Freelance.com

Earnings Release • Mar 1, 2022

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).

Unaudited consolidated data (in	20211	2020	Change
€m, French GAAP)
9-month revenue	324.3	217.7	+49%
Q4 revenue	178.0	106.3	+67%
12-month revenue	502.4	324.0	+55%

(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.

Upcoming events:

• 2021 annual results out Monday 25 April 2022;
• Combined General Meeting on Friday 17 June 2022;

About Freelance.com

Having secured a central position in the transformation of the labour market as the leader in relationship management between businesses and their external talent in France, Freelance.com relies on a community of 370,000 consultants and experts working as freelancers or in hyperspecialised SMEs. Freelance.com group offers a comprehensive range of services: sourcing expertise, external resource management, project management, wage portage, compliance, etc. With proforma revenue of €671m in 2021* and operations in France and multiple additional countries (Germany, England, Morocco, Singapore, Switzerland), Freelance.com is a leading player in the Future of Work with one clear purpose: to open up, simplify and secure relations between businesses and their external talent.

Name: FREELANCE.COM ISIN code: FR0004187367 Ticker: ALFRE Number of shares comprising the share capital: 55,508,669

FREELANCE.COM	BCW	ACTIFIN
Claude TEMPE	Margo BAILLERES	Sébastien Berret
Vice-Chairman	Press Relations	Financial Communication
Port. : +33 (0)6 60 51 60 06	Port: +33 (0)6 58 69 38 36	Port: +33 (0)6 02 08 45 49
ctempe@freelance.com	Port: +33 (0)6 87 84 55 01	sberret@actifin.fr
	margo.bailleres@bcw@global.com
		Marie Ji-In Pradere
		Economic & Financial Press
		Relations
		Tel.: +33 (0)1 56 88 11 21
		mpradere@actifin.fr