Announcement PDF Airtasker Limited ABN 53 149 850 457 Overview 3 Letter from the Chair 4 Letter from the CEO 5 FY26 at a glance 6 Board of Directors 8 Directors’ report 10 Letter from the Chair of the Nomination and Remuneration Committee 30 Remuneration report (audited) 32 Auditor’s independence declaration 54 Financial report 55 Consolidated statement of profit or loss and other comprehensive income 56 Consolidated statement of financial position 57 Consolidated statement of changes in equity 58 Consolidated statement of cash flows 59 Notes to the consolidated financial statements 60 Consolidated entity disclosure statement 103 Directors’ declaration 104 Independent auditor’s report 105 Shareholder information 110 Corporate directory 112 The world’s most trusted marketplace to buy and sell local services. We connect people who need work done, with people who want to work. OUR VISION To empower people to realise the full value of their skills. Creating jobs isn’t a by-product of the work that we do: it’s our core purpose. OUR MISSION Contents 2 3 AIRTASKER Annual Report 2026 FINANCIAL REPORT OVERVIEW DIRECTORS’ REPORT 5 Letter from the Chair Letter from the CEO Dear Fellow Shareholders, On behalf of the Board, I am pleased to report on Airtasker Limited’s year ended 30 June 2026 (‘FY26’). A year ago I described our strategy: reinvesting the cash generated in our home market into offshore markets many times the size of Australia, at pace, but with discipline. FY26 delivered growth in all three markets, including the strongest GMV growth in four years. Operational highlights Gross marketplace volume (‘GMV’) reached $239.8 million, up 14.9%. Airtasker marketplaces revenue grew 15.5% to $52.0 million, and Group revenue reached a record $57.8 million. Australian GMV growth re-accelerated to 10.9% reaching a record of $211.6m, supported by our media partnerships. UK and US revenue grew 55% and 150% respectively, and the UK passed its $25 million annualised GMV target slightly ahead of expectations. Airtasker membership, launched in February 2026, passed 10,000 paid subscribers by 30 June, and we retired the Oneflare brand and technology platform. Financial results Last year I noted the cognitive dissonance of positive free cash flow alongside a large statutory loss. This year it runs the other way. The statutory net loss narrowed to $7.0 million (FY25: $37.7 million) and the result attributable to owners was a $1.2 million profit, driven largely by $34.7 million of non-cash items: $18.5 million of unrealised gains on share purchase liabilities attached to our UK and US media partnerships, and a $16.2 million tax benefit. Australia generated $16.5 million after covering all global head office costs, up 8.6%. Against that we invested $21.7 million in the UK and US. The $5.2 million underlying Group cash outflow was a choice the Board made; the growth in all markets is the return on it, alongside the cash settlement of the oOh!media and ARN notes. In November 2025 we raised $10.0 million ($9.5 million net) through a placement at $0.30 per share, with the final tranche issued in June 2026 after shareholder approval. We invested $5.0 million of the proceeds in a one-off UK and US marketing programme in the second half. Our people Our talented team worked hard and smart, with solid productivity gains through AI. We welcomed John Boris to the Board in May, adding marketing and global consumer marketplace experience. In June shareholders approved a new CEO long-term incentive under which no value vests unless the share price reaches $1.00. Finally, my personal thanks to Mahendra Tharmarajah, who has supported me and the Board as Company Secretary, in addition to his CFO duties. Mahendra left us on 30 September, with the Board’s thanks. Reena Minhas, an experienced ASX-listed CFO and Company Secretary, joined in August to ensure an orderly transition, and we welcome Reena. Outlook and commitment to shareholders For FY27 the Board’s priorities are to return the Group to positive free cash flow; deliver double digit revenue growth and rising cash generation in Australia; reduce UK cash investment as it approaches self-sufficiency; grow the US with discipline; and scale membership towards 50,000 subscribers. With