New Risk • Aug 26
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$13.4m (US$9.65m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Market cap is less than US$10m (AU$13.4m market cap, or US$9.65m). Minor Risks Currently unprofitable and not forecast to become profitable next year (AU$2.3m net loss next year). Shareholders have been diluted in the past year (30% increase in shares outstanding). Price Target Changed • Aug 06
Price target decreased by 16% to AU$0.21 Down from AU$0.25, the current price target is provided by 1 analyst. New target price is 320% above last closing price of AU$0.05. Stock is down 77% over the past year. The company posted a net loss per share of AU$0.023 last year. Announcement • Aug 03
Felix Group Holdings Ltd Announces Appointment of Stephen Hunter as Chief Financial Officer, Effective August 17, 2026 Felix Group Holdings Ltd. announced that it appointed Mr. Stephen Hunter as Chief Financial Officer. Mr. Hunter will commence his role with Felix on August 17, 2026, succeeding James Frayne, who will step down after ensuring a smooth transition of financial reporting, audit, investor relations and Company Secretariat responsibilities. Mr. Hunter (CPA, GAICD, BBus) will report to Felix's Chief Executive Officer, Chris Atkin. He brings over 15 years' senior finance experience across ASX, NYSE and FTSE-listed companies, private equity and venture capital-backed SaaS businesses. Mr. Hunter is currently CFO & Company Secretary of the Ainslie Group of Companies and was previously Vice-President and Regional Leader, Asia-Pacific for Accruent LLC. He was also previously CFO & Company Secretary of venture-backed SaaS company RedEye Apps, leading its sale to Accruent, and spent close to five years in senior commercial finance roles at ASX-listed TechnologyOne Limited. 
