Why FLN still suffer on their share price?, page-49

@8horse

based on the website count
http://www.marketinghub.info/ASX/freelancer.php?reporting=true&startdate=2020-01-01

In Q1, they had 495380 projects and a cash receipt of AUD13.9 - 2 for escrow.com = [email protected] exchange rate then = USD7.26m

In Q2, they had 608967 projects, a 23% increase, so they would have received USD8.93m

So total freelancer.com revenue would be [email protected] exchange = $23m, and plus another 1m or 1.5m for enterprise revenue give max 24.5m, plus escrow.com of $4m = $28.5 on par with 1HFY19. It could be a little higher, but 10-20% revenue increase will not be on the card.

They might make around $700k profit as they didn't run the annual event.

and funny enough, at 30 June 2019, the exchange rate is 70c as well, so Matt won't be able to argue some of his points.

in their Q1 report, they made a mistake stating all cash receipt is from freelancer.com.