Hi,
I'm a rookie. Airtasker is not yet cash flow positive - is that correct?
I can see they have cash on hand to fund at least a year ahead, which is prudent given macroeconomic happenings. I can see they have a good profit margin, and make good initial results with regard to international expansion.
Some negatives I'm seeing is high salary costs. No real guidance / concrete plan about when they are likely to be cash flow positive and yield dividends.
At current price, do you think it's a good buy with the view to liquidate in 2 years? It would be money I need in 2 years time, so possibly it's too risky for me, and I'm trying to decide.
Kind regards and sorry to sound so green (I am!).
C
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Last
36.0¢ |
Change
0.015(4.35%) |
Mkt cap ! $162.8M |
Open | High | Low | Value | Volume |
34.5¢ | 36.0¢ | 33.5¢ | $102.3K | 291.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13070 | 35.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
36.0¢ | 79161 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13070 | 0.350 |
1 | 10000 | 0.340 |
5 | 88408 | 0.335 |
4 | 13016 | 0.330 |
3 | 66143 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.360 | 79161 | 5 |
0.365 | 34259 | 4 |
0.370 | 39240 | 6 |
0.375 | 53926 | 1 |
0.380 | 106196 | 5 |
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