- The Freelance services is a trillion-dollar market in the early stages of its journey.
- Focusing on business and gig workers allows the company to grow faster than peers and with greater profitability.
- According to the last reporting period results, the Adjusted EBITDA margin reached 9.8%. The company is already operationally efficient.
- According to our valuation, the upside potential to the fair price is 33%.
- The faster growing Fiverr trades at a lower P/Cash flow multiple than Upwork.
For further details see:
Fiverr: Good Opportunity For Growth Investors