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Ann: Appendix 3Y, page-19

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    lightbulb Created with Sketch. 92
    They don't earn that much from it, FLN takes 10% from what Deloitte pays to Freelancers, If you listened to the last call where Deloitte was projecting in many years to be spending up to 50 million a year through the platform then FLN is only taking 5 million, with FLN decline in revenue to continue that 5 million won't even get you back to the highs of $58.77 million in 2020.

    Also, the platform is still very freelancer centric, deloitte posts a project builds the teams, completes the project, freelancer again waiting for work to come their way.

    The enterprise platform also doesn't pay superannuation, government taxes or allow employees to accrue leave so it's not really any better than the retail platform, it can't compete with platforms like Deel whose market cap is now 12 billion
    Last edited by 521207126: 12/04/23
 
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