Freelancer Ltd (FLN) - Net Assets

Latest as of June 2025: AU$27.63 Million AUD ≈ $19.55 Million USD

Based on the latest financial reports, Freelancer Ltd (FLN) has net assets worth AU$27.63 Million AUD (≈ $19.55 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$83.64 Million ≈ $59.18 Million USD) and total liabilities (AU$56.01 Million ≈ $39.63 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Freelancer Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$27.63 Million
% of Total Assets	33.03%
Annual Growth Rate	N/A
5-Year Change	-8.4%
10-Year Change	-23.47%
Growth Volatility	124.05

Freelancer Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Freelancer Ltd's net assets have evolved over time, based on quarterly financial data. Also explore FLN asset base for the complete picture of this company's asset base.

Annual Net Assets for Freelancer Ltd (2009–2024)

The table below shows the annual net assets of Freelancer Ltd from 2009 to 2024. For live valuation and market cap data, see market value of Freelancer Ltd.

Year	Net Assets	Change
2024-12-31	AU$26.71 Million ≈ $18.90 Million	-0.41%
2023-12-31	AU$26.82 Million ≈ $18.98 Million	+1.36%
2022-12-31	AU$26.46 Million ≈ $18.73 Million	-15.53%
2021-12-31	AU$31.33 Million ≈ $22.17 Million	+7.42%
2020-12-31	AU$29.16 Million ≈ $20.64 Million	-2.59%
2019-12-31	AU$29.94 Million ≈ $21.18 Million	-3.66%
2018-12-31	AU$31.07 Million ≈ $21.99 Million	-2.66%
2017-12-31	AU$31.92 Million ≈ $22.59 Million	-9.79%
2016-12-31	AU$35.39 Million ≈ $25.04 Million	+1.38%
2015-12-31	AU$34.91 Million ≈ $24.70 Million	+107.63%
2014-12-31	AU$16.81 Million ≈ $11.90 Million	-8.58%
2013-12-31	AU$18.39 Million ≈ $13.01 Million	+474.12%
2012-12-31	AU$3.20 Million ≈ $2.27 Million	+30.47%
2011-12-31	AU$2.46 Million ≈ $1.74 Million	-16.30%
2010-12-31	AU$2.93 Million ≈ $2.08 Million	+1933.13%
2009-12-31	AU$-160.00K ≈ $-113.21K	--

Equity Component Analysis

This analysis shows how different components contribute to Freelancer Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 68380.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$38.92 Million	169.80%
Other Comprehensive Income	AU$1.75 Million	7.66%
Total Equity	AU$22.92 Million	100.00%

Freelancer Ltd Competitors by Market Cap

The table below lists competitors of Freelancer Ltd ranked by their market capitalization.

Company	Market Cap
Maoye International Holdings Limited F:5MIA	$46.26 Million
Ionic Rare EARTHS Ltd AU:IXR	$46.26 Million
XChange TEC.INC NASDAQ:XHG	$46.26 Million
Duksung KO:004830	$46.27 Million
Perdana Bangun Pusaka Tbk PT JK:KONI	$46.25 Million
AGROB Immobilien AG F:AGR3	$46.25 Million
Asia Green Energy Public Company Limited BK:AGE	$46.25 Million
Duxton Farms Ltd AU:DBF	$46.24 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Freelancer Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 23,151,000 to 22,920,000, a change of -231,000 (-1.0%).
Net loss of 814,000 reduced equity.
Other comprehensive income increased equity by 460,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-814.00K	-3.55%
Other Comprehensive Income	AU$460.00K	+2.01%
Other Changes	AU$123.00K	+0.54%
Total Change	AU$-	-1.00%

Book Value vs Market Value Analysis

This analysis compares Freelancer Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.85x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 3.18x to 2.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	AU$0.05	AU$0.15	x
2014-12-31	AU$0.04	AU$0.15	x
2015-12-31	AU$0.08	AU$0.15	x
2016-12-31	AU$0.08	AU$0.15	x
2017-12-31	AU$0.07	AU$0.15	x
2018-12-31	AU$0.07	AU$0.15	x
2019-12-31	AU$0.07	AU$0.15	x
2020-12-31	AU$0.06	AU$0.15	x
2021-12-31	AU$0.06	AU$0.15	x
2022-12-31	AU$0.05	AU$0.15	x
2023-12-31	AU$0.05	AU$0.15	x
2024-12-31	AU$0.05	AU$0.15	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Freelancer Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -3.55%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.60%
• Asset Turnover: 0.61x
• Equity Multiplier: 3.66x
Recent ROE (-3.55%) is above the historical average (-6.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	4.09%	4.01%	0.50x	2.03x	AU$-1.09 Million
2014	-10.99%	-7.08%	0.65x	2.39x	AU$-3.53 Million
2015	-8.04%	-7.27%	0.59x	1.88x	AU$-6.30 Million
2016	-3.31%	-2.22%	0.74x	2.01x	AU$-4.71 Million
2017	-14.95%	-9.49%	0.73x	2.15x	AU$-7.97 Million
2018	-4.78%	-2.86%	0.73x	2.29x	AU$-4.59 Million
2019	-5.32%	-2.75%	0.59x	3.28x	AU$-4.58 Million
2020	-2.22%	-1.10%	0.57x	3.56x	AU$-3.56 Million
2021	-8.16%	-3.93%	0.55x	3.81x	AU$-5.02 Million
2022	-23.75%	-9.73%	0.57x	4.26x	AU$-7.69 Million
2023	0.82%	0.35%	0.60x	3.83x	AU$-2.13 Million
2024	-3.55%	-1.60%	0.61x	3.66x	AU$-3.11 Million

Industry Comparison

This section compares Freelancer Ltd's net assets metrics with peer companies in the Internet Content & Information industry.

Industry Context

Industry: Internet Content & Information
Average net assets among peers: $190,977,433
Average return on equity (ROE) among peers: -104.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Freelancer Ltd (FLN)	AU$27.63 Million	4.09%	2.03x	$46.26 Million
Airtasker Ltd (ART)	$36.97 Million	-55.16%	0.48x	$86.21 Million
CAR Group Ltd (CAR)	$291.56 Million	39.33%	2.42x	$6.76 Billion
Camplify Holdings Ltd (CHL)	$65.50 Million	-5.51%	0.73x	$11.93 Million
Domain Holdings Australia Ltd (DHG)	$950.73 Million	3.60%	0.37x	$1.98 Billion
Frontier Digital Ventures Ltd (FDV)	$54.72 Million	-4.36%	0.11x	$117.16 Million
Love Group Global Ltd (LVE)	$288.34K	188.45%	6.31x	$3.30 Million
REA Group Ltd (REA)	$314.87 Million	34.84%	0.25x	$15.92 Billion
Rma Global Ltd (RMY)	$468.83K	-1036.13%	17.32x	$18.33 Million
Rent.com.Au Ltd (RNT)	$3.69 Million	-101.72%	0.36x	$53.34 Million

About Freelancer Ltd

AU:FLN Australia Internet Content & Information

Market Cap

$46.26 Million

AU$65.38 Million AUD

Market Cap Rank

#22178 Global

#816 in Australia

Share Price

AU$0.15

Change (1 day)

+0.00%

52-Week Range

AU$0.13 - AU$0.32

All Time High

AU$1.89