View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsArtnet 将来の成長Future 基準チェック /06現在、 Artnetの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Specialty Retail 収益成長29.5%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報お知らせ • Apr 01Artnet AG Provides Earnings Guidance for the Year 2021Artnet AG provided earnings guidance for the year 2021. The company's management forecasts an increase in revenues in all segments for the financial year 2021. Total revenue is expected to increase moderately to a range of USD 23.5 million to USD 24.5 million.すべての更新を表示Recent updatesお知らせ • Aug 21Beowolff Capital completed the acquisition of an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others.Beowolff Capital agreed to acquire an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others on May 27, 2025. A cash consideration valued at €11.25 per share will be paid by the buyer. At the time of the offer's announcement, Beowolff Capital had secured approximately 65% of all outstanding shares through irrevocable acceptance letters and share purchase agreements. In connection with the offer announcement, Beowolff Capital and Artnet AG have today entered into an investment and delisting agreement. In this agreement, Artnet AG and Beowolff Capital have agreed that, subject to customary conditions and caveats, the Artnet AG will (i) support the Offer, (ii) apply for the revocation of the admission of the artnet Shares to trading on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with effect as of the end of the additional acceptance period of the Offer (Delisting) and (iii) take all commercially reasonable steps and measures to terminate the inclusion of the artnet Shares in trading on the open market. The offer is subject to approval by the German Federal Financial Supervisory Authority. As of June 11, 2025, the sale of the stake in artnet AG (Artnet) has now been completed and the purchase price of almost €20 million for the Artnet shares acquired has been paid to Rüdiger K. Weng and the companies under his control. As of July 8, 2025, the deal has been approved by the German Federal Financial Supervisory Authority. The management board and the supervisory board of Artnet AG recommends all shareholders of Artnet AG to accept the offer. The deal is expected to close on August 5, 2025. As on August 5, 2025, Total of 1.531983 million artnet shares were tendered into the voluntary public takeover and delisting offer for artnet AG during the acceptance period this corresponds to approximately 26.85% of all outstanding artnet shares. Beowolff Capital Secures 97.17% of all artnet Shares and provided additional acceptance period which will end on August 22, 2025. Weng Fine Art AG (WFA). Holger Alfes, Stephan Schulz, Philip M. Schmoll, Laurenz Wieneke, Jörg-Peter Kraack, Jan Hoffmann Linhard and Sebastian de Schmidt of Noerr Partnerschaftsgesellschaft mbB acted as legal advisor to Artnet AG. Benjamin Leyendecker of Kirkland & Ellis acted as legal advisor for Beowolff Capital. Richard Mayer-Uellner of CMS Germany act as legal advisor for Weng Fine Art AG. ParkView Partners acted as financial advisor to Beowolff Capital. Beowolff Capital completed the acquisition of an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others on August 19, 2025. The squeeze-out is being implemented pursuant to Sections 327a et seq. of the German Stock Corporation Act. The Squeeze-Out under Stock Corporation Law becomes effective upon registration of the transfer resolution with the Company’s commercial register. Upon registration of the transfer resolution with the commercial register, all shares in the Company held by the Minority Shareholders will be transferred to Leonardo Art Holdings GmbH.お知らせ • Aug 15Artnet AG to Report Q2, 2025 Final Results on Aug 22, 2025Artnet AG announced that they will report Q2, 2025 final results on Aug 22, 2025お知らせ • Jul 31Artnet AG to Report Fiscal Year 2024 Final Results on Aug 07, 2025Artnet AG announced that they will report fiscal year 2024 final results at 5:30 PM, Central European Standard Time on Aug 07, 2025お知らせ • Jun 23Artnet AG to Report Fiscal Year 2024 Results on Jul 31, 2025Artnet AG announced that they will report fiscal year 2024 results at 5:30 PM, Central European Standard Time on Jul 31, 2025お知らせ • Jun 13Beowolff Capital completed the acquisition of additional 29.99% stake in Artnet AG from Weng Fine Art AG (DB:WFA) and RÜDiger K. Weng A+A GmbH.Beowolff Capital agreed to acquire additional 29.99% stake in Artnet AG from Weng Fine Art AG (DB:WFA) and RÜDiger K. Weng A+A GmbH for almost €20 million on May 27, 2025. In this transaction, Weng Fine Art AG will get €15.2 million. WFA will use the high cash inflow primarily to reduce its bank liabilities and, as a result, will terminate its cooperation with three banks for the time being in the coming months. This will reduce the number of financing partners to three or four banks in the near future. The management plans to invest the remaining part of the income in the development of promising new business areas, among other things. The closing of the agreement is scheduled for May 30, 2025. Holger Alfes, Stephan Schulz, Philip M. Schmoll, Laurenz Wieneke, Jörg-Peter Kraack, Jan Hoffmann Linhard and Sebastian de Schmidt of Noerr Partnerschaftsgesellschaft mbB acted as legal advisor to Artnet AG. Benjamin Leyendecker of Kirkland & Ellis acted as legal advisor for Beowolff Capital. Richard Mayer-Uellner of CMS Germany act as legal advisor for Weng Fine Art AG. Beowolff Capital completed the acquisition of additional 29.99% stake in Artnet AG from Weng Fine Art AG (DB:WFA) and RÜDiger K. Weng A+A GmbH on June 11, 2025.お知らせ • May 27Beowolff Capital agreed to acquire an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others in a tender offer transaction.Beowolff Capital agreed to acquire an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others in a tender offer transaction on May 27, 2025. A cash consideration valued at €11.25 per share will be paid by the buyer. In connection with the offer announcement, the Company and the Bidder have today entered into an investment and delisting agreement. In this agreement, the Company and the Bidder have agreed that, subject to customary conditions and caveats, the Company will (i) support the Offer, (ii) apply for the revocation of the admission of the artnet Shares to trading on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with effect as of the end of the additional acceptance period of the Offer (Delisting) and (iii) take all commercially reasonable steps and measures to terminate the inclusion of the artnet Shares in trading on the open market. ParkView Partners acted as financial advisor to Beowolff Capital. Transaction is expected to complete on May 30, 2025. Holger Alfes, Stephan Schulz, Philip M. Schmoll, Laurenz Wieneke, Jörg-Peter Kraack, Jan Hoffmann Linhard and Sebastian de Schmidt of Noerr Partnerschaftsgesellschaft mbB acted as legal advisor to Artnet AG.