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    Australia’s Freelancer falls on weak quarterly performance







    Australia’s Freelancer falls on weak quarterly performance

















    XM does not provide services to residents of the United States of America.

    XM does not provide services to residents of the United States of America.

    Reuters

    Australia’s Freelancer falls on weak quarterly performance

    BUZZ-Australia’s Freelancer falls on weak quarterly performance

    ** Shares of Australia’s Freelancer Ltd FLN.AX fall as much as 2.4% to A$0.205

    ** Freelancing and crowdsourcing marketplace posts Q1 gross merchandise value of A$31.5 mln ($20.46 mln), down 2.2% from the same quarter last year

    ** Posts Q1 FY24 net cash receipts of A$13.2 mln, down 3.6% VS Q1 FY23

    ** Co continues to optimise and extract cost efficiencies across all functions of business – Freelancer

    ** Stock up 13.5% this year, as of last close

    ($1 = 1.5399 Australian dollars)

    Reporting by Rishav Chatterjee in Bengaluru

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