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Airtasker 29 July 2021 ASX Announcement Airtasker Limited ( ASX Code : ART ) JUNE QTR 2021 - APPENDIX 4C AND QUARTERLY ACTIVITY REPORT Q4 / FY21 Cash Flow and Operating Performance Continuing strong marketplace performance in Q4 produced positive cash flow from operating activities of $ 763k FY21 cash flow from operating activities ( excluding IPO costs ) was $ 7.4 million , with statutory cash flow from operating activities of $ 5.5 million compared with prospectus forecast of $ 0.1 million • FY21 GMV was $ 153.1 million , exceeding prospectus forecast of $ 143.7 million • 415k unique paying customers in FY21 exceeds prospectus forecast of 405k The positive operating cash flow in FY21 demonstrates the strength of the Airtasker model and its operating leverage at scale . Marketplace performance was achieved despite a 14 - day lockdown in Melbourne during the quarter and the start of the Sydney lockdown from 26 June . This positive variance was due to higher revenues and lower expenses than forecast and a number of working capital timing differences . International Expansion and Capital Update UK marketplace performing well off a small base with June quarter GMV up 93 % on March quarter and up 232 % year - on - year For personal use ● Zaarly integration and US expansion planning progressing well • Closing cash balance of $ 45.9 million due to stronger operating cash flow performance and capital raise On 21 May , Airtasker announced the acquisition of Zaarly , a US local services marketplace providing access to more than 597,000 registered users and 900+ verified services providers to accelerate expansion in the United States . Integration of Zaarly's operations and planning for US expansion are progressing well . Airtasker Ltd | ACN 149 850 457 | ASX : ART Level 3 , 71 York Street , Sydney NSW , 2000