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Freelancer ( (AU:FLN) ) just unveiled an announcement.
Freelancer Limited reported FY25 group GMV of $881.5 million, down 7.1% year on year, but lifted revenue 4.1% to $55.3 million on record sales at Escrow.com and steady growth in its core Freelancer marketplace. The company delivered an all-time record net profit after tax of $2.2 million versus a loss a year earlier, while operating profit more than doubled and operating cash flow rose to $7.7 million, underscoring a sharp turnaround in profitability.
Escrow.com notched an all-time high $12.3 million in revenue and marked its fifth consecutive year of profitability, while Loadshift delivered its first full-year profit, prompting Freelancer to spend $1.5 million on buybacks that lifted its stake in the freight platform to 73.4%. Despite a modest decline in cash to $22.9 million, the balance sheet remains supportive of further investment, and marketplace metrics such as rising average project size and surging bid and contest activity indicate a shift toward higher-value, more complex work that may strengthen the group’s competitive position in online services and payments.
The most recent analyst rating on (AU:FLN) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Freelancer stock, see the AU:FLN Stock Forecast page.
More about Freelancer
Freelancer Limited, listed on the ASX and OTCQX, operates a global services marketplace spanning labour, payments, and freight. Its core units include Freelancer, billed as the world’s largest cloud workforce platform, Escrow.com, a leading online escrow provider for large-value payments, and Loadshift, Australia’s largest heavy haulage freight marketplace.
Together these platforms connect more than 90 million registered users worldwide, serving both consumers and enterprises with project-based work, secure transaction settlement, and freight solutions. The group is positioning itself as an “Amazon of services,” integrating these offerings into a seamless ecosystem to capture growing demand for online, higher-value, and complex service engagements.
Average Trading Volume: 70,379
Technical Sentiment Signal: Sell
Current Market Cap: A$94.69M
For detailed information about FLN stock, go to TipRanks’ Stock Analysis page.