How Is Airtasker Powering 600% Growth in the US Market?

Strong Financial Foundation in FY25

Airtasker Limited, Australia’s leading online marketplace for local services, presented a robust financial performance for FY25 during its Investor Day on 26 November 2025. The company reported $49.2 million in revenue from its Australian Marketplaces segment, which includes Airtasker Australia and Oneflare. Expenses were contained at $14.6 million, underpinning a healthy EBITDA and a positive cash flow of $34.6 million. This profitable growth signals Airtasker’s ability to scale its core business efficiently while maintaining financial discipline.

Accelerated International Expansion

Building on its domestic success, Airtasker is aggressively scaling in the UK and US markets. The UK marketplace saw an 83% year-on-year revenue increase in the first quarter of FY26, while the US market experienced a staggering 609% growth over the same period. These figures highlight the company’s successful replication of its Australian model in larger, more competitive markets. Annualised gross marketplace volume (GMV) run rates have reached $20 million in the UK and $6.6 million in the US, reflecting strong momentum.

Strategic Media Partnerships Fuel Growth

Airtasker’s expansion is supported by newly forged media partnerships with prominent players such as oOh!media, ARN, and iHeartMedia. These collaborations are designed to enhance brand salience and customer acquisition through targeted marketing campaigns and network effects. The company’s leadership emphasized that scaling on brand strength and media reach is critical to overcoming the classic “zero to one” challenge in marketplace growth.

Core Platform Investments Drive Trust and Frequency

Central to Airtasker’s strategy is investment in its platform’s trust mechanisms, frequency of use, and brand visibility. The company highlighted its commitment to transparency and accountability, fostering a trusted community that connects people seeking services with those offering skills. Leveraging AI and technology innovations, Airtasker aims to increase task frequency and user engagement, which are key drivers of marketplace liquidity and profitability.

Leadership and Vision

CEO and Co-Founder Tim Fung reiterated Airtasker’s mission to empower individuals to realise the full value of their skills through flexible work opportunities. The Investor Day also featured insights from CFO Mahendra Tharmarajah, CCO Fiona Stevens, and CTO Chaitanya Kuber, who collectively outlined a blueprint for efficient scaling from local to global markets. The company’s recent entry into Formula One™ through a partnership with the Visa Cash App Racing Bulls team further underscores its ambition to elevate brand recognition internationally.