consumer sentiment weakening in Australia in the second half FY26 and continuing into FY27, the Board will only spend what the business generates in cash while conditions remain challenging. Since our August outlook in the Directors’ report, interest rates have risen further and consumer sentiment remains weak. Conditions may stay tougher for longer, and the Board will continue to hold expenditure to the cash the business generates. I thank each of my director colleagues, our excellent executive leadership team led by Tim, and their teams in turn; our Taskers and customers; and of course you, our shareholders, for your continued support. Yours faithfully, Cass O’Connor CHAIR Dear Shareholders, FY26 was a big year. Our mission - to empower people to realise the full value of their skills - has never mattered more. While AI is assisting with increasing productivity, skills that are growing in value are physical trades and crafts - and more than 95% of jobs on Airtasker platform need them. We made five commitments for FY26 and delivered all five: • Record GMV and re-accelerating growth. GMV reached $239.8 million, up 14.9% (FY25: 9.5%), driven mainly by more tasks and higher task values not fee increases. • Airtasker marketplaces revenue up 15.5% to $52.0 million. Australia grew 11.3% and international 65.8%. • Australian cash generation funded global expansion. A record $16.5 million (up 8.6%) covered all global head office costs and funded US and UK investment. • Record US and UK growth. UK revenue grew 55% and US 150%, and both beat their annualised GMV goals (UK $29.3 million vs $25 million; US $10.9 million vs $10 million). • A new recurring revenue stream. Airtasker membership launched in February and passed 10,000 paid subscribers by 30 June. Behind these numbers was a lot of blood, sweat and tears. Rebooking volumes grew 96% at 30 June 2026 vs pcp. AI moderation now detects and removes scams and leakage attempts in real time, and customers can book tasks end-to-end through AI agents - I believe an early preview of how people will buy local services in the new digital future. We also launched Airtasker Pro Pass for professional tradespeople. Our media partnerships lifted unprompted brand awareness 20%1 , and after year end we renewed with oOh!media and signed Nova Entertainment, adding $11.0 million of Australian media alongside our $5.0 million Nine Entertainment partnership announced in March. Our statutory net loss narrowed to $7.0 million (FY25: $37.7 million), helped by an $18.5 million non-cash gain from the same UK and US media partnership accounting that drove last year’s non-cash loss. Neither is cash, so I’d encourage you to look past both. What matters: underlying cash outflow was $5.2 million (inside guidance), we repaid the oOh!media and ARN notes in cash with no dilution, and we finished FY26 with $12.4 million cash and term deposits and $13.2 million of prepaid media. Our strategy is unchanged. In FY27 we will: 1. Invest in the core platform. Scale membership to 50,000 paid subscribers and use AI to ship faster and build trust. 2. Deliver profitable growth in Australia. Double digit revenue growth and cash generation above $16.5 million. 3. Scale the US and UK with discipline. UK growth with reduced cash investment, disciplined US growth, and international marketing at approximately 65% of FY26 levels. Thank you to our incredible team, our Taskers and customers, our amazing media partners, and the team behind the dream at Visa Cash App Racing Bulls. A special thank you to Mahendra Tharmarajah for a wonderful 4 years as CFO, and a warm welcome to Reena Minhas. There has never been a more exciting time to work on our mission: creating real human jobs in local communities all over the world. Let’s do this! Tim Fung CO-FOUNDER AND CHIEF EXECUTIVE OFFICER Letter from the CEO 1 YouGov Brand Tracker, 4Q26 compared with 4Q25 4 5 AIRTASKER Annual Report 2026 FINANCIAL REPORT OVERVIEW DIRECTORS’ REPORT 7 up from c. 1,000 members as at 3Q26 +15.5% AUD millions International 0 50 100 150 200 250 FY26 FY25 FY24 FY23 FY22 FY21 0 20 40 60 FY26 FY25 FY24 FY23 FY22 FY21 AUD millions $240m Group GMV (Gross Marketplace Volume) Airtasker Revenue Growth1 +65.8% $16.5m 0 2 4 6 FY26 FY25 FY24 FY23 FY22 FY21 AUD millions 0 5 10 15 20 FY26 FY25 FY24 AUD millions International Revenue Growth2 Australia + Head Office Cash Flow Generation3 up 55% and 150% for UK and US, respectively on pcp up 14.9% on pcp Airtasker marketplaces revenue a record $52.0m up 8.6% on pcp 7 AIRTASKER Annual Report 2026 FINANCIAL REPORT OVERVIEW DIRECTORS’ REPORT 6 1 FY26 Airtasker marketplaces revenue growth on pcp, excluding the Oneflare marketplace. 