| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ART Overview
Airtasker Pty Limited operates a community platform that connects people to outsource tasks and find local services in Australia.
Airtasker Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.13 |
| 52 Week High | AU$0.88 |
| 52 Week Low | AU$1.97 |
| Beta | 0 |
| 1 Month Change | 18.95% |
| 3 Month Change | 13.57% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 7.62% |
Recent News & Updates
Shareholder Returns
| ART | AU Interactive Media and Services | AU Market | |
|---|---|---|---|
| 7D | 15.9% | 1.2% | 1.5% |
| 1Y | n/a | 28.4% | 21.1% |
Return vs Industry: Insufficient data to determine how ART performed against the Australian Interactive Media and Services industry.
Return vs Market: Insufficient data to determine how ART performed against the Australian Market.
Price Volatility
| ART volatility | |
|---|---|
| ART Beta | 0 |
| Industry Beta | 1.03 |
| Market Beta | 1 |
Stable Share Price: ART is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ART's weekly volatility has decreased from 15% to 5% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | n/a | Tim Fung | https://www.airtasker.com |
Airtasker Pty Limited operates a community platform that connects people to outsource tasks and find local services in Australia. Its platform offers a range of services, such as handyman services, including general handyman, indoor and outdoor installations and repairs, bricklaying and building work, wall hanging, furniture repair services; cleaning services, such as house, laundry, carpet, commercial and conservatory cleaning services; pickup and delivery services; hire removal services comprising furniture and fitness equipment disassembly, furniture and fitness equipment transport, and clearance services; and gardening, automotive, and assembly services. It also provides a range of creative tasks, including photography, graphic design, website, and blog support.
Airtasker Fundamentals Summary
| ART fundamental statistics | |
|---|---|
| Market Cap | AU$469.62m |
| Earnings (TTM) | -AU$9.71m |
| Revenue (TTM) | AU$26.57m |
17.7x
P/S Ratio-48.4x
P/E RatioIs ART overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ART income statement (TTM) | |
|---|---|
| Revenue | AU$26.57m |
| Cost of Revenue | AU$21.11m |
| Gross Profit | AU$5.46m |
| Expenses | AU$15.17m |
| Earnings | -AU$9.71m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.023 |
| Gross Margin | 20.54% |
| Net Profit Margin | -36.54% |
| Debt/Equity Ratio | 0% |
How did ART perform over the long term?
See historical performance and comparisonValuation
Is Airtasker undervalued compared to its fair value and its price relative to the market?
10.63x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ART's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ART's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ART is unprofitable, so we can't compare its PE Ratio to the Australian Interactive Media and Services industry average.
PE vs Market: ART is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ART's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ART is overvalued based on its PB Ratio (10.6x) compared to the AU Interactive Media and Services industry average (7.1x).
Future Growth
How is Airtasker forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
10.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ART is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: ART is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: ART is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: ART's revenue (27.1% per year) is forecast to grow faster than the Australian market (5.4% per year).
High Growth Revenue: ART's revenue (27.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ART is forecast to be unprofitable in 3 years.
Past Performance
How has Airtasker performed over the past 5 years?
5.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: ART is currently unprofitable.
Growing Profit Margin: ART is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if ART's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare ART's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ART is unprofitable, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (10.8%).
Return on Equity
High ROE: ART has a negative Return on Equity (-21.98%), as it is currently unprofitable.
Financial Health
How is Airtasker's financial position?
Financial Position Analysis
Short Term Liabilities: ART's short term assets (A$47.1M) exceed its short term liabilities (A$13.2M).
Long Term Liabilities: ART's short term assets (A$47.1M) exceed its long term liabilities (A$189.0K).
Debt to Equity History and Analysis
Debt Level: ART is debt free.
Reducing Debt: ART had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ART has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ART is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 238.6% per year.
Dividend
What is Airtasker current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ART's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ART's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ART's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ART's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ART's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Tim Fung
10.75yrs
Tenure
AU$3,685,640
Compensation
Mr. Timothy Fung, also known as Tim is the Co-Founder of Airtasker Limited and serves as its Chief Executive Officer since 2011. Mr. Fung is responsible for the strategic marketing and business development...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD2.76M) is above average for companies of similar size in the Australian market ($USD734.81K).
Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.
Leadership Team
Experienced Management: ART's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: ART's board of directors are considered experienced (6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ART insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: ART only recently listed within the past 12 months.
Top Shareholders
Company Information
Airtasker Limited's employee growth, exchange listings and data sources
Key Information
- Name: Airtasker Limited
- Ticker: ART
- Exchange: ASX
- Founded: 2011
- Industry: Interactive Media and Services
- Sector: Media
- Market Cap: AU$469.621m
- Shares outstanding: 415.59m
- Website: https://www.airtasker.com
Location
- Airtasker Limited
- 71 York Street
- Level 3
- Sydney
- New South Wales
- 2000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 18:18 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.