Freelancer marks strong cash flow to June
Freelancer (ASX:FLN) has marked a strong performance for the first six months of this year with net operating positive cash flow of $1.35 million on revenue of $11.85 million.
The world's largest outsourcing market place reported net operating cash flow of $246,000 on revenue of $18.54 million in the full 12 months of 2013. It has also made a number strategic acquisitions.
It remains well cashed up with $19.7 million in cash as of 30 June 2014.
Cash outflows of $3.9 million for the quarter included cash consideration for various intangible assets relating to the acquisition of Warrior Forum as well as capital expenditures and the provision of security deposits relating to the expansion and fit-out of the Company's operations.
Recent Update
The company had earlier this month launched Warrior Payments, an all-in-one payments, analytics, affiliate marketing and distribution platform that supports its internet marketing forum Warrior Forum.
Analysis
With net operating positive cash flow of $1.35 million in the first 6 months of 2014 exceeding the $246,000 it recorded in the entirety of 2013, Freelancer is well positioned to record strong results this year.
Market reports
-
Mining | 2014-07-30
South Boulder Mines公司Colluli项目引来香港投资者
-
Mining | 2014-07-30
South Boulder Mines公司将披露战略批股
-
Mining | 2014-07-29
Carnarvon Petroleum公司于Phoenix South-1井观察天然气及相关流体情况
-
Mining | 2014-07-29
South Boulder Mines公司迅速推进硫酸钾肥项目PFS
-
Mining | 2014-07-24
White Cliff Minerals公司收到研发税费退款
-
Mining | 2014-07-24
Thundelarra有限公司通过超额认购配售筹得750万澳元
-
Mining | 2014-07-22
Yellow Rock Resources公司加紧钒矿开采
-
Mining | 2014-07-22
Thundelarra公司为集资而中止交易
-
Mining | 2014-07-22
South Boulder Mines公司用Colluli盐矿确认硫酸钾开采
-
Oil | 2014-07-18
Carnarvon Petroleum公司对Phoenix South-1井进行更新
-
Mining | 2014-07-17
White Cliff Minerals公司在吉尔吉斯斯坦Chanach项目交付数量可观的金铜矿
-
Oil | 2014-07-17
Carnarvon Petroleum公司推进泰国石油开采
-
Mining | 2014-07-15
White Cliff Minerals公司披露Chanach铜金矿项目测定结果
-
Mining | 2014-07-14
Thundelarra公司在Red Bore探得DSO品级铜矿
-
Mining | 2014-07-14
White Cliff Minerals公司大股东获得市售股份
-
General mining | 2014-07-14
KGL Resources hits best ever 26% copper drilling at Jervois
-
Mining | 2014-07-10
Thundelarra公司为Red Bore钻井鉴定结果做好准备
-
Finance | 2014-07-02
ASF Group为其投资组合筹集1000万澳元资本
-
Mining | 2014-06-30
South Boulder Mines公司董事长购买市售股份
-
Mining | 2014-06-30
White Cliff Minerals公司在Merolia发现新镍矿异常
China stock news
-
WPG Resources could have Tarcoola producing gold in 18 months
2014-07-31 -
Admedus delivers more stellar results
2014-07-30 -
Highfield Resources to target initial mine at Muga Potash Project
2014-07-29 -
KGL Resources hits 50.9% lead and 551g/t silver at Jervois
2014-07-29 -
Spectrum Rare Earths increases grades at Skyfall Magnetic Rare Earth project
2014-07-28 -
MacPhersons Resources raising up to A$10.4M to complete Nimbus BFS
2014-07-28 -
Legend Mining increases footprint in Fraser Range
2014-07-25 -
Base Resources' Kwale project drives positive operating cash flows
2014-07-25 -
TZ Limited granted patent for SMArt locking devices
2014-07-24 -
Admedus increases interest in Prof Ian Frazer’s vaccines
2014-07-24 -
SomnoMed hits high gear, sales records for sleep apnea appliances
2014-07-23 -
Aspire Mining to supply Ovoot coal to Zavkhan power station
2014-07-23 -
Yellow Rock Resources steps on vanadium pedal
2014-07-22 -
Freelancer launches Warrior Payments
2014-07-22 -
Poseidon Nickel moves fast to re-start Black Swan nickel plant
2014-07-21
