Airtasker Limited's (ASX:ART) Path To Profitability

We feel now is a pretty good time to analyse Airtasker Limited's (ASX:ART) business as it appears the company may be on the cusp of a considerable accomplishment. Airtasker Limited engages in the provision of technology-enabled online marketplaces for local services in Australia. The AU$162m market-cap company announced a latest loss of AU$32m on 30 June 2025 for its most recent financial year result. Many investors are wondering about the rate at which Airtasker will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.

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Airtasker is bordering on breakeven, according to the 3 Australian Interactive Media and Services analysts. They anticipate the company to incur a final loss in 2026, before generating positive profits of AU$1.6m in 2027. The company is therefore projected to breakeven around 2 years from now. What rate will the company have to grow year-on-year in order to breakeven on this date? Using a line of best fit, we calculated an average annual growth rate of 87%, which is extremely buoyant. If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.

We're not going to go through company-specific developments for Airtasker given that this is a high-level summary, but, keep in mind that by and large a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.

Check out our latest analysis for Airtasker

One thing we’d like to point out is that Airtasker has no debt on its balance sheet, which is rare for a loss-making growth company, which typically has high debt relative to its equity. The company currently operates purely off its shareholder funding and has no debt obligation, reducing concerns around repayments and making it a less risky investment.

Next Steps:

There are too many aspects of Airtasker to cover in one brief article, but the key fundamentals for the company can all be found in one place – Airtasker's company page on Simply Wall St. We've also put together a list of essential factors you should further examine:

1. Valuation: What is Airtasker worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Airtasker is currently mispriced by the market.
2. Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Airtasker’s board and the CEO’s background.
3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.