Freelancer Ltd. Reports Q3 2024 Earnings

Freelancer Ltd., an Australian company based in Sydney, has disclosed its financial results for the third quarter of 2024. The company, which operates in the industrial sector, specializes in providing professional services, including online payment and transaction management for consumers and businesses globally.

In its latest financial update, Freelancer Ltd. reported that its stock price has experienced fluctuations within a narrow range over the past year. The company’s 52-week high was AUD 0.23, achieved on April 23, 2025, while the 52-week low was AUD 0.15, recorded on December 8, 2024. As of May 6, 2025, the closing price stood at AUD 0.215.

The financial metrics reveal a complex landscape for the company. The price-to-earnings (P/E) ratio is currently at -116.67, reflecting challenges in profitability. Meanwhile, the price-to-book (P/B) ratio is 4.23, suggesting a higher market valuation relative to its book value.

Freelancer Ltd. maintains a market capitalization of AUD 96,950,000 and is listed on the ASX All Markets. The company continues to focus on its core services, catering to a global clientele through its online marketplace for freelancers.

These financial results highlight the ongoing challenges and opportunities within the professional services sector, as Freelancer Ltd. navigates its market position and strategic initiatives.