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    FLN   AU000000FLN2

FREELANCER LIMITED

(FLN)
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Freelancer Wins Nasa Task Order Under Open Innovation Services 2 Contract for National Institute of Child Health

02/03/2021 | 06:58pm EDT

Freelancer Limited announced that it had won the NASA task order NOIS-017 National Institute of Child Health and Human Development Maternal Morbidity and Mortality Data Analysis Challenge for the National Institute of Child Health. Through the Human Development Maternal Morbidity and Mortality Data Analysis Challenge, the National Institute of Child Health and the Eunice Kennedy Shriver National Institute of Child Health and Human Development (NICHD) are looking to spur new research hypotheses in maternal mortality, morbidity, and severe maternal morbidity through innovative exploration of NICHD's large databases. With no limits to how participants can approach the problem, the hope will be to find new insights into risk factors. Freelancer built and operates the world's largest crowdsourcing platform that guides innovation having hosted over 12,000 challenges in data science. The platform provides the NIH/NICHD immediate access to crowd of over 3 million data scientists, of which over 350,000 reside in the United States. As part of this work, Freelancer taps into the expertise of Adiona, an Australian based data analytics company with experience in data science and machine learning for industries including healthcare, medical devices, supply chain, and logistics. Their staff includes multiple PhD-qualified data scientists with expertise in healthcare analytics and specific relevant techniques such as deep learning (CNN, RNN, Transformer), supervised and unsupervised machine learning (labeling, NN, clustering), and the required statistical techniques e.g. Bayesian, Markov, Monte Carlo. The company's FlexOps platform has won numerous competitive awards such as the AIIA iAward for Big Data Innovation. This is the second task order won by Freelancer under the USD 25 million NASA Open Innovation Services 2 joint tender and is valued at USD 475,000, of which USD 400,000 will be paid to freelancers on the platform in the form of prizes (GMV).


ę S&P Capital IQ 2021
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Financials
Sales 2020 58,8 M 43,6 M 43,6 M
Net income 2020 -0,65 M -0,48 M -0,48 M
Net cash 2020 9,33 M 6,93 M 6,93 M
P/E ratio 2020 -338x
Yield 2020 -
Capitalization 321 M 238 M 238 M
EV / Sales 2019 4,43x
EV / Sales 2020 3,58x
Nbr of Employees 419
Free-Float 16,8%
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Managers and Directors
Robert Matthew Barrie Executive Chairman & Chief Executive Officer
Neil Leonard Katz Chief Financial Officer & Secretary
Jun Yao Vice President-Engineering
Yves Sy Associate Vice President-Technical Operations
Thomas George Compliance Director
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