View Financial HealthWeng Fine Art 配当と自社株買い配当金 基準チェック /06Weng Fine Art配当を支払う会社であり、現在の利回りは1.33%です。主要情報1.3%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新Upcoming Dividend • Oct 27Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 03 November 2025. Payment date: 05 November 2025. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.1%).Upcoming Dividend • Dec 12Upcoming dividend of €0.05 per shareEligible shareholders must have bought the stock before 19 December 2024. Payment date: 27 December 2024. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.1%).すべての更新を表示Recent updatesNew Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 45% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (€2.5m revenue, or US$2.9m). Market cap is less than US$100m (€21.8m market cap, or US$25.3m).Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €5.70, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 20x in the Specialty Retail industry in Germany. Total loss to shareholders of 57% over the past three years.Upcoming Dividend • Oct 27Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 03 November 2025. Payment date: 05 November 2025. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.1%).Reported Earnings • Sep 29Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €430.4k (down 45% from 2Q 2023). Net loss: €203.9k (down 161% from profit in 2Q 2023).お知らせ • Sep 24+ 1 more updateWeng Fine Art AG, Annual General Meeting, Oct 31, 2025Weng Fine Art AG, Annual General Meeting, Oct 31, 2025, at 10:00 W. Europe Standard Time.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.New Risk • Jul 06New 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 Risks Interest payments are not well covered by earnings (0.2x net interest cover). Revenue has declined by 40% over the past year. 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 (7.8% average weekly change). Market cap is less than US$100m (€26.1m market cap, or US$30.7m).New Risk • Jul 03New 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 7.9% 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 Interest payments are not well covered by earnings (0.2x net interest cover). Revenue has declined by 40% over the past year. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (€26.2m market cap, or US$30.9m).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.New Risk • May 27New 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 9.4% 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 Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (€23.7m market cap, or US$26.9m).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.New Risk • Mar 04New 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 7.8% 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 Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (€22.2m market cap, or US$23.4m).Upcoming Dividend • Dec 12Upcoming dividend of €0.05 per shareEligible shareholders must have bought the stock before 19 December 2024. Payment date: 27 December 2024. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.1%).お知らせ • Nov 11Weng Fine Art AG, Annual General Meeting, Dec 18, 2024Weng Fine Art AG, Annual General Meeting, Dec 18, 2024, at 10:00 W. Europe Standard Time.Reported Earnings • Oct 03Full year 2023 earnings releasedFull year 2023 results: Revenue: €5.94m (down 30% from FY 2022). Net loss: €107.8k (down 154% from profit in FY 2022).New Risk • Jul 31New 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). Revenue has declined by 23% over the past year. Minor Risks High level of debt (75% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€20.4m market cap, or US$22.0m).New Risk • Jun 30New major risk - Revenue and earnings growthRevenue has declined by 23% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Revenue has declined by 23% over the past year. 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). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€19.8m market cap, or US$21.2m).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.New Risk • Jun 07New 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 7.8% 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). 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 (7.8% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€20.6m market cap, or US$22.2m).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.Buy Or Sell Opportunity • Feb 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to €5.80. The fair value is estimated to be €7.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only.New Risk • Feb 16New 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€30.7m market cap, or US$33.1m).決済の安定と成長配当データの取得安定した配当: WFAは 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: WFAは8年間のみ配当金を支払っており、それ以降は支払額が減少しています。配当利回り対市場Weng Fine Art 配当利回り対市場WFA 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (WFA)1.3%市場下位25% (DE)1.5%市場トップ25% (DE)4.8%業界平均 (Specialty Retail)2.7%アナリスト予想 (WFA) (最長3年)n/a注目すべき配当: WFAの配当金 ( 1.33% ) はGerman市場の配当金支払者の下位 25% ( 1.47% ) と比べると目立ったものではありません。高配当: WFAの配当金 ( 1.33% ) はGerman市場の配当金支払者の上位 25% ( 4.79% ) と比較すると低いです。株主への利益配当収益カバレッジ: WFAの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: WFAの 現金配当性向 を計算して、配当金の支払いがキャッシュフローでカバーされているかどうかを判断するにはデータが不十分です。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management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2026/06/19 16:45終値2026/06/19 00:00収益2025/06/30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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Weng Fine Art 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。0
Upcoming Dividend • Oct 27Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 03 November 2025. Payment date: 05 November 2025. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.1%).
Upcoming Dividend • Dec 12Upcoming dividend of €0.05 per shareEligible shareholders must have bought the stock before 19 December 2024. Payment date: 27 December 2024. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.1%).
New Risk • May 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 45% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Revenue is less than US$5m (€2.5m revenue, or US$2.9m). Market cap is less than US$100m (€21.8m market cap, or US$25.3m).
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €5.70, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 20x in the Specialty Retail industry in Germany. Total loss to shareholders of 57% over the past three years.
Upcoming Dividend • Oct 27Upcoming dividend of €0.15 per shareEligible shareholders must have bought the stock before 03 November 2025. Payment date: 05 November 2025. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (2.1%).
Reported Earnings • Sep 29Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €430.4k (down 45% from 2Q 2023). Net loss: €203.9k (down 161% from profit in 2Q 2023).
お知らせ • Sep 24+ 1 more updateWeng Fine Art AG, Annual General Meeting, Oct 31, 2025Weng Fine Art AG, Annual General Meeting, Oct 31, 2025, at 10:00 W. Europe Standard Time.
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.
New Risk • Jul 06New 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 Risks Interest payments are not well covered by earnings (0.2x net interest cover). Revenue has declined by 40% over the past year. 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 (7.8% average weekly change). Market cap is less than US$100m (€26.1m market cap, or US$30.7m).
New Risk • Jul 03New 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 7.9% 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 Interest payments are not well covered by earnings (0.2x net interest cover). Revenue has declined by 40% over the past year. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (€26.2m market cap, or US$30.9m).
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.
New Risk • May 27New 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 9.4% 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 Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (€23.7m market cap, or US$26.9m).
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.
New Risk • Mar 04New 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 7.8% 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 Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 62% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (€22.2m market cap, or US$23.4m).
Upcoming Dividend • Dec 12Upcoming dividend of €0.05 per shareEligible shareholders must have bought the stock before 19 December 2024. Payment date: 27 December 2024. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.1%).
お知らせ • Nov 11Weng Fine Art AG, Annual General Meeting, Dec 18, 2024Weng Fine Art AG, Annual General Meeting, Dec 18, 2024, at 10:00 W. Europe Standard Time.
Reported Earnings • Oct 03Full year 2023 earnings releasedFull year 2023 results: Revenue: €5.94m (down 30% from FY 2022). Net loss: €107.8k (down 154% from profit in FY 2022).
New Risk • Jul 31New 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). Revenue has declined by 23% over the past year. Minor Risks High level of debt (75% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€20.4m market cap, or US$22.0m).
New Risk • Jun 30New major risk - Revenue and earnings growthRevenue has declined by 23% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Revenue has declined by 23% over the past year. 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). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€19.8m market cap, or US$21.2m).
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.
New Risk • Jun 07New 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 7.8% 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). 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 (7.8% average weekly change). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€20.6m market cap, or US$22.2m).
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.
Buy Or Sell Opportunity • Feb 21Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to €5.80. The fair value is estimated to be €7.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
New Risk • Feb 16New 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 Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (€30.7m market cap, or US$33.1m).