Escrow growing 11% for the HY - which is great imo. Freelancer.com receipts down, but due to a pricing structure change. Preso gives guidance that Freelancer revenue should be greater YoY from now on (so it's a hit I'm happy to take to maintain a competitive marketplace in the longrun). They're down a fair bit on Airtasker in the local space, however their recent location tracking is something that I don't think Airtasker has (FLN's engineering team is far superior to Airtasker's too)
Australian licencing obtained for Escrow, AUD about to be launched (which will boost their market for minimal cost)
EBITDA to push above breakeven next year - non-cyclical business, I'm still adament that Escrow.com will pop soon.
So yeah, a challenging year for all - I'm sure there are a lot of sore holders here, I'm lucky to be in the green but have strong faith in FLN's management and strategy (one of the top data science teams in Aus IMO).
FLN Price at posting:
59.5¢ Sentiment: Buy Disclosure: Held
