Airtasker (ART) investor relations material

Executive summary

• Revenue grew 13.5% to AUD 29.1 million for HY26, with strong growth in Australia, UK, and US markets, and record group GMV of AUD 116.4 million.

• Fifth consecutive half of positive operating cash flow, with cash and term deposits at AUD 27.1 million as of 31-Dec-25.

• AI-driven operational improvements and new product features, including AI-powered content moderation and digital business cards, launched to drive efficiency and engagement.

• Launched Airtasker Membership for recurring revenue and enhanced customer retention.

• Net loss after tax attributable to owners widened to AUD 16.5 million, reflecting increased marketing investment and non-cash accounting items.

Financial highlights

• Group revenue up 13.5% to AUD 29.1 million; Airtasker marketplace revenue up 18.9% to AUD 25.8 million; international revenue up 115% to AUD 2.7 million.

• UK revenue up 85.1% to AUD 2.1 million; US revenue up 379.6% to AUD 0.6 million year-over-year.

• Group GMV reached AUD 116.4 million, up 11.3% year-over-year.

• Positive net cash flow of AUD 8.3 million, supported by a capital raise of AUD 9.0 million.

• Gross profit increased 13.5% to AUD 27.9 million; gross margin remains above 95%.

Outlook and guidance

• Reaffirmed double-digit revenue growth guidance for Australia and accelerated growth in UK and US for FY26.

• AUD 5 million marketing investment in UK and US expected to result in underlying group cash outflow of AUD 5–6 million.

• Focus on profitable growth in Australia, improving customer frequency and trust, and scaling in UK and US through marketing and partnerships.

• Exploring strategic options for Oneflare to maximize cash contribution.

• Expectation of accelerated growth in UK and US as those markets enter peak seasonal demand.