Q1 update and FY14 outlook
Operational updates for Q1 FY14
- Commissioned engineering lab in Vancouver and regional office in London
- Significantly expanded campus office in Manila
- Acquired leading marketplace in Poland, zlecenia.przez.net
- Acquired leading virtual content marketplace, fantero.com
Marketplace metrics for Q1 FY14
- Added approx. 1.1m users (including acquisitions) and 0.35m projects & contests
posted
FY14 full year outlook
- Continued focus on land grab; horizontally and vertically
- Increased investment in user, project and contest acquisition channels
- Continued investment in product & user experience to drive engagement
Recent product releases incl. assisted projects & productised service offering
expected to contribute to incremental growth
Additional product releases to be expected in 2H FY14
- Continually assess strategic and complementary growth opportunities
To view the UBS Emerging Companies Conference presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-FLN-792051.pdf
About Freelancer Limited:
Triple Webby award-winning Freelancer.com is the world's largest freelancing and crowdsourcing marketplace by total number of users and projects posted. Over 10.3 million registered users have posted 5.5 million projects and contests to date in over 600 areas as diverse as website development, logo design, marketing, copywriting, astrophysics, aerospace engineering and manufacturing. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN.
Source:
Freelancer Limited
Contact:
Matt Barrie Chief Executive Freelancer Limited WWW: www.freelancer.com