Airtasker Valuation Multiples

Airtasker is valued at $69M as of September 2026, a 1.2x revenue multiple. In the last 12 months, Airtasker revenue was $42M and Airtasker EBITDA was ($6M).

Airtasker Overview

About Airtasker

Airtasker Ltd is a community platform that connects people who need to outsource tasks and find local services with those looking to earn money and ready to work. It helps complete home cleaning, handyman jobs, admin work, photography, graphic design, or even website building. The Group operates within two business segments: the ‘Established Marketplaces Segment’ and the ‘New Marketplaces Segment.’ The operations of both segments involve online marketplace platforms enabling users to outsource everyday tasks. The company generates the majority of its revenue from the Established Marketplaces Segment and operates in Australia and international markets, with majority of its revenue coming from Australia.


Founded

2011

HQ

Australia

Employees

N/A

Financials (LTM)

Revenue: $42M
EBITDA: ($6M)

EV

$50M

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Airtasker Financials

Airtasker reported last 12-month revenue of $42M and negative EBITDA of ($6M).

In the same LTM period, Airtasker generated $40M in gross profit, ($6M) in EBITDA losses, and had net loss of ($1M).

Revenue (LTM)


Airtasker P&L

In the most recent fiscal year, Airtasker reported revenue of $37M and EBITDA of ($24M).

Airtasker is unprofitable as of last fiscal year, with gross margin of 100%, EBITDA margin of (64%), and net margin of (60%).

See analyst estimates for Airtasker
LTMLast FY202320242025202620272028
Revenue$42M$37M$33M$36M$39M
Gross Profit$40M$37M$33M$36M$38M
Gross Margin96%100%100%100%98%
EBITDA($6M)($24M)($3M)($12M)($15M)
EBITDA Margin(14%)(64%)(9%)(34%)(39%)
EBIT Margin(43%)(63%)(20%)(39%)(57%)
Net Profit($1M)($22M)($6M)($12M)($11M)
Net Margin(3%)(60%)(17%)(35%)(27%)
Net Debt-($12M)---

Financial data powered by Morningstar, Inc.

Airtasker Stock Performance

Airtasker has current market cap of $69M, and enterprise value of $50M.

Market Cap Evolution


Airtasker's stock price is $0.14.

Airtasker share price decreased by 10.9% in the last 30 days, and by 48.6% in the last year.

Airtasker has an EPS (earnings per share) of $-0.05.

See more trading valuation data for Airtasker
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$50M$69M-0.0%-10.9%-7.3%-48.6%$-0.05

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Airtasker Valuation Multiples

Airtasker trades at 1.2x EV/Revenue multiple, and (8.7x) EV/EBITDA.

See NTM and 2027E valuation multiples for Airtasker

EV / Revenue (LTM)


Airtasker Financial Valuation Multiples

As of September 29, 2026, Airtasker has market cap of $69M and EV of $50M.

Airtasker has a P/E ratio of (47.1x).

LTMLast FY202320242025202620272028
EV/Revenue1.2x1.3x1.5x1.4x1.3x
EV/EBITDA(8.7x)(2.1x)(16.9x)(4.1x)(3.2x)
EV/EBIT(2.8x)(2.1x)(7.7x)(3.6x)(2.2x)
EV/Gross Profit1.2x1.3x1.5x1.4x1.3x
P/E(47.1x)(3.1x)(12.1x)(5.6x)(6.5x)
EV/FCF(23.9x)33.3x(10.5x)43.2x(51.3x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Airtasker Valuation Multiples

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Airtasker Margins & Growth Rates

Airtasker grew revenue by 12% but EBITDA decreased by 70% in the last fiscal year.

In the most recent fiscal year, Airtasker reported gross margin of 100%, EBITDA margin of (64%), and net margin of (60%).

See estimated margins and future growth rates for Airtasker

Airtasker Margins

Last FY202420252026202720282029
Gross Margin100%100%98%95%
EBITDA Margin(64%)(34%)(39%)(10%)
EBIT Margin(63%)(39%)(57%)(35%)
Net Margin(60%)(35%)(27%)(9%)
FCF Margin4%3%(2%)(2%)

Airtasker Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth12%9%10%8%
Gross Profit Growth7%9%8%6%
EBITDA Growth(70%)313%26%(72%)
EBIT Growth(10%)116%60%(34%)
Net Profit Growth(104%)118%(14%)(64%)
FCF Growth(330%)(124%)(184%)(26%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Airtasker Operational KPIs

Airtasker's Rule of 40 is (2%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Airtasker's Rule of X is 11% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Airtasker
LTMLast FY202320242025202620272028
Rule of 40(6%)(2%)---
Bessemer Rule of X4%11%---
S&M Expenses to Revenue-88%25%61%85%
G&A Expenses to Revenue-16%14%14%16%
Opex to Revenue-163%120%139%157%

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Airtasker Competitors

Airtasker competitors include SelectQuote, Livero, WeShop, AIX Inc., Kamux, CrowdWorks, Propdo, Swvl, Nerdy and Enechange.

