Freelancer reports record FY15 results

Company News

Freelancer Limited (ASX:FLN) has reported a 48 per cent increase in revenue to $38.6 million in its FY15 results.
 
Gross Payment Volume for the year grew strongly to $229.3 million, up 120 per cent on the previous corresponding period.
 
As at 31 December 2015, the company held cash and equivalents of $32.2 million. 
 
Focusing on increased investment in talent during FY15, the company delivered positive operating cash flow of $1.5 million.
 
Freelancer says its growth continues to accelerate and 2016 will be an exceptional year for the company.