Airtasker (ASX:ART) has reported financial milestones for the first half of the 2026 fiscal year, delivering a positive operating cash flow of $0.5 million.
The result was bolstered by a record group revenue of $29.1 million, representing a 13.5% increase compared to the previous period.
The company's core marketplace division led this momentum with revenue growth of 18.9%, driven by steady performance in Australia and explosive gains in international markets.
International revenue surged by 115%, with the United Kingdom growing by 85.1% and the United States seeing a remarkable 380% increase.
Beyond operational performance, Airtasker’s balance sheet was significantly strengthened by a successful capital raise in November 2025.
The initiative generated $9 million in net proceeds, contributing to a total positive net cash flow of $8.3 million for the half.
While the company increased its cash outflows by 19.3% to $31.9 million—primarily due to a planned ramp-up in marketing investment to accelerate gross marketplace volume in the UK and US—it remains in a robust financial position.
Management noted that the positive operating result was underpinned by a 13.2% rise in cash receipts, totalling $32.2 million.
At the time of reporting, Airtasker's share price was $0.24.