2 FY26 international Airtasker marketplaces revenue growth on pcp, excluding the Airtasker Australia and Oneflare marketplaces. 3 Excludes $9.5m net proceeds from the capital raise, $10.8m outflow in settlement of media partnership notes, $0.3m inflow from the maturity of term deposits and $0.2m foreign currency translation impact. 10,000+ Members Paid Subscribers FY26 at a glance 9 AIRTASKER Annual Report 2026 FINANCIAL REPORT OVERVIEW DIRECTORS’ REPORT Catherine (Cass) O’Connor INDEPENDENT NON-EXECUTIVE CHAIR Cass joined Airtasker as the Independent Non-Executive Chair on 1 July 2023. Cass is currently the Chair of Australian companies in venture backed technology, film and television production, premium consumer goods and Government backed performing arts. Cass has 35 years’ of executive, non-executive and advisory experience, spanning various industries including media production and distribution, technology, premium consumer goods, real estate and the arts. Her background is in finance, including as a senior equities research analyst with Deutsche Bank, and investment banking and private equity investing with a number of companies including Turnbull & Partners, Goldman Sachs LLC and Carnegie, Wylie & Co. Cass was previously the Chair of ASX-listed NextEd Group Limited (ASX:NXD) and the Chair of Prime Media Group. Cass has also held senior executive roles at some of Australia’s most successful pioneering technology success stories, including initial General Manager of OzEmail and Executive Director of Ecorp, which launched eBay in Australia. Timothy (Tim) Fung MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER Tim is co-founder, MD and CEO of Airtasker. He has been the CEO of Airtasker since its incorporation in 2011 and was appointed a Director on 15 March 2011. Tim was previously the co-founder of Tank Stream Labs, a Sydney- based technology co-working space. Prior to joining Airtasker, Tim was a founding team member at mobile telco start-up Amaysim and before that spent several years at Macquarie Bank and talent representation agency Chic Management. Ellen (Ellie) Comerford INDEPENDENT NON-EXECUTIVE DIRECTOR Ellie joined Airtasker as an Independent Non-Executive Director on 1 February 2021. Ellie has over 35 years of experience in financial services businesses in Australia and internationally across a range of regulated sectors, including insurance, banking and finance, and associated products and services. Ellie was the Chief Executive Officer and Managing Director of the former Genworth Mortgage Insurance Australia Limited (now Helia Group Ltd) (ASX:HLI) between 2010 and 2016, leading the company to an IPO in 2014. Prior executive positions in the previous circa 20 years were held with First American Financial Corporation (NYSE: FAF – Fortune 500) and Citigroup Australia. Ellie is a Non-Executive Director of Webjet Group Limited (ASX:WJL) where she Chairs the Audit and Risk Committee and is a member of the Remuneration and Nomination Committee. She is also a Non-Executive Director of a number of privately held companies in Australia and the Netherlands. Ellie is a member of Chief Executive Women. Peter (Pete) Hammond NON-EXECUTIVE DIRECTOR Pete joined Airtasker as a Non-Executive Director on 8 November 2013. Pete is a co-founder and director of Exto Partners, a Sydney-based venture capital firm formed in 2003. With over twenty years’ experience as a founder, investor and director of technology companies, Pete is experienced in building high growth companies. Pete is a qualified Chartered Accountant and prior to founding Exto Partners spent 10 years with KPMG in Australia and the US. As a senior executive with KPMG Consulting in New York, he focused on advising capital markets clients on risk management, product pricing, business process re-engineering and large-scale