Artnet Past Earnings Performance
Past criteria checks 0/6
Artnet's earnings have been declining at an average annual rate of -51.6%, while the Specialty Retail industry saw earnings growing at 10.5% annually. Revenues have been growing at an average rate of 5.9% per year.
Key information
-51.6%
Earnings growth rate
-51.6%
EPS growth rate
| Specialty Retail Industry Growth | 4.1% |
| Revenue growth rate | 5.9% |
| Return on equity | -20.5% |
| Net Margin | -3.3% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
How Artnet makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 23 | -1 | 11 | 3 |
| 31 Mar 24 | 23 | -1 | 12 | 3 |
| 31 Dec 23 | 23 | -1 | 13 | 2 |
| 30 Sep 23 | 24 | 0 | 13 | 2 |
| 30 Jun 23 | 25 | 0 | 14 | 2 |
| 31 Mar 23 | 25 | 0 | 14 | 2 |
| 31 Dec 22 | 25 | 0 | 13 | 3 |
| 30 Sep 22 | 24 | -1 | 13 | 3 |
| 30 Jun 22 | 23 | -2 | 12 | 3 |
| 31 Mar 22 | 22 | -1 | 11 | 3 |
| 31 Dec 21 | 21 | -1 | 10 | 3 |
| 30 Sep 21 | 20 | 0 | 9 | 3 |
| 30 Jun 21 | 19 | 1 | 9 | 3 |
| 31 Mar 21 | 19 | 1 | 9 | 2 |
| 31 Dec 20 | 19 | 2 | 9 | 2 |
| 30 Sep 20 | 19 | 1 | 10 | 2 |
| 30 Jun 20 | 19 | 1 | 11 | 2 |
| 31 Mar 20 | 19 | 0 | 11 | 2 |
| 31 Dec 19 | 20 | 0 | 11 | 2 |
| 30 Sep 19 | 19 | 1 | 10 | 2 |
| 30 Jun 19 | 19 | 2 | 10 | 1 |
| 31 Mar 19 | 19 | 1 | 9 | 2 |
| 31 Dec 18 | 18 | 1 | 9 | 2 |
| 30 Sep 18 | 18 | 1 | 9 | 2 |
| 30 Jun 18 | 18 | 0 | 8 | 2 |
| 31 Mar 18 | 18 | 1 | 8 | 2 |
| 31 Dec 17 | 18 | 1 | 8 | 3 |
| 30 Sep 17 | 18 | 1 | 8 | 3 |
| 30 Jun 17 | 18 | 1 | 8 | 3 |
| 31 Mar 17 | 18 | 1 | 8 | 3 |
| 31 Dec 16 | 17 | 1 | 8 | 3 |
| 30 Sep 16 | 18 | 1 | 8 | 3 |
| 30 Jun 16 | 17 | 1 | 7 | 3 |
| 31 Mar 16 | 18 | 1 | 7 | 3 |
| 31 Dec 15 | 17 | 1 | 7 | 3 |
| 30 Sep 15 | 16 | -3 | 8 | 3 |
| 30 Jun 15 | 16 | -3 | 7 | 3 |
| 31 Mar 15 | 15 | -3 | 7 | 3 |
| 31 Dec 14 | 14 | -3 | 6 | 2 |
| 30 Sep 14 | 13 | 0 | 6 | 2 |
| 30 Jun 14 | 13 | 0 | 5 | 2 |
| 31 Mar 14 | 13 | 0 | 5 | 2 |
| 31 Dec 13 | 13 | 0 | 5 | 2 |
Quality Earnings: ART is currently unprofitable.
Growing Profit Margin: ART is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ART is unprofitable, and losses have increased over the past 5 years at a rate of 51.6% per year.
Accelerating Growth: Unable to compare ART's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ART is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (78.9%).
Return on Equity
High ROE: ART has a negative Return on Equity (-20.47%), as it is currently unprofitable.