Net income group share reached 9.9ME

Throughout the 2021 fiscal year, Freelance.com’s consolidated sales increased 54% to 502.6 ME, up from 325 ME in the previous year. This development was driven by both the quality of commercial dynamics (+ 24% organic growth) based on demand-adaptive service delivery and the Group’s strategic and gradual acquisitions.

In France, Freelance.com sales increased 48% annually to 406.4 ME. Internationally, we are benefiting from an 86% increase in 96.2 ME, especially the integration of Helvetic Payroll into accounts after November 1, 2021. The total of activities carried out internationally will represent 19% of the Group’s sales in 2021. ..

Considering the 12-month activity of all of the Group’s subsidiaries, Proformer sales in 2021 were € 671 million, an increase of 107% compared to consolidated sales in 2020 and EBITDA of 150%. Increased. Operating profit is 162%.

EBITDA’s strong growth

The consolidated financial statements for fiscal year 2021 show an EBITDA of 15.2 ME compared to 10.1 ME in 2020, an increase of 50% over the year. Operating profit increased 55% from 8.9ME in the previous year to 13.8ME due to stable operating profit from one fiscal year to another.

This performance is even more satisfying in that it involves the realization of numerous strategic investments in human resources, marketing and IT. This is to provide maximum support for the talent of the company and its outside, and to prepare for future growth.

After taking into account financial and exceptional results and taxation on profits of 2.1 ME, the net result will be 10 ME compared to 8.8 ME in 2020. The group’s net share was 9.9ME, an increase of 19%.

Strengthening fairness and strong financial capacity

As of the end of 2021, the Group has benefited from an enhanced balance sheet structure with a capital of 116.2 ME compared to 47.8 ME in the previous year. This change was the result of various acquisitions in 2021, some of which were funded by the issuance of new shares.

With a low net debt of 47 ME, the group says banks’ credit lines that have already been negotiated could help fund external growth strategies and help establish a freelance European leader. ..

Double-digit growth target for 2022 and 1MdE for 2025

The group is particularly confident in its development prospects due to the strong trend in its business foundation, the quality of its current commercial momentum, and the 12-month integration of offers and skills from recently acquired companies.
Freelance.com shares the same vision of the “Future of Work” and either has certain complementary know-how or by structuring the acquisition of a company established in a new potential geographic area. We plan to expand our value proposition. This is to strengthen our position as a benchmark player in Europe.
In this regard, Freelance.com is aiming for double-digit growth in trading volume in 2022 and has reiterated its intention to achieve € 1 billion in revenue by 2025.

Upcoming meetings

?? May 16, 2022: First Quarter Revenue
?? June 17, 2022: Annual General Meeting.