お知らせ • Apr 24Artnet AG to Report Fiscal Year 2024 Final Results on Jun 30, 2025Artnet AG announced that they will report fiscal year 2024 final results at 5:30 PM, Central European Standard Time on Jun 30, 2025お知らせ • Apr 11Artnet Discusses Takeover Offer with Two InvestorsGerman art market website Artnet AG (XTRA:ART) said on April 10, 2025 that two investors are currently evaluating a possible takeover offer for the company with a potential consideration of at least EUR 11 per share. Based on Artnet’s number of shares, the potential bid would value the firm at up to EUR 61.81 million (USD 68.5 million). Artnet said that it is in talks with Art Technology Holding Inc. and another potential investor. At this point, however, the outcomes of the discussions are not clear and it is not certain that they will ultimately result in a takeover offer. The statement was made after Artnet shareholder Weng Fine Art AG earlier said that it was approached by Art Technology Holdings USA and other investor who are potentially planning a public takeover for Artnet. The investors sent draft declarations inviting Weng Fine to tender its Artnet shares.New Risk • Apr 08New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (€45.4m market cap, or US$49.7m).お知らせ • Mar 07Art Technology Holdings Inc. Announces Intent to Explore A Bid to Acquire Majority Control of ArtnetLast week at the Artnet Annual General Shareholder Meeting, Art Technology Holdings (ATH) formally announced their intent to explore a bid to acquire majority control of Artnet AG (XTRA:ART)- a leader provider of auction pricing data for fine art and a well-respected media voice in the fine art industry. Senior executives from ATH were in Berlin last week to meet with shareholders and explore a tender offer for a price of €11 per share. "Artnet is a very well-respected asset in the world of fine art. The company is the leading destination for critical data about art pricing and industry trends – creating a backbone for the development of the industry as a whole. Unfortunately, the company has not achieved its full potential and requires new leadership, ideas and technology to better serve the buyers and sellers in the global fine art market," said Garry McGuire, Executive Chairman of ATH. "We believe we can create value for shareholders and subscribers by changing management, investing working capital, and bringing Silicon Valley technology innovation to the business." Trevor Ruegg, CEO of ATH further added, "Artnet has significant technical debt and has been starved of investment capital due to its size and public company micro-cap limitations. This is a company that should be taken private and injected with new capital and strategies to better serve their customers and the art market more broadly. ATH seeks to provide infrastructure that will become a catalyst for growth in the fine art market, creating incrementality while not disintermediating participants in the current value chain".New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.3m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€41.4m market cap, or US$43.0m).お知らせ • Jan 22Artnet AG, Annual General Meeting, Feb 27, 2025Artnet AG, Annual General Meeting, Feb 27, 2025, at 10:00 W. Europe Standard Time.お知らせ • Oct 11Artnet AG, Annual General Meeting, Nov 18, 2024Artnet AG, Annual General Meeting, Nov 18, 2024, at 10:00 W. Europe Standard Time.New Risk • Sep 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€1.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.3m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€33.1m market cap, or US$36.9m).New Risk • Sep 22New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€1.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.3m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€31.7m market cap, or US$35.4m).Reported Earnings • Sep 02Full year 2023 earnings released: €0.18 loss per share (vs €0.021 profit in FY 2022)Full year 2023 results: €0.18 loss per share (down from €0.021 profit in FY 2022). Revenue: €23.3m (down 6.7% from FY 2022). Net loss: €1.00m (down €1.12m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance.お知らせ • Aug 28Artnet AG to Report Q2, 2024 Results on Sep 17, 2024Artnet AG announced that they will report Q2, 2024 results on Sep 17, 2024New Risk • Aug 15New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (€31.8m market cap, or US$35.0m).お知らせ • Aug 12Artnet AG to Report Q2, 2024 Results on Aug 30, 2024Artnet AG announced that they will report Q2, 2024 results on Aug 30, 2024お知らせ • Jun 14Weng Fine Art AG (DB:WFA) acquired additional unknown minority stake in Artnet AG (XTRA:ART).Weng Fine Art AG (DB:WFA) acquired additional unknown minority stake in Artnet AG (XTRA:ART) on June 13, 2024. Rüdiger K. Weng, founder and majority shareholder of WFA, currently holds a direct and indirect stake of almost 30% in Artnet, making him the company's largest shareholder.Weng Fine Art AG (DB:WFA) completed the acquisition of additional unknown minority stake in Artnet AG (XTRA:ART) on June 13, 2024.お知らせ • May 01Artnet AG to Report Fiscal Year 2023 Results on May 31, 2024Artnet AG announced that they will report fiscal year 2023 results on May 31, 2024New Risk • Mar 31New major risk - Revenue and earnings growthEarnings have declined by 42% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 42% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (€32.6m market cap, or US$35.2m).お知らせ • Mar 15An unknown investor from London signed a non-binding letter of intent to acquire an unknown minority stake in Artnet AG (XTRA : ART) from Weng Fine Art AG and Rüdiger K. Weng A+A GmbH.An unknown investor from London signed a non-binding letter of intent to acquire an unknown minority stake in Artnet AG (XTRA : ART) from Weng Fine Art AG and Rüdiger K. Weng A+A GmbH on March 14, 2024. The transaction include a sale of all shares in artnet AG held by Weng Fine Art AG and Rüdiger K. Weng A+A GmbH. WFA and A+A have granted the investor exclusivity for a limited period of time. It is currently uncertain whether the transaction will ultimately go through. This depends primarily on whether the investor also reaches an agreement with other Artnet shareholders in order to obtain a majority stake in the company.New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (€34.3m market cap, or US$37.2m).New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€45.0m market cap, or US$49.3m).