Airtasker
👤 Tim Fung (Amaysim's first employee/investor, not co-founder; those investor ties helped seed Airtasker, founded with Jonathan Lui in 2012.)🌐 siteLinkedIn
Post a chore, taskers bid, Airtasker keeps a fifth. A decade of liquidity plus equity-bought airtime made it pay.
Will it work? · our read
Cheap distribution. Ten years to build liquidity in one country, and the US is still tiny. The take rate is near its ceiling, so growth now depends on opening new markets the same slow, careful way.
01How the money moves
Poster lists a task with a budget, like flat-pack assembly or a house clean
→
Taskers bid; poster picks one; payment is held in escrow until done
→
Airtasker releases the funds and keeps a 12.5-20% service fee, plus tax
02The numbers
A$208.7M
FY25 GMV (not revenue)
ASX FY25
21.6%
take rate (rev / GMV)
ASX FY25
6% to 60%
AU brand awareness after the equity-for-TV deal
Stockhead
GMV is turnover, not revenue. The awareness jump is company-reported [our read]. Airtasker FY25 Appendix 4E
FY25: A$52.6M revenue (about US$34M) on A$208.7M GMV at a 21.6% take rate, and free-cash-flow positive two years running.
🔒
The facts are free. The judgment is for members.
You've seen how the money moves, the numbers, and every source — free, on all 365 cases, always. Members get the part you can't look up: why it won · where the moat really is · how it dies · how it beats its rivals — plus the 🚀 launchpad prompt that turns any case into a plan for your business.
Sources stay public, always · cancel anytime · 14-day refund
(demo: preview the full teardown)Sourcesupdated · daily
Airtasker FY25 Appendix 4E (ASX:ART) — audited revenue, GMV and the 21.6% take rate.BusinessWire: US media-for-equity partnerships — iHeartMedia and TelevisaUnivision deals.Stockhead: Airtasker's media-for-equity model — Seven West stake, awareness 6% to 60%, about 20x revenue.Forbes Australia: selling equity for airtime — Tim Fung on the strategy.Wikipedia: Airtasker — founding (Tim Fung, Jonathan Lui, 2012) and history.
Revenue (A$52.6M group), A$208.7M GMV and the 21.6% take rate are first-party from Airtasker's audited FY25 ASX Appendix 4E, FILED and verified. GMV is turnover, not revenue, labeled as such throughout. The 6%-to-60% awareness lift and about 20x revenue jump from the 2016 Seven West Media deal are company-reported, not independently audited [our read]. A separate Mi3 interview with Fung describes the same period as roughly 2% to about 25% awareness, so treat the exact figure as directional. USD figures are approximate at about 0.65 AUD per USD. We never score you.