FLN

5.26%

20.0¢ freelancer limited

Wow, FVRR shredded estimates, as you suggest grasshopper, they...

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yellowfin

1,658 Posts.

151

06/08/20

06:18

Post #: 46334569

Originally posted by grasshopper05: ↑
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) Total AUD/USD
1 Revenue Apr-Jun 20 (USD) $15,220,000 $47,130,000 $87,531,000 $10,456,140 $145,117,140 0.687
2 Revenue Apr-Jun 19 (USD) $14,326,000 $25,910,000 $74,260,000 $9,979,492 $110,149,492 0.6966
3 Change YoY $894,000 $21,220,000 $13,271,000 $476,648 $34,967,648
4 Change YoY % 6.24% 81.90% 17.87% 4.78% 31.75%
5 Market Share June 20
32.5% 60.3% 7.2%

6 Market Share June 19
23.5% 67.4% 9.1%

7 Growth Captured
60.7% 38.0% 1.4%

Expand

Wow, FVRR shredded estimates, as you suggest grasshopper, they smashed the ball out of the park. Shares rose 18% to $ 122-87 and MC of USD $ 4.3Billion that equates to nearly AUD $ 6.1Billion. If FLN were valued at a comparative level they would be worth $13 per share!!
UPWK gave back it's huge rise over the past couple of days but is still over listing price of $15.

FLN Price at posting: 62.0¢ Sentiment: Hold Disclosure: Held

1 Upvote

0 Great analysis

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(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

No.	Vol.	Price($)
1	48080	0.200
1	3840	0.190
1	99854	0.185
1	23571	0.180
1	16000	0.175

Price($)	Vol.	No.
0.215	13000	1
0.220	12752	2
0.230	490	1
0.240	4166	1
0.245	30857	1

Last trade - 14.52pm 26/07/2024 (20 minute delay)

FLN (ASX) Chart

Wow, FVRR shredded estimates, as you suggest grasshopper, they...

Nine's staff strike as Paris Olympic coverage begins

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

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Buyers (Bids)

Sellers (Offers)

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		FLN (AUD)	FVRR (USD)	UPWK (USD)	FLN (USD)	Total	AUD/USD
1	Revenue Apr-Jun 20 (USD)	$15,220,000	$47,130,000	$87,531,000	$10,456,140	$145,117,140	0.687
2	Revenue Apr-Jun 19 (USD)	$14,326,000	$25,910,000	$74,260,000	$9,979,492	$110,149,492	0.6966
3	Change YoY	$894,000	$21,220,000	$13,271,000	$476,648	$34,967,648
4	Change YoY %	6.24%	81.90%	17.87%	4.78%	31.75%
5	Market Share June 20		32.5%	60.3%	7.2%
6	Market Share June 19		23.5%	67.4%	9.1%
7	Growth Captured		60.7%	38.0%	1.4%

Wow, FVRR shredded estimates, as you suggest grasshopper, they...

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Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

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