Airtasker (ART) investor relations material

Executive summary

• Group GMV reached AUD 240 million, up 14.9% year-over-year, and group revenue hit a record AUD 57.8 million, with marketplace revenue up 15.5%.

• Australia remained the primary revenue and cash generator, producing over AUD 16.5 million in free cash flow after global head office costs, funding international expansion.

• International markets (UK and US) saw rapid growth, with UK revenue up 55% and US revenue up 150%, supported by targeted marketing investments.

• Paid membership programs launched globally, surpassing 10,000 subscribers by June 30, 2026, introducing a recurring revenue stream.

• Oneflare business migrated into Airtasker Australia, with brand and technology retired.

Financial highlights

• Group revenue reached AUD 57.8 million in FY 2026, up 9.9% year-over-year; marketplaces revenue (ex-Oneflare) up 15.5%.

• Australian revenue up 11.3% to AUD 46.3 million; international revenue up 65.8% to AUD 5.8 million; monetization rate stable at 21.9%.

• UK revenue up 55.4% to AUD 4.4 million; US revenue up 149.8% to AUD 1.3 million.

• Operating cash receipts were AUD 64.1 million, up 9.6% year-over-year; group net operating cash outflow was AUD 2.3 million, reflecting a planned AUD 5 million one-off marketing investment in UK and US.

• Ended the year with AUD 12.4 million in cash and term deposits, plus AUD 13.2 million in prepaid media assets.

Outlook and guidance

• FY 2027 guidance targets double-digit revenue growth in Australia (ex-Oneflare), with continued GMV growth momentum and positive free cash flow.

• Membership program aims for 50,000 paid subscribers at AUD 89 per year.

• UK to focus on profitability and reduced cash investment while growing GMV and revenue; US to pursue aggressive GMV and revenue growth with targeted marketing.

• AI-driven improvements in content moderation and product development expected to enhance customer value and operational efficiency.