Freelancer - Q424 results point to stronger FY25

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.

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