Airtasker Ltd · ASX:ART

Airtasker — Shareholder Meeting (November 2023)

18 slides from Airtasker's shareholder meeting presentation, Nov 29, 2023

  1. Slide 1: Airtasker

    Airtasker 29 November 2023

  2. Slide 2: Disclaimer

    Disclaimer The following disclaimer applies to this presentation. Please consider its Forward looking information Financial information (continued) contents carefully. By accepting this presentation, you acknowledge that you This presentation contains certain forward-looking statements that involve

  3. Slide 3: Airtasker is building the world's most trusted marketplace

    Airtasker is building the world’s most trusted marketplace to buy and New brand image that speaks to two sell local services. people connecting We connect people who need work done, with people who want to work. 3

  4. Slide 4: Unique marketplace model and customer experience

    Aligned with our mission, we’ve built a unique marketplace model and customer experience Open marketplace Infinitely horizontal Built on transparency and Customers can get almost any task done, accountability to enable trust bringing together a highly fragmented with an eicient, light touch local se

  5. Slide 5: Revenue model tightly aligns Airtasker with the success of Taskers

    Revenue model tightly aligns Airtasker with the success of Taskers in our community GMV1 Revenue2 How does Airtasker make money? Sales Tax Insurance 1.8% 1.8% ● Free to post a task and receive oers. ● Free to access jobs and create quotes. Revenue Merchant fees ● Connection Fee is charged when user

  6. Slide 6: FY23 Financial Performance

    Revenue $44.2m Gross Profit $41.8m % +40.4 on pcp +42.6% on pcp FY23 Financial Performance: ● Revenue up 40.4% on pcp to $44.2m ● GMV1 up 33.7% on pcp to $253.5m ● Net cash outflows reduced by 23.9% on pcp 1. Comprising the Airtasker and Oneflare marketplaces. 6

  7. Slide 7: UK: New marketplaces GMV +35% & Revenue +93%

    UK Gross Marketplace Volume and Revenue UK: New marketplaces Revenue +92.5% on pcp to £0.5m GMV +35% & Revenue +93% GMV +34.6% on pcp to £3.7m The UK city-level marketplaces are in the ‘one to 100’ phase during which we begin to balance marketplace supply and demand. FY23 GMV grew 34.6% on pcp to £3

  8. Slide 8: US: New marketplaces Posted tasks +158% & Tasker offers +300%

    US Posted Tasks and Tasker Oers US: New marketplaces Posted tasks +158% Demand ● Posted tasks Supply ● Tasker oers & Tasker offers +300% ● 64,000 posted tasks ● 106,000 tasker oers ● 158.0% growth on pcp ● 300.2% growth on pcp The US city-level marketplaces are in the ‘zero to one’ phase during w

  9. Slide 9: Positive operating cash flow, strong financial position

    Operating Cash Flow2 Positive operating cash flow, +$709K Operating Cash Flow strong financial position: ● Strong balance sheet - $16.5m cash and zero debt.1 ● FY23 net cash outflows reduced 23.9% on pcp. ● Operating cash flow positive in 1Q24. 1. Comprising cash on hand of $8.0m and surplus cash term d

  10. Slide 10: A new milestone we're proud to share…

    A new milestone we’re proud to share… 10

  11. Slide 11: Competitive Landscape: uniquely positioned as a global platform for local services

    Competitive Landscape: Airtasker is uniquely positioned as a global platform for local services 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 to join and Taskrabbi

  12. Slide 12: Highly focussed growth strategy

    Highly focussed growth strategy: Invest in core Scale in new markets product experience via media partnerships 12

  13. Slide 13: Invest in core product experience to consolidate Australian market leadership

    Invest in core product experience to consolidate Australian market leadership Improve marketplace reliability Address platform leakage Invest in the brand by establishing clear expectations and and align financial incentives to Continue to delight our customers and responsibilities (policies & incent

  14. Slide 14: Roll out proven media partnership model to scale in new markets

    $112M Roll out proven media 25 400 partnership model to $91M scale in new markets 20 300 Marketing Spend (AUD millions) Our media partnership strategy enabled $68M New UPCs (thousands) Airtasker to build Australia’s leading 15 marketplace for local services. 215 224 189 200 Over 5 years, we generate

  15. Slide 15: Turbocharge UK marketplace with $6.7m Channel 4 partnership

    250 Turbocharge UK 200 £40B + 1 marketplace with $6.7m Local Services TAM Channel 4 partnership Channel 4 is a government-owned free-to-air 150 television network in the UK. 47 million people 1.2 billion streams 100 78% reach of the UK population 50 4 3 £4m Australian marketplace UK marketplace 2 1

  16. Slide 16: Post a Task

    any task done Post a Task

  17. Slide 17: mrWizard =

    es mrWizard = S File Edit View Computer é My Network Places Recyde Bin 21 abject{s) Help 1.12MB

  18. Slide 18: Thanks

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