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Airtasker Ltd (AU:ART)
:ART
Australian Market
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Airtasker Ltd (ART) AI Stock Analysis

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AU:ART

Airtasker Ltd

(Sydney:ART)

Rating:58Neutral
Price Target:
AU$0.50
▲(66.67%Upside)
Airtasker Ltd's stock score reflects solid technical indicators and improving cash flow, though substantial profitability challenges and a negative P/E ratio weigh heavily. The stability of the balance sheet is a positive, but profitability and valuation issues need resolution for a stronger outlook.

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

Airtasker Ltd Business Overview & Revenue Model

Company DescriptionAirtasker Ltd (ART) is a leading online marketplace platform based in Australia that connects people who need work done with skilled service providers. The company operates in various sectors, including home services, cleaning, gardening, and handyman tasks. Airtasker facilitates the outsourcing of everyday tasks, enabling individuals and businesses to find local service providers for their needs.
How the Company Makes MoneyAirtasker Ltd makes money primarily through a commission-based revenue model. The company charges a service fee to task posters based on the value of the task, which typically ranges between 10% to 20% of the task price. Additionally, Airtasker charges a booking fee to taskers, the service providers, once the task is completed. The platform also offers premium memberships for taskers, which provide enhanced visibility and additional features for a subscription fee. Significant partnerships with businesses and local governments help expand its reach and user base, contributing to its earnings. Airtasker's revenue is significantly influenced by the volume of tasks posted on its platform and the active engagement of both task posters and taskers.

Airtasker Ltd Financial Statement Overview

Summary
Airtasker Ltd shows promising revenue growth and cash flow improvements, with a strong gross profit margin of 90.28%. However, profitability remains a challenge with negative net income and EBIT. The balance sheet is stable with low leverage, but achieving profitability is crucial for future success.
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.
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue46.64M44.17M31.47M26.57M19.26M
Gross Profit41.93M13.90M6.52M5.44M18.03M
EBITDA451.00K-7.83M-17.66M-7.98M-8.93M
Net Income-2.89M-12.90M-20.39M-9.71M-10.25M
Balance Sheet
Total Assets50.53M50.97M54.84M57.53M19.97M
Cash, Cash Equivalents and Short-Term Investments17.77M17.09M28.23M33.85M13.10M
Total Debt2.66M3.65M1.60M422.00K25.91M
Total Liabilities17.89M21.86M17.87M13.36M34.08M
Stockholders Equity33.97M28.90M36.97M44.17M-14.11M
Cash Flow
Free Cash Flow1.08M-14.30M-18.39M398.00K-3.23M
Operating Cash Flow3.03M-10.84M-13.28M5.52M-648.34K
Investing Cash Flow-863.00K327.00K11.00K-19.75M-2.57M
Financing Cash Flow-987.00K2.81M3.14M35.49M10.50M

Airtasker Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.30
Price Trends
50DMA
0.29
Negative
100DMA
0.29
Negative
200DMA
0.32
Negative
Market Momentum
MACD
<0.01
Negative
RSI
47.90
Neutral
STOCH
48.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ART, the sentiment is Negative. The current price of 0.3 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.29, and below the 200-day MA of 0.32, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.90 is Neutral, neither overbought nor oversold. The STOCH value of 48.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ART.

Airtasker Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
62
Neutral
$42.09B-1.57-12.06%2.81%2.10%-71.01%
58
Neutral
AU$136.31M-67.56%7.30%-286.24%
58
Neutral
AU$32.89M-21.61%-13.27%-273.80%
42
Neutral
AU$23.99M-103.20%5.14%26.39%
39
Underperform
AU$18.60M-910.77%3.67%72.22%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ART
Airtasker Ltd
0.28
-0.05
-15.15%
AU:RNT
Rent.com.au Ltd
0.02
0.00
0.00%
AU:RMY
RMA Global Ltd.
0.03
-0.03
-50.00%
AU:CHL
Camplify Holdings Ltd.
0.46
-0.78
-62.90%

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 26, 2025