Airtasker Limited operates as an online marketplace that connects users with local service providers for a wide range of tasks. The platform enables individuals and businesses to outsource tasks, find local services, or earn money by becoming a tasker. As a pioneer in the gig economy, Airtasker holds a strong position in the Australian market, providing a unique solution for flexible work and serv...
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Industry & Focus
gig economy
online marketplace
service platform
task outsourcing
startup
Company Overview
AI-generated company summary
Airtasker Limited operates as an online marketplace that connects users with local service providers for a wide range of tasks. The platform enables individuals and businesses to outsource tasks, find local services, or earn money by becoming a tasker. As a pioneer in the gig economy, Airtasker holds a strong position in the Australian market, providing a unique solution for flexible work and service needs.
Company History
Airtasker was founded in 2012 by Tim Fung and Jonathan Lui in Sydney, Australia, with the idea of creating a peer-to-peer marketplace for outsourcing everyday tasks. Over the years, it has expanded its services and user base, gaining significant traction in the Australian market. The company went public on the ASX in March 2021, marking a major milestone in its rapid growth trajectory. It has also expanded internationally, launching in the UK in 2018.
Competitive Advantages
Airtasker boasts a robust network effect derived from its large user base and diverse range of available services. The platform offers a flexible and scalable model that can be adapted to different markets. Additionally, its strong brand presence in Australia supports its continued market leadership.
Risk Factors
•Increased competition from other gig economy platforms
•Potential regulatory challenges in new markets
•Dependence on maintaining a critical mass of active users and tasks
Recent Developments
Last 6 months
In the past six months, Airtasker has reported an increase in revenue and active users, evidencing a strong post-COVID recovery. The company also announced new partnerships to enhance its service offerings and has made technological upgrades to improve user experience.
Key People
Leadership team at Airtasker
TF
Tim Fung
CEO
Tim Fung is the co-founder and CEO of Airtasker. With a background in launching startups, he drives the company’s strategic vision and growth initiatives, leveraging his extensive experience in digital marketplaces.
MS
Mark Simpson
CFO
Mark Simpson serves as the Chief Financial Officer at Airtasker, bringing a wealth of financial management expertise from his previous roles. He oversees the company's financial strategy and governance.
Financial Reports
22 reports available
2025 Annual Report
Annual ReportOct 30, 2025via asx_announcements
Relief from ASX Quarterly Reporting
Quarterly ReportSep 9, 2025via asx_announcements
FY25 Full Year Statutory Accounts
Full Year ResultsAug 28, 2025via asx_announcements
FY25 Financial Results Presentation
Financial ReportAug 28, 2025via asx_announcements
FY25 Financial Results Release and Webinar
Financial ReportAug 27, 2025via asx_announcements
Quarterly Activities/Appendix 4C Cash Flow Report
Quarterly ReportJul 31, 2025via asx_announcements
Quarterly Activities/Appendix 4C Cash Flow Report
Quarterly ReportApr 30, 2025via asx_announcements
Half Yearly Report and Accounts
Half Year ResultsFeb 27, 2025via asx_announcements