FLN 0.00% 18.0¢ freelancer limited

Very little new information here. Interesting to see the 74%...

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  1. 507 Posts.
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    Very little new information here. Interesting to see the 74% USD, 9% AUD revenue breakdown again.

    Means FY23 $A3.7M earned in Australia, down from $A5.0M in FY22 (but up from $A3.4M in FY21). Hard to interpret, given how coy they've been about revenues from Freightlancer (obviously they have Escrow and marketplace excluding Freightlancer revenue in Australia too).

    Strange that they don't break out Freightlancer numbers into a third segment. It's a business with a different ownership model (60% vs 100%), different geographical property (Australia vs global) and duration of operation (3 years under FLN's management vs 15 years).
 
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