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Your friend, Lisa, read the media piece titled Airtasker defies drop in tasks posted to drive revenue to new heights and some of the comments

Your friend, Lisa, read the media piece titled Airtasker defies drop in tasks posted to drive revenue to new heights and some of the comments made in there caught her attention. These relate to the record profit, positive cash flow, gross profit increase of 41.7 per cent to $41 million, and the targeted cost reduction to strategy of axing headcounts to improve profitability. Lisa rings you to tell you how good an investment opportunity AirTasker is and is describing the media article titled Airtasker defies drop in tasks posted to drive revenue to new heights. She further adds that she is planning to invest $500,000 in AirTasker and wants your input given she has limited accounting knowledge.
Required:
You need to explain to her whether AirTasker is a good investment by addressing some of the comments that caught her attention.
You will have to discuss whether:
(a) How the record revenue in 2023 would likely translate in a positive cash flow in 2024?
- Justify answer using ratios
ROA (202325.34% vs 202237.18%)
ROE (202344.38% vs 202255.16%)
Debt Ratio (20230.429 vs 20220.326)
Gross Profit Margin (202394.53% vs 20229304%)
Profit Margin (2023-29.25% vs 2022-64.80%)
(b) Explain why the 41.7 per cent increase in Gross Profit to $41 million is enough valid data for her to consider as investor? Furthermore, what other consideration should be taken into account?

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