merger integration. Board of Directors Xiaofan (Fred) Bai NON-EXECUTIVE DIRECTOR Fred joined Airtasker as a Non-Executive Director on 24 April 2015. Fred is a co-founder and the managing partner of Morning Crest Capital, a venture capital firm. Fred is also founder and Chief Executive Officer of Fanyu Investment, an equity investment management company. Fred was a co-founder and director of NASDAQ listed company Reven Housing REIT. 8 John Boris INDEPENDENT NON-EXECUTIVE DIRECTOR John joined Airtasker as an Independent Non-Executive Director on 25 May 2026. John is an experienced executive with more than 25 years of marketing and management experience across leading tech-enabled consumer brands and two-sided marketplaces, predominantly in the United States. He has held senior roles including Chief Executive Officer, President, Chief Growth Officer and Chief Marketing Officer, with a track record of building profitable consumer and enterprise businesses, scaling platforms and creating strong corporate cultures. His experience spans companies such as Tripadvisor, Big Red Group, Shutterfly, IfOnly, Lonely Planet, Zagat Survey and 1-800-Flowers. John is a Non-Executive Director of Webjet Group Limited (ASX:WJL), where he chairs the Nomination and Remuneration Committee. He is also Chair of Feastables, Inc.- the chocolate and snack brand founded by YouTuber Jimmy Donaldson (MrBeast). Directors’ report The Directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as ‘Airtasker’ or the ‘Group’) consisting of Airtasker Limited (referred to hereafter as the ‘Company’ or ‘parent entity’) and the entities it controlled at the end of, or during, the financial year ended 30 June 2026 (‘FY26’). Directors The following persons were directors of Airtasker during the whole of the financial year and up to the date of this report, unless otherwise stated: Catherine (Cass) O’Connor Independent Non-Executive Chair Ellen (Ellie) Comerford Independent Non-Executive Director John (John) Boris Independent Non-Executive Director (Appointed 25 May 2026) Peter (Pete) Hammond Non-Executive Director Xiaofan (Fred) Bai Non-Executive Director Timothy (Tim) Fung Managing Director and Chief Executive Officer Company Secretary Mahendra Tharmarajah (resigned 30 Sept-26) Principal activity The principal activity of the Group is the provision of technology-enabled online marketplaces for local services, connecting people and businesses who need work done with people and businesses who want to work. 1 Gross profit is calculated based on ‘Revenue’ (as disclosed in the Consolidated statement of profit or loss and other comprehensive income) less ‘Cost of sales’ (refer to note 7 of the Notes to the Consolidated financial statements). 2 Earnings before net interest income and taxation. 3 Earnings before net interest income, taxation, depreciation and amortisation. 4 Represents the net (decrease)/increase in ‘cash and cash equivalents’ in the Consolidated statement of cash flows before the effects of exchange rate changes. 5 Monetisation rate represents Airtasker marketplaces revenue in a given financial period, expressed as a percentage of Airtasker marketplaces gross marketplace volume. 6 Airtasker marketplaces revenue (excluding the Oneflare marketplace). Refer to note 5. 7 Airtasker marketplaces platform revenue comprising connection fees charged to customers, service fees charged to taskers, cancellation fees and membership fees, excluding breakage revenue. Refer to note 5. 8 Gross marketplace volume represents the total value of all tasks booked through the Airtasker marketplaces including market stimulus transactions before cancellations and is inclusive of price adjustments between customers and taskers, bonuses paid by customers to taskers, fees payable by customers and taskers to Airtasker, tasker and customer membership fees, and any applicable sales taxes. Financial and operational review The profit attributable to the owners of the Group after providing for income tax and non-controlling interest amounted to $1.2 million (30 June 2025: loss of $31.6 million). Key financial and operational metrics Consolidated Financial metrics 2026 $’000 2025 $’000 Change $’000 Change % Group revenue 57,827 52,622 5,205 9.9% Gross profit1 55,367 50,397 