Freelancer Ltd. ( (AU:FLN) ) has shared an announcement.
In the first quarter of 2025, Freelancer Limited reported a Gross Marketplace Value (GMV) of $231 million, marking a 1.7% increase from the previous year, and a revenue of $14.1 million, up 11.7%. The company achieved an operating profit, driven by revenue growth and cost management, and maintained strong cash flow with $3.5 million in operating cash. The strategic focus on AI is enhancing marketplace liquidity and quality, supporting future growth as small and medium enterprises increasingly adopt AI solutions. With positive cash flow and increased cash reserves, Freelancer Limited is poised for further expansion in the fiscal year 2025.
More about Freelancer Ltd.
Freelancer Limited is a versatile service provider connecting over 80 million users to a comprehensive ecosystem of labor, payments, and freight solutions. Its core businesses include Freelancer, the largest cloud workforce globally; Escrow.com, the leading online escrow service for large value payments; and Loadshift, Australia’s top heavy haulage freight marketplace. These services cater to a wide range of clients from individual consumers to large enterprises.
YTD Price Performance: 10.0%
Average Trading Volume: 3,172
Technical Sentiment Signal: Strong Buy
Current Market Cap: $58.12M
For detailed information about FLN stock, go to TipRanks’ Stock Analysis page.