お知らせ • Oct 07Artnet Ag Announces Martina Batovic Has Joined Artnet Auctions as Co-Head of Post-War & Contemporary ArtArtnet AG announced that Martina Batovic has joined Artnet Auctions as Co-Head of Post-War & Contemporary Art. With over 15 years of experience at leading Galleries and Auction Houses, Martina is set to grow Artnet Auctions' presence in the UK and Europe. Previously, Martina spent 7 years in the auction world, most recently as the Head of UK for Dorotheum, building the UK business and client base for the important auction house in central Europe, and previously as a Post-War and contemporary Specialist with Bonhams. Martina is a regular panellist, industry voice and an active participant in the contemporary art world, including PEER UK where she serves as a Trustee.With a multi-faceted view of the industry, Martina has worked across all three major areas of the market: auction, gallery and advisory. Since May 2021, she is Founder & CEO of Artisan Art Intelligence, an innovative strategic consultancy focusing on private sales, market intelligence and art education. Building on her wealth of diverse industry experience, Martina works with clients to fulfill their needs when operating in the art world.As a pioneer of online transactions, Artnet's Marketplace is ideally positioned to harness the nascent shift to online experiences and sales within the art industry. With major auction houses reporting that the majority of their bidding is taking place online, and 78% of collectors having purchased art online in 2022, the art world's future is clearly digital. Artnet is uniquely positioned to offer collectors and professionals an unparalleled, holistic, and transparent experience and service by harnessing its rich data and information to empower buyers and sellers alike.New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Market cap is less than US$100m (€50.1m market cap, or US$54.5m).Reported Earnings • Aug 17Second quarter 2023 earnings released: €0.02 loss per share (vs €0.08 loss in 2Q 2022)Second quarter 2023 results: €0.02 loss per share (improved from €0.08 loss in 2Q 2022). Revenue: €6.05m (down 3.7% from 2Q 2022). Net loss: €88.5k (loss narrowed 79% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.お知らせ • Nov 09Artnet AG Introduces Art-Secured LendingArtnet introduced its Art Secured Lending Brokerage program. Artnet seeks to create a global, efficient art market. This new service enables and improves Artnet's subscribers' access to capital by leveraging their fine art assets. Fine Art has become a significant alternative asset class, which has led to its increased use as collateral against loans. Artnet aims to drive efficiency in the fine art financing market by connecting its users to the best possible lending provider, given their loan profile, and creating a transparent system that drives liquidity. Easing access to capital is designed to support continued market growth to benefit participants across the ecosystem at every level. Artnet launch this service together with the Fine Art Group and Luxury Asset Capital as its primary loan providers. The Partnerships program will facilitate global access to loans from $25,000 to over $10 million. In addition to fine art and other auction-quality assets, Artnet clients can obtain loans using a wide variety of luxury assets, including luxury and classic cars, luxury watches, fine jewelry and diamonds, gold and silver, and designer handbags and accessories. The service is integrated into the Price Database user experience, giving existing and new subscribers immediate access to the service.お知らせ • Sep 22Weng Fine Art AG (DB:WFA) submitted a bid to acquire additional unknown stakes in artnet AG (XTRA:ART).Weng Fine Art AG (DB:WFA) submitted a bid to acquire additional unknown stakes in artnet AG (XTRA:ART) on September 20, 2022. Weng Fine Art AG will acquire at €7.20 per share.Reported Earnings • Aug 18Second quarter 2022 earnings released: €0.08 loss per share (vs €0.07 profit in 2Q 2021)Second quarter 2022 results: €0.08 loss per share (down from €0.07 profit in 2Q 2021). Revenue: €6.29m (up 13% from 2Q 2021). Net loss: €428.8k (down 211% from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance.お知らせ • Aug 14artnet AG to Report Q2, 2022 Results on Aug 15, 2022artnet AG announced that they will report Q2, 2022 results on Aug 15, 2022お知らせ • Aug 03Artnet Hires Rob Baker as Senior Vice PresidentArtnet announced that Rob Baker has joined as Senior Vice President of Marketing. Baker joins Artnet from the Museum of Modern Art (MoMA), where he led the Museum's marketing and creative strategy since 2017. An accomplished marketing leader in the art world, Baker has an established track-record of developing brands and driving commercial impact. In 2019, Baker oversaw the launch of MoMA's expansion, with record-breaking attendance results. He also executed a new digital marketing strategy, achieving the largest social media following in the sector, with +15 million followers globally. Prior to MoMA, Baker served as Chief Marketing Officer at Tate, leading marketing, membership, brand positioning and digital audience engagement for the group of four galleries. He drove all marketing and audience engagement strategies for the expansion of Tate Modern in 2016, achieving a record-breaking 6 million visitors annually, making it the UK's most popular visitor attraction. Baker previously served as Head of Marketing for the Barbican Center where he relaunched the Barbican membership scheme, increasing revenues by a record 85% year over year. He started his career in strategy roles for advertising and communications agencies in London. Baker will be leading Artnet's Marketing team out of the company's new London offices at Cromwell Place. Cromwell Place is a major new arts hub in the heart of London's Museum Quarter, providing offices, exhibition and events spaces, viewing rooms, art storage facilities, and more.Reported Earnings • May 06Full year 2021 earnings released: EPS: €0.14 (vs €0.35 in FY 2020)Full year 2021 results: EPS: €0.14 (down from €0.35 in FY 2020). Revenue: €20.9m (up 10% from FY 2020). Net loss: €795.9k (down 141% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.お知らせ • Feb 03Artnet AG Announces Executive AppointmentsArtnet AG is starting the year with an expanded management team. Joining CEO Jacob Pabst are Quentin Rider as Chief technology Officer, and Albert Neuendorf as Chief Strategy Officer. Mr. Neuendorf has been responsible for Artnet AG's strategy for some time and now joins the Executive Team as Chief Strategy Officer. Together, they will look to accelerate Artnet's growth and development, with a focus on realising the unique synergies that exist between Artnet's core segments of Data, Media, and Marketplace, thereby creating a fully integrated online ecosystem for the modern art market.分析記事 • Dec 16Here's Why We Think artnet AG's (ETR:ART) CEO Compensation Looks Fair for the time beingPerformance at artnet AG ( ETR:ART ) has been reasonably good and CEO Jacob Pabst has done a decent job of steering the...お知らせ • Dec 08artnet AG Announces ArtNFT PlatformArtnet AG announced ArtNFT: the company's launch of its on-chain NFT platform, its NFT Advisory Board, and Artnet NFT 30 report. artnet is perfectly positioned to embrace the NFT space. The goal is to bridge the gap between the crypto community and the traditional world of fine arts," said Colleen Cash, Vice President of Artnet Auctions. ArtNFT, Artnet's first, on-chain NFT platform will launch on December 15, 2021, with a curated selection of works from the community's top NFT artists. As an on-chain platform, Artnet's goal is to provide collectors with a transparent, efficient, trustworthy, and integrated experience in their discovery and purchase of NFTs. In order to provide the best possible works and user experience, Artnet also established an NFT advisory committee, bringing together industry experts and market and opinion leaders in the field.