Airtasker (ART) Q1 2027 earnings summary

Executive summary

• Q1 FY2027 Australian GMV hit a record AUD 57.3m, up 20.9% YoY; Australian revenue rose 15.0% to AUD 12.2m.

• Group revenue was AUD 14.0m, up 16.2% YoY excluding Oneflare and 1.4% including Oneflare.

• Paid subscribers exceeded 25,000 globally at 30 September 2026; FY2027 guidance, including positive group free cash flow, was reaffirmed.

Financial highlights

• Australian booked tasks rose 7.8% and average task price increased 12.2% YoY.

• International revenue increased 24.8% to AUD 1.8m.

• UK revenue rose 39.0% to AUD 1.4m; US revenue grew 20.9% to AUD 0.4m.

Outlook and guidance

• FY2027 guidance reaffirmed: double-digit Australian revenue growth excluding Oneflare, 50,000+ paid subscribers, higher Australian cash generation and positive group free cash flow.

• UK GMV and revenue are expected to grow while cash investment falls versus FY2026; US investment will be targeted and disciplined.

• Australian cash generation was AUD 16.5m after head office costs, with further improvement expected.

• FY2027 Australian guidance includes higher costs with global head office costs; FY2026 costs were AUD 16.5m.