Australian investors are very conservative. Both Elmo and Nearmap more or less tripled their revenue in the past 4 years. Potentia and Tyro doubled theirs (FLN's equivalent is a whopping 14% in the same period).
Whether people like it or not, running at a loss for a while to take over the market is how tech firms do it, which is why FLN is where it is relative to UPWK, FVRR and Toptal. It just plain didn't raise enough money and what little it did it frittered away on non-core businesses. Now Matt has a local trucking matchmaker and an escrow business, not to mention a tech conference and a forum.
Australian investors are very conservative. Both Elmo and...
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18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $81.16M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 68815 | 2 |
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