分析記事 • Sep 22We Think Shareholders Are Less Likely To Approve A Large Pay Rise For artnet AG's (ETR:ART) CEO For NowPerformance at artnet AG ( ETR:ART ) has been reasonably good and CEO Jacob Pabst has done a decent job of steering the...Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS €0.07 (vs €0.26 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €5.57m (up 16% from 2Q 2020). Net income: €385.8k (down 73% from 2Q 2020). Profit margin: 6.9% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 07Artnet News Launches Artnet News Pro, Bringing Data-Driven Reporting to Industry InsidersArtnet News Pro has arrived, and with it comes a new era for the team at Artnet News. In switching to a partially paywalled model, Artnet News will continue its best-in-class coverage of the global art market while providing more targeted, industry-specific content for subscribers. A membership to Artnet News Pro provides members with decision-driving intelligence about the latest developments in the global art market, from exclusive news and data reports to opinion from acclaimed columnists. Non-members will still be able to read all of Artnet News's indispensable reporting on exhibitions, museums, antiquities, viral crazes, and the places where the art world intersects with politics, pop culture, and style. But they will not gain access to Artnet News Pro's premium market coverage, analysis, and opinion. A subscription includes unlimited access to premium Artnet News Pro market coverage and analysis powered by Artnet's unparalleled Price Database; members-only art-market columns every week, including Katya Kazakina's Art Detective, Tim Schneider's The Gray Market, Nate Freeman's Wet Paint, and more; a weekly members-only Artnet News Pro newsletter with original content and insights; a digital copy of the biannual Intelligence Report magazine; and invitations to exclusive Artnet News Pro events. Memberships start at $24.50/month, while a $240 annual package offers 18% savings over a month-by-month subscription.お知らせ • Apr 01Artnet AG Provides Earnings Guidance for the Year 2021Artnet AG provided earnings guidance for the year 2021. The company's management forecasts an increase in revenues in all segments for the financial year 2021. Total revenue is expected to increase moderately to a range of USD 23.5 million to USD 24.5 million.Is New 90 Day High Low • Mar 04New 90-day high: €7.65The company is up 13% from its price of €6.75 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 15% over the same period.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to €7.25, the stock is trading at a trailing P/E ratio of 67.8x, up from the previous P/E ratio of 58.9x. This compares to an average P/E of 84x in the Online Retail industry in Germany. Total returns to shareholders over the past three years are 101%.お知らせ • Jan 12+ 2 more updatesartnet AG to Report First Half, 2021 Results on Aug 06, 2021artnet AG announced that they will report first half, 2021 results on Aug 06, 2021お知らせ • Dec 20artnet AG Elects Pascal Decker as Chairmanartnet AG announced that after the Annual General Meeting held on December 15, 2020, Dr. Pascal Decker was elected the new Chairman of the Supervisory Board.分析記事 • Dec 07Our Take On artnet's (ETR:ART) CEO SalaryThis article will reflect on the compensation paid to Jacob Pabst who has served as CEO of artnet AG ( ETR:ART ) since...Is New 90 Day High Low • Dec 03New 90-day high: €6.75The company is up 12% from its price of €6.05 on 04 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 14% over the same period.Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 15% share price gain to €6.75, the stock is trading at a trailing P/E ratio of 63.1x, up from the previous P/E ratio of 54.7x. This compares to an average P/E of 56x in the Online Retail industry in Germany. Total returns to shareholders over the past three years are 55%.Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 23% share price gain to €6.20, the stock is trading at a trailing P/E ratio of 58x, up from the previous P/E ratio of 47.2x. This compares to an average P/E of 81x in the Online Retail industry in Germany. Total returns to shareholders over the past three years are 56%.お知らせ • Oct 06Weng Fine Art AG (DB:WFA) acquired 8.01% stake in artnet AG (XTRA:ART) from Robert de Rothschild for approximately € 2.25 million.Weng Fine Art AG (DB:WFA) acquired 8.01% stake in artnet AG (XTRA:ART) from Robert de Rothschild for approximately € 2.25 million on October 1, 2020. Under the terms of acquisition WFA AG paid a price of less than € 5 per unit for the 445,000 shares. A further 0.1 million shares were optioned by Robert de Rothschild to WFA by December 31, 2023, but the voting rights from these shares can already be exercised by WFA now. Weng Fine Art AG and Rüdiger K. Weng hold around 24.5% of the voting rights in Artnet AG shares. Weng Fine Art AG (DB:WFA) completed the acquisition of 8.01% stake in artnet AG (XTRA:ART) from Robert de Rothschild on October 1, 2020.Is New 90 Day High Low • Oct 05New 90-day low: €4.92The company is down 7.0% from its price of €5.30 on 07 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 6.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Artnet は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測XTRA:ART - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202422-101N/A9/30/202422-1-11N/A6/30/202423-1-10N/A3/31/202423-1-11N/A12/31/202323-1-11N/A9/30/2023240-11N/A6/30/2023250-11N/A3/31/202325002N/A12/31/202225013N/A9/30/202224-112N/A6/30/202223-212N/A3/31/202222-111N/A12/31/202121-101N/A9/30/202120001N/A6/30/202119111N/A3/31/202119112N/A12/31/202019223N/A9/30/202019113N/A6/30/202019112N/A3/31/202019012N/A12/31/201920002N/A9/30/201919102N/A6/30/201919202N/A3/31/201919101N/A12/31/201818101N/A9/30/2018181N/A1N/A6/30/2018180N/A1N/A3/31/2018181N/A1N/A12/31/2017181N/A1N/A9/30/2017181N/A1N/A6/30/2017181N/A1N/A3/31/2017181N/A1N/A12/31/2016171N/A1N/A9/30/2016181N/A1N/A6/30/2016171N/A1N/A3/31/2016181N/A1N/A12/31/2015171N/A0N/A9/30/201516-3N/A0N/A6/30/201516-3N/A0N/A3/31/201515-3N/A0N/A12/31/201414-3N/A0N/A9/30/2014130N/A0N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ARTの予測収益成長が 貯蓄率 ( 1.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: ARTの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: ARTの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: ARTの収益がGerman市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: ARTの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ARTの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/08/20 16:01終値2025/08/20 00:00収益2024/12/31年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Artnet AG 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Fiona Orford-WilliamsEdison Investment Research
お知らせ • Apr 01Artnet AG Provides Earnings Guidance for the Year 2021Artnet AG provided earnings guidance for the year 2021. The company's management forecasts an increase in revenues in all segments for the financial year 2021. Total revenue is expected to increase moderately to a range of USD 23.5 million to USD 24.5 million.
