Freelance.com: Q1 2022 revenue: €181.5m
Freelance.com
Press release – 16 May 2022
Q1 2022 revenue: €181.5m Consolidated growth: +83.7% Organic growth: +24%
Accelerated internationalisation and strong growth
Freelance.com (Euronext Growth Paris - FR0004187367 - ALFRE), the leader in relationship management between businesses and their external talent, has published its revenue for the first quarter of 2022 (period from 1 January to 31 March).
*Not audited by the Statutory Auditors
Synergies and commercial strength within all Group entities
During the first quarter of 2022, Freelance.com made revenue of €181.5m, an increase of 83.7% compared with €98.8m in the first quarter of 2021. Business volumes benefited from the full contribution of Helvetic Payroll, which has been consolidated since 1 November 2021.
At constant scope, Group growth came out at 24% in the first quarter of 2022.
40% of revenue generated internationally In France, Freelance.com achieved total revenue of €108.7m in Q1, with organic growth of 27.7% versus the same period in 2021 (€85.1m), representing 60% of the group’s consolidated total. Internationally, revenue increased by a factor of 5.3 from €13.7m in Q1 2021 to €72.8m in Q1 2022, benefiting from the integration of Helvetic Payroll. Total activity generated internationally reached 40% of the Group’s revenue over the quarter, compared with 19% for the whole of 2021, an increase of 18%.
Double-digit growth target for 2022 and €1bn by 2025 The quality of growth achieved at the beginning of the year, the internal synergies at play, the positive trajectory of the underlying activities and the shared “Future of Work” vision within all of the Group entities are all factors that underpin Freelance.com’s ambition of double-digit growth for the current year and its revenue target of €1bn by 2025.
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About Freelance.com Group Name: FREELANCE.COM
Regulatory filing PDF file File: Q1 2022 revenue: €181.5m |
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: | 1353767 |
End of Announcement | EQS News Service |
1353767 16-May-2022 CET/CEST