Company Encyclopedia
View More
name
Freelancer Ltd.
FLN.AU
News
View More

Freelancer Ltd. Reports 8% Revenue Increase and Higher Adjusted Operating Profit in H125 Despite 2.4% GMV Decline

Freelancer Ltd. reported an 8% revenue increase in H125, despite a 2.4% decline in gross marketplace volume (GMV). The company improved its take rate in Escrow.com and Loadshift, resulting in positive net cash flow and a rise in adjusted operating profit. Operational efficiency, cost optimization, and investments in AI tooling have maintained product quality and stimulated demand, indicating potential for significant operational leverage with future GMV growth.

Reuters·
Reuters·

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.

Reuters·
Reuters·

Freelancer Ltd. Launches ADR Program with Deutsche Bank, Trades as 'FRLCY' on U.S. OTC Market

Freelancer Limited has launched a sponsored Level 1 American Depositary Receipt (ADR) program with Deutsche Bank, allowing U.S. investors to trade under the ticker symbol 'FRLCY' on the OTC market. Each ADR represents 100 ordinary shares, enhancing global accessibility and supporting Freelancer's mission to empower entrepreneurs and businesses worldwide.

Reuters·
Reuters·

Freelancer Ltd. Director Increases Shareholding

Freelancer Ltd. (AU:FLN) announced that its director, Robert Matthew Barrie, has increased his shareholding through an on-market trade, reflecting a slight rise in his holdings. This move may indicate confidence in the company's future. Freelancer operates in the online freelancing and crowdsourcing sector, connecting businesses with freelancers. The company's current market cap is $47.92M, with a year-to-date price performance of -3.64% and a consensus rating of 'Buy'.

Tip Ranks·
Tip Ranks·

Freelancer Ltd. Director Increases Stake in Company

Freelancer Ltd. (AU:FLN) has announced that its Director, Robert Matthew Barrie, has increased his stake by acquiring 60,606 shares, bringing his total holdings to over 196 million shares. This move indicates Barrie's continued confidence in the company's performance. For more insights on AU:FLN stock, visit TipRanks’ Stock Analysis page.

Tip Ranks·
Tip Ranks·