Freelancer (ASX:FLN) Scaled Net Operating Assets: 0.12 (As of Dec. 2025)


ASX:FLN Freelancer Ltd ASX:FLN
31 GF Score
Price A$0.11
GF Value A$0.21
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Freelancer Scaled Net Operating Assets?

Freelancer ASX:FLN +4.76% 31 Scaled Net Operating Assets is 0.12 as of Dec. 2025. GuruFocus rates ASX:FLN with a GF Score™ of 31/100 and a GF Value™ of A$0.21 (Possible Value Trap). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Freelancer's operating assets for the quarter that ended in Dec. 2025 was A$54.76 Mil. Freelancer's operating liabilities for the quarter that ended in Dec. 2025 was A$44.70 Mil. Freelancer's Total Assets for the quarter that ended in Jun. 2025 was A$83.64 Mil. Therefore, Freelancer's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.12.


Freelancer Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Freelancer's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Freelancer Scaled Net Operating Assets Chart

Freelancer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.23 0.24 0.18 0.12

Freelancer Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.22 0.18 0.14 0.12

ASX:FLN vs GOOGL, META, SPOT: Scaled Net Operating Assets Comparison

For the Internet Content & Information subindustry, Freelancer's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Freelancer Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Freelancer's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Freelancer's Scaled Net Operating Assets falls into.


ASX:FLN
31GF Score
Freelancer Ltd ASX:FLN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Freelancer Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Freelancer's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(54.756-44.697)/83.963
=0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=77.681 - 22.925
=54.756

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51.66 - 2.42 - 4.543
=44.697

Freelancer's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(54.756-44.697)/83.636
=0.12

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=77.681 - 22.925
=54.756

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51.66 - 2.42 - 4.543
=44.697

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.12 mean?
Freelancer (ASX:FLN) has a Scaled Net Operating Assets of 0.12 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Freelancer and its competitors.
Is Freelancer's Scaled Net Operating Assets too high?
Freelancer's current Scaled Net Operating Assets is 0.12. Overall, Freelancer has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Freelancer's Scaled Net Operating Assets compare to GOOGL and META?
Freelancer's Scaled Net Operating Assets of 0.12 can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Freelancer and its competitors. Freelancer's current Scaled Net Operating Assets is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freelancer stock overvalued right now?
Based on GuruFocus' analysis, Freelancer (ASX:FLN) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.21, compared to a current price of A$0.11 — trading 47.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.12. Freelancer's overall GF Score™ is 31/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Freelancer (ASX:FLN), the current Scaled Net Operating Assets is 0.12 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Freelancer (ASX:FLN) Overvalued in 2026?

Based on GuruFocus' analysis, Freelancer stock appears to be undervalued. The current stock price of A$0.11 is trading 47.6% below its estimated GF Value™ of A$0.21. GuruFocus considers Freelancer to be Possible Value Trap.

Key valuation signals for ASX:FLN:

  • Scaled Net Operating Assets: 0.12
  • GF Value™: A$0.21 vs. price of A$0.11 (47.6% below fair value)
  • GF Score™: 31/100 with 4 warning signs

No single metric tells the full story. See the ASX:FLN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Freelancer Business Description

Other Exchanges FLNCF:USA
Address 225 George Street, Level 37, Grosvenor Place, Sydney, NSW, AUS, 2000
Freelancer Ltd is engaged in freelancing, outsourcing services, and crowdsourcing marketplace. It offers software development, writing, data entry, and design services. The company is organized into two operating segments: Online marketplace which also generates key revenue, and Online payment services. The company operates predominantly in Australia, where majority of the online revenues and expenses are incurred. It also has its presence in Philippines, United Kingdom, Argentina, the United States and Canada.
31GF Score

Get the complete analysis for ASX:FLN

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.11
Price
A$0.21
GF Value