Freelancer (FLN) AI Stock Analysis

• Market Cap: AU$103.71M
• Dividend Yield: N/A
• Average Volume (3M): 67.96K
• Price to Earnings (P/E): 51.1
• Beta (1Y): 0.52
• Revenue Growth: 3.81%
• EPS Growth: N/A
• Country: AU
• Employees: 318
• Sector: Communication Services
• Sector Strength: 97
• Industry: Specialty Business Services
• EPS (TTM): <0.01
• Shares Outstanding: 450,914,900
• 10 Day Avg. Volume: 137,426
• 30 Day Avg. Volume: 67,963
• PEG Ratio: 0.18
• Price to Book (P/B): 3.54
• Price to Sales (P/S): 1.59
• P/FCF Ratio: 14.11
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): <0.01
• Revenue Forecast (FY): AU$82.15M

• Rating: 55 Neutral
• Price Target: AU$0.23 ▼(-3.75% Downside)

Freelancer Ltd.'s overall stock score reflects a mixed financial performance with strong gross margins but declining revenue and profitability challenges. The positive earnings call sentiment and strategic wins like the NASA contract provide a boost, but technical indicators and valuation concerns weigh down the score.

Positive Factors

NASA Contract Win

Securing a significant contract with NASA enhances Freelancer's credibility and positions it for sustained growth in high-end scientific and technical projects.

Strong Cash Flow Growth

Robust cash flow growth indicates improved operational efficiency, providing financial flexibility for strategic investments and debt management.

User Growth

Significant user growth enhances platform liquidity and network effects, potentially driving future revenue through increased project postings and transactions.

Negative Factors

Declining Revenue

Ongoing revenue decline poses a challenge to growth, potentially impacting long-term profitability and limiting the ability to invest in new initiatives.

Product Quality and Retention Issues

Product quality and retention challenges can hinder user satisfaction and growth, impacting long-term competitiveness and market position.

Acquisition Challenges

Declining new customer acquisition indicates potential issues in marketing effectiveness or platform appeal, affecting future revenue streams.

Freelancer Business Overview & Revenue Model

Company Description

Freelancer (FLN) is a leading online marketplace that connects freelancers with businesses and individuals seeking various services in sectors such as technology, creative design, writing, marketing, and more. The platform enables users to post projects, hire freelancers, and manage work remotely, thereby facilitating a flexible workforce and promoting global collaboration. Freelancer offers a range of services including job posting, project bidding, and secure payment processing, making it a comprehensive solution for both freelancers and employers.

How the Company Makes Money

Freelancer generates revenue primarily through a commission-based model. The company charges freelancers a fee based on the value of the projects they complete, typically ranging from 10% to 20% of the total project cost. Additionally, it offers premium memberships and features for both freelancers and employers, which provide enhanced visibility and access to more tools on the platform. The company also earns revenue through project fees when employers post jobs and through advertising. Partnerships with various businesses and integration with payment platforms further contribute to its income, enhancing user experience and expanding its service offerings.

Freelancer Financial Statement Overview

Summary

Freelancer Ltd. faces challenges with declining revenue and net losses impacting profitability. Despite this, the company maintains strong gross margins and has improved its cash flow position, suggesting potential operational efficiencies. The moderate debt levels provide some financial stability, but the negative return on equity and revenue decline indicate ongoing growth challenges.

Income Statement

Freelancer Ltd. shows declining revenue with a negative net income trend over recent years, impacting the net profit margin negatively at -1.6% in the latest year. The gross profit margin is strong at 81.9%, indicating efficient cost management. However, the consistent decrease in revenue highlights growth challenges.

Balance Sheet

The debt-to-equity ratio is moderate at 0.54, indicating manageable leverage levels. However, the return on equity is negative due to the net losses, reflecting challenges in generating returns for shareholders. Equity ratio remains stable at approximately 27.3%.

