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25.0¢ airtasker limited

the result is good.. i know..but we in a very bad market...

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uranium69

4,840 Posts.

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13/08/23

19:40

Post #: 69314128
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Originally posted by Pallab12: ↑

One has to understand it is in growth phase. If we just look at AU marketplace which is in scaling phase, they are generating positive EBITDA even at current volume. Their staff expenses, R&D seems more because its not just for AU marketplace but also for UK and US combined. If you look at their announcement on 30/08/2022, Annual Result Presentation page 13, you can find detail break down on different markets and shows why the business model is working here in AU. They just have to scale the business in these new markets (early stage) and FY24 will be the year to watch. In support of this, if we look at all 4 x FY23 Quarterly's and compare that with FY22 Annual Result, FY22 vs FY23 revenue up by 42% and cash receipts by 37%., however staffing cost is also 46% which is not just for AU but for all three countries combined. Recently they have also done deal with Channel 4 which will only help in scaling the business in UK. I think they should do similar deal in US without dilution which will scale business to next level. All in my opinion, do your own research.

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the result is good.. i know..

but we in a very bad market sentiment....

thats why need to slow down..

also need salay cut.... tim cashing in

ART Price at posting: 21.5¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 25.0¢		Change -0.010(3.85%)		Mkt cap ! $117.6M

Open	High	Low	Value	Volume
26.0¢	26.0¢	25.0¢	$19.37K	75.68K

Buyers (Bids)

No.	Vol.	Price($)
12	103108	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	102456	2

View Market Depth

No.	Vol.	Price($)
12	103123	0.250
4	61671	0.245
6	30378	0.240
3	8555	0.235
4	45868	0.230

Price($)	Vol.	No.
0.255	102456	2
0.260	10803	5
0.265	30995	6
0.270	88008	12
0.275	22762	2

Last trade - 12.31pm 15/05/2024 (20 minute delay)


Last 25.5¢			Change -0.010 ( 0.62 %)
Open	High		Low	Volume
26.0¢	26.0¢		25.5¢	36810
Last updated 11.27am 15/05/2024 ?

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