in this Presentation are made only as at the date of this Presentation. The information in this Presentation remains subject to change without notice. Felix may in its absolute discretion, but without being under any obligation t
Slide 6: Proven operators with a focus on execution – to fulfil Felix's potential
NEW LEADERSHIP Proven operators with a focus on execution – to fulfil Felix's potential Dominic O'Hanlon Former CEO of Rhipe Chair & NED of multiple ASX & private businesses Joined February '26 Chairman Directly involved in >$2b of exit valuations Chris Atkin >10 yrs in SaaS. Previously CEO of Rezdy
Slide 7: FY26 results
SECTION 01 FY26 results Expanding Felix platform scale & creating commercial momentum 01 FY26 results 02 New strategy 03 Equity Raising FY26 Results & Investor Presentation 7
Slide 8: FY26 Overview
FY26 OVERVIEW New Chairman & CEO - new strategy launched $13m AI products in validation stage ~73k vendors active in the last 12 months Group contracted ARR at 30 June 2026 +38% 58% $3.4m FY26 revenue YoY FY26 Gross Margin Cash & cash equivalents (30 June '26) FY26 Results & Investor Presentation Ba
Slide 9: Commercial Momentum
COMMERCIAL MOMENTUM Enterprise execution strong in Q4 - the best quarter in two years ENTERPRISE ARR SALES (BY QUARTER - FY26) $7.5m Enterprise Contracted ARR at 30 June 2026 Q4 added 7 new customers & 5 expansion deals - in total $495k enterprise ARR Q1 Q2 Q3 Q4 $0.2m $0.1m $0.4m $0.5m $3.7m $1.8m
Slide 10: Platform Participation
PLATFORM PARTICIPATION Increasing connection between Enterprise & Vendor is demonstrated by platform activity Enterprise Vendors 80 11.8k 73,300 587 Customers · FY25 75 RFQs sent · +27% FY25 Active LTM · +26% v FY25 Paying · June 25 366 89% 30.0k RFQ Completion · +1pp v FY25 RFQ responses· +23% v FY
Slide 11: New strategy
SECTION 02 New strategy Moving from closed Enterprise software to an open platform delivering value to Enterprise & Vendor 01 FY26 results 02 New strategy 03 Equity Raising FY26 Results & Investor Presentation 11
Slide 12: Procurement is a Network Activity
PROCUREMENT IS A NETWORK ACTIVITY Enterprise & Vendor work together repeatedly - but supporting technology is fragmented & doesn't help to connect them Enterprise – hard to find Sourcing Vendors – hard to be & use best supply Compliance discovered & win more work Vendor knowledge sits Contracts Limi
Slide 13: A Connected Procurement Platform
A CONNECTED PROCUREMENT PLATFORM Felix is evolving into an open platform connecting Enterprise, Vendor & the ecosystem around them Marketplace Enterprise governance Vendor identity portal Discovery, matching & transacting – fragmented Single, enduring, sourcing categories first then strategic procur
Slide 14: A Single Trusted Open Platform
A SINGLE TRUSTED OPEN PLATFORM Felix will deliver value to every participant – allowing Enterprise & Vendors to access the capabilities they need Enterprise Vendor Partner more choice, less friction more opportunity, less effort distribution into the network — Broader relevant vendor discovery — Dis
Slide 15: AI Transforming How the Network Can Operate
AI TRANSFORMING HOW THE NETWORK CAN OPERATE NOW - reducing manual effort FUTURE - network intelligence — Bid analysis & Bid Insights — Automated verification - credentials, compliance, external information — Vendor assessment — Smart matching - vendors, Enterprises, requirements & — Compliance & ver
Slide 16: Balanced Commercial Model
BALANCED COMMERCIAL MODEL Delivering value & monetising both sides of the network Established → Expand Latent → Activate → Expand Enterprise Vendor Tiered subscriptions for contractors & assets owners A single vendor ID increasing visibility - with tiered - driven by vendor management & workflow too
Slide 17: From Strategy to Execution
FROM STRATEGY TO EXECUTION Four workstreams to deliver against our strategy 1 2 3 4 Grow & deepen Enterprise Activate the Vendor Connect & develop the Improve Group operating network platform performance New customer acquisition Define & target the active Enterprise access to Nexvia toward profitabi
Slide 18: Investment Case
INVESTMENT CASE Foundations established - the opportunity is to activate our network Core momentum Established scale A network to activate Improved Enterprise execution exiting ~$13m contracted ARR with strong ~73k vendors active across the platform FY26 existing Enterprise & Vendor in the last 12 m
Slide 19: Tiered Pricing Levels
TIERED PRICING LEVELS Offering value to Enterprise & Vendor – to suit their specific needs Gold Silver Bronze Est ACV range: Above $130k Est ACV range: $25k-$100k Est ACV range: $5k-$25k Enterprise Full-suite platform access – vendor Enterprise governance portal – Marketplace-only PAYG – with some m
Slide 20: Continued Opportunity in Enterprise
CONTINUED OPPORTUNITY IN ENTERPRISE Strong near-term opportunities - consolidating existing sectors & expanding further Gold $3.3m Silver $6.2m Bronze $1.1m of qualified pipeline of qualified pipeline of qualified pipeline Utility Owner $1.1m Resources Owner $2.0m In pilot phase Infra Projects $1.0m
