Slide 1: HY26 Financial Results Presentation ASX Announcement
Airtasker Limited ABN 53 149 850 457 25 February 2026 ASX Announcement Airtasker Limited (ASX:ART) HY26 Financial Results Presentation Airtasker Limited (ASX:ART) is pleased to lodge the attached presentation being made by Chief Executive Officer, Tim Fung and Chief Financial Officer, Mahendra T
Slide 2: HY26 Financial Results Presentation
https://investors.airtasker.com/link/r6921e HY26 FINANCIAL RESULTS PRESENTATION 25 February 2026 Meet the Taskies: Chief
Slide 3: Disclaimer
Disclaimer The following disclaimer applies to this presentation. Please consider its Forward looking information (continued) Disclaimer contents carefully. By accepting this presentation, you acknowledge that you Actual results may dier materially from those anticipated in these No representation
Slide 4: Our Mission
Our Mission Lisa A. Ulverstone, Tasmania – National Winner, To empower people Airtasker Tasker Awards 2025 to realise the full A qualified horticulturist with a flawless 5-star rating who has built a gardening and pet care value of their skills. business over eight-years after a workmate suggested Air
Slide 5: Airtasker is well positioned to thrive in the AI era
Airtasker is well positioned “ Plumbers will to thrive in the AI era win the AI race” Jensen Huang CEO, NVIDIA1 Operational uplift: AI is already driving powerful operational improvements across Airtasker including enhanced customer discovery, content moderation and product development velocity. Rea
Slide 6: HY26 Financial Highlights
HY26 Financial Highlights 1 2 3 18.9% 115% $0.5m Airtasker International Positive operating revenue growth3 cash flow4 02 revenue growth1 Group revenue a record $29.1m UK revenue up 85.1% on pcp Fifth consecutive half of positive OCF GMV2 up 11.3% to a record $116.4m US revenue up 380% on pcp $27.1m
Slide 7: oOh!media Airtasker AO Takeover
oOh!media Airtasker AO Takeover Melbourne Central Jan-26 6
Slide 8: Financial Results
Meet the Taskies Ike Ike is a low-key, quiet fixer with a knack for the tricky stu. An essential tool for every flat pack, he’s got the perfect twist to build furniture like there’s no tomorrow. Section One FINANCIAL RESULTS 7
Slide 9: On track to achieve FY26 guidance
On track to achieve FY26 guidance: Guidance HY26 Progress Airtasker Australia1 to deliver solid double digit revenue growth. +12.9% +18.9% Airtasker Australia1 Airtasker marketplaces1 revenue growth on pcp revenue growth on pcp Australian marketplace cash flow generation (ex Oneflare) $7.7m to increas
Slide 10: HY26 Group Revenue up 13.5% to $29.1m
HY26 Group Revenue up 13.5% to $29.1m Airtasker Airtasker Airtasker marketplaces revenue1 Australia revenue1 international revenue2 $25.8m $23.1m $2.7m 18.9% 12.9% 115% on pcp on pcp on pcp 9 1. Excluding the Oneflare marketplace. 2. Airtasker marketplaces excluding Airtasker Australia and the Oneflar
Slide 11: Typical Cash Flow Seasonality
Typical Cash Flow Seasonality Revenue and Expense1,2 Net Cash Flow1,2 Notes Revenue Cash flow 2Q 3Q 4Q 2Q 3Q ● Australia3 contributed 93% of revenue in FY25. 1Q ● Revenue peaks in southern hemisphere spring/summer season (2Q/3Q). Australia 1Q 4Q ● Employee, tech and G&A costs relatively consistent ac
Slide 12: Airtasker Australia HY26 Revenue up 12.9% on pcp
Airtasker Australia1 HY26 Revenue up 12.9% on pcp Airtasker Australia1 GMV & Revenue ● HY26 revenue1 up 12.9% on pcp to $23.1m and on track to maintain double-digit revenue growth for FY26. $23.1m HY26 revenue ● Record HY26 GMV up 6.4% on pcp to $103.5m with monetisation2 rate improving by 1.3ppts o
Slide 13: Airtasker UK HY26 Revenue up 85.1% on pcp
Airtasker UK HY26 Revenue up 85.1% on pcp Airtasker UK GMV & Revenue ● HY26 revenue up 85.1% on pcp to $2.1m (£1.0m). ● HY26 GMV up 53.2% on pcp to $9.9m (£4.9m) with monetisation rate $2.1m improving by 3.7ppts on pcp to 21.2%. HY26 revenue ● GMV ARR1 up 42.8% on pcp to $16.9m (£8.4m). UK media par
Slide 14: Airtasker USA HY26 Revenue up 380% on pcp
Airtasker USA HY26 Revenue up 380% on pcp Airtasker USA GMV & Revenue (TTM)1 ● HY26 revenue up 379.6% on pcp to $0.6m (US$0.4m). $0.6m ● HY26 GMV up 309.4% on pcp to $2.8m (US$1.8m) with monetisation HY26 revenue rate improving by 3.3ppts on pcp to 22.6%. US media ● GMV ARR1 up 125.6% on pcp to $4.3
