Record Half-Year Profit
Freelancer Limited reported a half-year NPAT of $1.9 million, marking an all-time record and a significant improvement from a negative position last year.
Strong Cash Flow Growth
Operating cash flow grew to $6.8 million, up 209% for the half-year, with cash balances increasing 12.3% from the previous half-year.
NASA Contract Win
Freelancer was a joint winner of the National Open Innovation Series 3, a USD 475 million contract with NASA, validating its work on high-end scientific and technical projects.
Escrow Revenue Increase
Escrow's revenue increased by 32.3% to $6.1 million, marking its fifth year of profitability.
User Growth
Freelancer added 2 million new users in the half, up 17.5%.
Shopify Integration
Freelancer completed a successful beta transaction with Shopify, enabling high-value transactions on the platform.