Recent Insider Transactions • Jul 01
Founder recently bought AU$275k worth of stock On the 24th of June, Robert Barrie bought around 3m shares on-market at roughly AU$0.11 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Robert has been a buyer over the last 12 months, purchasing a net total of AU$1.4m worth in shares. Announcement • Jun 17
Freelancer Limited Announces Executive Changes, Effective June 16, 2026 Freelancer Limited announced that Mr. Dylan Carter, Chief Financial Officer of the Company, had been appointed Company Secretary of the Company effective June 16, 2026. This appointment formed part of the Chief Financial Officer transition from Mr. Neil Katz, who stepped down from the role of Company Secretary of the Company effective the same date. New Risk • May 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 43% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$54.1m market cap, or US$38.8m). Recent Insider Transactions • May 22
Founder recently bought AU$135k worth of stock On the 19th of May, Robert Barrie bought around 962k shares on-market at roughly AU$0.14 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Robert has been a buyer over the last 12 months, purchasing a net total of AU$1.4m worth in shares. Announcement • Apr 21
Freelancer Limited to Report Q1, 2026 Results on Apr 22, 2026 Freelancer Limited announced that they will report Q1, 2026 results on Apr 22, 2026 Announcement • Apr 13
Freelancer Limited, Annual General Meeting, May 14, 2026 Freelancer Limited, Annual General Meeting, May 14, 2026. Location: level 37, grosvenor place, 225 george street, sydney nsw 2000 Australia New Risk • Mar 05
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 8.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.5% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (AU$85.7m market cap, or US$60.0m). Reported Earnings • Feb 26
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: AU$0.005 (up from AU$0.002 loss in FY 2024). Revenue: AU$53.2m (up 4.3% from FY 2024). Net income: AU$2.17m (up AU$2.98m from FY 2024). Profit margin: 4.1% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Feb 23
Freelancer Limited to Report Fiscal Year 2025 Results on Feb 25, 2026 Freelancer Limited announced that they will report fiscal year 2025 results at 10:00 AM, AUS Eastern Standard Time on Feb 25, 2026 New Risk • Feb 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 28% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (AU$96.9m market cap, or US$68.7m). Board Change • Jan 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Craig Scroggie was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Dec 10
Founder recently bought AU$155k worth of stock On the 5th of December, Robert Barrie bought around 673k shares on-market at roughly AU$0.23 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$287k. Robert has been a buyer over the last 12 months, purchasing a net total of AU$1.4m worth in shares. Recent Insider Transactions • Oct 29
Founder recently bought AU$92k worth of stock On the 21st of October, Robert Barrie bought around 382k shares on-market at roughly AU$0.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$287k. Robert has been a buyer over the last 12 months, purchasing a net total of AU$1.2m worth in shares. Announcement • Oct 20
Freelancer Limited to Report Q3, 2025 Results on Oct 22, 2025 Freelancer Limited announced that they will report Q3, 2025 results on Oct 22, 2025 Recent Insider Transactions • Sep 24
Founder recently bought AU$209k worth of stock On the 23rd of September, Robert Barrie bought around 834k shares on-market at roughly AU$0.25 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Robert has been a buyer over the last 12 months, purchasing a net total of AU$866k worth in shares. Recent Insider Transactions • Sep 05
Founder recently bought AU$102k worth of stock On the 29th of August, Robert Barrie bought around 433k shares on-market at roughly AU$0.23 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$140k. Robert has been a buyer over the last 12 months, purchasing a net total of AU$638k worth in shares. New Risk • Aug 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 28% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$139.8m market cap, or US$91.2m). Reported Earnings • Jul 30
First half 2025 earnings released: EPS: AU$0.004 (vs AU$0.002 loss in 1H 2024) First half 2025 results: EPS: AU$0.004 (up from AU$0.002 loss in 1H 2024). Revenue: AU$27.1m (up 8.5% from 1H 2024). Net income: AU$1.92m (up AU$2.93m from 1H 2024). Profit margin: 7.1% (up from net loss in 1H 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jul 23
Freelancer Limited to Report First Half, 2025 Results on Jul 29, 2025 Freelancer Limited announced that they will report first half, 2025 results on Jul 29, 2025 Recent Insider Transactions • Jun 17
Founder recently bought AU$92k worth of stock On the 10th of June, Robert Barrie bought around 461k shares on-market at roughly AU$0.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$140k. Robert has been a buyer over the last 12 months, purchasing a net total of AU$513k worth in shares. Announcement • Apr 11