Slide 21: Hypothetical Vendor Opportunity
HYPOTHETICAL VENDOR OPPORTUNITY 1,833 paying ~73k @2.5% vendors $6.6m annualised 3,665 paying vendors already active in the last 12 months @5% vendors $13.2m annualised Activation of even this existing base of active Vendors brings a powerful revenue outcome – continued activity levels would only fu
Slide 22: Equity Raising
SECTION 03 Equity Raising With foundations established – Felix's opportunity is to activate its existing ANZ network then unlock expansion & acceleration through a natural network effect 01 FY26 results 02 New strategy 03 Equity Raising FY26 Results & Investor Presentation 22
Slide 23: Equity Raising Summary
EQUITY RAISING SUMMARY Funding AI development & network activation to unlock scalable, higher margin revenue A non-underwritten two-tranche institutional placement to raise A$5.5 million via the issue of 144.7 million new ordinary shares (New Shares) at the Offer Price of Offer size & • A$0.038 per
Slide 24: Indicative Timetable with Sources & Uses
INDICATIVE TIMETABLE WITH SOURCING & USES Funding AI development & network activation to unlock scalable, higher margin revenue Event Date (Sydney Time) Sources A$m Placement 5.5 Trading Halt Thursday, 24 September 2026 SPP 1.0 5:00pm, Thursday 24 September Bids due 2026 (APAC) Total Sources 6.5 8:0
Slide 25: Use of Funds
USE OF FUNDS Deployed against the four strategic areas. 30% 42% 17% 11% Grow & deepen Enterprise Activate the Vendor network Connect & develop the Operating platform performance SUPPORTING RESOURCES BY FUNCTION 45% 30% 15% 10% Product & Engineering Executive Sales and Marketing Customer Experience F
Slide 26: Targeted End of FY27 Outcomes
TARGETED END OF FY27 OUTCOMES Success in FY27 will be defined by achieving 3 outcomes 1,000 vendors +15% activity levels >15% revenue growth1 New Vendor product in market Continued platform activity growth Adding to existing revenue scale The first unified version of a Vendor ID Increasing activity
Slide 27: Key Risks
SECTION 03 Key Risks 01 FY26 results 02 New strategy 03 Equity Raising FY26 Results & Investor Presentation 27
Slide 28: Key Risks
KEY RISKS Investors and Holders of Felix shares ("Felix Shareholders") should be aware that an investment in Felix involves risks. The key risks identified by Felix and its subsidiaries (Felix Group) are set out below, but these are not an exhaustive list of the risks associated with an investment i
Slide 29: Key Risks (Continued)
KEY RISKS (Continued) KEY RISKS ASSOCIATED WITH FELIX'S BUSINESS 2. Personnel risk Organisational culture and people are a key strength of the Felix Group. Accordingly, the performance and retention of the Felix Group's senior executives is central to its ongoing financial performance. The loss of a
Slide 30: Key Risks (Continued)
KEY RISKS (Continued) KEY RISKS ASSOCIATED WITH FELIX'S BUSINESS 6. Infringement of intellectual property rights by a third party The Felix Group's current methods to protect its intellectual rights may not prevent the misappropriation or development of similar products by others. Competitors may ga
Slide 31: Key Risks (Continued)
KEY RISKS (Continued) KEY RISKS ASSOCIATED WITH FELIX'S BUSINESS 9. Reliance on third party IT provider - AWS AWS, a division of Amazon.com, Inc. (NASDAQ:AMZN), provides the Felix Group's cloud hosting infrastructure. The Felix Group's business is heavily dependent on the continuity of this service.
Slide 32: Key Risks (Continued)
KEY RISKS (Continued) KEY RISKS ASSOCIATED WITH FELIX'S BUSINESS 13. Reliance on external party risks Felix’s operations depend on performance by a number of external parties under contractual arrangements with Felix. Non-performance of contractual obligations and poor operational performance of ext
Slide 33: Key Risks (Continued)
KEY RISKS (Continued) OFFER & GENERAL RISKS 16. Future issues of debt or other securities Felix may, at its absolute discretion, issue additional securities in the future that may rank ahead of, equally with or behind ordinary shares, whether or not secured. Any issue or conversion of securities may
Slide 34: Offer Jurisdictions
SECTION 03 Offer Jurisdictions 01 FY26 results 02 New strategy 03 Equity Raising FY26 Results & Investor Presentation 34
Slide 35: International Offer Restrictions
INTERNATIONAL OFFER RESTRICTIONS This document does not constitute an offer of new ordinary shares (“New Shares”) of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold in rela
Slide 36: International Offer Restrictions (Continued)
INTERNATIONAL OFFER RESTRICTIONS (Continued) This document is issued on a confidential basis to “qualified investors” (within the meaning of paragraph 2 of Schedule 1 to the POATRs) in the United Kingdom. The New Shares may not be offered or sold in the United Kingdom by means of this document or an
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