Airtasker (ART) H2 2025 earnings summary

Executive summary

• Achieved positive free cash flow of $1.2 million for FY2025, marking the second consecutive year of positive free cash flow.

• Delivered 18.3% revenue growth in Airtasker marketplaces, with group revenue reaching $52.6 million, up 12.8% year-over-year.

• Australian business generated $15.2 million in cash, funding rapid UK and US expansion.

• UK revenue grew 111% to £1.4 million ($2.9 million), and US revenue rose 422% to $559,000, both achieving record GMV and annualized run rates.

• Significant marketing investments and media partnerships drove record GMV and brand awareness in all regions.

Financial highlights

• Group revenue reached $52.6 million, up 12.8% year-over-year; Airtasker marketplaces revenue was $45 million, up 18.3%.

• International marketplaces revenue grew 145% to $3.5 million.

• Operating cash flow increased 44% to $4.4 million.

• GMV for Airtasker marketplace rose 9.5% to over $208 million, reversing a prior year decline.

• Gross profit increased 13.2% year-over-year to $50.4 million.

Outlook and guidance

• FY2026 guidance targets solid double-digit revenue growth in the Australian marketplace and increased cash flow generation (excluding Oneflare).

• UK and US markets expected to accelerate growth, with potential for targeted investments.

• Strategic repositioning of Oneflare underway to return to long-term growth.