4,970 9.9% Employee benefits expense (25,671) (22,575) (3,096) (13.7%) Sales and marketing expense (54,144) (46,279) (7,865) (17.0%) Technology expense (5,587) (5,223) (364) (7.0%) General and administration expense (8,319) (7,066) (1,253) (17.7%) Group EBIT2 (21,198) (36,806) 15,608 42.4% Group EBITDA3 (18,076) (33,650) 15,574 46.3% Loss before tax (23,116) (37,733) 14,617 38.7% Net loss after tax (6,966) (37,733) 30,767 81.5% Net profit /(loss) after tax attributable to the owners of Airtasker Limited 1,218 (31,569) 32,787 103.9% Net cash flow4 (6,239) 1,182 (7,421) (627.8%) Cash from operating activities (2,329) 4,361 (6,690) (153.4%) Cash and term deposits 12,361 19,062 (6,701) (35.2%) Total assets 63,828 70,408 (6,580) (9.3%) Total liabilities (64,661) (68,331) 3,670 5.4% Net (deficiency)/assets (833) 2,077 (2,910) (140.1%) Operational metrics - Airtasker marketplaces 2026 2025 Change Change % Booked tasks 897,568 835,647 61,921 7.4% Average task price ($) 267 250 17 7.0% Monetisation rate5 21.7% 21.6% 0.1% 0.5% Airtasker marketplaces revenue ($’000)6 52,023 45,033 6,990 15.5% Airtasker platform fee revenue ($’000)7 48,794 42,160 6,634 15.7% GMV ($’000)8 239,775 208,664 31,111 14.9% 11 AIRTASKER Annual Report 2026 FINANCIAL REPORT OVERVIEW DIRECTORS’ REPORT 10 Financial review Financial performance In FY26 Group statutory revenue grew 9.9% to $57.8 million, up from $52.6 million in the year to 30 June 2025 (‘FY25’). This increase was primarily driven by the Airtasker marketplaces (excluding the Oneflare marketplace), which saw strong 15.5% organic revenue growth contributing $52.0 million in FY26 (FY25: $45.0 million). New Marketplaces also contributed to the result with revenue growing 65.8% in FY26 to $5.8 million (FY25: $3.5 million). The Group’s gross profit mirrored this revenue growth, increasing by 9.9% over the reporting period. Organic revenue growth in the Airtasker marketplaces was supported by the Group’s global marketing strategy focussing on above-the-line brand marketing, complemented by public relations, paid performance marketing and sponsorships. The above-the-line brand marketing investment continued to be financed by leveraging the non-cash media advertising services from a series of media partnerships completed in Australia, the UK and the US between June 2023 and March 2026, while the public relations, paid performance marketing, brand sponsorship and other marketing activities were financed from Airtasker’s operating and financing cash flows. 0 20 40 60 FY26 FY25 FY24 FY23 FY22 FY21 FY20 AUD millions Group Revenue $57.8m Oneflare Airtasker The FY26 statutory Net loss after tax (‘NPAT’) was $7.0 million (FY25: $37.7 million loss) reflecting the sales and marketing investment of $54.1 million, $0.9 million impairment related to the Oneflare business and $2.5 million expense from the unwinding of the interest component of share purchase liabilities, offset by $14.8 million in unrealised statutory accounting gains arising from the remeasurement of share purchase liabilities, $3.7 million in unrealised statutory accounting gains from the related foreign currency translation and $16.2 million in income tax benefits. The Net profit after tax attributable to the owners of Airtasker Limited was $1.2 million (FY25: $31.6 million loss), after accounting for the 4 Ventures Limited (‘Channel 4’) and Univision Communications Inc. (‘TelevisaUnivision’) non-controlling interests that arose following the media-for-equity transactions in June 2023 and August 2024, respectively. Employee benefits expense increased 13.7% to $25.7 million (FY25: $22.6 million) principally due to salary indexation, headcount increases and an increase in contractor spend across engineering and customer support through business process outsource providers in the Philippines and Vietnam. During the year, as part of the Group’s global expansion strategy in its key markets of Australia, the UK and the US, sales and marketing investment increased 17.0% to $54.1 million (FY25: $46.3 million). The global marketing strategy predominantly involves above-the-line brand marketing through the use of non-cash media advertising services provided by a range of media partners in Australia, the UK and the US for consideration