Taskus (TASK) investor relations material

Executive summary

• Service revenue for Q2 2025 rose 23.6% year-over-year to $294.1 million, with net income up 59.1% to $20.0 million, driven by growth across all service lines and geographies.

• Adjusted Net Income for Q2 2025 increased 38.6% to $39.7 million, and Adjusted EBITDA rose 26.7% to $65.0 million, reflecting strong operational performance and margin expansion.

• All three service lines posted double-digit year-over-year revenue growth, with AI Services as the fastest-growing segment.

• A definitive merger agreement was signed in May 2025 for a take-private transaction at $16.50 per share, expected to close in the second half of 2025.

• Announced strategic partnerships with Decagon and Regal to accelerate AI-powered customer experience.

Financial highlights

• Q2 2025 service revenue: $294.1M (+23.6% YoY); net income: $20.0M (+59.1% YoY); net income margin: 6.8%.

• Adjusted Net Income: $39.7M (+38.6% YoY); Adjusted EBITDA: $65.0M (+26.7% YoY); Adjusted EBITDA margin: 22.1%.

• Diluted EPS was $0.22, up 57.1% year-over-year; Adjusted EPS was $0.43, up 38.7%.

• Free Cash Flow for the first half of 2025 was $21.8M, down from $73.1M in the prior year, due to higher capital expenditures.

• Cash and cash equivalents at June 30, 2025: $181.9M; total debt: $249.6M; $190M undrawn revolver.

Outlook and guidance

• The merger is expected to close in H2 2025, after which shares will be delisted.

• Management continues to monitor AI-driven automation trends, which may affect future revenue streams.

• Liquidity is expected to be sufficient for at least the next 12 months, with ongoing investments in technology and site expansion.

• Management continues to supplement GAAP results with non-GAAP measures to illustrate underlying business trends and expects to report both in future periods.