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, defying typical seasonal declines.

• 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 four weeks, aimed at boosting recurring revenue and purchase frequency.

• Over AUD 26 million in cash provides flexibility for UK/US marketing and settling Australian media partnership notes.

• FY26 guidance reaffirmed following strong Q3 performance.

Financial highlights

• 3Q26 Group revenue up 12.2% year-over-year to AUD 15.2 million.

• Airtasker marketplaces revenue (excluding Oneflare) up 17.3% to AUD 13.6 million; Australia revenue up 14.4% to AUD 12.3 million; international revenue up 55.4% to AUD 1.3 million.

• Australia 3Q26 GMV reached AUD 56.7 million, up 17.8% year-over-year; booked tasks up 9.2%, average task price up 7.9%.

• UK 3Q26 revenue up 43.5% to AUD 1.0 million; TTM GMV up 56.6% to AUD 20.0 million; TTM revenue up 80.5% to AUD 4.2 million.

• US 3Q26 revenue up 116% to AUD 0.3 million; TTM GMV up 264.2% to AUD 5.6 million; TTM revenue up 303.9% to AUD 1.2 million.

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 ~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.

• UK expected to approach profitability in FY 2027, with net burn decreasing.

• Oneflare business targeted for maximized cash contribution after cost base reductions.