FY25 AGM CEO Presentation
Airtasker Limited
ABN 53 149 850 457
26 November 2025
ASX Announcement
Airtasker Limited (ASX:ART)
2025 Annual General Meeting - CEO Presentation
Airtasker Limited (ASX:ART) is pleased to lodge the attached presentation being made by Chief
Executive Officer, Tim Fung, at its 2025 Annual General Meeting being held at 11:00 am (AEDT)
today.
-- Ends –
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About Airtasker
Airtasker Limited (ASX:ART) is Australia’s leading online marketplace for local services, connecting people and
businesses who need work done with people who want to work. With a mission to empower people to realise
the full value of their skills, Airtasker aims to have a positive impact on the future of work by creating truly
flexible opportunities to work and earn income. In 2025, Airtasker entered the world of Formula One™ through
its partnership with the Visa Cash App Racing Bulls Formula One™ Team (VCARB). Since launching in 2012,
Airtasker Taskers have completed more than 5 million tasks worldwide and Airtasker has put more than $720
million into the pockets of Australian Taskers (net of Airtasker’s fees).
This announcement was approved for release by the Board of Directors of Airtasker Limited.
2025 ANNUAL
GENERAL MEETING
CEO PRESENTATION
26 November 2025
Meet the Taskies:
Mason
We connect people who need work
done, with people who want to work.
The world’s most
trusted marketplace
to buy and sell
local services.
OUR VISION
2
Creating jobs isn’t a by-product of the
work that we do: it’s our core purpose.
OUR MISSION
To empower people
to realise the full
value of their skills.
“I’ve been on Airtasker for years, and it’s been a
game-changer for my mobile mechanic business.
When I first started, it helped me connect with
customers I never would’ve reached on my own, and
quite quickly too. Over time, those jobs turned into
regular clients, and the positive reviews built my
reputation. Now, a big part of my work comes from
Airtasker, and it’s great because I can choose what
tasks I want to take on, and at what price too. The
flexibility has been amazing especially in a trade
where there can be a lot of emergencies too.
Talal E.
“Airtasker changed our lives. Even with full-time jobs,
we couldn’t get ahead. By taking on extra cleaning
tasks, we saved $60,000 in 12 months and bought our
first home in Pakenham. It was hard work, but worth it
— and now we’ve started our own cleaning business to
pay o the mortgage even faster.”
Corey L.
Open Community
Built on transparency and
accountability to enable trust with an
eicient light touch operating model.
Infinitely Horizontal
Unifying a fragmented local services
industry and creating entirely new
service categories.
● Super fast responses
● Huge range
● Great value
● Instant work
● Pricing control
● Complete flexibility
For Customers: For Taskers:
Unique Value Proposition
4
FY25 Overview
1. As at 30 June 2025.
Guidance Result
Full year Group positive free cash flow +$1.2m
positive free cash flow
Airtasker marketplaces deliver double digit revenue growth +18.3%
Airtasker marketplaces revenue growth
Airtasker Australia continues to generate suicient cash to fund
UK and US expansion after covering global head oice expenses
+$15.2m
cash generated in Australia (after covering global head oice expenses)
Accelerating momentum and revenue growth
trajectory in UK and US markets
Airtasker UK Airtasker US
$21m
GMV ARR
+111%
revenue growth
$7.5m
GMV ARR
+422%
revenue growth
$19.1m1
in cash and term deposits on balance sheet combined with
$27.9m1
of prepaid media assets available to be utilised
5
Invest in Airtasker brand and core platform
experience and maintain market leadership
Growth strategy:
Deliver profitable growth in Australia to
generate free cash flow
Leverage platform and invest in new markets
turbocharged by media partnerships
1
Core platform investment Profitable growth Scale in UK and US
2 3
6
+5.3%
Airtasker Australia GMV
growth (FY24: -4.6%)
$190m+
Record Australian GMV
Media partnership strategy
delivers growth re-acceleration
In FY25, we successfully executed on our brand investment strategy
alongside media partners oOh!media and ARN leading to a strong
increase in brand salience (unprompted brand awareness) and a
re-acceleration of both GMV and revenue in the Australian market.
We’ll continue to maintain brand investment momentum in FY26 as we
realise the potential of the enormous $75 billion TAM1
in Australia.
