ART Long term holders
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.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.