Airtasker Full Year 2024 Earnings: Misses Expectations

Simply Wall St · 08/30 21:11

Airtasker (ASX:ART) Full Year 2024 Results

Key Financial Results

  • Revenue: AU$48.2m (up 8.7% from FY 2023).
  • Net loss: AU$2.89m (loss narrowed by 78% from FY 2023).
  • AU$0.006 loss per share (improved from AU$0.029 loss in FY 2023).
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ASX:ART Earnings and Revenue Growth August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Airtasker Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 8.1%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Interactive Media and Services industry in Australia.

Performance of the Australian Interactive Media and Services industry.

The company's shares are up 1.9% from a week ago.

Risk Analysis

Be aware that Airtasker is showing 1 warning sign in our investment analysis that you should know about...