Freelancer Limited Sees Positive Growth in FY24 Financial Results
Freelancer Limited reports positive FY24 financial results with GMV of $948.6 million and revenue of $53.1 million. Despite a revenue decline, the company sees improved profitability, increased cash reserves, and reduced operating costs, setting the stage for future expansion in FY25.
This news matters as it showcases Freelancer Limited's strong financial performance for FY24, despite a revenue decline. The significant improvement in profitability, cash reserves, and reduction in operating costs position the company well for future expansion and growth in FY25.
