| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
ART Stock Overview
Airtasker 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$0.43 |
| 52 Week High | AU$1.17 |
| 52 Week Low | AU$0.24 |
| Beta | 0 |
| 1 Month Change | 45.76% |
| 3 Month Change | 8.86% |
| 1 Year Change | -56.57% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -59.05% |
Recent News & Updates
Shareholder Returns
| ART | AU Interactive Media and Services | AU Market | |
|---|---|---|---|
| 7D | -11.3% | -2.5% | 0.8% |
| 1Y | -56.6% | -19.0% | -4.9% |
Return vs Industry: ART underperformed the Australian Interactive Media and Services industry which returned -19% over the past year.
Return vs Market: ART underperformed the Australian Market which returned -4.9% over the past year.
Price Volatility
| ART volatility | |
|---|---|
| ART Average Weekly Movement | 13.5% |
| Interactive Media and Services Industry Average Movement | 9.1% |
| Market Average Movement | 10.5% |
| 10% most volatile stocks in AU Market | 17.8% |
| 10% least volatile stocks in AU Market | 4.6% |
Stable Share Price: ART is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: ART's weekly volatility (14%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | n/a | Tim Fung | https://www.airtasker.com |
Airtasker 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$195.86m |
| Earnings (TTM) | -AU$13.05m |
| Revenue (TTM) | AU$27.88m |
6.8x
P/S Ratio-14.5x
P/E RatioIs ART overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ART income statement (TTM) | |
|---|---|
| Revenue | AU$27.88m |
| Cost of Revenue | AU$22.51m |
| Gross Profit | AU$5.37m |
| Other Expenses | AU$18.42m |
| Earnings | -AU$13.05m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.03 |
| Gross Margin | 19.24% |
| Net Profit Margin | -46.82% |
| Debt/Equity Ratio | 0% |
How did ART perform over the long term?
See historical performance and comparisonValuation
Is ART undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ART?
Other financial metrics that can be useful for relative valuation.
| What is ART's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$195.86m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.8x |
| Enterprise Value/EBITDA | -13x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does ART's PS Ratio compare to its peers?
| ART PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 4.7x | ||
HPG Hipages Group Holdings | 3.4x | 18.1% | AU$199.1m |
FDV Frontier Digital Ventures | 6.9x | 17.1% | AU$381.2m |
TMH Market Herald | 3.1x | n/a | AU$78.1m |
RMY RMA Global | 5.4x | n/a | AU$69.5m |
ART Airtasker | 6.9x | 33.2% | AU$192.8m |
Price-To-Sales vs Peers: ART is expensive based on its Price-To-Sales Ratio (6.9x) compared to the peer average (4.7x).
Price to Earnings Ratio vs Industry
How does ART's PE Ratio compare vs other companies in the Global Interactive Media and Services Industry?
Price-To-Sales vs Industry: ART is expensive based on its Price-To-Sales Ratio (6.9x) compared to the Global Interactive Media and Services industry average (2.3x)
Price to Sales Ratio vs Fair Ratio
What is ART's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 6.8x |
| Fair PS Ratio | 3.6x |
Price-To-Sales vs Fair Ratio: ART is expensive based on its Price-To-Sales Ratio (6.9x) compared to the estimated Fair Price-To-Sales Ratio (3.6x).
Share Price vs Fair Value
What is the Fair Price of ART when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate ART's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate ART's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Airtasker forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
33.2%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if ART's forecast earnings growth is above the savings rate (1.8%).
Earnings vs Market: Insufficient data to determine if ART's earnings are forecast to grow faster than the Australian market
High Growth Earnings: Insufficient data to determine if ART's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ART's revenue (33.2% per year) is forecast to grow faster than the Australian market (5% per year).
High Growth Revenue: ART's revenue (33.2% 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.
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Past Performance
How has Airtasker performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-149.5%
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 (12.7%).
Return on Equity
High ROE: ART has a negative Return on Equity (-31.79%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Airtasker's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ART's short term assets (A$38.1M) exceed its short term liabilities (A$9.7M).
Long Term Liabilities: ART's short term assets (A$38.1M) exceed its long term liabilities (A$123.0K).
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: ART has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ART has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 49.8% each year
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Dividend
What is Airtasker current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as ART has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Tim Fung
11.58yrs
Tenure
AU$3,685,640
Compensation
Mr. Timothy Fung, also known as Tim, is the Co-Founder of Airtasker Limited and serves as its Chief Executive Officer since 2011. Mr. Fung is responsible for the strategic marketing and business developmen...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD2.56M) is above average for companies of similar size in the Australian market ($USD280.16K).
Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.
Leadership Team
Experienced Management: ART's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: ART's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.3%.
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
- Implied Market Cap: AU$195.855m
- Shares outstanding: 440.12m
- 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 | 2022/08/19 00:00 |
| End of Day Share Price | 2022/08/19 00:00 |
| Earnings | 2021/12/31 |
| 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.