Airtasker Ltd (AU:ART)
ASX:ART
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Airtasker Ltd
(Sydney:ART)
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Rating:50Neutral
Price Target:
AU$0.26
▼(-29.17% Downside)
Action:ReiteratedDate:04/23/26
The score is mainly held back by weak profitability (negative margins and ROE) despite improving cash flow and modest revenue growth. Technicals are mixed with neutral momentum and the price still below longer-term moving averages. Valuation is pressured because the company is loss-making (negative P/E) and no dividend yield is available.
Positive Factors
Marketplace business model
Airtasker's two-sided marketplace is structurally scalable: matching local demand with independent Taskers creates recurring transaction flows and potential network effects. Over months this supports fee revenue growth tied to GMV, reduces unit costs as platform density rises, and enables geographic/product expansion without linear headcount growth.
Negative Factors
Persistent unprofitability
Ongoing negative EBIT and net margins indicate the core marketplace still hasn't achieved profit unit economics. Over a multi-month horizon this constrains retained earnings, increases reliance on external funding for growth and can limit strategic options if cost to acquire or serve customers doesn't improve relative to fee revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Marketplace business model
Airtasker's two-sided marketplace is structurally scalable: matching local demand with independent Taskers creates recurring transaction flows and potential network effects. Over months this supports fee revenue growth tied to GMV, reduces unit costs as platform density rises, and enables geographic/product expansion without linear headcount growth.
Read all positive factors
Airtasker Ltd (ART) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$119.43M
Dividend YieldN/A
Average Volume (3M)359.10K
Price to Earnings (P/E)―
Beta (1Y)1.01
Revenue Growth14.49%
EPS Growth-66.27%
CountryAU
Employees348
SectorCommunication Services
Sector Strength97
IndustryInternet Content & Information
Share Statistics
EPS (TTM)-0.04
Shares Outstanding487,477,840
10 Day Avg. Volume477,027
30 Day Avg. Volume359,101
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)12.57
Price to Sales (P/S)2.28
P/FCF Ratio28.18
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.34Price Target Upside-6.94% Downside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)-0.08
Revenue Forecast (FY)AU$59.52M
Airtasker Ltd Business Overview & Revenue Model
Company Description
Airtasker 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 ha...
How the Company Makes Money
Airtasker primarily makes money from fees generated when tasks are completed and paid for through its platform. Its core revenue stream is transaction-based: when a poster pays a Tasker via Airtasker, the company earns a service fee associated wit...
Airtasker Ltd Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
55
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 56.09M | 52.68M | 46.64M | 44.17M | 31.47M | 26.57M |
| Gross Profit | 29.89M | 30.10M | 41.93M | 39.34M | 27.94M | 24.37M |
| EBITDA | -39.24M | -32.92M | 451.00K | -7.83M | -17.66M | -7.45M |
| Net Income | -32.08M | -31.57M | -2.89M | -12.90M | -20.39M | -9.71M |
Balance Sheet | ||||||
| Total Assets | 70.89M | 70.41M | 50.53M | 50.97M | 54.84M | 57.53M |
| Cash, Cash Equivalents and Short-Term Investments | 27.07M | 19.06M | 17.77M | 17.09M | 28.23M | 45.86M |
| Total Debt | 2.10M | 1.63M | 2.66M | 3.65M | 1.60M | 422.00K |
| Total Liabilities | 80.74M | 68.33M | 17.89M | 21.86M | 17.87M | 13.36M |
| Stockholders Equity | 2.08M | 9.57M | 33.97M | 28.90M | 36.97M | 44.17M |
Cash Flow | ||||||
| Free Cash Flow | 2.82M | 4.27M | 1.08M | -14.30M | -18.39M | 398.00K |
| Operating Cash Flow | 2.94M | 4.36M | 3.03M | -10.84M | -13.28M | 5.52M |
| Investing Cash Flow | -1.98M | -2.15M | -863.00K | 327.00K | 11.00K | -19.75M |
| Financing Cash Flow | 8.27M | -1.03M | -987.00K | 2.81M | 3.14M | 35.49M |
Airtasker Ltd Technical Analysis
Neutral
0.36
Price Trends
0.24
Negative
0.28
Negative
0.32
Negative
Market Momentum
>-0.01
Negative
54.00
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ART, the sentiment is Neutral. The current price of 0.36 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.24, and above the 200-day MA of 0.32, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.00 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ART.