+13.4%
Airtasker Australia revenue
growth (FY24: +8.6%)
CORE PLATFORM INVESTMENT
1. The Local Services Market - Market Report, Frost & Sullivan, July 2024.
+15%
Unprompted
brand awareness
in FY25
7
Enhance trust signals across profiles and oers to enable greater
customer confidence and sales funnel conversion:
ID verification (implemented for all Taskers)
SERR1
tax compliance (implemented for all Taskers)
Top Oer status rolled out for selected oers
Continue to invest in trust and
improve sales funnel efficiency
21.6%
Monetisation rate
(up 1.6 ppts in FY25)
CORE PLATFORM INVESTMENT
1. Sharing Economy Reporting Regime.
8
Address platform leakage and
improve purchase frequency
1. Airtasker survey (N:3390), February 2025
Significant opportunity to address leakage and increase purchase
frequency by enabling customers to rebook Taskers they’ve
previously hired by addressing:
● Fee structure - low cost model
● Incentives - to reward rebooking behaviour
● Feature awareness and usability
New rebooking fee structure launched Aug-25:
Customers pay a flat $5 rebooking fee and
Taskers pay 1.9% service fee.
93% of Customers rate their Airtasker experience 5 stars
73%1 of Customers said “yes” or “maybe” that they will repeat the
same or similar task again within the next 12 months
83%1 of customers said they would hire the same Tasker again
CORE PLATFORM INVESTMENT
9
Opportunity to leverage software platform to
replicate profitable marketplace economics
Software platform and
head oice infrastructure
Airtasker AU
$19.4m2
investment
Airtasker UK Airtasker USA
$34.6m1
cash generation
Australian marketplaces generate cash flow in excess of
software platform and head oice infrastructure investment
New markets
(ASX:ART)
$11.0m
media investment
£7.5m
media investment
US$21.8m
media investment
Opportunity to leverage our scalable software platform,
turbocharged by local media partnerships
1. Represents EBITDA for the Established Marketplaces Segment as disclosed in note 4 of the FY25 financial statements, adjusted for material non-cash items.
2. In FY25 invested $19.4m in operating the software platform and head oice infrastructure that enables the global marketplaces.
SCALE IN UK AND US
10
Airtasker UK reached GMV ARR of $21m in Jun-25
at 21 months from launch date (Oct-23)
Airtasker US reached GMV ARR of $7.5m in Jun-25
at 10 months from launch date (Sep-24)
In FY26, Q1 and Q2 to maintain GMV levels during seasonal
low period with further acceleration in Q3 and Q4.
Growth momentum building:
UK hits $21m and US hits
$7.5m run rate in Jun-25
11
SCALE IN UK AND US
● Our custom built playbook for launching new marketplaces (nicknamed “SHPAB”)
enables us to invest in local growth tactics that generate predictable marketplace
traction.
● In parallel, we invest in the Airtasker brand (notably through our media partnerships)
to generate brand awareness that supports sustainable long term momentum.
● Our suite of brand partnerships in the US and UK are creating incredible value
through local market expertise and networking opportunities as well as powerful
media distribution…
Custom playbook delivering results
alongside long term brand investment
Brand awareness in London, UK
Brand awareness in Los Angeles, USA
+24%
Brand awareness
in FY25
+114%
Brand awareness
in FY25
12
SCALE IN UK AND US
Strong start to FY26 with 1Q26
Airtasker marketplaces1
revenue up 20.5%2
on pcp.
Airtasker Australia3
revenue up
12.8%2
on pcp - on track for solid
double-digit growth in FY26.
Airtasker UK 1Q26 revenue up
83.3%2
on pcp and Airtasker
USA revenue up 609.1%2
on
pcp - playbook is delivering
results with significant
opportunity to scale.
Raised $10m equity capital by
way of a placement of fully
paid ordinary shares to fund a
disciplined program of targeted
marketing investments into the
UK and US marketplaces and to
provide additional balance
sheet flexibility.
iHeartMedia - America’s no.1
audio media company with 276
million monthly listeners
investing A$2.3m4
in ASX:ART
under the placement as a
cornerstone investor.
1 2 3 4
1. Includes all Airtasker marketplaces (principally Australia, the UK and US) and excludes the Oneflare marketplace.
2. All amounts are unaudited.
3. Excludes the Oneflare marketplace.
4. Subscription is for US$1.5m based on USD1.00:AUD1.54 exchange rate.
Raised $10m equity capital to accelerate growth
in the UK and US cornerstoned by iHeartMedia
13
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