Australia's Freelancer rises to over 1-year high on upbeat quarterly revenue

Freelancer

14/04/2025 03:06

** Shares of Freelancer Ltd FLN.AX rise 12.2% to A$0.230, their highest point since March 28, 2024

** The freelancing and crowdsourcing marketplace reports Q1 FY2025 revenue of A$14.1 million ($8.87 million), up 11.7% from same quarter last year

** Stock posts biggest intraday percentage gain since last December

** Stock up 27.8% YTD, including moves in current session

   ($1 = 1.5893 Australian dollars)

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com;))