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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Felix Group (ASX: FLX) posted Q2 FY26 results showing ARR of $12.2 M (≈$7.9 M USD), a 47% year‑over‑year rise driven largely by the Nexvia acquisition. Organic ARR stalled at $8.8 M (≈$5.8 M USD), up only 6% YoY, and the company remains unprofitable, posting a $4.73 M AUD loss (≈$3.1 M USD) in FY2025. Share price fell 7% after the release, reflecting investor worries over slow organic growth, leadership transition, and AI‑related disruption risk. The Nexvia deal added $3.4 M AUD ARR (≈$2.2 M USD) but increased staffing and integration costs, pressuring cash flow.
The Canadian Supreme Court is hearing a challenge to Quebec's secularism law, which bars civil servants such as judges and police officers from wearing religious symbols. Quebec seeks to extend the ban to teachers and childcare workers, mirroring France's approach....
