Record Half-Year Profit
Freelancer Limited reported an all-time record half-year profit of $1.9 million, marking a significant swing from a negative NPAT last year.
Strong Operating Cash Flow
Operating cash flow was a robust $6.8 million, up 209% from the previous half-year.
NASA Contract Win
Freelancer was a joint winner of the National Open Innovation Series 3, a $475 million contract, continuing their collaboration with NASA.
Growth in User Base
Freelancer added 2 million new users, up 17.5%, indicating strong user growth and engagement.
Escrow Revenue Increase
Escrow revenue increased by 32.3% to $6.1 million, marking its fifth year of profitability.
Successful Shopify Integration
Escrow went live with Shopify, successfully processing a $12,000 transaction, opening new possibilities for high-value e-commerce payments.