Freelancer Limited (FRLCY) Q2 2026 Earnings Call Transcript

Freelancer Limited ( FRLCY ) Q2 2026 Earnings Call July 27, 2026 7:00 PM EDT

Hello, and welcome to the Freelancer Limited First Half of 2026 Investor Update. My name is Matt Barrie. I'm the Chief Executive and Chairman. With me today, I have Dylan Carter, the Chief Financial Officer; and Andrew Bateman, the Vice President of Products. And as always, you may direct your questions to either myself or to anyone in the room at the end of the call.

We're building the Amazon of services at Freelancer. We're in the field of labor payments in freight. We have 3 properties, all of which are market leaders in their own respects. Freelancer is the largest global crowdsourcing marketplace by a number of users with 90 million professionals in the marketplace. We do jobs from $10 to $10 million, and everything from a simple and mainstream is building websites and so forth right up to complex -- solving complex problems to the U.S. government in our Moonshots Innovation Challenge program. Escrow.com is the world's largest online escrow company. We have done USD 8.3 billion of transactions through that to date, and it's for buying and selling any assets or product service online in an untrustworthy environment. And also Loadshift, which is Australia's #1 heavy haulage marketplace, it's going global, and we've done over 1 billion kilometers of freight to date. So we do midweek on -- sometimes on a Wednesday, somewhere around 300,000 to 400,000 kilometers of freight, which is the distance from the Earth to Moon trucking freight. All businesses are solving problems in trillion-dollar markets. They're all broad horizontal businesses