Freelancer Ltd. Reports 8% Revenue Increase and $1.9M Profit in 1H25, Reversing Prior Year Loss
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Freelancer Ltd. reported an 8% revenue increase to $28.0 million and a net profit of $1.9 million for the first half of 2025, reversing a $1.0 million loss from the previous year. The growth was driven by a 3.1% rise in Freelancer's revenue and a 32.3% increase in Escrow.com's revenue. Operating cash flow rose to $6.8 million, with cash and equivalents totaling $26.0 million. The company aims to maintain a monthly operating profit of at least $500k and plans to enhance AI-driven innovation and expand its financial services.
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