Airtasker Ltd Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
50 Neutral | AU$119.43M | -2.42 | -550.33% | ― | 14.49% | -66.27% | |
46 Neutral | AU$18.50M | -2.39 | -28.72% | ― | -5.31% | 7.89% | |
43 Neutral | AU$89.33M | -4.52 | -76.28% | ― | 20.25% | 5.66% | |
41 Neutral | AU$26.57M | -2.82 | 366.81% | ― | 18.69% | -250.00% |
* Communication Services Sector Average
AU:ART
Airtasker Ltd
0.25
-0.07
-20.97%
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0.23
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-48.86%
Airtasker Ltd Corporate Events
Airtasker unveils 3Q26 results in investor webinar
Apr 22, 2026
Airtasker Limited has released its 3Q26 results presentation, which Chief Executive Officer Tim Fung is delivering at a scheduled briefing for investors and analysts on 22 April 2026. The event includes a moderated QA session with management and w...
Airtasker sets April investor webinar for 3Q26 trading update
Apr 13, 2026
Airtasker Limited, the ASX-listed operator of an online marketplace for local services, connects people and businesses needing work done with freelancers and taskers seeking flexible earning opportunities. Since its 2012 launch, the platform has e...
Airtasker Seeks ASX Quotation for New Shares Issued Under Employee Incentive Plan
Apr 7, 2026
Airtasker Ltd has applied for quotation on the ASX of 26,365 new fully paid ordinary shares issued on 11 March 2026 under its employee incentive scheme. The additional securities, trading under ticker ART, modestly expand the company’s liste...
Airtasker Options Lapse, Trimming Potential Share Dilution
Apr 7, 2026
Airtasker Ltd has notified the market of the expiry of 5,820,768 options under its ARTAA class of securities, which lapsed on March 31, 2026 without being exercised or converted. The cessation of these options slightly reduces the company’s ...
Airtasker Issues Unquoted Equity Securities Under Employee Incentive Scheme
Apr 7, 2026
Airtasker Limited has notified the market of the issue of 3,569,886 unquoted equity securities in the form of options and rights under its employee incentive scheme, with various exercise prices and expiry dates. These securities, which are subjec...
Airtasker Director Ellen Comerford Increases Equity Stake via NED Plan
Apr 7, 2026
Airtasker Limited has disclosed a change in director Ellen Frances Comerford’s indirect interests, reflecting an increase in her holding of rights in the company through Comerford Gohl Holdings Pty Ltd as trustee for The Comerford Gohl Famil...
Airtasker Updates Director Catherine O’Connor’s Equity Holdings Under NED Plan
Apr 7, 2026
Airtasker Limited has disclosed a change in director Catherine Ann O’Connor’s interests, reflecting an update in her indirect holdings in the company. Her interests are held through Cassocom Pty Ltd as trustee for a superannuation fund...
Airtasker to Detail AI Strategy in Investor Webinar
Mar 30, 2026
Airtasker Limited will showcase its artificial intelligence strategy at an investor webinar titled “AI in Action: How ASX Companies Are Leveraging Artificial Intelligence,” hosted by RAAS Research Group on 30 March 2026. Chief executiv...
Airtasker strikes $5m media partnership with Nine to turbocharge brand growth
Mar 25, 2026
Airtasker has secured a strategic partnership with Nine Entertainment that will provide $5 million in media capital over two years, giving the services marketplace access to Nine’s national TV, streaming, digital and publishing network to bo...
Airtasker Seeks ASX Quotation for New Employee Incentive Shares
Mar 11, 2026
Airtasker Ltd has applied for quotation on the ASX of 91,300 new fully paid ordinary shares issued on 13 February 2026 under its employee incentive scheme. The new securities, to trade under the existing ART ticker, expand the company’s quot...
Airtasker Sets HY26 Results Briefing with Live Investor Q&A
Feb 25, 2026
Airtasker Limited announced that its Chief Executive Officer Tim Fung and Chief Financial Officer Mahendra Tharmarajah will present the company’s HY26 financial results in an investor briefing on 26 February 2026 at 11:00am AEDT via a live w...
Airtasker Delivers Positive Cash Flow as Marketplace Revenue Jumps 19% in HY26
Feb 25, 2026
Airtasker reported HY26 group revenue of $29.1 million, up 13.5% year on year, with Airtasker marketplaces revenue rising 18.9% to $25.8 million and Australian revenue up 12.9% to $23.1 million. The company generated positive operating cash flow o...
Airtasker Grows Revenue but Swings to Net Tangible Liabilities
Feb 25, 2026
Airtasker Limited reported a 13.5% rise in revenue to $29.1 million for the half-year ended 31 December 2025, but its net loss attributable to owners widened 3.2% to $16.5 million. The company did not declare any dividend, and its balance sheet sh...
Airtasker Seeks Quotation for Incentive Shares
Feb 4, 2026
Airtasker has lodged an Appendix 2A indicating ASX quotation for 457,742 new fully paid ordinary shares issued under its employee incentive scheme, with allotments completed on 16 and 29 January 2026; the move modestly expands the share register a...
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.