Airtasker Ltd · ASX:ART
Airtasker — Spark Plus Australian Equities Day 2024
19 slides from Airtasker's conference presentation, Sep 20, 2024
Slide 1: Spark Plus Australian Equities Day Presentation
Airtasker Limited ABN 53 149 850 457 20 September 2024 ASX Announcement Airtasker Limited ASX ART Spark Plus Australian Equities Day Presentation Airtasker Limited ASX ART is pleased to lodge the aached presentation being made by Chief Executive Oicer Tim Fung at the Spark Plus Australian Equities
Slide 2: 20 September 2024
For personal use only 20 September 2024
Slide 3: Disclaimer
Disclaimer For personal use only The following disclaimer applies to this presentation. Please consider its Forward looking information (continued) Disclaimer (continued) contents carefully. By accepting this presentation, you acknowledge that you Airtasker does not undertake any obligation to relea
Slide 4: It began with a chicken truck
For personal use only It began with a chicken truck
Slide 5: Airtasker is building the world's most trusted marketplace
For personal use only 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. 4
Slide 6: Our mission
For personal use only Our mission: “Thanks to Airtasker I found a quick way to pay o a massive vet bill… To empower people …and I’m now using my side hustle to realise the full earnings to pay my mortgage!” value of their skills. “Airtasker provides me with flexible Creating jobs isn’t a by-product
Slide 7: Unique Value Proposition
Unique Value Proposition For personal use only 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 Tas
Slide 8: Competitive landscape: uniquely positioned as a global platform for local services
Competitive landscape: Airtasker is uniquely positioned as a global platform for local services For personal use only Ecommerce model Community model Free to join. Customers choose who they work with based on ratings, reviews and verified qualifications. Curated supply model Workers pay an upfront fee
Slide 9: Revenue model tightly aligns Airtasker with Tasker success
Revenue model tightly aligns Airtasker with Tasker success For personal use only GMV 1,3 Revenue 2,3 Sales tax Insurance How does Airtasker make money? 2.0% 0.9% ● Free to post a task and receive oers. Revenue Merchant fees ● Free to access jobs and create quotes.4 20.0% 3.7% ● Fees are charged whe
Slide 10: Financial Highlights
Annualised Group Revenue55 Financial Highlights $46.6m For personal use only 50 FY24 FY24 Revenue 🏆 Positive free cash flow in FY24 $46.6m 6 40 🏆 Australian marketplaces growing 24.2% CAGR1 generating $31.0m annual free cash flow 30 🏆 $17.8m2 in cash and term deposits AUD million 🏆 $28.0m3 in…
Slide 11: Continuous investment in core product experience
Continuous investment in core product experience For personal use only Brand Investment Marketplace Trust Drive brand salience and leverage the Enhance trust signals across profiles and breadth of customer demand we can oers to enable greater customer address via our two-brand strategy. confidence an
Slide 12: A proven model to build profitable marketplaces
FY24 $190m For personal use only A proven model to build 25 112 profitable marketplaces 91 20 In FY24, our Australian marketplaces 68 generated $31.0m of cash flow: AUD million 15 36 Revenue1 $45.2m 10 9.7 8.4 Expenses2 $14.2m 6.8 12 Cash flow3 $31.0m 5 2.2 1.2 0 FY16 FY17 FY18 FY19 FY20 Marketing Spen
Slide 13: Opportunity to leverage our scalable software platform
Opportunity to leverage our scalable software platform, turbocharged by local media partnerships For personal use only Australian marketplaces generate free cash flow in excess of software platform and head oice infrastructure investment ART:ASX $31.0m $18.2m cash generation investment Opportunity t
Slide 14: Australia's #1 out of home company
For personal use only Australia’s #1 out of home company Over 35,000 sites across Australia including billboards, street furniture, airports, oice towers and retail centres driving 98% metro reach. 58 radio stations across Australia Extensive network of radio stations including KIIS FM, Pure Gold a
Slide 15: UK media partner reach
For personal use only 47 million people Channel 4 reaches 47m people (78% of all UK individuals) each month.1 1.2 billion streams Channel 4 owns the UK’s biggest free streaming service with more than 1.2b views every year.1 1. hps://www.channel4.com/corporate/about-4/who-we-are/channels-and-platfor
Slide 16: US media partner reach
For personal use only 276 million monthly audio listeners 860 broadcast stations in 160 US cities and a podcast network with over 252 million monthly downloads; reaching 9 out of 10 Americans every month. 100 million daily TV, audio and digital audience 38 cable networks in major US Hispanic markets
Slide 17: Our growing suite of market leading media partners
Our growing suite of For personal use only market leading media partners… TELEVISION OUTDOOR AUDIO AUDIO TELEVISION £3.5m $5.0m $5.0m US$5.0m US$4.75m
Slide 18: The opportunity: scale a proven model in larger US and UK markets
The opportunity: Scale a proven model with a US$590b1 For personal use only proven playbook in the 10x Local Services TAM larger US and UK markets ~$1.0m Annualised GMV 1. Frost and Sullivan, 2024.
Slide 19: Thank you!
For personal use only Tim Fung CEO Mahendra Tharmarajah CFO Thank you! Airtasker Limited | ABN 53 149 850 457