お知らせ • Aug 21Beowolff Capital completed the acquisition of an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others.Beowolff Capital agreed to acquire an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others on May 27, 2025. A cash consideration valued at €11.25 per share will be paid by the buyer. At the time of the offer's announcement, Beowolff Capital had secured approximately 65% of all outstanding shares through irrevocable acceptance letters and share purchase agreements. In connection with the offer announcement, Beowolff Capital and Artnet AG have today entered into an investment and delisting agreement. In this agreement, Artnet AG and Beowolff Capital have agreed that, subject to customary conditions and caveats, the Artnet AG will (i) support the Offer, (ii) apply for the revocation of the admission of the artnet Shares to trading on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with effect as of the end of the additional acceptance period of the Offer (Delisting) and (iii) take all commercially reasonable steps and measures to terminate the inclusion of the artnet Shares in trading on the open market. The offer is subject to approval by the German Federal Financial Supervisory Authority. As of June 11, 2025, the sale of the stake in artnet AG (Artnet) has now been completed and the purchase price of almost €20 million for the Artnet shares acquired has been paid to Rüdiger K. Weng and the companies under his control. As of July 8, 2025, the deal has been approved by the German Federal Financial Supervisory Authority. The management board and the supervisory board of Artnet AG recommends all shareholders of Artnet AG to accept the offer. The deal is expected to close on August 5, 2025. As on August 5, 2025, Total of 1.531983 million artnet shares were tendered into the voluntary public takeover and delisting offer for artnet AG during the acceptance period this corresponds to approximately 26.85% of all outstanding artnet shares. Beowolff Capital Secures 97.17% of all artnet Shares and provided additional acceptance period which will end on August 22, 2025. Weng Fine Art AG (WFA). Holger Alfes, Stephan Schulz, Philip M. Schmoll, Laurenz Wieneke, Jörg-Peter Kraack, Jan Hoffmann Linhard and Sebastian de Schmidt of Noerr Partnerschaftsgesellschaft mbB acted as legal advisor to Artnet AG. Benjamin Leyendecker of Kirkland & Ellis acted as legal advisor for Beowolff Capital. Richard Mayer-Uellner of CMS Germany act as legal advisor for Weng Fine Art AG. ParkView Partners acted as financial advisor to Beowolff Capital. Beowolff Capital completed the acquisition of an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others on August 19, 2025. The squeeze-out is being implemented pursuant to Sections 327a et seq. of the German Stock Corporation Act. The Squeeze-Out under Stock Corporation Law becomes effective upon registration of the transfer resolution with the Company’s commercial register. Upon registration of the transfer resolution with the commercial register, all shares in the Company held by the Minority Shareholders will be transferred to Leonardo Art Holdings GmbH.
お知らせ • Aug 15Artnet AG to Report Q2, 2025 Final Results on Aug 22, 2025Artnet AG announced that they will report Q2, 2025 final results on Aug 22, 2025
お知らせ • Jul 31Artnet AG to Report Fiscal Year 2024 Final Results on Aug 07, 2025Artnet AG announced that they will report fiscal year 2024 final results at 5:30 PM, Central European Standard Time on Aug 07, 2025
お知らせ • Jun 23Artnet AG to Report Fiscal Year 2024 Results on Jul 31, 2025Artnet AG announced that they will report fiscal year 2024 results at 5:30 PM, Central European Standard Time on Jul 31, 2025
お知らせ • Jun 13Beowolff Capital completed the acquisition of additional 29.99% stake in Artnet AG from Weng Fine Art AG (DB:WFA) and RÜDiger K. Weng A+A GmbH.Beowolff Capital agreed to acquire additional 29.99% stake in Artnet AG from Weng Fine Art AG (DB:WFA) and RÜDiger K. Weng A+A GmbH for almost €20 million on May 27, 2025. In this transaction, Weng Fine Art AG will get €15.2 million. WFA will use the high cash inflow primarily to reduce its bank liabilities and, as a result, will terminate its cooperation with three banks for the time being in the coming months. This will reduce the number of financing partners to three or four banks in the near future. The management plans to invest the remaining part of the income in the development of promising new business areas, among other things. The closing of the agreement is scheduled for May 30, 2025. Holger Alfes, Stephan Schulz, Philip M. Schmoll, Laurenz Wieneke, Jörg-Peter Kraack, Jan Hoffmann Linhard and Sebastian de Schmidt of Noerr Partnerschaftsgesellschaft mbB acted as legal advisor to Artnet AG. Benjamin Leyendecker of Kirkland & Ellis acted as legal advisor for Beowolff Capital. Richard Mayer-Uellner of CMS Germany act as legal advisor for Weng Fine Art AG. Beowolff Capital completed the acquisition of additional 29.99% stake in Artnet AG from Weng Fine Art AG (DB:WFA) and RÜDiger K. Weng A+A GmbH on June 11, 2025.
