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 GMV ARR reached AUD 23.1 million, with UK revenue up 43.5% year-over-year and strong seasonal uplift expected.

• US revenue surged 116% year-over-year, with GMV ARR at AUD 6.7 million and seasonal upside anticipated.

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

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

Financial highlights

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

• Marketplaces revenue reached AUD 13.6 million, up 17.3%, driven by Australia and the UK.

• Australian GMV grew 17.8% year-over-year to AUD 56.7 million, with revenue growth of 14.4%.

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

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

Outlook and guidance

• Reaffirmed guidance for double-digit revenue growth in Australia, with GMV growth expected to outpace revenue.

• Planned AUD 5 million investment in the UK and US markets for the remainder of FY 2026.

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

• UK business approaching profitability, with expectations to reduce net burn in FY 2027.

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