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only For personal use Airtasker 29 October 2021 ASX Announcement Airtasker Limited ( ASX Code : ART ) September quarter 2021 - Appendix 4C and quarterly activity report Highlights : Q1 Gross Marketplace Volume ( GMV ) up 6.2 % year - on - year ( yoy ) to $ 35.0 million despite key markets in lockdown for the quarter • Strong post - lockdown bounce back with latest weekly¹ GMV $ 3.6 million , equivalent to $ 185 million on an annualised run rate² basis Leadership further strengthened with appointment of Chief Product Officer , former Zip Co Chief Product and Technology Officer , Patrick Collins Airtasker demonstrated solid marketplace performance in Q1 FY22 with GMV up 6.2 % yoy to $ 35.0 million despite key markets , Sydney and Melbourne , being in Covid - 19 related lockdown for all or substantially all of the quarter ( and other markets being in lockdown for various parts of the quarter ) , showing the underlying growth and resilience of the marketplace . The marketplace performed well in an environment marked by extensive Covid - 19 related restrictions during the period , with receipts from customers up 2.3 % to $ 6.5 million compared to Q1 FY21 . Since the easing of restrictions in major markets , Sydney and Melbourne , Airtasker has experienced a sharp bounce back with latest weekly¹ GMV of $ 3.6 million , or $ 185 million on an annualised run rate² basis . Airtasker is heading into its strongest southern hemisphere seasonal growth period . International market growth continues with Q1 FY22 international GMV up more than 100 % driven by strong growth in UK compared to Q1 FY21 . The Zaarly integration and US expansion is progressing well with city - level markets launching in Dallas , Kansas City and Miami . We note that in contrast to an increase in seasonal growth in Australia , Airtasker's northern hemisphere marketplaces in the US and UK are now entering winter which represents a seasonally slower period . Q1 FY22 operating cash outflows increased compared to Q4 FY21 due to a ramp up of international marketing investment in line with expectations , annual bonuses triggered 1 7 - day rolling GMV to 26 October 2021 27 - day rolling GMV x 52 weeks Airtasker Ltd | ACN 149 850 457 | ASX : ART Level 3 , 71 York Street , Sydney NSW , 2000