Helping power the gig economy VAL ● Fiverr International Ltd (FVRR) Revenue (Quarterly) 93.52M Fiverr International Ltd (FVRR) Revenue (Quarterly YoY Growth) 6.33% ● Fiverr International Ltd (FVRR) Net Income (Quarterly) 0.788M 93.52M 80.00M 90.00% 60.00M 75.00% 40.00M 60.00% 20.00M 45.00% 30.00% 0.788M -20.00M 15.00% 6.33% -40.00M 0.00 % -15.00% -60.00M 2020 2021 2022 2023 2024 Jul 4, 2024, 4:21 PM EDT Powered by YC H A R T S The Motley Fo Why has the company not been profitable, with gross margins typical ...

Core Insights - Fiverr has launched its first-ever Breakthrough Achievement recognition to honor freelancers who have achieved significant earnings on the platform, specifically those surpassing $1 million and $5 million in lifetime earnings [1][2][4] Company Overview - Fiverr aims to change how the world works together by democratizing access to talent and providing opportunities for freelancers to grow their businesses [5] - The platform has over 4 million customers globally, including small businesses and Fortune 500 companies, utilizing freelance talent to maintain flexible and adaptive workforces [5] Industry Trends - The freelance movement is gaining momentum, with freelancers currently accounting for nearly 20% of an organization's workload and expected to make up half of the workforce by 2027 [2] - Key industries where freelancers are thriving include graphics and design, digital marketing, writing and translation, video and animation, programming and tech, and music and audio [3] Recognition Program Details - The Breakthrough Achievement recognition will be awarded annually, with personalized gold awards for freelancers earning over $1 million and platinum awards for those exceeding $5 million [1][2] - The inaugural recipients of this recognition come from 35 countries and represent various successful career paths, showcasing the diverse opportunities available through Fiverr [3][4] Webinar and Community Engagement - A dedicated webinar will accompany the launch of the Breakthrough Achievement program, featuring successful freelancers sharing insights on building independent careers [4] - The program encourages community engagement through social media, using the hashtag MillionsOnFiverr [4]

Company Announcement - Fiverr launched its first-ever Breakthrough Achievement recognition to honor freelancers who have surpassed $1 million in lifetime earnings with a personalized gold award and those earning over $5 million with a platinum award [1] - The recognition program aims to celebrate outstanding freelance accomplishments and highlight the growing impact of freelancers in the global economy [2] - Fiverr's CEO emphasized the company's commitment to supporting freelancers and businesses in creating equitable growth opportunities worldwide [3] Freelance Industry Trends - Freelancers currently account for nearly 20% of an organization's workload and output, and this is projected to grow to 50% of the workforce by 2027 [2] - The freelance movement is gaining momentum, with businesses increasingly relying on freelance talent to drive transformative growth and access diverse skill sets [2] - Top industries where freelancers thrive include graphics and design, digital marketing, writing and translation, video and animation, programming and tech, and music and audio [3] Breakthrough Achievement Recipients - Aditya Gupta, an India-based Shopify-certified partner, increased her monthly revenue by 200x through Fiverr [4] - Beau Vallis, a US-based Grammy-nominated music engineer, leveraged Fiverr to take control of his career and time [4] - Lauren Meikle, a South Africa-based copywriter, transitioned from the corporate world to freelancing with Fiverr [4] - MJ Wolfe, a US-based actor and fitness creator, replaced his full-time job with Fiverr to pursue his passions [4] - Ravi Sharma, an Australian SEO entrepreneur, grew his business to over 100 employees with Fiverr [4] Webinar and Social Media Engagement - Fiverr will host a webinar featuring successful freelancers sharing insights on building independent careers on the platform [4] - The webinar will include speakers such as Victoria Carroll, Syed Arsalan Ali Shah, Thomas Edward, and Mijal Zagier, who have achieved significant milestones through Fiverr [4] - The company encourages engagement with the Breakthrough Achievement Program through social media using the hashtag MillionsOnFiverr [4] Company Overview - Fiverr's mission is to democratize access to talent and opportunities, enabling individuals and businesses to grow their brands and dreams [7] - Over 4 million customers worldwide, including small businesses and Fortune 500 companies, have utilized Fiverr's freelance talent in the past year [7] - Fiverr offers access to over 700 skills, ranging from AI and programming to digital marketing and content creation [7] Media and Contact Information - Media contacts for Fiverr include Jenny Chang and Tommy Lee, reachable at press@fiverr.com [8]

Almost two years have passed since my last evaluation of Fiverr International Inc. (NYSE:FVRR). In that initial analysis done in Aug 2022, I considered Fiverr a great idea for long-term investors who wanted to participate in the digitalization of the freelancing industry, an industry with a secular trend and attractive long-term growth perspectives. Since then, however, the shares have depreciated by c. 25% (c. 40% since the article was published) even though I found them undervalued with an intrinsic value ...

NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- To help executives understand, react, and adapt to the ongoing challenges within the finance industry, Fiverr (NYSE:FVRR) has released a new report, Strategic Insights: Leveraging Freelance Talent in Finance. The report dives into pain points in the sector, including in which quarter leaders feel the most stressed (the second quarter) and offers insight into how executives in the sector are adapting to and overcoming hurdles; two-thirds of respondents say they are ...

NEW YORK, June 26, 2024 (GLOBE NEWSWIRE) -- To help executives understand, react, and adapt to the ongoing challenges within the finance industry, Fiverr (NYSE:FVRR) has released a new report, Strategic Insights: Leveraging Freelance Talent in Finance. The report dives into pain points in the sector, including in which quarter leaders feel the most stressed (the second quarter) and offers insight into how executives in the sector are adapting to and overcoming hurdles; two-thirds of respondents say they are ...

Fiverr International (FVRR) closed the latest trading day at $22.17, indicating a +0.86% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 0.31%. Meanwhile, the Dow experienced a rise of 0.67%, and the technology-dominated Nasdaq saw a decrease of 1.09%. Investors should also take note of any recent adjustments to analyst estimates for Fiverr International. These revisions help to show the ever-changing nature of near-term business trends. Hence, po ...

"The findings showcase how companies are seeing the value of freelancers beyond reducing the workload," said Matti Yahav, Chief Marketing Officer at Fiverr. "From filling skill gaps to boosting morale among remaining employees, and perhaps even playing a role in lessening the possibility of future layoffs, this shift cements a place for freelancers as an integral part of a company's long-term structure." The top reason for roles that were laid off was new technology, where AI could increase efficiencies and ...

Oxford Lane Capital (NASDAQ:OXLC) is a close-ended fund that Oxford Lane Management launched and manages. The fund primarily invests in securitization vehicles. This, in turn, invests in senior secured loans to companies whose debt is rated below investment grade or is unrated. OXLC stock has a market cap of $1.35 billion, and profit and operating margins of 76.64% and 71.74% respectively. It has seen year-on-year (YOY) quarterly revenue growth of 20.70%, which makes it a promising undervalued small-cap sto ...

A modest amount of money can go a long way when it's put to work in amazing businesses. Over the past 17 months, the bulls have been in charge on Wall Street. Following the 2022 bear market, we've witnessed the iconic Dow Jones Industrial Average, benchmark S&P 500, and growth-fueled Nasdaq Composite all power to record-closing highs. While some investors might be uneasy putting their money to work with these three major stock indexes trading so close to their all-time highs, history shows that patience pay ...