FLN freelancer limited

Interestingly, the revenue note shows enterprise is going...

  1. 149 Posts.
    lightbulb Created with Sketch. 41
    Interestingly, the revenue note shows enterprise is going backwards, with Payments (escrow.com I guess) driving the biggest growth, ~1/3 up

    https://hotcopper.com.au/data/attachments/7168/7168180-142026d1d7bc033d8ab4a951bcced3d1.jpg


    Forex certainly a contributor, but doesn't look to be of major concern. Top line revenue growth with a huge improvement in GP% (80% to 85% which in reality is a 25% reduction in cost per revenue dollar generated) is a big win. Even if you backed out the forex swing of $1.2m YoY improvement we're still in a healthy profit before tax standing

    https://hotcopper.com.au/data/attachments/7168/7168166-930604a31b614f6e6f46a2d53a6116c2.jpg



 
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