お知らせ • May 27Beowolff Capital agreed to acquire an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others in a tender offer transaction.Beowolff Capital agreed to acquire an unknown minority stake in Artnet AG (XTRA:ART) from Weng Fine Art AG (DB:WFA) and others in a tender offer transaction on May 27, 2025. A cash consideration valued at €11.25 per share will be paid by the buyer. In connection with the offer announcement, the Company and the Bidder have today entered into an investment and delisting agreement. In this agreement, the Company and the Bidder have agreed that, subject to customary conditions and caveats, the Company will (i) support the Offer, (ii) apply for the revocation of the admission of the artnet Shares to trading on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with effect as of the end of the additional acceptance period of the Offer (Delisting) and (iii) take all commercially reasonable steps and measures to terminate the inclusion of the artnet Shares in trading on the open market. ParkView Partners acted as financial advisor to Beowolff Capital. Transaction is expected to complete on May 30, 2025. Holger Alfes, Stephan Schulz, Philip M. Schmoll, Laurenz Wieneke, Jörg-Peter Kraack, Jan Hoffmann Linhard and Sebastian de Schmidt of Noerr Partnerschaftsgesellschaft mbB acted as legal advisor to Artnet AG.
お知らせ • Apr 24Artnet AG to Report Fiscal Year 2024 Final Results on Jun 30, 2025Artnet AG announced that they will report fiscal year 2024 final results at 5:30 PM, Central European Standard Time on Jun 30, 2025
お知らせ • Apr 11Artnet Discusses Takeover Offer with Two InvestorsGerman art market website Artnet AG (XTRA:ART) said on April 10, 2025 that two investors are currently evaluating a possible takeover offer for the company with a potential consideration of at least EUR 11 per share. Based on Artnet’s number of shares, the potential bid would value the firm at up to EUR 61.81 million (USD 68.5 million). Artnet said that it is in talks with Art Technology Holding Inc. and another potential investor. At this point, however, the outcomes of the discussions are not clear and it is not certain that they will ultimately result in a takeover offer. The statement was made after Artnet shareholder Weng Fine Art AG earlier said that it was approached by Art Technology Holdings USA and other investor who are potentially planning a public takeover for Artnet. The investors sent draft declarations inviting Weng Fine to tender its Artnet shares.
New Risk • Apr 08New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (€45.4m market cap, or US$49.7m).
お知らせ • Mar 07Art Technology Holdings Inc. Announces Intent to Explore A Bid to Acquire Majority Control of ArtnetLast week at the Artnet Annual General Shareholder Meeting, Art Technology Holdings (ATH) formally announced their intent to explore a bid to acquire majority control of Artnet AG (XTRA:ART)- a leader provider of auction pricing data for fine art and a well-respected media voice in the fine art industry. Senior executives from ATH were in Berlin last week to meet with shareholders and explore a tender offer for a price of €11 per share. "Artnet is a very well-respected asset in the world of fine art. The company is the leading destination for critical data about art pricing and industry trends – creating a backbone for the development of the industry as a whole. Unfortunately, the company has not achieved its full potential and requires new leadership, ideas and technology to better serve the buyers and sellers in the global fine art market," said Garry McGuire, Executive Chairman of ATH. "We believe we can create value for shareholders and subscribers by changing management, investing working capital, and bringing Silicon Valley technology innovation to the business." Trevor Ruegg, CEO of ATH further added, "Artnet has significant technical debt and has been starved of investment capital due to its size and public company micro-cap limitations. This is a company that should be taken private and injected with new capital and strategies to better serve their customers and the art market more broadly. ATH seeks to provide infrastructure that will become a catalyst for growth in the fine art market, creating incrementality while not disintermediating participants in the current value chain".
New Risk • Feb 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.3m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (€41.4m market cap, or US$43.0m).
お知らせ • Jan 22Artnet AG, Annual General Meeting, Feb 27, 2025Artnet AG, Annual General Meeting, Feb 27, 2025, at 10:00 W. Europe Standard Time.
お知らせ • Oct 11Artnet AG, Annual General Meeting, Nov 18, 2024Artnet AG, Annual General Meeting, Nov 18, 2024, at 10:00 W. Europe Standard Time.
New Risk • Sep 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€1.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.3m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€33.1m market cap, or US$36.9m).
New Risk • Sep 22New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€1.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.3m free cash flow). Earnings have declined by 52% per year over the past 5 years. Minor Risk Market cap is less than US$100m (€31.7m market cap, or US$35.4m).
Reported Earnings • Sep 02Full year 2023 earnings released: €0.18 loss per share (vs €0.021 profit in FY 2022)Full year 2023 results: €0.18 loss per share (down from €0.021 profit in FY 2022). Revenue: €23.3m (down 6.7% from FY 2022). Net loss: €1.00m (down €1.12m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 28Artnet AG to Report Q2, 2024 Results on Sep 17, 2024Artnet AG announced that they will report Q2, 2024 results on Sep 17, 2024
New Risk • Aug 15New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (€31.8m market cap, or US$35.0m).
お知らせ • Aug 12Artnet AG to Report Q2, 2024 Results on Aug 30, 2024Artnet AG announced that they will report Q2, 2024 results on Aug 30, 2024
お知らせ • Jun 14Weng Fine Art AG (DB:WFA) acquired additional unknown minority stake in Artnet AG (XTRA:ART).Weng Fine Art AG (DB:WFA) acquired additional unknown minority stake in Artnet AG (XTRA:ART) on June 13, 2024. Rüdiger K. Weng, founder and majority shareholder of WFA, currently holds a direct and indirect stake of almost 30% in Artnet, making him the company's largest shareholder.Weng Fine Art AG (DB:WFA) completed the acquisition of additional unknown minority stake in Artnet AG (XTRA:ART) on June 13, 2024.
お知らせ • May 01Artnet AG to Report Fiscal Year 2023 Results on May 31, 2024Artnet AG announced that they will report fiscal year 2023 results on May 31, 2024
New Risk • Mar 31New major risk - Revenue and earnings growthEarnings have declined by 42% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 42% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (€32.6m market cap, or US$35.2m).
お知らせ • Mar 15An unknown investor from London signed a non-binding letter of intent to acquire an unknown minority stake in Artnet AG (XTRA : ART) from Weng Fine Art AG and Rüdiger K. Weng A+A GmbH.An unknown investor from London signed a non-binding letter of intent to acquire an unknown minority stake in Artnet AG (XTRA : ART) from Weng Fine Art AG and Rüdiger K. Weng A+A GmbH on March 14, 2024. The transaction include a sale of all shares in artnet AG held by Weng Fine Art AG and Rüdiger K. Weng A+A GmbH. WFA and A+A have granted the investor exclusivity for a limited period of time. It is currently uncertain whether the transaction will ultimately go through. This depends primarily on whether the investor also reaches an agreement with other Artnet shareholders in order to obtain a majority stake in the company.
