Freelance.com: Persistently robust growth in France and internationally
Freelance.com
Press release - 28 February 2022
Persistently robust growth in France and internationally Q4 2021 revenue: €178m (+67%) 2021 published revenue: €502.4m (+55%) 2021 pro-forma revenue: €671m
Freelance.com (Euronext Growth Paris - FR0004187367 - ALFRE), the leader in relationship management between businesses and their external talent, has published its consolidated revenue for financial year 2021 (period from 1 January to 31 December 2021).
(1) including Coworkees, TMC France and Helvetic Payroll, consolidated from 5 March, 1 July and 1 November 2021, respectively.
Q4 2021 revenue: reflecting an adapted offer and acquisition momentum Freelance.com generated consolidated revenue of €178.0m in Q4 2021 versus €106.3m in Q4 2020, i.e. +67% year-on-year. This robust growth was driven by both the quality of business momentum (+31% organic growth) and the consolidation of Helvetic Payroll, a recently acquired Swiss company consolidated in the Group's financial statements since 1 November 2021. Consolidated revenue for full-year 2021 amounted to €502.4m, up 55% compared to 2020 (+24% organic growth). In France, Freelance.com delivered consolidated revenue of €406.5m in 2021, up 49% year-on-year, representing 81% of the Group's total consolidated revenue. International revenue shot up 85% in 2021 to €96m, including Helvetic Payroll as of 1 November 2021.
Better-than-expected 2021 pro-forma revenue (€671m) Pro forma revenue, which incorporates all revenue over 12 months for the entire scope of operation, came out at €671m, i.e. doubling 2020 published revenue and exceeding previously reported guidance. The Group, having set the ambition of serving as an international freelancing expert, has completed strategic acquisitions, opening the door to new market segments and new geographic sectors.
Freelance.com confidently reiterates its targets The momentum achieved over the course of 2021, combined with the favourable development of underlying activities and the full-year integration of offers and expertise gained from acquisitions, gives Freelance.com the confidence to reiterate its target of making 2022 another year for double-digit growth. With a strong, tried-and-tested business model, the Group has confirmed its revenue guidance of €1 billion in the medium term.
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About Freelance.com Name: FREELANCE.COM
Regulatory filing PDF file File: Persistently robust growth in France and internationally |
Language: | English |
Company: | Freelance.com |
1, parvis de La Défense | |
92044 PARIS LA DEFENSE CEDEX | |
France | |
Phone: | 0614455821 |
E-mail: | [email protected] |
Internet: | www.freelance.com |
ISIN: | FR0004187367 |
Euronext Ticker: | |
AMF Category: | Inside information / News release on accounts, results |
EQS News ID: | 1291501 |
End of Announcement | EQS News Service |
1291501 01-March-2022 CET/CEST