Most Airtasker public comparables operate across Consumer Marketplaces and Vertical Marketplaces.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
SelectQuote$1.6B$138M0.5x0.5x5.4x7.0x
Livero$28M$5M1.9x1.7x10.0x7.1x
WeShop$561K($80M)132.1x-(0.9x)-
AIX Inc.$83M($342M)0.9x-(0.2x)-
Kamux$999M$16M0.1x0.1x7.5x6.2x
CrowdWorks$144M$8M0.3x0.3x5.4x9.2x
Propdo------
Swvl$24M$2M2.8x-32.4x-

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Airtasker VC Funding History

Before going public, Airtasker raised $38M in total equity funding, across 8 rounds.

Last private valuation of Airtasker was $20M, after raising $5M in May 2015 from Morning Crest Capital, Carthona Capital, NRMA, and 2 other investors.


Airtasker Funding Rounds

DateStageInvestorsRaisedValuationRev. MultipleDeal Summary
Oct-25Strategic investmentChannel 4 Ventures$3M-Channel 4 Ventures committed a third tranche of media-for-equity funding to Airtasker UK, GBP 2.5 million or about AUD 5.1 million of Channel 4 advertising inventory, in an announcement made to the Australian Securities Exchange on 8 October 2025. The investment takes Channel 4's total commitment to Airtasker's British subsidiary to GBP 10 million since June 2023 and is again structured as a convertible instrument: Airtasker UK may repay the principal plus a 5 per cent coupon at maturity in October 2027 or Channel 4 may convert into equity at a 10 per cent discount to an agreed valuation. Airtasker's chief executive Tim Fung said the media partnership strategy had been a catalyst for building the brand in the United Kingdom, where the marketplace passed an annualised gross marketplace volume run rate of more than AUD 21 million in June 2025. The arrangement follows the original GBP 3.5 million investment for a 20 per cent stake in Airtasker UK in June 2023 and a GBP 4.0 million follow-on in November 2024. Airtasker is an online marketplace on which consumers post everyday tasks such as removals, cleaning and assembly and workers bid to complete them, founded in Sydney in 2012 and listed on the Australian Securities Exchange since 2021.
Nov-24Strategic investmentChannel 4 Ventures$5M-Channel 4 Ventures made a follow-on media-for-equity investment of GBP 4.0 million, about AUD 7.8 million, in Airtasker UK announced on 27 November 2024, eighteen months after taking a 20 per cent stake in the British subsidiary. As with the original deal the consideration was Channel 4 advertising inventory rather than cash, structured as a convertible instrument that gives Airtasker UK the option to repay the principal plus a 5 per cent coupon or to convert Channel 4's investment into equity in the subsidiary. Airtasker announced the Channel 4 commitment alongside two United States media partnerships, with Sinclair and with Mercurius, each worth USD 6.0 million, taking the three deals to AUD 26.2 million and the group's media capital raised during 2024 to AUD 51.6 million. The company said the arrangements gave it access to broadcast and digital inventory reaching about 47 million people, or 78 per cent of the UK population, each month, and would support brand building in its two largest expansion markets. Airtasker is an online marketplace for local services founded in Sydney in 2012 by Tim Fung and Jonathan Lui, listed on the Australian Securities Exchange since 2021, on which consumers post everyday tasks and workers bid to complete them.
Jun-23Strategic investmentChannel 4 Ventures$4M-Channel 4 Ventures acquired a 20 per cent stake in Airtasker UK, the British subsidiary of the ASX-listed marketplace Airtasker, in a media-for-equity transaction announced on 8 June 2023. The consideration was GBP 3.5 million, about AUD 6.5 million, provided as Channel 4 advertising inventory across the broadcaster's linear channels and its streaming service rather than as cash. Airtasker's founder and chief executive Tim Fung said the partnership would replicate in Britain the approach that had made Airtasker a household name in Australia, where a comparable media arrangement with Seven West Media accompanied twentyfold revenue growth over five years, and that it gave the company access to a free streaming service with more than a billion views a year. From June 2028 Airtasker has the right and the obligation to buy back the equity Channel 4 holds in Airtasker UK at a valuation derived from Airtasker UK revenue and the group's own revenue multiple. Airtasker is an online marketplace on which consumers post everyday tasks such as removals, cleaning and assembly and workers bid to complete them, taking a commission on completed work; it was founded in Sydney in 2012 by Tim Fung and Jonathan Lui and listed on the Australian Securities Exchange in 2021.
Oct-17Series CMorning Crest Capital; IAG Firemark Ventures; Seven West Media; Skyfield Capital; Black Sheep Capital; Exto Partners$2M--
Oct-16SecondarySapien Ventures--Sapien Ventures acquired an interest in Airtasker through an investor-switch transaction in which some existing holders sold portions of their stakes to incoming investors. The secondary purchase followed Airtasker's AUD 22 million financing led by Seven West Media earlier in 2016.
Jun-16Series BMorning Crest Capital; Sapien Ventures; Seven West Media; NRMA; Exto Partners$16M-Airtasker is a Sydney-based online and mobile marketplace that enables users to outsource everyday tasks by describing their needs and setting budgets, with community members bidding to complete those tasks. The platform was founded in 2012 by Tim Fung and Jonathan Lui. In June 2016, Airtasker raised $22 million in a Series B investment led by Seven West Media, which acquired a 15% stake in the company. At the time of this funding, Airtasker had grown to approximately 600,000 community members and was processing more than $40 million in annual transaction volume. The company subsequently expanded internationally, raising an additional $33 million in October 2017 to support expansion into Britain.
May-15Series AMorning Crest Capital; Carthona Capital; NRMA; Black Sheep Capital; Exto Partners$5M$20MAirtasker raised $6.5 million in May 2015 in a round led by Morning Crest Capital and NRMA, with participation from Black Sheep Capital, Carthona Capital, and Exto Partners. The company claimed 250,000 users and processed $15 million worth of tasks annually at that time. This followed earlier funding, including a 2013 round that valued the company at AUD $10 million after raising a total of AUD $3.5 million.
Nov-13SeedBridgeLane Capital; Exto Partners$2M--