Freelancer Limited, Annual General Meeting, May 14, 2025 Freelancer Limited, Annual General Meeting, May 14, 2025. Location: at level 37, grosvenor place, 225 george street, sydney nsw 2000, sydney Australia Announcement • Apr 10
Freelancer Limited to Report Q1, 2025 Results on Apr 14, 2025 Freelancer Limited announced that they will report Q1, 2025 results at 10:00 AM, AUS Eastern Standard Time on Apr 14, 2025 Reported Earnings • Feb 27
Full year 2024 earnings released: AU$0.002 loss per share (vs AU$0 in FY 2023) Full year 2024 results: AU$0.002 loss per share (further deteriorated from AU$0 in FY 2023). Revenue: AU$51.0m (down 4.4% from FY 2023). Net loss: AU$814.0k (down AU$1.00m from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings. Announcement • Feb 20
Freelancer Limited to Report Fiscal Year 2024 Results on Feb 26, 2025 Freelancer Limited announced that they will report fiscal year 2024 results on Feb 26, 2025 New Risk • Feb 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.0% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (AU$74.4m market cap, or US$47.0m). New Risk • Nov 02
New major risk - Revenue and earnings growth Earnings have declined by 4.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$85.7m market cap, or US$56.2m). Announcement • Oct 18
Freelancer Limited to Report Q3, 2024 Results on Oct 23, 2024 Freelancer Limited announced that they will report Q3, 2024 results on Oct 23, 2024 Reported Earnings • Aug 04
First half 2024 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in 1H 2023) First half 2024 results: AU$0.002 loss per share (further deteriorated from AU$0.001 loss in 1H 2023). Revenue: AU$25.0m (down 8.0% from 1H 2023). Net loss: AU$1.01m (loss widened 190% from 1H 2023). Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. New Risk • Aug 02
New major risk - Revenue and earnings growth Earnings have declined by 4.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (AU$85.7m market cap, or US$55.8m). Announcement • Aug 01
Freelancer Limited Appoints Craig Scroggie as Non-Executive Director Freelancer Limited announced the appointment of Craig Scroggie, CEO and Managing Director of NEXTDC, as a Non-Executive Director of the Company, effective 1 August 2024. Craig Scroggie is the CEO and Managing Director of NEXTDC. With over 30 years of experience in the ICT industry, Craig brings a wealth of knowledge and expertise to Freelancer's board. Throughout his career, Craig has held senior positions with industry giants such as Symantec, Veritas Software, Computer Associates, EMC Corporation, and Fujitsu. Under Craig's leadership, NEXTDC has become a cornerstone of Australia's digital economy, providing critical services to businesses across the country and beyond. He leads a team of experts in delivering essential power, security, and connectivity solutions for global cloud computing providers, enterprise, and government across the region. Craig's expertise spans strategic planning and execution in high-growth tech environments, data centre operations, corporate governance, innovation, and sustainability. Craig also serves on the Board of Sovereign Cloud Holdings and is also deeply involved in academia, serving on the University of Southern Queensland Business School Advisory Board and as Chairman of the La Trobe University Business School Advisory Board, where he also holds the position of Adjunct Professor. Craig holds a Master of Business Administration. His contributions to the industry have been widely recognized. In 2013, Craig was awarded the University of Southern Queensland Faculty of Business & Law Alumnus of the Year. In 2015, he was inducted into the ARN ICT Industry Awards Hall of Fame, further cementing his status as a leader in the field. Announcement • Jul 26
Freelancer Limited to Report First Half, 2024 Results on Jul 30, 2024 Freelancer Limited announced that they will report first half, 2024 results on Jul 30, 2024 New Risk • Jun 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$85.7m market cap, or US$57.1m). Major Estimate Revision • Apr 26
Consensus EPS estimates fall by 21% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from AU$57.3m to AU$56.6m. EPS estimate also fell from AU$0.0033 per share to AU$0.0026 per share. Net income forecast to grow 534% next year vs 24% growth forecast for Professional Services industry in Australia. Consensus price target of AU$0.24 unchanged from last update. Share price was steady at AU$0.20 over the past week. Announcement • Apr 23
Freelancer Limited to Report Q1, 2024 Results on Apr 24, 2024 Freelancer Limited announced that they will report Q1, 2024 results on Apr 24, 2024 Announcement • Apr 12
