ART 3.39% 28.5¢ airtasker limited

It has 7-10% organic growth So FY24 $45m revenue?? Whatever the...

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  1. 10,976 Posts.
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    It has 7-10% organic growth
    So FY24 $45m revenue??
    Whatever the rate 10% organic growth over two years at $45m = ~$54m revenue by FY26 add $6m expenses + 10% and you get roughly projected ~$65m revenue by FY26. If it can keep expenses in check then cash from operating activities has potential to be in $20m range. So in essence looking two years ahead makes it very cheap. Obviously execution matters as if the advertising campaign doesn't pay off then they will be in the 20-30c range for an eternity
 
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