Slide 1: Airtasker
Airtasker STUFF THEY WANT Ae aw eh INCE i ‘ee hee a 2 September 2024 ad NY] : HISTORY BRIDGERTO Parenting BEHIND THE / Joke HE OFFICIAL PODCAST
Slide 2: Disclaimer
Disclaimer 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 release any revisions to an
Slide 3: Airtasker announces US$9.75m media partnership with iHeartMedia and TelevisaUnivision
Airtasker announces US$9.75m media partnership with iHeartMedia and TelevisaUnivision US$4.75m1 US$5.0m2 media investment media investment no. 1 Spanish language media America’s no. 1 audio company company in the United States 100 million daily Univision linear 276 million monthly iHeart audio TV, d
Slide 4: Scalable deal structure aligns interests of all parties and enables repurchase of Airtasker USA equity in 7 years
Scalable deal structure aligns interests of all parties and enables repurchase of Airtasker USA equity in 7 years ● TelevisaUnivision will provide US$4.75 million ($7.0 million) in advertising inventory in exchange for a 17.1% equity stake in Airtasker USA Inc. ● iHeartMedia will provide Airtasker w
Slide 5: US$5.0m iHeartMedia deal provides access to 276 million monthly audio listeners
US$5.0m1 iHeartMedia deal provides access to 276 million monthly audio listeners The partnership with iHeart enables promotion of the Airtasker brand through: ● 860 broadcast stations in 160 US cities, reaching 9 out of 10 Americans every month; ● Streaming audio and a podcast network with over 252
Slide 6: US$4.75m TelevisaUnivision deal provides access to 100 million daily TV, audio and digital audience
US$4.75m1 TelevisaUnivision deal provides access to 100 million daily TV, audio and digital audience Our partnership with TelevisaUnivision creates opportunities to promote the Airtasker brand across: ● 38 cable networks and 35 radio stations in major US Hispanic markets; ● Streaming service Vix whi
Slide 7: Our growing suite of market leading media partners
Our growing suite of market leading media partners… Television Outdoor Audio Audio Television £3.5m equity investment $5.0m unsecured convertible $5.0m unsecured convertible US$5.0m unsecured US$4.75m equity investment in Airtasker UK note issued by Airtasker note issued by Airtasker convertible not
Slide 8: Annexure: Media Partnership Growth Strategy
ANNEXURE: MEDIA PARTNERSHIP GROWTH STRATEGY
Slide 9: Cash generated by Airtasker Australia funds global expansion, turbocharged by local media-for-equity partnerships
Cash generated by Airtasker Australia funds global expansion, turbocharged by local media-for-equity partnerships Airtasker Limited ● Airtasker’s marketplace model is cash generative at scale but requires upfront marketing 100% 80%4 82.9% investment to establish network eects. ● Surplus cash genera
Slide 10: A proven model to build profitable marketplaces
A proven model to build profitable marketplaces 25 112 In FY24, our Australian (Airtasker Australia and Oneflare) marketplaces generated $31.0m of cash flow: 91 20 Revenue1 $45.2m Aributed expenses2 $14.2m 68 AUD million EBITDA (Cash flow proxy)1,3 $31.0m 15 To achieve this scale, commencing in 2016 we
Slide 11: Opportunity to leverage our scalable software platform
Australian marketplaces generate free cash flow in excess of software platform and head oice infrastructure investment: Opportunity to leverage our scalable software FY24: $17.8m platform cash and term deposits $31.0m $18.2m cash generation investment In FY24 we invested $18.2m in building a world c
Slide 12: Cash investment turbocharged by local media partnerships
Software platform Cash investment turbocharged and global marketing IP by local media partnerships A$31.0m cash generation £2.5m seed investment US$5.0m seed investment In each new marketplace, Airtasker provides access to a world class 100% 80% 82.9% software platform combined with global marketing
Slide 13: Investment structure enables upside whilst mitigating downside risk
Investment structure enables …and represents a compelling upside whilst mitigating investment proposition for downside risk… media partners: At the end of the initial investment period (5-7 years) Airtasker1 ● Proven model - Airtasker has a strong software platform, proven re-purchases equity held b
Slide 14: Thank you!
Thank you! Airtasker Limited | ABN 53 149 850 457