Freelancer Limited, Annual General Meeting, May 14, 2024 Freelancer Limited, Annual General Meeting, May 14, 2024, at 16:00 E. Australia Standard Time. Location: Level 37, Gros venor Place, 225 George Street, Sydney New South Wales Australia Agenda: To consider the financial statements of the Company for the year ended 31 December 2023 together with the Directors' Declaration, the Directors' Report, the Remuneration Report and the Independent Auditor's Report; to consider non-binding resolution to adopt remuneration report; to consider re-election of Simon Clausen as a Director; and to consider other matters. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: AU$0 (vs AU$0.012 loss in FY 2022) Full year 2023 results: EPS: AU$0 (improved from AU$0.012 loss in FY 2022). Revenue: AU$53.3m (down 4.2% from FY 2022). Net income: AU$189.0k (up AU$5.60m from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 2 years, compared to a 1.3% growth forecast for the Professional Services industry in Australia. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings. Announcement • Feb 22
Freelancer Limited to Report Fiscal Year 2023 Results on Feb 27, 2024 Freelancer Limited announced that they will report fiscal year 2023 results on Feb 27, 2024 New Risk • Feb 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (AU$92.6m market cap, or US$60.1m). Announcement • Oct 20
Freelancer Limited to Report Q3, 2023 Results on Oct 24, 2023 Freelancer Limited announced that they will report Q3, 2023 results on Oct 24, 2023 New Risk • Aug 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$115.2m market cap, or US$75.2m). Reported Earnings • Jul 26
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.007 loss in 1H 2022) First half 2023 results: AU$0.001 loss per share (improved from AU$0.007 loss in 1H 2022). Revenue: AU$27.1m (down 7.3% from 1H 2022). Net loss: AU$349.0k (loss narrowed 89% from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Announcement • Jul 24
Freelancer Limited to Report First Half, 2023 Results on Jul 25, 2023 Freelancer Limited announced that they will report first half, 2023 results on Jul 25, 2023 Recent Insider Transactions • Apr 25
Founder recently bought AU$52k worth of stock On the 19th of April, Robert Barrie bought around 237k shares on-market at roughly AU$0.22 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$127k. Robert has been a buyer over the last 12 months, purchasing a net total of AU$416k worth in shares. Recent Insider Transactions • Mar 26
Founder recently bought AU$51k worth of stock On the 23rd of March, Robert Barrie bought around 230k shares on-market at roughly AU$0.22 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$127k. Robert has been a buyer over the last 12 months, purchasing a net total of AU$364k worth in shares. Recent Insider Transactions • Feb 26
Founder recently bought AU$127k worth of stock On the 23rd of February, Robert Barrie bought around 578k shares on-market at roughly AU$0.22 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Robert has been a buyer over the last 12 months, purchasing a net total of AU$307k worth in shares. Reported Earnings • Feb 22
Full year 2022 earnings released: AU$0.012 loss per share (vs AU$0.005 loss in FY 2021) Full year 2022 results: AU$0.012 loss per share (further deteriorated from AU$0.005 loss in FY 2021). Revenue: AU$55.7m (down 3.1% from FY 2021). Net loss: AU$5.41m (loss widened 140% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Feb 17
Freelancer Limited to Report Fiscal Year 2022 Results on Feb 22, 2023 Freelancer Limited announced that they will report fiscal year 2022 results on Feb 22, 2023 Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. No independent directors (3 non-independent directors). Founder, Executive Chairman & CEO Matt Barrie was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Oct 24
Freelancer Limited to Report Q3, 2022 Results on Oct 26, 2022 Freelancer Limited announced that they will report Q3, 2022 results on Oct 26, 2022 Reported Earnings • Jul 28
First half 2022 earnings released: AU$0.007 loss per share (vs AU$0.004 loss in 1H 2021) First half 2022 results: AU$0.007 loss per share (down from AU$0.004 loss in 1H 2021). Revenue: AU$29.2m (up 5.1% from 1H 2021). Net loss: AU$3.14m (loss widened 87% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Announcement • Jul 25
Freelancer Limited to Report Q2, 2022 Results on Jul 27, 2022 Freelancer Limited announced that they will report Q2, 2022 results on Jul 27, 2022 Announcement • Jun 24
Freelancer Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million. Freelancer Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: ordinary shares
Security Type: Common Stock
Securities Offered: 222,222,222
Price\Range: AUD 0.018
Discount Per Security: AUD 0.009
Transaction Features: Subsequent Direct Listing Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. No independent directors (3 non-independent directors). Founder, Executive Chairman & CEO Matt Barrie was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 22
Freelancer Limited, Annual General Meeting, May 25, 2022 Freelancer Limited, Annual General Meeting, May 25, 2022, at 16:00 AUS Eastern Standard Time. Location: Level 37, Gros venor Place, 225 George Street Sydney New South Wales Australia Agenda: To consider the financial statements of the Company for the year ended 31 December 2021 together with the Directors's Declaration, the Directors's Report, the Remuneration Report and the Independent Auditor's Report; to consider the adopt Remuneration Report; to consider the re-election of Matt Barrie as a Director. Announcement • Apr 21