Slide 15: Positive operating cash flow and $27.1m in cash and term deposits
Positive operating cash flow and $27.1m in cash and term deposits Positive operating cash flow of $0.5m on the back of strong Group revenue growth which Positive ● delivered operating cash receipts of $32.2m, up 13.2% on pcp. operating cash flow +$0.5m ● Positive net cash flow of $8.3m following the suc
Slide 16: Australia generated $7.7m cash to invest in UK and US expansion
Australia generated $7.7m cash to invest in UK and US expansion ● Australian marketplaces generated positive $18.6m cash in HY26 HY26 HY25 variance variance ($m) ($m) ($m) (%) (up 10.7% on pcp) after covering Australian sales and marketing, customer service operations and all other direct operating
Slide 17: Local Tasker Activation
Local Tasker Activation Noosa Triathlon Nov-25 1616
Slide 18: Growth Strategy
Meet the Taskies Mason He zips around fixing things with a contagious buzz, always ready to power through whatever comes his way. Section Two GROWTH STRATEGY 17
Slide 19: Growth strategy
Growth strategy 1 2 3 Core platform investment Profitable growth Scale in UK and US Invest in Airtasker brand and core platform Deliver profitable growth Leverage platform and invest in new markets experience and maintain market leadership in Australia to generate cash turbocharged by media partnershi
Slide 20: Investment in brand salience re-accelerates Australian GMV
Brand Salience CORE PLATFORM INVESTMENT (Unprompted Awareness) Investment in brand salience +32.1% on pcp re-accelerates Australian GMV In HY26, Airtasker engaged leading marketing analytics firm Mutinex to develop a hierarchical bayesian marketing mix model (MMM)1: “A robust statistical analysis usi
Slide 21: Address platform leakage and improve purchase frequency
CORE PLATFORM INVESTMENT AI-enhanced Tasker Business Cards now sit on the Customer’s home screen: Address platform leakage and improve purchase frequency Rebooking Rapid, continuous improvement of the rebooking experience during HY26 delivered a 40.8% increase in rebooking volumes on pcp and GMV ARR
Slide 22: Generate recurring revenue and greater frequency via Airtasker Membership
CORE PLATFORM INVESTMENT Generate recurring revenue and greater frequency via Airtasker Membership New! We’ve just released an Airtasker membership program to generate recurring revenue and greater purchase frequency while also rewarding and delivering greater value to high frequency customers. The
Slide 23: FY26 Outlook
FY26 Outlook: 👊 Airtasker Australia1 to deliver double digit revenue growth - increasing contribution from topline GMV growth. 👊 Maximise Oneflare cash contribution. 👊 Australian marketplaces cash flow generation to increase in FY26. 👊 Airtasker UK and US markets accelerate growth trajectory…
Slide 24: Sponsorship Equipment Branding
Sponsorship Equipment Branding VCARB Factory Jan-26 23 23
Slide 25: Airtasker partners
Airtasker VISA ran PR {| CHAN iHeart Televisa MERCURIUS Bai PAVEN LES coh! am MEDIA Univision —_MEDIACAPITAL SINCLAIR
Slide 26: Annexure A: About Airtasker
Meet the Taskies Ray Quick and always on point, he’s the first to jump in when things start geing wobbly. No drama, no fuss. Ray’s all about nailing it. ANNEXURE A ABOUT AIRTASKER 25
Slide 27: The world's most trusted marketplace to buy and sell local services
Airtasker is building 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. 26
Slide 28: Unique value proposition
Unique value proposition Open Community Infinitely Horizontal Built on transparency and Unifying a fragmented local services accountability to enable trust with an industry and creating entirely new eicient light touch operating model. service categories. For Customers: For Taskers: ● Super fast res
Slide 29: Airtasker is uniquely positioned as a global platform for local services
COMPETITIVE LANDSCAPE Ecommerce model 1 Airtasker is uniquely positioned as a global platform for 2 local services Remote Local services outsourcing 1 Airtasker community model Free to join. Customers choose who they work with based on ratings, reviews and verified qualifications. *US/UK markets only.