in the form of equity or unsecured convertible notes issued by the Company and Group subsidiaries. During the year, the marketing investment included $31.2 million in non-cash media advertising services (57.7% of total sales and marketing expense) while the remaining $22.9 million was an investment of Airtasker’s cash resources in marketing activities including public relations, paid performance marketing and brand sponsorship. Technology expense increased 7.0% to $5.6 million (FY25: $5.2 million) reflecting indexation of software licensing costs and continuing investment in both software and infrastructure resources in a disciplined manner. General and administration expense of $8.3 million (FY25: $7.1 million) reflected higher legal fees associated with the media partnership transactions, travel and accommodation costs associated with the scaling of the UK and US operations and higher investor relations related expenses. Earnings before net interest and taxation (‘Group EBIT’) and Earnings before net interest, taxation, depreciation and amortisation (‘Group EBITDA’) are non-statutory financial measures which are not prescribed by Australian Accounting Standards (‘AAS’) and represent the statutory NPAT under AAS adjusted for specific non-cash and other items. The Directors consider that Group EBIT and Group EBITDA assist in understanding the financial performance of the Group. Group EBIT and Group EBITDA have been calculated by eliminating the following from statutory NPAT: • Net interest expense, comprising finance costs less interest revenue; • Income tax benefit; and • Depreciation and amortisation expense. Consolidated Reconciliation of statutory NPAT to Group EBITDA 2026 $’000 2025 $’000 Change $’000 Change % Statutory NPAT (6,966) (37,733) 30,767 81.5% Add: Net interest expense 1,918 927 991 106.9% Add: Income tax benefit (note 8) (16,150) - - - Group EBIT (21,198) (36,806) 15,608 42.4% Add: Depreciation and amortisation expense (note 7) 3,122 3,156 34 1.1% Group EBITDA (18,076) (33,650) 15,574 46.3% For FY26, Group EBIT was a $21.2 million loss (FY25: $36.8 million loss) while Group EBITDA was an $18.1 million loss (FY25: $33.7 million loss). This result was due to an increase in marketing investment to $54.1 million including $31.2 million in non-cash media advertising services, offset by $14.8 million in unrealised statutory accounting gains arising from the remeasurement of share purchase liabilities and $3.7 million in unrealised statutory accounting gains from the related foreign currency translation. In total, $14.2 million of the $18.1 million Group EBITDA loss arose from non-cash statutory accounting expenses and losses. These items include share-based payments expense (note 20), non-cash media advertising services expense (note 10) and the remeasurement of the media partner share purchase liabilities and the associated foreign currency translation (note 17). Group EBIT was calculated by adjusting the statutory NPAT for net interest expense of $1.9 million and income tax benefit of $16.2 million while Group EBITDA reflected the adjustment of Group EBIT for the depreciation and amortisation expense of $3.1 million, which arose primarily from the amortisation of right-of-use assets and capitalised platform development expenditure. Media partnerships The Group has completed a number of media partnerships where Group subsidiaries in the UK and the US issued equity and unsecured convertible notes in exchange for media advertising services in the markets in which they operate. At maturity, the Group subsidiaries may choose to settle the unsecured convertible notes in cash for principal and coupon or convert them into equity in the issuing Group subsidiary. These unsecured convertible notes are recognised as equity-settled share-based payments with a forward obligation to repurchase the equity issued in subsequent periods. The forward obligation over own equity is treated as a share purchase liability. At the option of the Group, these forward obligations can be settled in cash or equity in the Company. The share purchase obligations are a function of the Group subsidiary valuation, which is based on each Group subsidiary’s trailing twelve months revenue prior to the forward purchase date, multiplied