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Freelancer
(Sydney:FLN)
Freelancer (FLN) vs. iShares MSCI Australia ETF (EWA)
Freelancer Business Overview & Revenue Model
Freelancer Earnings Call Summary
Freelancer Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 51.00M | 53.33M | 55.66M | 57.42M | 58.77M |
| Gross Profit | 41.79M | 44.24M | 14.98M | 17.04M | 22.48M |
| EBITDA | 54.00K | 4.79M | -905.00K | 1.78M | 5.60M |
| Net Income | -814.00K | 189.00K | -5.41M | -2.26M | -646.00K |
Balance Sheet | |||||
| Total Assets | 83.96M | 88.68M | 97.05M | 105.33M | 103.69M |
| Cash, Cash Equivalents and Short-Term Investments | 23.16M | 21.15M | 23.36M | 30.32M | 34.34M |
| Total Debt | 12.40M | 17.15M | 21.20M | 21.91M | 25.01M |
| Total Liabilities | 57.25M | 61.86M | 70.58M | 74.00M | 74.53M |
| Stockholders Equity | 22.92M | 23.15M | 22.79M | 27.66M | 29.14M |
Cash Flow | |||||
| Free Cash Flow | 5.75M | 1.82M | -4.33M | -5.45M | 7.66M |
| Operating Cash Flow | 5.85M | 1.87M | -4.18M | 2.64M | 7.91M |
| Investing Cash Flow | -92.00K | -53.00K | -149.00K | -8.09M | -249.00K |
| Financing Cash Flow | -4.96M | -4.20M | -3.85M | 508.00K | -2.54M |
Freelancer Technical Analysis
Freelancer Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $36.88B | 120.26 | 13.73% | 0.19% | 19.03% | 37.24% | |
71 Outperform | $29.05B | 131.20 | 12.98% | ― | 23.95% | ― | |
71 Outperform | €13.93B | 54.25 | 8.51% | 2.10% | 17.01% | -26.92% | |
68 Neutral | $30.61B | 49.59 | 37.91% | 0.95% | 20.28% | 118.95% | |
68 Neutral | $2.54B | 13.45 | 7.40% | 4.63% | -0.87% | 8.24% | |
58 Neutral | $121.75M | ― | -3.57% | ― | -4.37% | -550.00% | |
54 Neutral | $8.61B | 1,328.57 | 1.71% | 1.98% | -14.38% | -92.03% |
Freelancer Corporate Events
Freelancer Limited has announced a change in the director’s interest, with Robert Matthew Barrie acquiring an additional 80,846 fully paid ordinary shares through an on-market trade. This change reflects a slight increase in Barrie’s indirect holdings, potentially indicating confidence in the company’s future prospects.
Freelancer Limited has announced a change in the director’s interest, with Robert Matthew Barrie acquiring an additional 461,363 fully paid ordinary shares through an on-market trade. This change reflects a strategic move by the director, potentially indicating confidence in the company’s future prospects and stability, which may influence stakeholder perceptions and market positioning.
Freelancer Limited has issued a correction to a previously lodged Appendix 3Y regarding a change in the director’s interest notice for Matt Barrie. The correction involves an adjustment in the number of securities acquired, which was initially misstated. Additionally, the company disclosed previously omitted trades involving shares held indirectly by Matt Barrie, attributing the oversight to a clerical error. Freelancer Limited has reviewed and enhanced its internal processes to prevent future occurrences and considers this an isolated incident, maintaining confidence in its compliance with ASX Listing Rules.
Freelancer Limited announced a change in the director’s interest, with Robert Matthew Barrie acquiring an additional 737,226 fully paid ordinary shares through an on-market trade. This change reflects a slight increase in Barrie’s direct holdings, potentially signaling confidence in the company’s future performance and stability, which could impact stakeholder perceptions positively.
Freelancer Limited has been selected as one of 25 suppliers on NASA’s Open Innovation Services 3 (NOIS3) multi-vendor panel, allowing the company to provide crowdsourcing and open-innovation services to NASA and other U.S. government agencies. This inclusion signifies an expansion of Freelancer’s role in solving complex space-exploration challenges and enhances its industry positioning by leveraging its global marketplace and enterprise services. The contract, managed by NASA’s Johnson Space Center, has a total panel ceiling of $475 million and includes options for extension up to 2035.
Freelancer Limited has announced a change in the director’s interest, specifically regarding Robert Matthew Barrie’s holdings. The change involves an acquisition of 25,641 fully paid ordinary shares through an on-market trade, impacting his holdings in Taipan Investment Management Pty Ltd. This adjustment in shareholding reflects ongoing strategic financial management within the company, potentially influencing investor perceptions and market dynamics.
Freelancer Limited has been recognized as the Internet’s gold standard for employment by winning its 13th Webby Award, highlighting its strong industry positioning. The company continues to lead globally in escrow services and labor platforms, facilitating billions in payments and job connections, and is expanding its heavy haulage services to a global scale, reinforcing its commitment to powering labor, payments, and freight.
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.
Freelancer Limited experienced a pivotal year in 2024, with a notable turnaround in performance and strengthening of its core business. Despite a slight decline in full-year revenue due to the planned wind-down of non-core services, the company’s core online platform saw growth in the second half of the year. Key achievements included a significant increase in new client deposits, improved user engagement, and a rise in project size, reflecting enhanced trust and skill levels within the freelancer community. Financial discipline was also emphasized, with a reduction in operating costs and a return to positive operating cash flow, ending the year with a stronger balance sheet and increased cash reserves.
Freelancer Limited has released its corporate governance statement for the financial year ending December 31, 2024, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, detailing the extent of compliance and any deviations. This disclosure is part of the company’s commitment to transparency and accountability, potentially impacting its reputation positively among stakeholders.
Freelancer Limited announced that it will release its first-quarter 2025 financial results on April 14, 2025. The company will host an investor conference call on the same day to discuss the results, reflecting its commitment to transparency and engagement with stakeholders. This event may influence investor perceptions and market positioning as the company shares its financial performance and strategic insights.