Freelancer Ltd (OTCPK:FLNCF)
$ 0.1 -0.00295 (-2.87%) Market Cap: 47.48 Mil Enterprise Value: 45.81 Mil PE Ratio: 0 PB Ratio: 3.47 GF Score: 20/100
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Q4 2020 Freelancer Ltd Earnings Call Transcript

Feb 01, 2021 / NTS GMT
Release Date Price: $0.475
Robert Matthew Barrie
Freelancer Limited - Founder, Executive Chairman & CEO

Hello, and welcome to the Freelancer Limited Fourth Quarter Financial Results Conference Call. Joining me today, I have our Chief Financial Officer, Neil Katz

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of the fourth quarter results, and then I'll open up to questions and answers. So please save your Q&A for the end. And as always, you can direct your questions to any one of the 4 of us in the room.

So today, we announced our fourth quarter results. I'll just go through the slides. Overall, it was a pretty good quarter. The group gross payment volume was an all-time record of USD 191.8 million, which was up 47.5% on the previous corresponding period or AUD 261.8 million, up 37.7% on pcp. In the fourth quarter, we had the second highest on record gross marketplace volume for Freelancer.com, which is after the third quarter numbers at USD 25.9 million, which was up 20.0% on pcp or in Australian dollars, it was $35.5 million, up 12.3% of pcp.

Escrow had its best quarter ever by a long way. The GPV was an all

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