on FREELANCE.COM (EPA:ALFRE)
Freelance.com: 1st Quarter 2024 Revenue Increases by 24%
Freelance.com (Euronext Growth Paris - FR0004187367 - ALFRE), a key player in the external talent management market, reported revenues of €258.2 million for the first quarter of 2024. This marks a significant 24% increase compared to the same period in 2023.
In France, the company achieved a revenue of €191.3 million, reflecting a 39% year-on-year increase. This growth was driven by acquisitions, although organic growth was a modest 4% due to economic challenges.
Internationally, Freelance.com recorded a revenue of €66.9 million, a 5% decrease from the previous year. The decline was attributed to strong first-half performance in 2023 that created a high comparison base.
The company maintains its guidance for slight positive organic growth in 2024. Recent acquisitions are projected to bolster sales and enhance their position in the market. Freelance.com remains vigilant for further external growth opportunities in France and Europe.
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