1Q27 Trading Update
Released
Released
Announcement PDF
Airtasker Limited
ABN 53 149 850 457
15 October 2026
ASX Announcement
Airtasker Limited (ASX:ART)
1Q27 Trading Update
Airtasker Limited (ASX:ART) is pleased to lodge the aached presentation being made by Chief
Executive Oicer, Tim Fung and Chief Financial Oicer Reena Minhas at its 1Q27 Trading Update as
follows:
Date: Thursday 15 October 2026
Time: 11.00 am AEDT
Webinar: Participants can register and join the webinar here: 1Q27 Trading Update
Mr Fung and Ms Minhas will also participate in a Q&A session where aendees will have the
opportunity to submit questions directly to management.
A recording of the webinar will be made available following the event.
-- Ends –
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join Airtasker's Investor Hub or for more information visit investors.airtasker.com.
For further information, please contact:
Media Enquiries
Andrea Philips
andrea.philips@airtasker.com
Investor Relations
investors.airtasker.com
investors@airtasker.com
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 the rapidly changing AI era. In 2025, Airtasker entered the
world of Formula OneTM through its partnership with the Visa Cash App Racing Bulls Formula OneTM Team
(VCARB). Since launching in 2012, Airtasker has had over $1 billion in jobs and 5 million tasks completed
globally on the platform, and has put more than $839 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.
https://investors.airtasker.com/link/r6921e
1Q27
Trading Update
15 October 2026
The following disclaimer applies to this presentation. Please consider its
contents carefully. By accepting this presentation, you acknowledge that you
are receiving it on the basis set out in the following paragraphs. This
presentation has been prepared by Airtasker Limited (Airtasker).
Currency of information
The information contained in this presentation is current as at the date of this
presentation or such earlier date as specified in this presentation.
Summary information
The information in this presentation is of a general nature only and does not
purport to be complete.
Not an oer
This presentation is not a prospectus or other disclosure document, and is
not an invitation or oer of securities in Airtasker for subscription, purchase
or sale in any jurisdiction.
Third party information
Certain market and industry data used in connection with this presentation
may have been obtained from research, surveys or studies conducted by third
parties, including industry or general publications. Neither Airtasker nor any
of its related bodies corporate, directors, employees, agents or advisers have
independently verified any such market or industry data.
Historical information
Past performance information in this presentation is given for illustrative
purposes only and should not be relied upon as, and is not, an indication of
future performance.
Forward looking information
This presentation contains certain forward-looking statements that involve
risks and uncertainties. Airtasker can give no assurance that these
expectations will prove to be correct. You are cautioned not to place undue
reliance on any forward-looking statements.
Forward looking information (continued)
Actual results may dier materially from those anticipated in these
forward-looking statements due to many important factors, risks and
uncertainties including, without limitation, risks associated with future
capital needs and general economic uncertainty.
Airtasker does not undertake any obligation to release any revisions to any
“forward-looking statement” to reflect events or circumstances after the
date of this presentation, except as may be required under applicable laws.
Financial information
This presentation contains certain financial information. The financial
information has been presented in an abbreviated form insofar as it does not
include all the presentation and disclosures, statements or comparative
information as required by the Australian Accounting Standards (AAS), the
International Financial Reporting Standards (IFRS) (including the
interpretations of the International Financial Reporting Interpretations
Commiee) and other mandatory professional reporting requirements
applicable to financial reports prepared in accordance with the Corporations
Act. All currency is in Australian dollars unless indicated. All financial
information is unaudited unless otherwise indicated.
Non-IFRS financial measures
Airtasker uses certain measures to manage and report on its business that
are not recognised under AAS or IFRS. These measures are collectively
referred to in this presentation as ‘non-IFRS financial measures’ under
Regulatory Guide 230 ‘Disclosing non-IFRS financial information’ published by
the Australian Securities and Investments Commission (ASIC).
Management uses these non-IFRS financial measures to evaluate the
performance and profitability of the overall business. Although Airtasker
believes that these measures provide useful information about the financial
performance of Airtasker, they should be considered as supplements to the
income statement measures that have been presented in accordance with
AAS and IFRS in Airtasker’s audited financial statements released on ASX and
not as a replacement for them.
Disclaimer
No representation or warranty, whether express or implied, is made by any
person as to the fairness, accuracy, completeness or correctness of the
information, opinions and conclusions contained in this presentation.
You should carry out your own investigations and analysis of Airtasker and
verify the accuracy, reliability and completeness of the information contained
in this presentation. Neither Airtasker nor any of its related bodies corporate,
directors, employees, agents and advisers accept any responsibility for any
loss arising from anyone acting or refraining from acting in reliance on the
contents of this presentation.
Distribution
This document has been prepared for publication in Australia and may not be
released to United States wire services or distributed in the United States. By
receiving this document you are deemed to confirm, represent and warrant to
Airtasker and its related bodies corporate and each of their directors,
employees, agents and advisers that you agree to be bound by the limitations
and conditions set out in this disclaimer.
Disclaimer
2
Record Australian GMV2
:
Australian GMV up 20.9% on pcp to $57.3m, more than 3x the growth rate of 1Q26 (6.1% pcp
growth). Australia revenue up 15.0% on pcp to $12.2m. Brand investment, pricing and
memberships all contributed.
With success of memberships, revenue growth has trailed GMV as membership fees are
included in GMV when paid and recognised as revenue over the membership period. As
memberships scale, revenue will continue to trail GMV until membership growth matures.
UK and US momentum continues:
UK GMV2
ARR reached $26.4m3
with revenue up 39.0% on pcp. US revenue increased 20.9% on
pcp with GMV2
ARR at $8.6m3
. Both markets move into their seasonally softer autumn / winter
season after a strong northern summer period.
