Record Revenue Growth
First quarter revenue of $14.1 million, up 11.7% year-over-year. Freelancer revenue grew by 8% and Escrow revenue surged by 34.5%.
Sustained Profitability
Achieved ninth consecutive month of operating profit, with a target of $0.5 million monthly operating profit consistently.
Strong Customer Acquisition
Freelancer saw continuous double-digit growth in customer acquisitions, with a 21% increase year-on-year.
AI-Driven Growth
Significant focus on AI integrations, improving liquidity and marketplace quality, and growing a new vertical in AI development.
Expansion in Escrow.com
Escrow gross payment volume of $200.6 million, with new partnerships in e-commerce and shopping cart providers, aiming to handle large transactions.
Loadshift Performance
Loadshift recorded a March revenue record, up 27.3% year-on-year, and a profit in March.
Positive Cash Flow
Operating cash flow of $3.5 million, up from $1 million a year ago, and overall cash flow of $2.2 million.