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Airtasker Ltd (AU:ART)
ASX:ART
Australian Market

Airtasker Ltd (ART) AI Stock Analysis

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AU

Airtasker Ltd

(Sydney:ART)

Rating:58Neutral
Price Target:
AU$0.50
▲(66.67%Upside)
Airtasker Ltd's overall stock score is primarily influenced by its financial performance, which shows revenue growth and improved cash flow but faces notable profitability issues. The technical analysis provides a mixed signal, with some potential for recovery. The valuation is concerning due to negative profitability and lack of dividends. These factors collectively result in a moderate overall score.

Airtasker Ltd (ART) vs. iShares MSCI Australia ETF (EWA)

Airtasker Ltd Business Overview & Revenue Model

Company DescriptionAirtasker Limited operates technology-enabled online marketplaces for local services in Australia. Its platform provides a range of services, such as handyman services, including home maintenance, installations and assembly, repairs, art/mirror hanging, general labor, and other services. The company also offers house, window, gutter, carpet, and commercial cleaning services. In addition, the company provides delivery services comprising of furniture, food, flyer, grocery, and alcohol delivery services. Further, the company offers garden landscapers, mowing and gardening, garden maintenance, and local gardening services. Additionally, the company provides alternator replacement, headlight bulb replacement, car speaker and LED lights installation, and mobile auto electrician services, as well as offers assembly services for furniture, gym and exercise equipment, and toys. Airtasker Limited was incorporated in 2011 and is based in Haymarket, Australia.
How the Company Makes MoneyAirtasker makes money primarily through a commission-based revenue model. When a task is completed, Airtasker charges a service fee to the Tasker, which is a percentage of the task's agreed price. This service fee varies depending on the market and service category. Additionally, Airtasker offers subscription plans to Taskers, providing them with benefits such as increased visibility and the ability to bid on more tasks. The company also generates revenue from advertising and promotional services on its platform, allowing Taskers and businesses to increase their exposure to potential customers. Strategic partnerships and collaborations with businesses looking to leverage Airtasker's platform for broader service offerings contribute to the company's earnings.

Airtasker Ltd Financial Statement Overview

Summary
Airtasker Ltd shows promising revenue growth and cash flow improvements, but continues to face profitability challenges. The balance sheet is stable with low leverage, but achieving profitability is crucial for future success. Continued focus on improving operational efficiency and cost management will be key to enhancing financial performance.
Income Statement
65
Positive
Airtasker Ltd has shown a steady increase in revenue over the years, with a 5.12% growth in the most recent period. However, the company is still facing challenges in profitability, as evidenced by negative EBIT and net income. The gross profit margin has improved significantly, reaching 90.28%, but the net profit margin remains negative, indicating ongoing operational challenges.
Balance Sheet
48
Neutral
The company's debt-to-equity ratio improved significantly due to reduced debt levels, standing at 0.08, which is favorable. However, the return on equity is negative due to net losses, and the equity ratio is 67.22%, suggesting a stable equity position relative to total assets. The balance sheet reflects a strong equity base but ongoing profitability issues.
Cash Flow
70
Positive
Airtasker Ltd's cash flow situation has improved, with positive operating cash flow and free cash flow turning positive after previous deficits. The free cash flow to net income ratio is positive, indicating better cash management. However, the company needs to sustain this trend to ensure long-term financial health.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue49.02M46.64M44.17M31.47M26.57M19.26M
Gross Profit35.41M41.93M13.90M6.52M5.44M18.03M
EBITDA-16.15M451.00K-7.83M-17.66M-7.98M-8.93M
Net Income-19.09M-2.89M-12.90M-20.39M-9.71M-10.25M
Balance Sheet
Total Assets88.18M50.53M50.97M54.84M57.53M19.97M
Cash, Cash Equivalents and Short-Term Investments18.32M17.77M17.09M28.23M33.85M13.10M
Total Debt2.13M2.66M3.65M1.60M422.00K25.91M
Total Liabilities65.15M17.89M21.86M17.87M13.36M34.08M
Stockholders Equity26.63M33.97M28.90M36.97M44.17M-14.11M
Cash Flow
Free Cash Flow2.78M1.08M-14.30M-18.39M398.00K-3.23M
Operating Cash Flow3.54M3.03M-10.84M-13.28M5.52M-648.34K
Investing Cash Flow9.41M-863.00K327.00K11.00K-19.75M-2.57M
Financing Cash Flow-1.09M-987.00K2.81M3.14M35.49M10.50M

Airtasker Ltd Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.30
Price Trends
50DMA
0.30
Positive
100DMA
0.30
Negative
200DMA
0.33
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
60.80
Neutral
STOCH
90.48
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ART, the sentiment is Positive. The current price of 0.3 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.30, and below the 200-day MA of 0.33, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 60.80 is Neutral, neither overbought nor oversold. The STOCH value of 90.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ART.

