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freelancer Market Announcement | 26 Oct 2021 3Q21 Business Update Freelancer Limited delivers Gross Payment Volume in 3Q21 of $ 282.6 million ( up 32.4 % on pcp ) or US $ 207.6 million ( up 36.1 % on pcp ) : • Freelancer GMV $ 33.1m down 9.0 % on pcp ( US $ 24.4m , down 6.2 % ) • Escrow GPV $ 238.7m , up 44.8 % on pcp ( US $ 175.3m , up 48.7 % ) Net receipts $ 13.7m ( down 8.2 % on pcp ) or US $ 10.1m ( down 5.7 % ) : • Freelancer NR $ 11.3m down 12.1 % on pcp ( US $ 8.3m , down 9.7 % ) • Escrow NR $ 2.4m up 16.6 % on pcp ( US $ 1.8m , up 19.9 % ) In Australian dollars , FX was a headwind of -2.8 % in the quarter as the Australian dollar appreciated against the USD from an average of 0.7150 to an average of 0.7349 . Approximately 73 % of group revenue is USD and 6 % is AUD . The group operating cash flow of - $ ( 1.6 ) million for 3Q21 ( 3Q20 $ 1.6 million ) , and ended with cash & cash equivalents of $ 29.4 million , down 7.6 % on 30 June 2021 . Escrow ended the quarter with an all - time record off balance sheet cash of US $ 65.8 million . For personal use only 1 of 31