New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (€34.3m market cap, or US$37.2m).
New Risk • Nov 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (€45.0m market cap, or US$49.3m).
お知らせ • Oct 07Artnet Ag Announces Martina Batovic Has Joined Artnet Auctions as Co-Head of Post-War & Contemporary ArtArtnet AG announced that Martina Batovic has joined Artnet Auctions as Co-Head of Post-War & Contemporary Art. With over 15 years of experience at leading Galleries and Auction Houses, Martina is set to grow Artnet Auctions' presence in the UK and Europe. Previously, Martina spent 7 years in the auction world, most recently as the Head of UK for Dorotheum, building the UK business and client base for the important auction house in central Europe, and previously as a Post-War and contemporary Specialist with Bonhams. Martina is a regular panellist, industry voice and an active participant in the contemporary art world, including PEER UK where she serves as a Trustee.With a multi-faceted view of the industry, Martina has worked across all three major areas of the market: auction, gallery and advisory. Since May 2021, she is Founder & CEO of Artisan Art Intelligence, an innovative strategic consultancy focusing on private sales, market intelligence and art education. Building on her wealth of diverse industry experience, Martina works with clients to fulfill their needs when operating in the art world.As a pioneer of online transactions, Artnet's Marketplace is ideally positioned to harness the nascent shift to online experiences and sales within the art industry. With major auction houses reporting that the majority of their bidding is taking place online, and 78% of collectors having purchased art online in 2022, the art world's future is clearly digital. Artnet is uniquely positioned to offer collectors and professionals an unparalleled, holistic, and transparent experience and service by harnessing its rich data and information to empower buyers and sellers alike.
New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (20% accrual ratio). Minor Risk Market cap is less than US$100m (€50.1m market cap, or US$54.5m).
Reported Earnings • Aug 17Second quarter 2023 earnings released: €0.02 loss per share (vs €0.08 loss in 2Q 2022)Second quarter 2023 results: €0.02 loss per share (improved from €0.08 loss in 2Q 2022). Revenue: €6.05m (down 3.7% from 2Q 2022). Net loss: €88.5k (loss narrowed 79% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 09Artnet AG Introduces Art-Secured LendingArtnet introduced its Art Secured Lending Brokerage program. Artnet seeks to create a global, efficient art market. This new service enables and improves Artnet's subscribers' access to capital by leveraging their fine art assets. Fine Art has become a significant alternative asset class, which has led to its increased use as collateral against loans. Artnet aims to drive efficiency in the fine art financing market by connecting its users to the best possible lending provider, given their loan profile, and creating a transparent system that drives liquidity. Easing access to capital is designed to support continued market growth to benefit participants across the ecosystem at every level. Artnet launch this service together with the Fine Art Group and Luxury Asset Capital as its primary loan providers. The Partnerships program will facilitate global access to loans from $25,000 to over $10 million. In addition to fine art and other auction-quality assets, Artnet clients can obtain loans using a wide variety of luxury assets, including luxury and classic cars, luxury watches, fine jewelry and diamonds, gold and silver, and designer handbags and accessories. The service is integrated into the Price Database user experience, giving existing and new subscribers immediate access to the service.
お知らせ • Sep 22Weng Fine Art AG (DB:WFA) submitted a bid to acquire additional unknown stakes in artnet AG (XTRA:ART).Weng Fine Art AG (DB:WFA) submitted a bid to acquire additional unknown stakes in artnet AG (XTRA:ART) on September 20, 2022. Weng Fine Art AG will acquire at €7.20 per share.
Reported Earnings • Aug 18Second quarter 2022 earnings released: €0.08 loss per share (vs €0.07 profit in 2Q 2021)Second quarter 2022 results: €0.08 loss per share (down from €0.07 profit in 2Q 2021). Revenue: €6.29m (up 13% from 2Q 2021). Net loss: €428.8k (down 211% from profit in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 121 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 14artnet AG to Report Q2, 2022 Results on Aug 15, 2022artnet AG announced that they will report Q2, 2022 results on Aug 15, 2022
お知らせ • Aug 03Artnet Hires Rob Baker as Senior Vice PresidentArtnet announced that Rob Baker has joined as Senior Vice President of Marketing. Baker joins Artnet from the Museum of Modern Art (MoMA), where he led the Museum's marketing and creative strategy since 2017. An accomplished marketing leader in the art world, Baker has an established track-record of developing brands and driving commercial impact. In 2019, Baker oversaw the launch of MoMA's expansion, with record-breaking attendance results. He also executed a new digital marketing strategy, achieving the largest social media following in the sector, with +15 million followers globally. Prior to MoMA, Baker served as Chief Marketing Officer at Tate, leading marketing, membership, brand positioning and digital audience engagement for the group of four galleries. He drove all marketing and audience engagement strategies for the expansion of Tate Modern in 2016, achieving a record-breaking 6 million visitors annually, making it the UK's most popular visitor attraction. Baker previously served as Head of Marketing for the Barbican Center where he relaunched the Barbican membership scheme, increasing revenues by a record 85% year over year. He started his career in strategy roles for advertising and communications agencies in London. Baker will be leading Artnet's Marketing team out of the company's new London offices at Cromwell Place. Cromwell Place is a major new arts hub in the heart of London's Museum Quarter, providing offices, exhibition and events spaces, viewing rooms, art storage facilities, and more.
Reported Earnings • May 06Full year 2021 earnings released: EPS: €0.14 (vs €0.35 in FY 2020)Full year 2021 results: EPS: €0.14 (down from €0.35 in FY 2020). Revenue: €20.9m (up 10% from FY 2020). Net loss: €795.9k (down 141% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
お知らせ • Feb 03Artnet AG Announces Executive AppointmentsArtnet AG is starting the year with an expanded management team. Joining CEO Jacob Pabst are Quentin Rider as Chief technology Officer, and Albert Neuendorf as Chief Strategy Officer. Mr. Neuendorf has been responsible for Artnet AG's strategy for some time and now joins the Executive Team as Chief Strategy Officer. Together, they will look to accelerate Artnet's growth and development, with a focus on realising the unique synergies that exist between Artnet's core segments of Data, Media, and Marketplace, thereby creating a fully integrated online ecosystem for the modern art market.
