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Airtasker Limited (ASX:ART)

ALERT: Price-sensitive ASX Announcement for ART
Current share price for ART : $0.215 -0.04 (-15.69%)+
Announcement
Release
26 Feb 2026 8:54AM
Price at Release
$0.255
Full Release
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Summary
Airtasker Limited's Half Yearly Report for the period ending 31 December 2025 outlines a challenging financial period marked by a net loss attributable to owners of $16.5 million, reflecting a 3.2% increase from the previous year. Despite the loss, the company saw a 13.5% growth in statutory revenue, driven by an 18.9% increase in Airtasker marketplaces revenue. The Group's strategy included significant marketing investments to expand its presence in international markets like the UK and US, which showed promising growth in posted tasks and gross marketplace volume. Airtasker ended the half-year with $27.1 million in cash and term deposits, enhancing its capability to continue scaling operations and investing in brand marketing, particularly through media-for-equity transactions. The report also underscores Airtasker's commitment to maintaining its market leadership in Australia amidst mixed macroeconomic conditions.
Key Points
  • Airtasker reported a net loss of $16.5 million for the half-year ending 31 December 2025.
  • Statutory revenue grew by 13.5% to $29.1 million.
  • Airtasker marketplaces revenue increased by 18.9%.
  • Significant marketing investments were made in the UK and US markets.
  • Airtasker had $27.1 million in cash and term deposits at the end of the period.
  • Media-for-equity transactions were a key strategic element.
  • The company aims to maintain market leadership in Australia.
  • The report was approved for release by the Board of Directors on 25 February 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.