Slide 30: Revenue model tightly aligns Airtasker with Tasker success
Revenue model tightly aligns Airtasker with Sales tax 2.3% GMV 1,3 Revenue 2,3 Insurance Tasker success 0.7% Revenue 22.2% Merchant fees How does Airtasker make money? 3.5% ● Free to post a task and receive oers. ● Free to access jobs and create quotes.4 ● Fees are charged when customers and Tasker
Slide 31: Annexure B: Scale in the UK and US
ANNEXURE B SCALE IN THE UK AND US 30
Slide 32: We have a proven model to build profitable, cash generative marketplaces
SCALE IN UK AND US 112 FY25 We have a proven model $190m+ 25 to build profitable, cash 91 20 generative marketplaces 68 15 AUD million In FY25, our Australian marketplaces generated ~$34.6m of cash flow: 36 9.7 1 10 Revenue $49.2m 8.4 2 Expenses $14.6m 6.8 12 Cash flow3 $34.6m 5 2.2 1.2 0 FY16 FY17 FY1
Slide 33: Opportunity to leverage our scalable software platform
SCALE IN UK AND US Opportunity to leverage our scalable software platform, turbocharged by local media partnerships Australian marketplaces generate cash flow in excess of software platform and head oice infrastructure investment $34.6m1 $19.4m2 cash generation investment (ASX:ART) Opportunity to le
Slide 34: New city-level marketplace goal: $25m GMV ARR and cash positive in 3 years
SCALE IN UK AND US New city-level marketplace goal: $25m GMV ARR and cash positive in 3 years Our city-level marketplace1 goal is to reach a GMV ARR of $25m in 3 years from launch. In the UK, we launched with media in Oct-23 and in the US we launched with media in Sep-24. At $25m GMV ARR, a city-lev
Slide 35: Growth momentum building: UK hits $21m and US hits $7.5m run rate
SCALE IN UK AND US Growth momentum building: UK hits $21m and US hits $7.5m run rate in FY25 Airtasker UK reached GMV ARR of $21m in Jun-25 at 21 months from launch date (Oct-23) Airtasker US reached GMV ARR of $7.5m in Jun-25 at 10 months from launch date (Sep-24) In FY26, 2Q and 3Q to maintain GMV
Slide 36: Annexure C: Strategic Context, Media Partnerships
Meet the Taskies Charlie Charlie is the life of the party. The bubbliest bucket in town, he’s ready to splash into the action and loves to turn any task into a fun time. ANNEXURE C STRATEGIC CONTEXT MEDIA PARTNERSHIPS 35
Slide 37: Media Partnership Summary
Media Partnership Summary All amounts in local Airtasker Limited may choose Principal Instrument Maturity Airtasker Group entity may choose to: currency millions. cash or ART equity to acquire4: Airtasker Limited (AUD) Repay $5.6m in cash oOh!media 5.0 Note 4Q26 or issue ART equity1 No equity repurc
Slide 38: UK Media Partnership Potential Outcomes
UK Media Partnership Potential Outcomes (Illustrative Example Only1) Airtasker Limited (ART) currently holds 80% of the equity in Airtasker UK. 2028 If media partnership convertible notes are converted at maturity, ART (ART buyback of UK equity) may hold approximately 65% of total equity in Airtaske
Slide 39: US Media Partnership Potential Outcomes
US Media Partnership Potential Outcomes (Illustrative Example Only1) Airtasker Limited (ART) currently holds 83% of the equity in Airtasker 20294 USA. If media partnership convertible notes are converted at maturity, (ART buyback of US equity) ART may hold approximately 65% of total equity in Airtas
Slide 40: Annexure D: Quarterly Operational Metrics
ANNEXURE D QUARTERLY OPERATIONAL METRICS Meet the Taskies Larry Long and laid-back, Larry’s got your back when you need things done high up. He’s strong, stable and always keeping things grounded. 39
Slide 41: Quarterly Financial Metrics
Quarterly Financial Metrics Airtasker marketplaces1 Australia1 UK US ● Above the line brand marketing investment commenced Sep-24 (1Q25) for ● Above the line brand marketing investment commenced Oct-23 (2Q24) for UK and Sep-24 Australia to drive GMV and revenue growth. (1Q25) for US, to drive strong
Slide 42: Quarterly Financial Metrics
Quarterly Financial Metrics 41 1. AU GMV excludes the Oneflare (‘OF’) marketplace.
Slide 43: Quarterly Operational Metrics
Quarterly Operational Metrics Airtasker marketplaces1 Australia1 UK US ● Product investment in marketplace reliability/sales funnel eiciency continued to drive growth in booked tasks and together with continuous refinement of pricing and yield management improved monetisation rate. ● Airtasker marke
Slide 44: Quarterly Operational Metrics
Quarterly Operational Metrics 43 1. Airtasker marketplaces only.