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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 8:55AM
Price at Release
$0.255
Full Release
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Summary
Airtasker Limited reported strong financial results for the half-year ending December 31, 2025. The company achieved a positive operating cash flow of $0.5 million and a net cash flow of $8.3 million, driven by an 18.9% increase in marketplace revenue. Airtasker's Australian revenue grew by 12.9%, while international revenue saw significant increases of 85.1% in the UK and 380% in the US. The company successfully expanded its marketplaces in key strategic cities, supported by partnerships with major media organizations such as Channel 4 in the UK and iHeartMedia in the US. Airtasker's strong performance is underpinned by its 'light touch' marketplace model and strategic marketing investments, positioning the company for continued growth and market expansion.
Key Points
  • Positive operating cash flow of $0.5 million.
  • Net cash flow of $8.3 million.
  • 18.9% increase in marketplace revenue.
  • 12.9% revenue growth in Australia.
  • International revenue increased by 85.1% in the UK and 380% in the US.
  • Successful expansion into strategic US cities.
  • Partnerships with major media organizations like Channel 4 and iHeartMedia.
  • Strong financial position with $27 million in cash.
  • Focus on strategic marketing investments for growth.
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.