FLN 5.26% 20.0¢ freelancer limited

Now that all 3 companies have released their quarterly results I...

  1. 99 Posts.
    lightbulb Created with Sketch. 37
    Now that all 3 companies have released their quarterly results I have updated the graph to reflect the latest results. Its pretty clear why the market is valuing FVRR the way it is compared to FLN. FVRR blew past expectations with yoy growth of 81.9%. To put that into perspective they have added 21m USD to their quarterly revenue in the past year which is the equivalent of 2 x FLNs total quarterly revenue. The theory posted on here by many FLN holders that they were just spending big on marketing and it wasn't sustainable might want to take note of the fact they achieved this huge growth whilst running at a Non-GAAP profit and on a GAAP basis running virtually breakeven.

    FLN (AUD)FVRR (USD)UPWK (USD)FLN (USD)TotalAUD/USD
    1Revenue Apr-Jun 20 (USD)$15,220,000$47,130,000$87,531,000$10,456,140$145,117,1400.687
    2Revenue Apr-Jun 19 (USD)$14,326,000$25,910,000$74,260,000$9,979,492$110,149,4920.6966
    3Change YoY$894,000$21,220,000$13,271,000$476,648$34,967,648
    4Change YoY %6.24%81.90%17.87%4.78%31.75%
    5Market Share June 20
    32.5%60.3%7.2%

    6Market Share June 19
    23.5%67.4%9.1%

    7Growth Captured
    60.7%38.0%1.4%


    https://hotcopper.com.au/data/attachments/2355/2355412-6bcd3dcc2e247204187bd820edd8eef3.jpg

 
watchlist Created with Sketch. Add FLN (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
0.010(5.26%)
Mkt cap ! $90.18M
Open High Low Value Volume
20.0¢ 20.0¢ 20.0¢ $384 1.92K

Buyers (Bids)

No. Vol. Price($)
1 48080 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 13000 1
View Market Depth
Last trade - 14.52pm 26/07/2024 (20 minute delay) ?
FLN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.