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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 |
|---|---|---|---|---|---|---|---|
63 Neutral | $130.77M | 62.77 | 8.77% | ― | 3.81% | ― | |
63 Neutral | AU$472.67M | 137.37 | 13.37% | 0.09% | 24.47% | 21.28% | |
59 Neutral | AU$151.69M | 34.08 | 4.83% | 4.49% | 46.62% | -49.62% | |
55 Neutral | AU$3.72B | 5.66 | 2.37% | 4.04% | 4.13% | -16.07% | |
44 Neutral | AU$25.74M | ― | -34.93% | ― | -11.90% | -374.59% |
Freelancer Corporate Events
Freelancer Limited has been recognized as a leader in the digital employment space, winning its 13th Webby Award, which highlights its status as the gold standard for employment websites and mobile sites. The company continues to strengthen its industry position by securing significant payments and facilitating extensive freight operations, underscoring its ambition to build a comprehensive platform for labor, payments, and freight services.
Freelancer Limited reported significant financial growth in the first half of 2025, with an 8% increase in revenue to $28 million and a record net profit of $1.9 million, reversing a loss from the previous year. The company saw operational momentum across its platforms, notably with Freelancer’s user growth and NASA contract, Escrow.com’s revenue surge due to domain-name volume, and Loadshift’s record monthly revenues following new feature launches. This progress underscores Freelancer’s strategic positioning in the market and its ability to capitalize on emerging opportunities, particularly in AI-related projects and new verticals.
Freelancer Limited reported a significant financial turnaround for the half year ending June 30, 2025, with an 8.5% increase in revenue and a notable profit of $1.918 million compared to a loss in the previous year. This improvement highlights the company’s strengthened market position and operational efficiency, although no dividends were declared for the period.
Freelancer Limited has launched a sponsored Level 1 American Depositary Receipt (ADR) program with Deutsche Bank, trading under the ticker symbol FRLCY on the U.S. over-the-counter market. This initiative allows U.S. investors to invest in Freelancer Limited more easily by trading in U.S. dollars, enhancing the company’s global accessibility and supporting its mission to empower entrepreneurs and businesses worldwide. The ADR program is expected to simplify cross-border investment and align with Freelancer’s commitment to transparency and investor engagement.
Freelancer Limited has announced key appointments to its global leadership team, enhancing its capabilities in enterprise sales, compliance, and corporate communications. These strategic hires include Ed Wong as Director of Enterprise Sales, Owen Smith as Head of Compliance, and Brent O’Halloran as Director of Communications. The appointments aim to bolster Freelancer’s market expansion, regulatory integrity, and global communications strategy, reflecting the company’s commitment to attracting top talent and empowering businesses and freelancers worldwide.
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.