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freelancer Market Announcement | 20 April 2021 Quarterly Cash Flow and Activity Report for quarter ending 31 March 2021 Freelancer Limited delivers Gross Payment Volume in 1Q21 of an all - time record of US $ 192.9 million ( up 39.0 % on pcp , unaudited ) or AU $ 249.7 million ( up 18.8 % on pcp ) : • Freelancer GMV of US $ 25.9m ( up 23.6 % on pcp ) or AU $ 33.6m ( up 5.1 % on pcp ) • Escrow GPV an all - time record US $ 158.2m ( up 43.7 % on pcp ) or AU $ 204.8m ( up 23 % on pcp ) • Escrow GPV ex - China an all - time record of US $ 151.1m ( up 48.7 % on pcp ) Group net cash receipts for 1Q21 all - time records of US $ 12.0 million ( up 32.1 % on pcp ) or AU $ 15.6 million ( up 12.4 % on pcp ) : • Freelancer cash receipts all - time record of US $ 10.1 million ( up 31.4 % on pcp ) or AU $ 13.1 million ( up 11.8 % on pcp ) • Escrow cash receipts all - time records of US $ 1.9 million ( up 36.0 % on pcp ) or AU $ 2.4 million ( up 15.8 % on pcp ) In Australian dollars , FX was a headwind of -17.4 % in the quarter as the Australian dollar appreciated against the USD from 0.6581 to 0.7726 . Approximately 72 % of group revenue is USD and 4 % is AUD . The group had positive net operating cash flow of $ 4.2 million for the quarter ( 1Q20 : $ 0.47 million ) . It ended 1Q21 with cash and cash equivalents of $ 37.8 million , up 8.2 % on pcp . Escrow was profitable in 1Q21 . 1 of 18