Positive Operating Cash Flow and Airtasker Marketplaces Revenue up 18.9%

We’re excited to share our HY26 results—another strong half as we continue to grow across Australia, the UK, and the US, while delivering our fifth consecutive half of positive operating cash flow.

Commenting on the results, Airtasker CEO and Founder Tim Fung said: “The first half of FY26 has proven that Airtasker can scale efficiently. By achieving positive net cash flow while accelerating growth in Australia, the UK, and the US, we’ve demonstrated the inherent power of our light touch marketplace model."

Australia: Powering global growth

In Australia, our revenue grew 12.9% on the prior corresponding period to $23.1m, and we’re on track to maintain double-digit growth for the full year.

Gross Marketplace Volume hit a record $103.5m, up 6.4% on pcp, with monetisation improving 1.3 percentage points to 22.3%, reflecting the strength and efficiency of our marketplace.

We also expanded into new cities like Perth, Canberra, and the Sunshine Coast, using targeted audio, out-of-home, and performance marketing. At the same time, unprompted brand awareness grew 32.1%, thanks to our partnerships with oOh!media and ARN.

UK: Brand building driving momentum

In the UK, revenue surged 85.1% to $2.1m (£1.0m), with GMV up 53.2% to $9.9m (£4.9m) and monetisation improving 3.7 percentage points to 21.2%. GMV ARR also grew 42.8% to $16.9m (£8.4m), driven by strong increases in posted and booked tasks and above-the-line brand campaigns.

US: Early stage, rapid acceleration

In the US, revenue grew 380% year-on-year, with booked tasks up 109.5%. Media partnerships, including with iHeartMedia, TelevisaUnivision and Sinclair, helped us expand into major cities like New York and Houston. We’re moving from launch phase to early scale, with repeat usage increasing and media partnerships unlocking efficient customer acquisition.

Commenting on the Airtasker's progress internationally, Fung said, "Our international footprint is expanding as planned - the UK is hitting its stride with revenue up 85% on pcp, and the US is showing the early-stage indicators we look for in high-potential markets with revenue up 380% on pcp. We enter the second half of the financial year in a strong position with $27m in cash providing us with balance sheet flexibility and strength."

Financial strength

We ended the half with $27.1m in cash and deposits, alongside $20.8m in media assets. We delivered $8.3m in positive net cash flow for HY26, including the $9.0m net proceeds from a successful capital raise completed in November 2025.

Fung continued: "The topline marketplace momentum we’re seeing across all markets, combined with balance sheet strength and great partnerships with Channel 4, iHeartMedia and the Visa Cash App Racing Bulls Formula One Team gives us every confidence in reaffirming our guidance for double-digit revenue growth in the Airtasker marketplaces for FY26. As we head into peak seasonality in our high growth UK and US markets, the second half should be even bigger than the first. Let’s go!”

We remain focused on scaling our international marketplaces while maintaining disciplined capital management and reaffirm our full-year cash flow and revenue growth guidance.

Want to know more?

Read the ASX Market Release here.

See the HY26 Investor Presentation here.

Watch the HY26 Results Webinar with CEO Tim Fung and CFO Mahendra Tharmarajah here.