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Airtasker Ltd
(Sydney:ART)
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Rating:54Neutral
Price Target:
AU$0.20
â–¼(-9.55% Downside)
Action:Reiterated
Date:08/27/26
The score is primarily held back by weak core profitability (widening operating losses) and volatile cash generation that turned negative in 2026, despite a low-leverage balance sheet. Technical indicators are mostly neutral with limited momentum and price still below the 200-day average. Valuation is difficult to support on earnings due to the negative P/E and lack of dividend yield data.
Positive Factors
Long-term revenue scale
Revenue has increased from A$26.6m in 2021 to A$57.8m in 2026, demonstrating that the business has expanded its monetized activity over time. This accumulated scale may support stronger network utility and operating leverage if growth reaccelerates.
Negative Factors
Widening operating losses
Operating losses widened materially in 2026 despite the company reaching a small reported net profit. The gap indicates that core operations are not yet economically sustainable, leaving profitability dependent on improvement in operating efficiency, monetization, or marketplace scale.
Read all positive and negative factors
Positive Factors
Negative Factors
Long-term revenue scale
Revenue has increased from A$26.6m in 2021 to A$57.8m in 2026, demonstrating that the business has expanded its monetized activity over time. This accumulated scale may support stronger network utility and operating leverage if growth reaccelerates.
Read all positive factors
Airtasker Ltd (ART) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$95.47M
Dividend YieldN/A
Average Volume (3M)255.67K
Price to Earnings (P/E)390.0
Beta (1Y)1.24
Revenue Growth9.89%
EPS GrowthN/A
CountryAU
Employees348
SectorCommunication Services
Sector Strength97
IndustryInternet Content & Information
Share Statistics
EPS (TTM)<0.01
Shares Outstanding489,603,970
10 Day Avg. Volume315,883
30 Day Avg. Volume255,672
Financial Highlights & Ratios
PEG Ratio-0.82
Price to Book (P/B)7.03
Price to Sales (P/S)1.80
P/FCF Ratio-42.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.47Price Target Upside113.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.02
Revenue Forecast (FY)AU$63.57M
Airtasker Ltd Business Overview & Revenue Model
Company Description
Airtasker Limited provides digital marketplaces that connect individuals with local service providers across Australia. Its platform offers a broad spectrum of services, including general handyman tasks like home maintenance, installations, assemb...
How the Company Makes Money
Airtasker primarily makes money by taking platform fees tied to transactions facilitated through its marketplace. When a customer posts a task and a Tasker completes it through the platform, Airtasker charges a service fee (i.e., a take rate) on t...
Airtasker Ltd Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
78
Positive
Cash Flow
52
Neutral
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 57.83M | 52.68M | 46.64M | 44.17M | 31.47M |
| Gross Profit | 26.57M | 30.10M | 41.93M | 39.34M | 27.94M |
| EBITDA | -38.83M | -29.91M | 451.00K | -7.83M | -17.66M |
| Net Income | 1.22M | -31.57M | -2.89M | -12.90M | -20.39M |
Balance Sheet | |||||
| Total Assets | 63.83M | 70.41M | 50.53M | 50.97M | 54.84M |
| Cash, Cash Equivalents and Short-Term Investments | 12.36M | 19.06M | 17.77M | 17.09M | 28.23M |
| Total Debt | 1.06M | 1.63M | 2.66M | 3.65M | 1.60M |
| Total Liabilities | 64.66M | 68.33M | 17.89M | 21.86M | 17.87M |
| Stockholders Equity | 14.85M | 9.57M | 33.97M | 28.90M | 36.97M |
Cash Flow | |||||
| Free Cash Flow | -2.46M | 4.27M | 1.08M | -14.30M | -18.39M |
| Operating Cash Flow | -2.33M | 4.36M | 3.03M | -10.84M | -13.28M |
| Investing Cash Flow | -2.01M | -2.15M | -863.00K | 327.00K | 11.00K |
| Financing Cash Flow | -1.90M | -1.03M | -987.00K | 2.81M | 3.14M |
Airtasker Ltd Technical Analysis
Neutral
0.22
Price Trends
0.20
Negative
0.21
Negative
0.23
Negative
Market Momentum
>-0.01
Positive
55.12
Neutral
45.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ART, the sentiment is Neutral. The current price of 0.22 is above the 20-day moving average (MA) of 0.19, above the 50-day MA of 0.20, and below the 200-day MA of 0.23, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 55.12 is Neutral, neither overbought nor oversold. The STOCH value of 45.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:ART.
Airtasker Ltd Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | AU$21.00B | 38.36 | 27.90% | 1.85% | 4.24% | -18.52% | |
74 Outperform | AU$9.19B | 29.46 | 11.28% | 3.55% | 5.88% | 13.64% | |
61 Neutral | AU$49.60M | -25.58 | -8.93% | ― | -6.17% | -191.49% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
56 Neutral | AU$26.72M | -32.83 | -2.00% | 51.62% | -6.77% | 95.53% | |
54 Neutral | AU$95.47M | 390.00 | 14.39% | ― | 9.89% | ― | |
43 Neutral | AU$57.16M | -7.00 | -110.48% | ― | 7.17% | -27.08% |
* Communication Services Sector Average
AU:ART
Airtasker Ltd
0.21
-0.16
-42.47%
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Airtasker Ltd Corporate Events
Airtasker sets hybrid 2026 AGM as board reshuffle looms
Oct 26, 2026
Airtasker Limited has called its 2026 Annual General Meeting of shareholders for 11.00am AEDT on Wednesday 25 November 2026, to be held both in person at Australia Square in Sydney and virtually via the Automic Investor Portal. The company is prov...
