Company Overview
Provision of a technology enabled online marketplace for local services, enabling users who wish to have tasks completed (customers) to connect to community members who complete those tasks to earn money (taskers).
| Website | www.airtasker.com |
|---|---|
| Head Office | Haymarket NSW |
| Registry | Automic Registry Services |
| CEO | Timothy Fung |
| Chair Person | James Spenceley |
| GICS Industry | Media & Entertainment |
| Sub Industry | Interactive Media & Services |
| Sector | Communication Services |
| Market Cap | $164 m |
|---|---|
| Shares on Issue | 449 m |
| Status | Trading |
| Last Price | |
| Change | |
| 52 Week H/L | |
| VWAP | |
| Bid/Ask |
Directors and Management
Mr James Roland Travers Spenceley
Non-Executive Chairman,Non-Executive Director 31/03/2016
Mr Spenceley is currently a non-executive director of ASX-listed company, Think Childcare (ASX:TNK) and the executive chairperson of Swoop Telecom. Prior to joining Airtasker, James was the CEO and managing director of Vocus Communications (now Vocus Group) (ASX:VOC), one of Australia's telecommunications companies. James founded Vocus in 2007 and when he left in 2016 it was an ASX 100 company. James was also a non-executive director of APNIC Pty Ltd from 2008 to 2014, a non-executive director of Indoor Skydive Limited from 2018 to 2019 and a non-executive director of the children's charity, the Humpty Dumpty Foundation. James is a multiple former Ernst & Young Australian Entrepreneur of the year winner. James is a member of the Risk Committee of the ART.
Male
Ms Ellen (Ellie) Frances Comerford
Non-Executive Director 01/02/2021
Ms Comerford has over 30 years of experience in financial services businesses in Australia and internationally across a range of regulated sectors, including insurance, banking and finance, and associated products and services. Ellie is currently a non-executive director of Heartland Group Holdings Limited (NZX:HGH) and Auscred Pty Limited, and is the chair of the audit and risk committee in both roles. Ellie is also an executive director of Hollard Holdings Australia Pty Ltd. Ellie was the chief executive officer and managing director of Genworth Mortgage Insurance Australia (ASX:GMA) between 2010 and 2016, managing the company to IPO in 2014. Prior executive positions in the previous 20 years were held with First American Financial Corporation (NYSE: FAF - Fortune 500) and Citigroup Australia. Ellie is the chair of the Risk Committee of the ART.
BEco,MCEW Female
Mr Xiaofan (Fred) Bai
Non-Executive Director 24/04/2015
Mr Bai is a co-founder and the managing partner of Morning Crest Capital, a venture capital firm. Fred is currently also founder and CEO of Fanyu Investment, an equity investment management company. Fred was a co-founder and director of NASDAQ listed company Reven Housing REIT.
BCom Male
Mr Timothy John Fung
Chief Executive Officer,Executive Director 15/03/2011
Mr Fung is currently also a co-founder and director of Tank Stream Labs Pty Ltd, a Sydney-based technology co-working space, a director of Joe Button Pty Ltd and a director of Circuit Club Pty Ltd. Prior to joining Airtasker, Tim was a founding team member at mobile telco startup Amaysim and prior to that spent time at Macquarie Bank and talent representation agency Chic Management. He also received the UNSW Alumni Award in 2016.
BCom, Male
Mr Peter John Hammond
Non-Executive Director 08/11/2013
Mr Hammond is a co-founder and director of Exto Partners Pty Ltd, a Sydney-based venture capital investment company formed in 2003. Peter is a director of several of the investee companies of Exto Partners. Prior to founding Exto Partners, Peter has spent 10 years with KPMG in Australia and the US. As a senior executive with KPMG Consulting in New York, he focused on advising capital markets clients on risk management, product pricing, business process re-engineering and merger integration. Peter is a member of the Risk Committee of the ART.
BBus,CA Chartered Accountant Male
Top 20 Shareholders
| Name | Shares | % | |
|---|---|---|---|
| 1. | Exto Active Pty Ltd (Exto Active Pty Ltd A/C) | 67,329,340 | 17.14 |
| 2. | Tune Fiorano Pty Ltd (Tune Fiorano A/C) | 47,740,000 | 12.15 |
| 3. | HSBC Custody Nominees (Australia) Limited | 30,225,619 | 7.69 |
| 4. | Mcc Resources Holding Limited | 28,941,711 | 7.37 |
| 5. | Morning Crest Airtasker Investment Holdings Limited | 28,089,168 | 7.15 |
| 6. | Skyfield Capital Pty Ltd (Bluestone Unit A/C) | 22,096,692 | 5.62 |
| 7. | CS Third Nominees Pty Limited (HSBC Cust Nom Au Ltd 13 A/C) | 12,337,700 | 3.14 |
| 8. | Bridgelane Capital Pty Ltd | 9,641,769 | 2.45 |
| 9. | Citicorp Nominees Pty Limited | 6,883,480 | 1.75 |
| 10. | IAG Venture Pty Ltd | 6,759,539 | 1.72 |
| 11. | Nrma Treasury Limited | 4,886,000 | 1.24 |
| 12. | Washington H Soul Pattinson And Company Limited | 4,492,323 | 1.14 |
| 13. | J P Morgan Nominees Australia Pty Limited | 4,470,140 | 1.14 |
| 14. | National Nominees Limited | 4,356,235 | 1.11 |
| 15. | Jonathan See-Chun Lui | 4,283,347 | 1.09 |
| 16. | E&P Investments Limited (Cvc Emerging Companies A/C) | 3,846,200 | 0.98 |
| 17. | PG Erin Pty Ltd | 3,408,000 | 0.87 |
| 18. | Kingfire Pty Ltd (Summer Wine A/C) | 3,313,687 | 0.84 |
| 19. | Spenceley Management Pty Ltd (Spenceley Family A/C) | 3,212,000 | 0.82 |
| 20. | Sapien Ventures Investment Management Pty Ltd | 3,083,000 | 0.78 |
Director Transactions
| Date | Name | Qty | Value | Direction | Notes |
|---|---|---|---|---|---|
| 02/09/2021 | James Spenceley | 251,292 | $238,727 | Sell | Off-market trade. |