Key points
- Revenue increased by 9.9% to $57.8 million
- Net loss after tax improved to $7.0 million loss from $37.7 million loss
- Group EBIT loss narrowed to $21.2 million from $36.8 million
- Airtasker marketplaces revenue grew 15.5% to $52.0 million
- Net cash used in operations was $2.3 million
Full summary
Airtasker Ltd's FY26 full year statutory accounts show a 9.9% increase in revenue to $57.8 million, with a net loss after tax of $7.0 million compared to a $37.7 million loss in FY25. The Group's gross profit increased by 9.9% over the reporting period. Airtasker marketplaces revenue grew by 15.5% to $52.0 million. Employee benefits expense increased by 13.7% to $25.7 million, while sales and marketing investment rose by 17.0% to $54.1 million. Group EBIT loss narrowed to $21.2 million from $36.8 million. The Group recorded net cash outflows of $6.2 million, with cash from operating activities decreasing by $6.7 million to a cash outflow of $2.3 million.
Guidance
FY26 revenue: $57.8 million, FY26 net loss after tax: $7.0 million
Outlook
Airtasker plans to continue its global expansion strategy, focusing on above-the-line brand marketing and increasing sales and marketing investments.