Airtasker Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
£1.91B10.33-3.58%3.53%3.34%-85.67%
AUART
58
Neutral
AU$136.31M-67.56%7.30%-286.24%
AUCHL
49
Neutral
AU$26.10M-21.61%-13.27%-273.80%
AURNT
47
Neutral
AU$27.83M-103.20%5.14%26.39%
AURMY
40
Underperform
AU$17.94M-910.77%3.67%72.22%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ART
Airtasker Ltd
0.30
0.02
7.14%
AU:RNT
Rent.com.au Ltd
0.03
<0.01
50.00%
AU:RMY
RMA Global Ltd.
0.03
-0.05
-62.50%
AU:CHL
Camplify Holdings Ltd.
0.36
-0.87
-70.73%

Airtasker Ltd Corporate Events

Airtasker Ltd Announces Quotation of New Securities on ASX
Jul 4, 2025

Airtasker Ltd has announced the application for the quotation of 24,464 ordinary fully paid securities on the ASX, issued under an employee incentive scheme. This move is part of the company’s strategy to motivate and retain talent while potentially increasing its market visibility and investor interest.

The most recent analyst rating on (AU:ART) stock is a Buy with a A$0.54 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.

Airtasker Ltd Announces Cessation of Securities
Jul 4, 2025

Airtasker Ltd has announced the cessation of 736,572 securities due to the expiry of options or other convertible securities without exercise or conversion as of June 30, 2025. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s strategic financial management and market positioning.

The most recent analyst rating on (AU:ART) stock is a Buy with a A$0.54 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.

Airtasker Issues Unquoted Equity Securities to Employees
Jul 4, 2025

Airtasker Ltd has announced the issuance of unquoted equity securities under an employee incentive scheme. This move involves the allocation of options and rights, which are subject to transfer restrictions and are not immediately quoted on the ASX. The issuance is part of the company’s strategy to incentivize employees, potentially impacting its operational dynamics and aligning employee interests with company growth.

The most recent analyst rating on (AU:ART) stock is a Buy with a A$0.54 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.

Airtasker Ltd Announces Director’s Interest Change
Jul 4, 2025

Airtasker Ltd has announced a change in the director’s interest, with Ellen Frances Comerford acquiring an additional 95,361 rights under the NED Equity Plan, bringing her total to 1,445,223 rights. This change, valued at $25,000 in foregone director fees, reflects the company’s ongoing commitment to aligning director interests with shareholder value, potentially impacting stakeholder confidence and market perception.

The most recent analyst rating on (AU:ART) stock is a Buy with a A$0.54 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.

Airtasker Ltd Updates Director’s Interest in Securities
Jul 4, 2025

Airtasker Ltd announced a change in the director’s interest notice, specifically regarding Catherine Ann O’Connor. The update involves the acquisition of 15,258 rights under the NED Equity Plan, increasing her total holdings to 126,880 rights. This change reflects the company’s ongoing adjustments in its executive compensation structure, potentially impacting stakeholder perceptions of governance and director incentives.

The most recent analyst rating on (AU:ART) stock is a Buy with a A$0.54 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.

Airtasker Ltd Announces Quotation of New Securities on ASX
May 6, 2025

Airtasker Ltd has announced the application for quotation of 213,285 ordinary fully paid securities on the ASX, issued under an employee incentive scheme. This move is likely to enhance employee engagement and align their interests with the company’s growth, potentially impacting Airtasker’s market position positively by reinforcing its operational capabilities.

Airtasker Strengthens Market Position with Strategic Partnerships
May 2, 2025

Airtasker Limited announced a presentation by its CEO and CFO at an investor briefing hosted by Taylor Collison. The company continues to strengthen its market position by enhancing its service offerings and expanding its brand presence through strategic partnerships, such as its involvement with Formula One. This move is expected to bolster Airtasker’s reputation and attract more stakeholders, potentially increasing its market share in the online services marketplace.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 05, 2025