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Felix Group Achieves First Positive Cash Flow Milestone
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Felix Group Achieves First Positive Cash Flow Milestone

Felix Group Holdings Ltd. (AU:FLX) has released an update.

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Felix Group Holdings Ltd has reported its first-ever positive operating cash flow in Q1 FY25, marking a pivotal financial milestone. The company achieved a remarkable 23% growth in Contractor Annual Recurring Revenue (ARR), reaching $6.0 million, driven by new contracts and expansions, including a significant deal with Bellevue Gold. Felix’s performance highlights its strong growth trajectory in the mining and resources sector.

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