Airtasker Ltd ( (AU:ART) ) just unveiled an announcement.
Airtasker Limited reported a significant improvement in its financial performance for the half-year ending December 2024, achieving a positive free cash flow of $0.6 million, a 105.3% increase compared to the previous period. The company experienced substantial revenue growth, particularly in its UK and US markets, and launched strategic partnerships with VCARB Formula One Team and OpenAI, which are expected to enhance its market positioning and operational capabilities.
More about Airtasker Ltd
Airtasker Limited operates in the online marketplace industry, providing a platform that connects people who need tasks done with skilled workers who can complete them. The company focuses on enhancing marketplace reliability and increasing brand marketing to boost its market presence.
YTD Price Performance: -20.65%
Average Trading Volume: 573,595
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$165.6M
Learn more about ART stock on TipRanks’ Stock Analysis page.