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Freelancer reports receipts from customers up 42%

February 02, 2015

Freelancer Limited, one of the largest providers of online staffing, reported receipts from customers rose 42.1% year over year in the fourth quarter to AUS$7.4 million (US$6.0 million). The sequential increase from the third quarter was 7.6%.

The company reported 14.3 million registered users for full year 2014, up 47.4% from 9.7 million in 2013.

In addition, the company reported 6.9 million projects and contests posted in 2014, up 32.7% from 5.2 million in 2013.

Freelancer is based in Australia and traded on the Australian Securities Exchange. It had its initial public offering in 2013.