ART 3.13% 33.0¢ airtasker limited

Ann: Channel 4 Media Partnership Announcement, page-5

  1. 69 Posts.
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    Very interesting deal. Implies the UK business is worth $32.5m AUD, suggesting around $50m for both the AUS and US businesses combined (looking straight at market cap). Even less on an enterprise value basis.

    With $20m cash (soon to be $26m including this deal), Airtasker is beginning to look stupidly cheap, especially with the recent cost cutting measures.
 
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