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Equity Bottom-Up

<p>Freelancer reported FY24 results that confirmed that the core Freelancer marketplace saw improved customer acquisition and retention in Q424, providing positive momentum going into FY25. With a streamlined cost base and a focus on using AI to deliver a wider range of quality services at a lower cost, management is targeting double-digit revenue growth and sustainable profitability in FY25. We have revised up our FY25 forecasts to reflect the better performance in Q424.</p>

Freelancer reported FY24 results that confirmed that the core Freelancer marketplace saw improved customer acquisition and retention in Q424, providing positive momentum going into FY25. With a streamlined cost base and a focus on using AI to deliver a wider range of quality services at a lower cost, management is targeting double-digit revenue growth and sustainable profitability in FY25. We have revised up our FY25 forecasts to reflect the better performance in Q424.

Freelancer — Q424 results point to stronger FY25

Freelancer Ltd

Freelancer — Q424 results point to stronger FY25