Airtasker Files 2026 Corporate Governance Statement with ASX
Oct 21, 2026
Airtasker Limited has lodged its annual corporate governance statement with the ASX for the financial year ended 30 June 2026, making the document available via its investor website. The statement details the company’s adherence to ASX Corpo...
Airtasker Sets Out 2026 Corporate Governance Framework
Oct 21, 2026
Airtasker Limited has released its 2026 Corporate Governance Statement outlining how it applies the ASX Corporate Governance Principles and Recommendations. The document details the company’s governance framework, including board structure, ...
Airtasker Highlights Mission-Driven Focus in 2026 Annual Report
Oct 21, 2026
Airtasker has released its 2026 annual report, detailing governance, remuneration, and comprehensive financial statements that outline the company’s performance and structure over the year. The report reinforces Airtasker’s mission-dri...
Airtasker Issues New Unquoted Options Under Employee Incentive Plan
Oct 19, 2026
Airtasker Ltd is an Australia-based online marketplace platform that connects people and businesses with local service providers for a wide range of tasks. The company operates in the gig economy, focusing on flexible, task-based work, and leverag...
Airtasker Options Lapse, Trimming Potential Future Share Dilution
Oct 19, 2026
Airtasker Ltd has announced that a total of 2,973,424 options and rights, listed under the ASX code ARTAA, have lapsed. These securities were conditional rights to shares that have ceased because the specified conditions were not met or have becom...
Airtasker schedules investor webinar for first-quarter trading update
Oct 13, 2026
Airtasker Limited, the ASX-listed operator of a leading online marketplace for local services, connects people and businesses needing work with flexible gig workers, and has facilitated more than $1 billion worth of jobs and 5 million tasks global...
Airtasker Seeks ASX Quotation for New Employee Incentive Shares
Oct 12, 2026
Airtasker Limited has applied for quotation on the ASX of 111,454 ordinary fully paid shares issued under its employee incentive scheme, with an issue date of September 18, 2026. The move modestly increases Airtasker’s free-float and reflect...
Airtasker Consolidates Finance and Governance Roles in Executive Transition
Sep 30, 2026
Airtasker Limited has confirmed the appointment of Chief Financial Officer Reena Minhas as Company Secretary, effective 30 September 2026, following a previously announced leadership transition. Minhas, who joined the group in August and worked al...
Airtasker Seeks ASX Quotation for New Employee Incentive Shares
Sep 3, 2026
Airtasker Ltd has applied for quotation on the ASX of 206,423 new fully paid ordinary shares issued under its employee incentive scheme. The shares, allocated in two tranches dated 14 August and 28 August 2026, expand the company’s quoted ca...
Airtasker Issues Single Unquoted Convertible Security
Sep 3, 2026
Airtasker Ltd has notified the market of the issue of one unquoted convertible security, recorded under the ASX code ARTAC, with an issue date of 25 August 2026. The move involves a very small number of securities and appears to be an administrati...
Airtasker lodges notice on new unquoted convertible security
Sep 3, 2026
Airtasker Ltd, the Australian task‑services marketplace operator listed on the ASX as ART, continues to manage its capital structure through the use of convertible securities and other equity instruments. The company’s platform-driven ...
Airtasker CEO Fung Reports Lapse of Performance Rights
Sep 1, 2026
Airtasker Limited has reported a change in the interests of its chief executive and director, Timothy John Fung, in the company’s securities. The notice details his direct and indirect holdings through associated entities, including substant...
Airtasker to Unveil FY26 Results in Investor Webinar
Aug 26, 2026
Airtasker Limited has scheduled an investor briefing to present its FY26 financial results, led by Chief Executive Officer Tim Fung and incoming Chief Financial Officer Reena Minhas via a live webinar on 26 August 2026. The session will include a ...
Airtasker Returns to Profit as Revenue Rises but Balance Sheet Stays Stretched
Aug 26, 2026
Airtasker Limited reported a 9.9% increase in revenues from ordinary activities to $57.8 million for the year ended 30 June 2026, reflecting continued growth in its task-based services marketplace. The group swung from a loss of $31.6 million in t...
Airtasker Strikes $11m Media Partnerships to Turbocharge Brand Growth
Aug 25, 2026
Airtasker has secured new three-year strategic media partnerships with outdoor advertising group oOh!media and audio broadcaster NOVA, each providing $5.5 million in media capital to boost brand awareness across Australia. The deals extend Airtask...
Airtasker sets date for FY26 results and investor webinar
Aug 20, 2026
Airtasker Limited, the ASX-listed operator of Australia’s leading online marketplace for local services, connects people and businesses needing work with flexible workers across a wide range of tasks. Since its 2012 launch, the platform has ...
Airtasker Seeks ASX Quotation for New Employee Incentive Shares
Aug 17, 2026
Airtasker Ltd has applied to the ASX for quotation of additional ordinary fully paid shares issued under its employee incentive scheme, with a total of 68,078 new ART securities to be quoted from July 2026 allotment dates. The move modestly increa...
Airtasker appoints new CFO and company secretary in planned leadership transition
Jul 28, 2026
Airtasker Limited has announced a planned transition in its finance leadership, with Chief Financial Officer and Company Secretary Mahendra Tharmarajah resigning effective 30 September 2026 and experienced ASX executive Reena Minhas joining on 3 A...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.