Cash Flow

Freelancer Ltd. has shown significant improvement in free cash flow, with recent growth of 216.5%. The operating cash flow to net income ratio is unfavorable due to net losses, but the positive free cash flow indicates operational efficiency improvements.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	53.12M	51.00M	53.33M	55.66M	57.42M	58.77M
Gross Profit	44.95M	41.79M	44.24M	14.98M	17.04M	22.48M
EBITDA	2.73M	54.00K	4.79M	-905.00K	1.78M	5.60M
Net Income	2.12M	-814.00K	189.00K	-5.41M	-2.26M	-646.00K
Balance Sheet
Total Assets	83.64M	83.96M	88.68M	97.05M	105.33M	103.69M
Cash, Cash Equivalents and Short-Term Investments	26.01M	23.16M	21.15M	23.36M	30.32M	34.34M
Total Debt	9.74M	12.40M	17.15M	21.20M	21.91M	25.01M
Total Liabilities	56.01M	57.25M	61.86M	70.58M	74.00M	74.53M
Stockholders Equity	24.33M	22.92M	23.15M	22.79M	27.66M	29.14M
Cash Flow
Free Cash Flow	10.30M	5.75M	1.82M	-4.33M	-5.45M	7.66M
Operating Cash Flow	10.50M	5.85M	1.87M	-4.18M	2.64M	7.91M
Investing Cash Flow	-201.00K	-92.00K	-53.00K	-149.00K	-8.09M	-249.00K
Financing Cash Flow	-5.94M	-4.96M	-4.20M	-3.85M	508.00K	-2.54M

Freelancer Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.24
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:FLN, the sentiment is Positive. The current price of 0.24 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.24, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.56 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:FLN.

Freelancer Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CUP	76 Outperform	AU$184.34M	20.60	8.06%	4.02%	27.05%	520.93%
KPG	63 Neutral	AU$352.69M	102.50	13.37%	0.11%	24.47%	21.28%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
FLN	55 Neutral	AU$103.71M	51.06	8.77%	―	3.81%	―
STG	42 Neutral	AU$19.30M	-3.48	-23.42%	―	-13.52%	7.82%

Freelancer Corporate Events

Freelancer Limited Announces Change in Director’s Shareholdings

Freelancer Limited has announced a change in the director’s interest, specifically regarding Robert Matthew Barrie’s indirect holdings. The director acquired 100,000 fully paid ordinary shares through an on-market trade, increasing his indirect holdings, which may indicate confidence in the company’s future performance and could impact stakeholder perceptions.

Freelancer Limited Director Increases Shareholding

Freelancer Limited announced a change in the director’s interest, with Robert Matthew Barrie acquiring 382,297 fully paid ordinary shares through an on-market trade. This change reflects an increase in Barrie’s direct holding, potentially indicating confidence in the company’s future performance and stability.

Freelancer Limited Maintains Stability Amidst Revenue Challenges in Q3 2025

Freelancer Limited reported a stable third quarter in 2025 with a slight decrease in group revenue by 0.5% to $13.8 million. The company maintained operational profitability, despite a 22.5% decline in Group GMV, primarily due to a significant transaction in the previous year. Freelancer.com saw a 3.9% growth in GMV, while Escrow.com experienced a 2.9% revenue increase. The company’s cash and equivalents stood at $25.6 million, reflecting a share buyback in Loadshift. The average project size on Freelancer increased significantly, highlighting the platform’s growing sophistication and quality of work.

Freelancer Limited to Release 3Q25 Business Update and Host Investor Call

Freelancer Limited announced its plan to release the third-quarter business update for 2025 on October 22, along with hosting an investor call on the same day. This update and call are significant for stakeholders as they provide insights into the company’s performance and strategic direction, potentially impacting its market positioning and investor relations.

Freelancer Limited Director Increases Shareholding

Freelancer Limited announced a change in the director’s interest, with Robert Matthew Barrie acquiring 1,170,654 fully paid ordinary shares through an on-market trade. This change reflects a significant increase in Barrie’s indirect holdings, indicating a strengthened personal investment in the company, which may influence stakeholder confidence and market perception.

Freelancer Limited Director Increases Shareholding

Freelancer Limited announced a change in the director’s interest, with Robert Matthew Barrie acquiring 834,177 fully paid ordinary shares through an on-market trade. This change reflects an increase in Barrie’s indirect holdings, potentially signaling confidence in the company’s future performance and stability, which may influence stakeholder perceptions and market positioning.

Freelancer Limited Director Increases Shareholding

Freelancer Limited announced a change in the director’s interest, with Robert Matthew Barrie acquiring an additional 77,123 fully paid ordinary shares through an on-market trade. This change reflects an increase in Barrie’s indirect holdings, indicating a potential vote of confidence in the company’s future prospects.