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Freelance.com Achieves Strong Revenue Growth in 2024 Amidst Market Challenges

Story Highlights
  • Freelance.com reported a 21% increase in Q4 revenue and a 22% rise in full-year revenue for 2024.
  • The company remains cautious about 2025 due to geopolitical and macroeconomic uncertainties.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Freelance.com Achieves Strong Revenue Growth in 2024 Amidst Market Challenges

Freelance.com ( (FR:ALFRE) ) has shared an announcement.

Freelance.com reported a 21% increase in its fourth-quarter revenue for 2024, reaching €290.0 million, and a 22% rise in full-year revenue, totaling €1,049.7 million. The company achieved slight positive organic growth for the year, despite challenges in the French market due to the performance of its wage portage business and macroeconomic factors. The integration of the Prium Group temporarily impacted organic growth, while international operations showed stabilization with consecutive quarters of positive growth. Looking ahead, Freelance.com remains cautious about 2025 due to geopolitical and macroeconomic uncertainties, although there are positive signals from its intermediation business in France and wage portage in Switzerland.

More about Freelance.com

Freelance.com is a European leader in Talent as a Service (TAAS) solutions, facilitating connections between large companies and external talents. The company offers services such as expertise sourcing, project management, commercial support, wage portage, and compliance management. It operates with a community of over 150,000 consultants and experts, delivering more than 19,000 services in 2024. With a presence in France and internationally, Freelance.com is recognized as a key player in the ‘Future of Work’ and has been acknowledged as a ‘Growth Champion’ for 2023 and 2024.

YTD Price Performance: -7.56%

Average Trading Volume: 1,205

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €159.4M

For detailed information about ALFRE stock, go to TipRanks’ Stock Analysis page.

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