FLN 0.00% 18.5¢ freelancer limited

Ann: Relief from Appendix 4C Reporting, page-49

  1. 2,583 Posts.
    lightbulb Created with Sketch. 908

    Taking this a step further and reviewing the changes in P/Sx this calendar year:

    TickerP/S x Dec 8 2020P/Sx Dec 31 2019Movement in P/Sx
    1$FVRR40.05.8+590%
    2$UPWK11.93.9+205%
    3$FLN3.84.5-16%

    A year ago, the peer group was being similarly priced by the market. Since then, as we know, FLN has lagged considerably.

    This thread/ ASX release is due to "4 consecutive quarters of positive net operating cash flow" by FLN. FVRR and UPWK are loss-making.

    The pricing disparities are not making sense.

    DYOR
 
watchlist Created with Sketch. Add FLN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.