Airtasker (ART) H2 2025 earnings summary

Executive summary

• Achieved positive free cash flow of $1.2 million for FY2025, with double-digit revenue growth across core marketplaces and strong cash generation in Australia funding international expansion.

• UK and US markets saw record GMV and rapid revenue growth, with UK revenue up 111% and US up 422% year-over-year.

• Significant marketing investments and media partnerships drove record GMV and brand awareness in all regions.

• Ended the year with $19 million in cash and $27 million in prepaid media assets.

Financial highlights

• Full-year group revenue reached $52.6 million, up 12.8% year-over-year; Airtasker marketplaces revenue was $45 million, up 18.3%.

• International marketplaces revenue grew 145% to $3.5 million.

• Operating cash flow increased 44% to $4.4 million.

• Australian marketplaces generated $15.2 million in cash after covering global head office costs, up 18.8% on FY24.

• GMV for Airtasker marketplace rose 9.5% to over $208 million.

Outlook and guidance

• Targeting double-digit revenue growth in the Australian marketplace for FY2026 and increased cashflow generation (excluding Oneflare).

• UK and US markets expected to accelerate growth, with potential for targeted investments.

• Strategic repositioning of Oneflare underway to return to long-term growth.

• $19 million in cash and $28 million in prepaid media assets available for FY2026.