Airtasker (ART) investor relations material

Executive summary

• Achieved record Australian GMV of AUD 56.7 million for the quarter, up 17.8% year-over-year, with revenue up 14.4%, reflecting strong brand investments and market leadership.

• UK revenue increased 43.5% year-over-year, with GMV ARR reaching AUD 23.1 million; US revenue surged 116% year-over-year, with GMV ARR at AUD 6.7 million.

• Launched a new membership product in Feb-26, surpassing 1,000 subscribers in the first four weeks, supporting recurring revenue and higher purchase frequency.

• Over AUD 26 million in cash provides flexibility for international marketing, investments, and settling media partnership notes.

• FY26 guidance reaffirmed following strong Q3 performance, with expectations for sustained double-digit revenue growth and further international scaling.

Financial highlights

• Group revenue up 12.2% year-over-year to AUD 15.2 million, with Australian GMV up 17.8% to AUD 56.7 million and revenue up 14.4% to AUD 12.3 million.

• UK revenue up 43.5% to AUD 1.0 million; TTM GMV up 56.6% to AUD 20.0 million.

• US revenue up 116% to AUD 0.3 million; TTM GMV up 264.2% to AUD 5.6 million.

• Marketplaces revenue (excluding Oneflare) up 17.3% to AUD 13.6 million, driven by Australia and the UK.

• Booked tasks in Australia up 9.2%, with average task price up 7.9% due to inflationary tailwinds.

Outlook and guidance

• Double-digit revenue growth expected for Australia in FY26, driven by GMV growth.

• UK and US markets to accelerate growth, supported by AUD 5 million in planned marketing, resulting in underlying group cash outflow of approximately AUD 5–6 million (excluding capital raise proceeds).

• Strong balance sheet with over AUD 27 million in cash as of 31 Dec 2025, supporting international expansion and convertible note settlement.

• FY26 guidance reaffirmed based on Q3 performance, with anticipated seasonal uplift in UK and US markets during Spring/Summer peak.

• Continued focus on maximizing cash contribution from Oneflare and expanding cash generation in Australia.