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Airtasker Limited (ASX:ART)

ALERT: Price-sensitive ASX Announcement for ART
Current share price for ART : $0.220 -0.035 (-13.73%)+
Announcement
Release
26 Feb 2026 8:56AM
Price at Release
$0.255
Full Release
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Summary
Airtasker Limited reported its HY26 financial results, showcasing revenue growth driven by market expansion and strategic investments. The company's revenue increased by 18.9% year-over-year, reaching a record $29.1 million. Australian marketplaces generated significant cash flow, enabling investments in UK and US expansions. The UK and US markets reported substantial revenue growth of 85.1% and 380% respectively, supported by disciplined marketing investments. Airtasker completed a $10.0 million capital raise in November 2025 to further enhance its international marketing efforts. The report highlights Airtasker's strategy of leveraging its scalable platform, combined with media partnerships, to sustain growth across various markets.
Key Points
  • HY26 revenue growth of 18.9% to $29.1 million.
  • Australian marketplaces generated $7.7 million in cash flow.
  • UK revenue increased by 85.1% and US revenue by 380%.
  • Completed a $10.0 million capital raise in November 2025.
  • Strategic focus on expanding UK and US markets.
  • Continuous investment in brand salience and platform experience.
  • Strong operating leverage demonstrated in Australian market.
  • UK partnership with Argos and continued partnership with Dunelm.
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.