Membership surpasses 25,000 paid subscribers:
Paid subscriptions surpassed 25,000 members at 30-Sep-26, up from 10,000 at Jun-26, and
well on track to achieve FY27 target of 50,000 members. Members pay upfront and as a result
cash is received in advance of revenue.
FY27 guidance re-airmed:
On the back of 1Q27 performance, Airtasker re-airms FY27 guidance issued in Aug-264
.
GMV 20.9%
Revenue 15.0%
GMV $26.4m ARR
GMV $8.6m ARR
Executive Summary
1. All amounts are unaudited and exclude the Oneflare marketplace.
2. Gross marketplace volume (GMV) for Airtasker only. GMV represents the total price of all tasks booked through the Airtasker marketplaces before cancellations and 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 memberships and any applicable sales taxes.
3. Sep-26 GMV multiplied by 12.
4. FY26 Results Presentation.
3
25,000+ Members
(Paid Subscribers)
Guidance Update
Australia to deliver double digit revenue growth (ex-Oneflare) with
increasing contribution from topline GMV growth.
Australia (including all global head oice costs) cash flow generation
to increase (FY26: $16.5m).
Membership delivers 50,000+ paid subscribers.
Airtasker UK continues to grow GMV and revenue whilst reducing
cash investment compared to FY26.
Airtasker US GMV and revenue growth supported by a targeted
program of marketing activity alongside media partners.
Group positive free cash flow.
4
FY27 guidance re-airmed
1Q27 Group revenue of $14.0m
Airtasker
marketplaces revenue
Airtasker
international revenue4
$1.8m
$14.0m
Airtasker
Australia revenue3
$12.2m
1. All amounts are unaudited.
2. Prior period comparatives exclude the Oneflare marketplace. The Oneflare brand and technology platform was retired in 4Q26 and its business and operations migrated to the Airtasker Australia marketplace.. Including Oneflare marketplace,
Group revenue is up 1.4% on pcp.
3. Airtasker Australia revenue excludes Oneflare marketplace.
4. Airtasker international revenue is Airtasker marketplaces excluding Airtasker Australia and the Oneflare marketplace.UK and US revenue growth rates on slides 7 and 8 are in local currency (GBP and USD) and are not directly comparable.
16.2%
1Q27 revenue
on pcp excl OF2
15.0%
1Q27 revenue
on pcp
24.8%
1Q27 revenue on
pcp
5
● Record GMV: 1Q27 GMV up 20.9% on pcp to $57.3m, the highest
quarter on record. Booked tasks up 7.8% on pcp, with average task
price up 12.2% from refreshed customer pricing and inflationary
tailwind.
● Strongest first quarter revenue: 1Q27 revenue up 15.0% on pcp to
$12.2m and on track to maintain double-digit revenue growth in FY27.
● Membership base growing: Paid subscribers surpassed 25,000
globally2
as at 30-Sep-26.
● Strategic media partnerships secured: Launched new strategic
partnerships with Nova Entertainment and oOh!media to secure
$11.0m in media capital over 3 years. Together with Nine
Entertainment, this brings total Australian investment in media
capital to $16.0m to further accelerate brand awareness.
● Brand awareness increasing: Unprompted brand awareness (brand
salience) was up a further 9%3
on pcp in 1Q27, building on the 20%
uplift delivered in FY26.
Airtasker Australia GMV & Revenue
1. All amounts are unaudited and exclude the Oneflare marketplace.
2. Over 22,100 members in Australia and over 2,900 in international marketplaces.
3. YouGov Brand Tracker.
20.9%
1Q27 GMV on pcp
6
Australia: 1Q27 Revenue up 15.0% on pcp
UK: 1Q27 Revenue up 39% on pcp
7
● Record revenue: 1Q27 revenue up 39.0% on pcp to £0.8m ($1.4m)
driven by topline GMV growth.
● TTM momentum continues: 1Q27 TTM2
GMV up 44.4% on pcp to
£12.1m ($23.3m) and TTM revenue up 45.1% on pcp to £2.5m ($4.7m).
● Growing recurring revenue stream: Acquired 2,100+ paid
subscribers in UK since launch in May-26.
● Strong GMV run-rate: Sep-26 GMV ARR3
at £14.0m ($26.4m). As the
northern hemisphere moves into autumn / winter, we expect GMV to
soften through 2Q/3Q before picking up again in 4Q.
● Guidance re-airmed: On track to grow GMV and revenue whilst
reducing cash investment compared to FY26.
Airtasker UK GMV & Revenue
1. All amounts are unaudited.
2. Trailing twelve months.
3. Sep-26 GMV multiplied by 12.
$26.4m
Annualised
GMV run rate
USA: 1Q27 Revenue up 21% on pcp
8
● Revenue continues to scale: Revenue up 20.9% on pcp to US$0.3m
($0.4m) driven by topline GMV growth.
● Strong growth momentum: 1Q27 TTM GMV up 80.8% on pcp to US$4.8m
($6.9m) and TTM revenue up 69.1% on pcp to US$0.9m ($1.4m).
● Strong GMV run-rate: Sep-26 GMV ARR2
at US$6.1m ($8.6m). As the
northern hemisphere moves into autumn / winter, we expect GMV to
soften through 2Q/3Q before picking up again in 4Q.
● Targeted growth: Rolling out a disciplined, targeted program of
marketing activity alongside media partners.
Airtasker USA GMV & Revenue
1. All amounts are unaudited.
2. Sep-26 GMV multiplied by 12.
$8.6m
Annualised
GMV run rate
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