InvestSMART

Airtasker Limited (ASX:ART)

ALERT: Price-sensitive ASX Announcement for ART
Current share price for ART : $0.195 -0.038 (-16.13%)+
Announcement
Release
22 Apr 2026 10:10AM
Price at Release
$0.233
Full Release
download
Summary
In Airtasker Limited's 3Q26 Results Presentation, the company reported strong growth across all markets, notably in Australia, the UK, and the USA. Australian GMV reached $56.7 million, a 17.8% increase on the prior corresponding period (pcp), translating into a 14.4% rise in revenue. UK revenues increased by 43.5% and US revenues by 116%, driven by significant gains in GMV. The company launched a strategic media partnership with Nine Entertainment, investing $5 million in media capital, resulting in a 33% increase in brand awareness. Airtasker also introduced a membership model, gaining over 1,000 subscribers within four weeks of its February launch. With robust cash reserves exceeding $26 million, Airtasker is well-positioned to sustain growth, reaffirming its FY26 guidance.
Key Points
  • 3Q26 GMV in Australia up 17.8% to $56.7 million.
  • Australian revenue increased by 14.4% on pcp.
  • UK revenue grew by 43.5% on pcp.
  • US revenue surged by 116% on pcp.
  • Strategic media partnership with Nine Entertainment.
  • 33% increase in brand awareness.
  • Membership model launched with over 1,000 subscribers.
  • Over $26 million in cash reserves.
  • FY26 guidance reaffirmed for continued 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.