AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Freelance.com

Earnings Release Feb 24, 2025

1350_iss_2025-02-24_b962419f-2852-4e84-8730-bbc3e5c99070.pdf

Earnings Release

Open in Viewer

Opens in native device viewer

Press Release – 24 February 2025

4 th quarter 2024 revenue: €290.0m (+21%)

Full year 2024 revenue: €1,049.7m (+22%)

Freelance.com (Euronext Growth Paris - FR0004187367 - ALFRE), a leader in the relationship between companies and their external talents, publishes consolidated results for the 4 th quarter of 2024 (period from 1 October to 31 December 2024).

Revenues
(unaudited consolidated data, in €m)
2024
consolidated
2023
consolidated
Change
9-month revenue 759.7 618.0 +23%
th quarter revenue
4
290.0 239.8 +21%
Full year revenue 1,049.7 857.7 +22%

In the 4 th quarter, the group's revenue amounted to €290.0m, a 21% year-on-year growth (+0% organically).

  • In France, Freelance.com delivered consolidated revenue of €217.5m in the 4 th quarter, up 27% compared with the 4 th quarter of 2023 (-1% organic growth).
  • Internationally, Freelance.com generated revenue of €72.5m in the 4 th quarter, up 5% compared with the 4 th quarter of 2023 (+5% organically).

Consolidated revenue for the full year of 2024 amounted to €1,049.7m, up 22% from 2023 (+1% organically).

  • French activities grew 33%, reaching €773.6m (+1% organically).
  • International activities increased by 1%, reaching €276.1m (-1% organically).

Including Prium Group's business volumes over 12 months, pro forma sales for 2024 amount to €1,090.3m.

Further slowdown in French business and continued stabilization of the international division

Freelance.com reached its objective of slightly positive organic growth for the year (+1%).

The French segment (+1% in 2024) suffered from the performance of the wage portage business, particularly in the 4th quarter of 2024. The macroeconomic context continues to weigh on the dynamism of the self-employed market. The integration of the Prium Group had a temporary negative impact on organic growth in Q4 2024, pending the realization of budgeted synergies. By contrast, intermediation activities maintained single-digit growth throughout the year, despite tensions in the IT services provider market.

The international scope (-1% in 2024) confirmed its stabilization in Q4, with two consecutive quarters of positive organic growth.

2025 outlook

In the absence of geopolitical stabilization and visibility on the macroeconomic recovery, and despite encouraging signals from our intermediation business in France and our wage portage business in Switzerland, we remain cautious regarding the outlook for organic growth in 2025.

Upcoming events

  • Full-year 2024 results: 21 April 2025.
  • 1 st quarter 2025 revenues: 19 May 2025.
  • Annual General Meeting: 13 June 2025.

About Freelance.com

Positioned at the heart of the transformation of the labor market, Freelance.com is a European leader in Talent as a Service (TAAS) solutions, connecting large companies with their external talents. The group offers a full range of services: expertise sourcing, project management, commercial support, wage portage, and compliance management. Freelance.com relies on a community of over 150,000 (106,000 in France) qualified consultants and experts, working as freelancers or within highly specialized SMEs, having delivered a total of more than 19,000 services in 2024. With 380 employees and a proforma turnover of 1,090.3 million euros in 2024, a presence in France and internationally (Switzerland, Belgium, Morocco, England, Germany), Freelance.com is a reference player in the "Future of Work", recognized as one of the "Growth Champions" for 2023 and 2024 by Les Echos.

Label: FREELANCE.COM ISIN Code: FR0004187367 Mnemonic Code: ALFRE Number of shares composing the share capital: 56 535 254 Additional information on: https://www.freelance.com

PRESS CONTACT - WORDCOM Consulting

Tel. 01 45 44 82 65 Eglantine de Cossé Brissac [email protected] Apolline Privat [email protected]

Groupe Freelance.com Groupe Freelance.com
Tristan DE VILLEMEUR Florent BRIANT
Head Investor Relations Chief Financial Officer
Tel. +33 6 70 35 46 49 Tel. +33 6 95 84 14 18
[email protected] [email protected]

Talk to a Data Expert

Have a question? We'll get back to you promptly.