09.11.2021 artnet AG  DE000A1K0375

DGAP-News: artnet AG: Artnet Price Database Surpassed 15 Million Auction Results and Expands Art Market Analytics to Include NFTs


DGAP-News: artnet AG / Key word(s): Market Report/Alliance
artnet AG: Artnet Price Database Surpassed 15 Million Auction Results and Expands Art Market Analytics to Include NFTs

09.11.2021 / 08:45
The issuer is solely responsible for the content of this announcement.

Artnet Price Database Surpassed 15 Million Auction Results and Expands Art Market Analytics to Include NFTs

- Data from 1,900 auction houses provides comprehensive mission critical analysis of art market

- Artnet partners with Humboldt University of Berlin for NFT data research

- Transparency and data analytics enabled development of art as an alternative asset class

- Latest Artnet Intelligence Report with NFT focus based on Price Database analysis

Berlin / New York, November 9, 2021 - Artnet AG, the leading provider of online art auctions, art market data and news, today announced that the Artnet Price Database surpassed 15 million color illustrated auction results. The Price Database, Artnet's core segment, is a mission critical research tool for art market professionals, collectors, and financial institutions. The development of art as an alternative asset class as well as art secured lending and fractionalization have been made possible by the Price Database.

"Surpassing 15 million auction lots is a tremendous achievement. Our team of multilingual art historians, as well as the application of dynamic technology, ensure the unique quality of the data.", said Jennifer Cortés, Director of Production, Price Database. "Our data is not just used for valuation, but also researching artwork documentation, such as provenance, literature and past exhibitions."

Subscribers include all major global auction houses, galleries as well as private, public, educational, government and financial institutions. Price Database revenue rose by 5% to 3.9 million USD in the first six months of 2021, as compared to last year. The growing data demand and increasing subscriber numbers underscore both the art markets' trust in the brand and its unabated desire for price transparency. The Price Database is Artnet's core product and accessible through various subscription levels.

Artnet's Price Database has been the leading tool for the development of art as an alternative asset class. "An estimated 95% of companies and funds active in the field of art and finance regularly utilize the Price Database," said Dr. Fabian Bocart, Artnet's Chief Data Scientist. Its unparalleled accuracy and comprehensiveness has backed an industry that saw tremendous growth over the last 10 years. Furthermore, Artnet is the definitive gold standard for technology companies involved in the art market: data specialists can exploit the most advanced machine learning tools on its extraordinarily clean data, a must for any data science application. This year, Artnet has been partnering with Humboldt University of Berlin and its Blockchain Center to gather data on the NFT market.

"The Artnet Price Database was our first product. It continues to be the gold standard and brought transparency to the art market, which created confidence and enabled market growth, as well as the development of alternative segments such as art-secured lending, and the tokenization of fine art." said Artnet CEO Jacob Pabst. "Today, the data includes auction results from 1985 all the way to the latest NFT sales."

The unique quality of the Price Database was highlighted with the inaugural Artnet Intelligence Report, published for the 2021 fall auction season, focusing on Non-Fungible Tokens (NFT). The comprehensive report of current art market trends was made possible by the collaborative efforts of the journalists on the Artnet News team and the art historians and analysts on the Price Database teams, leveraging the synergies of Artnet's broad product portfolio and expertise.

About Artnet

Founded in 1989, Artnet has revolutionized the way people discover, research and collect art today. With 59 million unique users, Artnet is the largest global platform for fine art. The Price Database is a mission critical tool for the industry, with more than 15 million auction results from 1,900 auction houses dating back to 1985, providing an unparalleled level of transparency to the art market. The Gallery Network platform and Auction House Partnerships connect leading galleries and auction houses with collectors from around the world, offering the most comprehensive overview of artworks for sale worldwide. Artnet News covers the events, trends, and people shaping the global art market with up-to-the-minute analysis and expert commentary. It is dominating the online art market news coverage and generates more traffic than all of its competitors combined.

Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards. Its principal holding is its wholly-owned subsidiary, Artnet Worldwide Corporation, a New York corporation founded in 1989, and its London based subsidiary, Artnet UK Ltd.

ISIN: DE000A1K0375

Sophie Neuendorf
[email protected]

09.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: artnet AG
Oranienstraße 164
10969 Berlin
Phone: +49 (0)30 20 91 78 -0
Fax: +49 (0)30 20 91 78 -29
E-mail: [email protected]
Internet: www.artnet.de
ISIN: DE000A1K0375
WKN: A1K037
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange
EQS News ID: 1247230

End of News DGAP News Service

1247230  09.11.2021 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 17,39 18,43 18,32 19,54 18,94 20,89 27,10
EBITDA1,2 1,00 0,77 1,26 1,52 1,55 0,63 2,32
EBITDA-Marge3 5,75 4,18 6,88 7,78 8,18 3,02 8,56
EBIT1,4 0,64 0,36 0,77 0,18 0,19 -0,75 0,92
EBIT-Marge5 3,68 1,95 4,20 0,92 1,00 -3,59 3,40
Jahresüberschuss1 0,63 0,70 1,04 -0,01 1,92 -0,80 0,68
Netto-Marge6 3,62 3,80 5,68 -0,05 10,14 -3,83 2,51
Cashflow1,7 0,93 1,01 1,11 1,63 2,71 0,56 1,30
Ergebnis je Aktie8 0,12 0,12 0,19 0,00 0,35 -0,09 0,12
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ebner Stolz

WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1K037 6,320 Kaufen 36,06
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
28,73 20,92 1,37 -1.264,00
8,19 64,51 1,73 56,66
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,00 0,00 0,00 23.12.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2021 13.08.2021 12.11.2021 04.05.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-9,68% -28,88% -39,81% -42,02%
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Kunst , A1K037 , ART , XETR:ART