Logically, FLN should benefit from Corona. Google's COVID mini-site says that 'Remote Jobs' is a popular search phrase at the moment - https://www.google.com/covid19/
But my analytics panel is not showing a spike in projects posted or users registering - http://www.marketinghub.info/ASX/freelancer.php?reporting=true&startdate=2020-01-01
There were 2 significant spikes in users, but that seems to be due to partnership agreements - maybe 2 large companies registering 40-60k users each.
Projects posted is in line with the usual weekly trend. So companies have not expanded their outsourcing yet? Just firing some employees and having others work from home. Though possibly it could be a longer term trend. If 'work from home' works okay, then they might later consider outsourcing instead, like 'outsourced work from home - cheaper'.
Otherwise, March is looking similar to Jan and Feb - approx 20%+ higher projects posted than the same month last year.
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23.5¢ |
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Mkt cap ! $105.9M | |||
| Open | High | Low | Value | Volume |
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