Q1 2020 Freelancer Ltd Earnings Call Transcript
Welcome to the Freelancer Limited Quarter 1 2020 Business Update. I'd like to introduce your host, Matt Barrie, Chief Executive of Freelancer Limited. Go ahead, please, Matt.
Great. Thank you, and welcome to the First Quarter of 2020 Financial Results for Freelancer Limited. On the call today, we have Neil Katz, the Chief Financial Officer of the business; we have Adam Byrnes, who's the Vice President of Product; and we have Sarah Tang, who's the Vice President of Enterprise and Sales. So if you'd like to, after the commentary, address any questions to any of the 4, either of us will be happy to answer your question for you.
So I'll move on now to the commentary. For those of you, I will be working through the release that we put out in the ASX about 1 hour ago.
Starting with the quarterly cash flow and activity report. In the quarter, we delivered cash receipts of $13.9 million, which was down 1% on pcp. Group gross payment volume for the quarter was an all
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