Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Airtasker Ltd ( (AU:ART) ).
Airtasker Limited reported a 10% increase in revenues for the half-year ending December 2024, reaching $25.7 million. However, the company faced a significant financial setback with a loss of $15.96 million, a sharp decline from a profit of $236,000 in the previous year. This downturn in financial performance could impact Airtasker’s market positioning and stakeholder confidence, as the net tangible assets per ordinary security also decreased from 2.06 cents to 0.76 cents.
More about Airtasker Ltd
Airtasker Limited operates in the online marketplace industry, providing a platform for users to outsource tasks and services. The company focuses on connecting individuals and businesses with skilled workers for various tasks, enhancing productivity and flexibility in the gig economy.
YTD Price Performance: -20.65%
Average Trading Volume: 573,595
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$165.6M
See more data about ART stock on TipRanks’ Stock Analysis page.