by the Group’s market capitalisation multiple as a function of the Group’s trailing twelve months revenue prior to the forward purchase date. The forecast revenues for the Group subsidiaries and the movement in the Group’s revenue based market capitalisation multiple were the primary drivers of the $14.8 million in unrealised statutory accounting gains arising from the remeasurement of the share purchase liabilities, recognised through profit or loss. In addition, as the share purchase liabilities are denominated in foreign currencies, there was a further $3.7 million in unrealised statutory accounting gains arising from the associated foreign currency translation of the share purchase liabilities, recognised through profit or loss. It is expected that as the Group continues to utilise prepaid media assets in executing its global marketing strategy, Group EBIT and Group EBITDA losses will continue to be significant in subsequent periods, as the utilisation is recognised as a sales and marketing expense through profit or loss. Changes in the measurement of the share purchase liabilities will also impact Group EBIT and Group EBITDA as they will be recognised directly to profit or loss, except for the unwinding of the effect of discounting on the liabilities, which will be recognised as a finance cost. Subsequent remeasurement of the share purchase liabilities will be subject to movements in the forecast revenues of the relevant Group subsidiary, the Group’s revenue based market capitalisation multiple, foreign currency translation rates and the Group’s cost of capital. Refer to note 10 and note 17. 12 13 AIRTASKER Annual Report 2026 FINANCIAL REPORT OVERVIEW DIRECTORS’ REPORT Operational review Overview Airtasker is Australia’s leading online marketplace platform for local services, connecting people who need work done with people who want to work. Airtasker’s mission is to empower people to realise the full value of their skills. In Australia, more than 13% of active digital platform workers use task-based digital platforms and more than 61% of those people have chosen to work through the Airtasker marketplaces, placing the Group at the forefront of the flexible working movement.1 The core purpose of the Group is to enable flexible jobs and income opportunities by becoming the world’s most trusted place to buy and sell local services. Since launching in 2012, Airtasker has had over $1 billion in jobs and 5 million tasks completed globally on the platform2 , and has put more than $839 million into the pockets of Australian taskers (net of Airtasker’s fees). During FY26, Airtasker marketplaces revenue grew 15.5% to $52.0 million (FY25: $45.0 million) supported by a 14.9% increase in GMV to $239.8 million (FY25: $208.7 million). This growth was driven by a 7.4% increase in booked tasks to 897,568 (FY25: 835,647) and a 7% increase in the average task price to $267 (FY25: $250). Growth in all marketplaces was achieved in the face of mixed macroeconomic conditions in the Group’s key markets, with conditions in the UK and US having lesser impact due to the earlier stage of development in those markets. In Australia, the Group’s largest market at 90.1% of Group revenue, macroeconomic conditions and consumer sentiment deteriorated over the course of the financial year. While monetary policy was eased in the first half of the financial year, the re-emergence of inflationary pressures, amplified by a war in the Middle East and higher global oil prices, resulted in the Reserve Bank of Australia reversing course and raising interest rates successively across the second half of the financial year. Consumer sentiment weakened materially in response, falling to levels well below historical averages, while the unemployment rate remained relatively steady. Management note that inflation and interest rate expectations appear to have stabilised towards the end of the financial year, and are cautiously optimistic that Australian macroeconomic conditions and consumer sentiment will improve over the course of financial year 2027, supporting improved marketplace demand. The Group continued to execute on its global marketing expansion program, securing follow-on investments from Channel 4 in the UK, iHeartMedia + Enter