Early Settlement of Australian Media Partnership Notes
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| Stock | Airtasker Ltd (ART.ASX) |
|---|---|
| Release Time | 29 Jun 2026, 9:51 a.m. |
| Price Sensitive | Yes |
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Airtasker Ltd Settles Media Partnership Notes Early
Key Points
- Airtasker settled $5,463,847 to oOh!media and $5,357,668 to ARN
- Early settlement saved $300,000 in interest
- Partnerships with oOh!media and ARN boosted brand salience by 38.5%
- Australian revenue grew by 20% in the last financial year
Full Summary
Airtasker Limited (ASX:ART) has confirmed the early settlement of its media partnership notes issued to oOh!media Limited (ASX:OML) and ARN Media Limited (ASX:A1N). The company settled $5,463,847 to oOh!media and $5,357,668 to ARN, saving a total of $300,000 in interest. These partnerships, which provided access to extensive media networks, contributed to a 38.5% increase in brand salience and a 20% increase in Australian revenue. CEO Tim Fung highlighted the success of these partnerships and expressed excitement for future media strategies.
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