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Airtasker (ASX:ART) Market Cap : A$122.13 Mil (As of May. 01, 2024)


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What is Airtasker Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Airtasker's share price for the quarter that ended in Dec. 2023 was A$0.205. Airtasker's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 451.88 Mil. Therefore, Airtasker's market cap for the quarter that ended in Dec. 2023 was A$92.63 Mil.

Airtasker's quarterly market cap declined from Dec. 2022 (A$155.08 Mil) to Jun. 2023 (A$85.59 Mil) but then increased from Jun. 2023 (A$85.59 Mil) to Dec. 2023 (A$92.63 Mil).

Airtasker's annual market cap declined from Jun. 2021 (A$455.12 Mil) to Jun. 2022 (A$110.07 Mil) and declined from Jun. 2022 (A$110.07 Mil) to Jun. 2023 (A$85.59 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Airtasker's Enterprise Value for Today is A$108.09 Mil.


Airtasker Market Cap Historical Data

The historical data trend for Airtasker's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Airtasker Market Cap Chart

Airtasker Annual Data
Trend Jun21 Jun22 Jun23
Market Cap
455.12 110.07 85.59

Airtasker Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial 351.70 110.07 155.08 85.59 92.63

Competitive Comparison of Airtasker's Market Cap

For the Internet Content & Information subindustry, Airtasker's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Airtasker's Market Cap Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Airtasker's Market Cap distribution charts can be found below:

* The bar in red indicates where Airtasker's Market Cap falls into.



Airtasker Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Airtasker's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=A$0.19*450.47
=A$85.59

Airtasker's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=A$0.205*451.876
=A$92.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Airtasker  (ASX:ART) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Airtasker Market Cap Related Terms

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Airtasker (ASX:ART) Business Description

Traded in Other Exchanges
N/A
Address
24-28 Campbell Street, Level 6, Haymarket, NSW, AUS, 2000
Airtasker Ltd is a community platform that connects people who need to outsource tasks and find local services, with people who are looking to earn money and ready to work. It helps to complete home cleaning, handyman jobs, admin work, photography, graphic design or even build a website. The company generates revenue from service fees and stored value brokerage.

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