22.12.2023 artnet AG  DE000A1K0375

EQS-Adhoc: artnet AG: artnet adjusts forecast for fiscal year 2023


 

EQS-Ad-hoc: artnet AG / Key word(s): Change in Forecast
artnet AG: artnet adjusts forecast for fiscal year 2023

22-Dec-2023 / 19:36 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


New York/Berlin, December 22, 2023 - artnet AG ("Company") decided today to adjust its forecast for the 2023 fiscal year. The Company expects revenues of around 26M USD for the 2023 fiscal year (previously: 28M - 30M USD). Additionally, the Company now expects to achieve an operating profit (=EBIT) of around USD -0.7 million (previously: between USD 1.0 million and USD 1.6 million) for the 2023 fiscal year. The adjustment of the forecast is due to lower than expected performance in the Marketplace segment, particularly in the fourth quarter of the current fiscal year, caused primarily by the worldwide economic headwinds and the associated art industry specific downturn. Furthermore, several large Data and Media contracts, which were expected for the fourth quarter of 2023, have been delayed and are now expected to be realized in the first quarter of the 2024 fiscal year.


Contact:
Sophie Neuendorf
Vice President, Artnet AG 
[email protected]


End of Inside Information

22-Dec-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: artnet AG
Oranienstraße 164
10969 Berlin
Germany
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: 1803521

 
End of Announcement EQS News Service

1803521  22-Dec-2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1803521&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 18,43 18,32 19,54 18,94 20,89 25,03 23,60
EBITDA1,2 0,77 1,26 1,52 1,55 0,63 -0,14 0,90
EBITDA-Marge3 4,18 6,88 7,78 8,18 3,02 -0,56
EBIT1,4 0,36 0,77 0,18 0,19 -0,75 -1,63 -0,65
EBIT-Marge5 1,95 4,20 0,92 1,00 -3,59 -6,51 -2,75
Jahresüberschuss1 0,70 1,04 -0,01 1,92 -0,80 0,12 -1,50
Netto-Marge6 3,80 5,68 -0,05 10,14 -3,83 0,48 -6,36
Cashflow1,7 1,01 1,11 1,63 2,71 0,56 2,66 0,00
Ergebnis je Aktie8 0,12 0,19 0,00 0,35 -0,09 0,02 -0,26
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - 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: RSM Ebner Stolz

INVESTOR-INFORMATIONEN
©boersengefluester.de
Artnet
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1K037 5,550 Kaufen 31,67
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
19,14 21,29 0,90 142,31
KBV KCV KUV EV/EBITDA
7,35 11,90 1,27 -230,50
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 30.08.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2023 15.08.2023 16.11.2023 12.05.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-13,24% -24,21% -25,00% -37,64%
    
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Kunst , A1K037 , ART , XETR:ART