Airtasker Ltd
Giá lên

ART Long term holders

48
Airtasker is an Australian online marketplace connecting users with local service providers. In FY24, it reported $46.6M in revenue (5.6% growth) and $44.5M in gross profit, achieving positive free cash flow of $1.2M. Cost-efficiency measures, including a 26.1% reduction in employee expenses, were pivotal.

The company is expanding internationally, with the UK achieving a 76.3% YoY revenue increase in Q4 FY24. Airtasker also secured $11M in advertising partnerships to strengthen domestic growth. Its stock trades at $0.285 AUD, with a $129M AUD market cap, signaling investor confidence

The ascending triangle is a bullish continuation pattern often seen during an uptrend, characterized by higher lows and a relatively flat resistance level.
In this setup, the stock price has been consolidating between a horizontal resistance level around $0.30 - $0.32 AUD and ascending support.

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