Quarterly is due on the 31st of July.
My best guess is that revenues will show growth over last year's $50.5m, how much is a guess.
Q1 was $12m, but is the quietest quarter.
FY16 was $52m, and last year the corresponding quarter was $13m.
With that in mind, I'm keen to see a result over $13m as evidence that growth has returned, and if it came in over $14m it would be a good result, considering the marketplace quality improvements that were estimated to put a couple of percent drag on figures (but worth it for a better sustainable business long term).
I'm open to the make up of revenues. I think it is still too early to see much up tick in Escrow numbers from the payment API work, but I am hopeful this will be a slow burn adding recurring revenues over the coming years.
The freelancer marketplace should show revenue growth, I think, and if it doesn't I will need convincing that there isn't a wider problem.
I'm taking heart from the recent run up, as I am mindful that all FLN staff have good visibility of business performance metrics, so I am inclined to think they must be positive.
FLN Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held
