Freelancer Ltd. Reports 8% Revenue Increase and Higher Adjusted Operating Profit in H125 Despite 2.4% GMV Decline
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Freelancer Ltd. reported an 8% revenue increase in H125, despite a 2.4% decline in gross marketplace volume (GMV). The company improved its take rate in Escrow.com and Loadshift, resulting in positive net cash flow and a rise in adjusted operating profit. Operational efficiency, cost optimization, and investments in AI tooling have maintained product quality and stimulated demand, indicating potential for significant operational leverage with future GMV growth.
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