Freelancer Ltd. Reports 8% Revenue Increase and $1.9M Profit in 1H25, Reversing Prior Year Loss
Freelancer Ltd. reported an 8% revenue increase to $28.0 million and a net profit of $1.9 million for the first half of 2025, reversing a $1.0 million loss from the previous year. The growth was driven by a 3.1% rise in Freelancer's revenue and a 32.3% increase in Escrow.com's revenue. Operating cash flow rose to $6.8 million, with cash and equivalents totaling $26.0 million. The company aims to maintain a monthly operating profit of at least $500k and plans to enhance AI-driven innovation and expand its financial services.
Freelancer Ltd. has reported a significant improvement in its financial performance for the first half of 2025. The company achieved a record half-year profit, with a Net Profit After Tax (NPAT) of $1.9 million, compared to a $1.0 million loss in the same period a year earlier. Group revenue increased by 8% to $28.0 million, driven by a 3.1% rise in Freelancer’s revenue to $21.0 million and a substantial 32.3% growth in Escrow.com’s revenue to $6.1 million. Operating cash flow also saw a significant increase to $6.8 million from $2.2 million in the previous corresponding period, contributing to a 12.3% rise in cash and equivalents, totaling $26.0 million. Freelancer’s operational momentum was evident with more than two million new users onboarded, a place secured on NASA’s US$475 million NOIS-3 program, and continued demand for AI-related projects. Escrow.com expanded its revenue through new integrations and entry into new verticals, while Loadshift set two monthly revenue records following new feature launches. The company plans to continue attracting high-quality freelancers and clients, accelerate AI-driven innovation, expand financial service offerings, and drive operational excellence. Freelancer aims to achieve at least $500k in monthly operating profit consistently. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freelancer Ltd. published the original content used to generate this news brief on July 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
