Freelancer Ltd

  • IPO date:
  • Sector: Industrials
  • GIC Group: Commercial & Professional Services
  • Industry: Specialty Business Services
  • Company website

Company description

Freelancer Limited operates a freelancing and crowdsourcing marketplace in Australia. The company operates in two segments, Online Marketplace and Online Payment Services. Its marketplace allows employers to hire freelancers in the field of software development, writing, data entry and design, engineering, sciences, sales and marketing, and accounting and legal services. The company connects employers and freelancers from approximately 247 countries, regions, and territories. It also provides escrow payment services; global fleet/field services; and subscription-based freight classified services under the Loadshift brand name. The company was founded in 2009 and is based in Sydney, Australia.

Financial highlights

Market Capitalization$92.6035 million
P/E Ratio0
P/E Growth Ratio
Book Value0.05
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-2,315
Profit Margin-0.0489
Operating Margin TTM-0.0491
Return on Assets TTM-0.0164
Return on Equity TTM-0.0951
Revenue TTM53,531

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2009-12-31 1,983 334
2010-12-31 4,702 1,117
2011-12-31 6,395 2,401
2012-12-31 10,627 1,342
2013-12-31 18,505 2,319 16,186 15,513
2014-12-31 25,726 3,360 22,366 25,311
2015-12-31 38,222 5,125 33,097 37,019
2016-12-31 52,508 7,198 45,310 46,131
2017-12-31 49,775 6,220 43,555 48,645
2018-12-31 51,675 7,651 44,024 44,607
2019-12-31 57,911 9,455 48,456 48,967
2020-12-31 58,771 9,786 48,985 49,283
2021-12-31 57,419 9,689 47,730 50,125
2022-12-31 55,660 8,740 46,920 52,997

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2009-12-31 4,385 7,835 7,995 3,089 372
2010-12-31 3,635 8,364 5,431 372
2011-12-31 4,859 9,961 7,506 372
2012-12-31 9,660 19,246 16,043 2,925
2013-12-31 24,387 37,379 18,990 191 17,556
2014-12-31 20,210 40,188 23,376 17,520
2015-12-31 32,246 65,613 30,706 37,310
2016-12-31 34,779 71,074 35,685 0 37,750
2017-12-31 31,908 68,690 36,767 0 38,049
2018-12-31 33,211 71,116 40,041 121 38,106
2019-12-31 32,014 98,025 68,086 3,369 38,446
2020-12-31 34,341 103,691 74,526 5,914 38,446
2021-12-31 30,316 105,327 73,997 5,830 38,779
2022-12-31 23,358 97,045 70,580 5,683 38,918

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2009-12-31 189
2010-12-31 1,359
2011-12-31 1,392
2012-12-31 1,041 9,660
2013-12-31 753 245 14,727 9,660 24,387
2014-12-31 -1,847 -94 -4,177 24,387 20,210
2015-12-31 -2,805 1,458 12,036 20,210 32,246
2016-12-31 -1,173 4,476 2,533 32,246 34,779
2017-12-31 -4,773 -568 -2,871 34,779 31,908
2018-12-31 -1,484 -979 1,303 31,908 33,211
2019-12-31 -1,591 2,056 -1,197 33,211 32,014
2020-12-31 -646 7,913 2,327 32,014 34,341
2021-12-31 -2,257 2,643 -4,025 34,341 30,316
2022-12-31 -5,413 -943 -6,958 30,316 23,358