Acquisitions by Airtasker

Airtasker has acquired 2 companies to date.

Last acquisition by Airtasker was on May 4th 2022. Airtasker acquired Oneflare for $6M (EV/Revenue multiple available to Pro users).

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Latest Acquisitions by Airtasker

Oneflare
Zaarly
Description
-
Zaarly is a San Francisco-based online marketplace connecting consumers with local service professionals for tasks ranging from home repairs to event photography. Users browse profiles, read reviews, and book services directly through the platform. Founded in 2011, Zaarly pioneered neighborhood service hiring before pivoting toward enterprise solutions for property management.
HQ CountryAustraliaUnited States
HQ City
-
San Francisco, CA
Deal Date4 May 202221 May 2021
Valuation$6M$2M
EV/Revenue
EV/EBITDA

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About Airtasker

When was Airtasker founded?Airtasker was founded in 2011.
Where is Airtasker headquartered?Airtasker is headquartered in Australia.
Is Airtasker publicly listed?Yes, Airtasker is a public company listed on Australian Securities Exchange.
What is the stock symbol of Airtasker?Airtasker trades under ART ticker.
When did Airtasker go public?Airtasker went public in 2021.
Who are competitors of Airtasker?Airtasker main competitors include SelectQuote, Livero, WeShop, AIX Inc., Kamux, CrowdWorks, Propdo, Swvl, Nerdy, Enechange.
What is the current market cap of Airtasker?Airtasker's current market cap is $69M.
What is the current revenue of Airtasker?Airtasker's last 12 months revenue is $42M.
What is the current revenue growth of Airtasker?Airtasker revenue growth (NTM/LTM) is 7%.
What is the current EV/Revenue multiple of Airtasker?Current revenue multiple of Airtasker is 1.2x.
Is Airtasker profitable?No, Airtasker is not profitable.
What is the current EBITDA of Airtasker?Airtasker has negative EBITDA and is not profitable.
What is Airtasker's EBITDA margin?Airtasker's last 12 months EBITDA margin is (14%).
What is the current EV/EBITDA multiple of Airtasker?Current EBITDA multiple of Airtasker is (8.7x).
What is the current FCF of Airtasker?Airtasker's last 12 months FCF is ($2M).
What is Airtasker's FCF margin?Airtasker's last 12 months FCF margin is (5%).
What is the current EV/FCF multiple of Airtasker?Current FCF multiple of Airtasker is (23.9x).
How many companies Airtasker has acquired to date?As of September 2026, Airtasker has acquired 2 companies.
What was the largest acquisition by Airtasker?$6M acquisition of Oneflare on 4th May 2022 was the largest M&A Airtasker has done to date.
What companies Airtasker acquired?Airtasker acquired Oneflare and Zaarly.
In how many companies Airtasker has invested to date?Airtasker hasn't invested in any companies yet (or none have been disclosed publicly).

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