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Airtasker Ltd ( (AU:ART) ) has provided an update.
Airtasker Limited reported a 12.8% increase in revenue for the year ending June 2025, reaching $52.6 million. However, the company also experienced a significant increase in losses, with a 992.4% rise in loss after tax, amounting to $31.6 million. This financial downturn has impacted the company’s net tangible assets, which have decreased from 2.93 cents per share to negative 3.84 cents per share, reflecting challenges in maintaining asset value and profitability.
The most recent analyst rating on (AU:ART) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.
More about Airtasker Ltd
Airtasker Limited operates in the online marketplace industry, providing a platform that connects people who need tasks done with skilled workers willing to perform those tasks. The company focuses on facilitating a wide range of services, from home cleaning to skilled trades, catering to both individual and business needs.
Average Trading Volume: 299,233
Technical Sentiment Signal: Buy
Current Market Cap: A$170.5M
For detailed information about ART stock, go to TipRanks’ Stock Analysis page.