Freelancer Limited to Report Q1, 2022 Results on Apr 27, 2022 Freelancer Limited announced that they will report Q1, 2022 results on Apr 27, 2022 Reported Earnings • Feb 22
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: AU$0.005 loss per share (down from AU$0.001 loss in FY 2020). Revenue: AU$57.4m (down 2.3% from FY 2020). Net loss: AU$2.26m (loss widened 249% from FY 2020). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 78%. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 8% per year. Announcement • Feb 02
Freelancer Limited to Report Q4, 2021 Results on Feb 22, 2022 Freelancer Limited announced that they will report Q4, 2021 results on Feb 22, 2022 Reported Earnings • Jul 28
First half 2021 earnings released: AU$0.004 loss per share (vs AU$0.003 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: AU$27.8m (down 5.7% from 1H 2020). Net loss: AU$1.68m (loss widened 48% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Full year 2020 earnings released: AU$0.001 loss per share (vs AU$0.004 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: AU$58.8m (up 1.5% from FY 2019). Net loss: AU$646.0k (loss narrowed 59% from FY 2019). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Feb 04
Freelancer Wins Nasa Task Order Under Open Innovation Services 2 Contract for National Institute of Child Health Freelancer Limited announced that it had won the NASA task order NOIS-017 National Institute of Child Health and Human Development Maternal Morbidity and Mortality Data Analysis Challenge for the National Institute of Child Health. Through the Human Development Maternal Morbidity and Mortality Data Analysis Challenge, the National Institute of Child Health and the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) are looking to spur new research hypotheses in maternal mortality, morbidity, and severe maternal morbidity through innovative exploration of NICHD's large databases. With no limits to how participants can approach the problem, the hope will be to find new insights into risk factors. Freelancer built and operates the world's largest crowdsourcing platform that guides innovation having hosted over 12,000 challenges in data science. The platform provides the NIH/NICHD immediate access to crowd of over 3 million data scientists, of which over 350,000 reside in the United States. As part of this work, Freelancer taps into the expertise of Adiona, an Australian based data analytics company with experience in data science and machine learning for industries including healthcare, medical devices, supply chain, and logistics. Their staff includes multiple PhD-qualified data scientists with expertise in healthcare analytics and specific relevant techniques such as deep learning (CNN, RNN, Transformer), supervised and unsupervised machine learning (labeling, NN, clustering), and the required statistical techniques e.g. Bayesian, Markov, Monte Carlo. The company's FlexOps platform has won numerous competitive awards such as the AIIA iAward for Big Data Innovation. This is the second task order won by Freelancer under the USD 25 million NASA Open Innovation Services 2 joint tender and is valued at USD 475,000, of which USD 400,000 will be paid to freelancers on the platform in the form of prizes (GMV). Announcement • Jan 27
Freelancer Limited to Report Q4, 2020 Results on Feb 01, 2021 Freelancer Limited announced that they will report Q4, 2020 results at 9:00 AM, AUS Eastern Standard Time on Feb 01, 2021 Is New 90 Day High Low • Jan 27
New 90-day high: AU$0.62 The company is up 25% from its price of AU$0.49 on 29 October 2020. The Australian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Professional Services industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 23
New 90-day high: AU$0.58 The company is up 2.0% from its price of AU$0.57 on 25 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 9.0% over the same period. Is New 90 Day High Low • Nov 03
New 90-day low: AU$0.47 The company is down 24% from its price of AU$0.62 on 05 August 2020. The Australian market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Professional Services industry, which is up 1.0% over the same period. Recent Insider Transactions • Oct 25
Founder recently bought AU$53k worth of stock On the 22nd of October, Robert Barrie bought around 100k shares on-market at roughly AU$0.53 per share. This was the largest purchase by an insider in the last 3 months. Robert has been a buyer over the last 12 months, purchasing a net total of AU$182k worth in shares. Announcement • Oct 19
Freelancer Limited to Report Q3, 2020 Results on Oct 21, 2020 Freelancer Limited announced that they will report Q3, 2020 results at 9:00 AM, AUS Eastern Standard Time on Oct 21, 2020 Announcement • Jul 23
Freelancer Limited to Report First Half, 2020 Results on Jul 29, 2020 Freelancer Limited announced that they will report first half, 2020 results on Jul 29, 2020