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Freelancer Limited (ASX:FLN)

ALERT: Price-sensitive ASX Announcement for FLN
Current share price for FLN : $0.110 -0.08 (-42.11%)+
Announcement
Release
25 Feb 2026 8:23AM
Price at Release
$0.190
Full Release
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Summary
Freelancer Limited reported a remarkable financial performance for the fiscal year 2025, achieving record profitability with a net profit after tax of A$2.2 million, reversing from a loss in the previous year. The company's revenue grew by 4.1% to A$55.3 million, bolstered by record revenue at Escrow.com, which saw an 18.8% increase. Despite a decline in Gross Marketplace Volume, the company's operational profit before tax surged by 162%. Loadshift also marked its first profitable year with a revenue increase of 12.4%. The company focused on leveraging AI technologies to enhance efficiency and customer experience, aiming for continued growth and profitability in FY26.
Key Points
  • Freelancer Limited achieved record profitability in FY25, with a net profit after tax (NPAT) of A$2.2 million, a significant swing from a loss in FY24.
  • Revenue increased by 4.1% to A$55.3 million, driven by record revenue from Escrow.com.
  • The company maintained a strong gross margin of 85.2%, benefiting from improved Escrow take-rate and payment gateway cost optimization.
  • Escrow.com achieved its fifth consecutive year of profitability with a revenue of A$12.3 million, an 18.8% increase.
  • The Loadshift platform recorded a 12.4% increase in revenue, marking its first profitable year.
  • Despite a decrease in the Gross Marketplace Volume (GMV) by 7.1% to A$881.5 million, operational profit before tax grew by 162%.
  • Cash and cash equivalents stood at A$22.9 million at the end of December 2025, despite a slight decline from the previous year.
  • The company is focused on technological enhancements, particularly in AI, to further improve operational efficiency and customer experience.
  • Freelancer Limited targets double-digit revenue growth and sustained operating profit exceeding A$500k per month in FY26.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.