分析記事 • Dec 16Here's Why We Think artnet AG's (ETR:ART) CEO Compensation Looks Fair for the time beingPerformance at artnet AG ( ETR:ART ) has been reasonably good and CEO Jacob Pabst has done a decent job of steering the...
お知らせ • Dec 08artnet AG Announces ArtNFT PlatformArtnet AG announced ArtNFT: the company's launch of its on-chain NFT platform, its NFT Advisory Board, and Artnet NFT 30 report. artnet is perfectly positioned to embrace the NFT space. The goal is to bridge the gap between the crypto community and the traditional world of fine arts," said Colleen Cash, Vice President of Artnet Auctions. ArtNFT, Artnet's first, on-chain NFT platform will launch on December 15, 2021, with a curated selection of works from the community's top NFT artists. As an on-chain platform, Artnet's goal is to provide collectors with a transparent, efficient, trustworthy, and integrated experience in their discovery and purchase of NFTs. In order to provide the best possible works and user experience, Artnet also established an NFT advisory committee, bringing together industry experts and market and opinion leaders in the field.
分析記事 • Sep 22We Think Shareholders Are Less Likely To Approve A Large Pay Rise For artnet AG's (ETR:ART) CEO For NowPerformance at artnet AG ( ETR:ART ) has been reasonably good and CEO Jacob Pabst has done a decent job of steering the...
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS €0.07 (vs €0.26 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €5.57m (up 16% from 2Q 2020). Net income: €385.8k (down 73% from 2Q 2020). Profit margin: 6.9% (down from 30% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 07Artnet News Launches Artnet News Pro, Bringing Data-Driven Reporting to Industry InsidersArtnet News Pro has arrived, and with it comes a new era for the team at Artnet News. In switching to a partially paywalled model, Artnet News will continue its best-in-class coverage of the global art market while providing more targeted, industry-specific content for subscribers. A membership to Artnet News Pro provides members with decision-driving intelligence about the latest developments in the global art market, from exclusive news and data reports to opinion from acclaimed columnists. Non-members will still be able to read all of Artnet News's indispensable reporting on exhibitions, museums, antiquities, viral crazes, and the places where the art world intersects with politics, pop culture, and style. But they will not gain access to Artnet News Pro's premium market coverage, analysis, and opinion. A subscription includes unlimited access to premium Artnet News Pro market coverage and analysis powered by Artnet's unparalleled Price Database; members-only art-market columns every week, including Katya Kazakina's Art Detective, Tim Schneider's The Gray Market, Nate Freeman's Wet Paint, and more; a weekly members-only Artnet News Pro newsletter with original content and insights; a digital copy of the biannual Intelligence Report magazine; and invitations to exclusive Artnet News Pro events. Memberships start at $24.50/month, while a $240 annual package offers 18% savings over a month-by-month subscription.
お知らせ • Apr 01Artnet AG Provides Earnings Guidance for the Year 2021Artnet AG provided earnings guidance for the year 2021. The company's management forecasts an increase in revenues in all segments for the financial year 2021. Total revenue is expected to increase moderately to a range of USD 23.5 million to USD 24.5 million.
Is New 90 Day High Low • Mar 04New 90-day high: €7.65The company is up 13% from its price of €6.75 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 15% over the same period.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to €7.25, the stock is trading at a trailing P/E ratio of 67.8x, up from the previous P/E ratio of 58.9x. This compares to an average P/E of 84x in the Online Retail industry in Germany. Total returns to shareholders over the past three years are 101%.
お知らせ • Jan 12+ 2 more updatesartnet AG to Report First Half, 2021 Results on Aug 06, 2021artnet AG announced that they will report first half, 2021 results on Aug 06, 2021
お知らせ • Dec 20artnet AG Elects Pascal Decker as Chairmanartnet AG announced that after the Annual General Meeting held on December 15, 2020, Dr. Pascal Decker was elected the new Chairman of the Supervisory Board.
分析記事 • Dec 07Our Take On artnet's (ETR:ART) CEO SalaryThis article will reflect on the compensation paid to Jacob Pabst who has served as CEO of artnet AG ( ETR:ART ) since...
Is New 90 Day High Low • Dec 03New 90-day high: €6.75The company is up 12% from its price of €6.05 on 04 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Online Retail industry, which is up 14% over the same period.
Valuation Update With 7 Day Price Move • Dec 03Market bids up stock over the past weekAfter last week's 15% share price gain to €6.75, the stock is trading at a trailing P/E ratio of 63.1x, up from the previous P/E ratio of 54.7x. This compares to an average P/E of 56x in the Online Retail industry in Germany. Total returns to shareholders over the past three years are 55%.
Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 23% share price gain to €6.20, the stock is trading at a trailing P/E ratio of 58x, up from the previous P/E ratio of 47.2x. This compares to an average P/E of 81x in the Online Retail industry in Germany. Total returns to shareholders over the past three years are 56%.
お知らせ • Oct 06Weng Fine Art AG (DB:WFA) acquired 8.01% stake in artnet AG (XTRA:ART) from Robert de Rothschild for approximately € 2.25 million.Weng Fine Art AG (DB:WFA) acquired 8.01% stake in artnet AG (XTRA:ART) from Robert de Rothschild for approximately € 2.25 million on October 1, 2020. Under the terms of acquisition WFA AG paid a price of less than € 5 per unit for the 445,000 shares. A further 0.1 million shares were optioned by Robert de Rothschild to WFA by December 31, 2023, but the voting rights from these shares can already be exercised by WFA now. Weng Fine Art AG and Rüdiger K. Weng hold around 24.5% of the voting rights in Artnet AG shares. Weng Fine Art AG (DB:WFA) completed the acquisition of 8.01% stake in artnet AG (XTRA:ART) from Robert de Rothschild on October 1, 2020.
Is New 90 Day High Low • Oct 05New 90-day low: €4.92The company is down 7.0% from its price of €5.30 on 07 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 6.0% over the same period.