Artnet Past Earnings Performance
Past criteria checks 1/6
Artnet's earnings have been declining at an average annual rate of -41.6%, while the Specialty Retail industry saw earnings growing at 0.1% annually. Revenues have been growing at an average rate of 6.9% per year. Artnet's return on equity is 4.6%, and it has net margins of 0.8%.
Key information
-41.6%
Earnings growth rate
-41.6%
EPS growth rate
| Specialty Retail Industry Growth | 4.1% |
| Revenue growth rate | 6.9% |
| Return on equity | 4.6% |
| Net Margin | 0.8% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 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 |
| 30 Sep 13 | 13 | -1 | 6 | 2 |
| 30 Jun 13 | 13 | -1 | 6 | 2 |
Quality Earnings: ART has a high level of non-cash earnings.
Growing Profit Margin: ART became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ART's earnings have declined by 41.6% per year over the past 5 years.
Accelerating Growth: ART has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ART has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-15.3%).
Return on Equity
High ROE: ART's Return on Equity (4.6%) is considered low.