• Airtasker marketplaces revenue up 14.8% on pcp to $21.7m
• Positive free cash flow of $0.6m, up 105.3% on pcp
• Accelerating momentum in UK and US markets

Airtasker Limited (ASX:ART) has reported strong HY25 financial results, with Airtasker marketplaces revenue up 14.8% on the prior corresponding period to $21.7m. The company generated positive free cash flow of $0.6m, up 105.3% on pcp, and is seeing accelerating momentum in its UK and US markets. In the UK, Airtasker achieved record HY25 revenue of £582k ($1,136k), up 99.8% on pcp, and record HY25 GMV of £3.3m ($6.5m or $13.0m annualised run rate), up 64.9% on pcp. The company secured a follow-on investment of £4.0m ($7.8m) from Channel 4 to accelerate momentum in brand marketing and support expansion from London to Birmingham and Manchester. In the US, Airtasker's marketplace momentum was ignited following the launch of brand marketing investment in Sep-24, delivering 193.3% revenue growth on pcp to US$86k ($131k) and record HY25 GMV of US$446k ($677k), up 86.0% on pcp. Airtasker completed media deals with TelevisaUnivision, iHeartMedia, Sinclair and Mercurius providing US$21.75m ($32.6m) in media capital to accelerate marketing investment in LA and scale additional US cities in 2H25. The company is on track to deliver full year FY25 group positive free cash flow, double digit revenue growth for the Airtasker marketplaces, and continued growth trajectory in the UK and US markets.

Airtasker expects to deliver full year FY25 group positive free cash flow, double digit revenue growth for the Airtasker marketplaces, and continued growth trajectory in the UK and US markets.

Airtasker is on track to re-accelerate growth and reaffirm its full year FY25 guidance, with $18.3m in cash and term deposits on the balance sheet combined with $45.2m of unspent media capital from its media partners.