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Articore Group Limited
(Sydney:ATG)
Articore Group Limited (ATG) vs. iShares MSCI Australia ETF (EWA)
Articore Group Limited Business Overview & Revenue Model
Articore Group Limited Earnings Call Summary
Articore Group Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 492.99M | 438.64M | 492.99M | 555.12M | 573.39M | 573.39M |
| Gross Profit | 107.93M | 173.00M | 240.59M | 260.07M | 273.94M | 105.95M |
| EBITDA | 7.02M | 2.67M | 7.02M | -40.52M | -11.63M | 52.39M |
| Net Income | -8.84M | -11.29M | -8.84M | -54.18M | -24.59M | -24.59M |
Balance Sheet | ||||||
| Total Assets | 130.51M | 109.41M | 130.51M | 134.72M | 134.72M | 190.62M |
| Cash, Cash Equivalents and Short-Term Investments | 36.90M | 28.42M | 36.90M | 35.72M | 35.72M | 89.13M |
| Total Debt | 9.47M | 6.58M | 9.47M | 9.47M | 7.01M | 9.63M |
| Total Liabilities | 77.45M | 63.56M | 77.45M | 77.48M | 77.48M | 86.66M |
| Stockholders Equity | 53.05M | 45.85M | 53.05M | 57.24M | 57.24M | 103.96M |
Cash Flow | ||||||
| Free Cash Flow | 6.42M | -4.60M | 6.42M | -49.72M | -49.72M | -8.40M |
| Operating Cash Flow | 12.49M | 147.00K | 12.49M | -37.09M | -37.09M | 2.79M |
| Investing Cash Flow | -6.07M | -4.71M | -6.07M | -6.07M | -12.63M | -11.20M |
| Financing Cash Flow | -4.92M | -5.05M | -3.93M | -3.93M | -3.68M | -3.29M |
Articore Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | AU$103.35M | 135.80 | 1.90% | ― | 1.58% | -65.09% | |
66 Neutral | AU$53.86M | 12.27 | 12.71% | 9.03% | 8.39% | 3.21% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
56 Neutral | $102.23M | -8.77 | -22.04% | ― | ― | ― |
Articore Group Limited Corporate Events
Articore Group reported that its ongoing turnaround strategy is delivering improved profitability despite softer marketplace revenue, with gross profit for the first half of FY26 rising 6.0% to A$107.5 million and gross profit margin expanding 480 basis points to 48.8%, helped by supply-chain synergies and new artist account fees. Marketplace revenue declined 4.5% in the half and 3.2% in the December quarter, but this represented a marked improvement on the double-digit falls seen a year earlier, while gross profit after paid acquisition increased 8.9% as more efficient marketing spend and optimised pricing and promotions lifted GPAPA margin to 27.6%, signalling early but tangible progress in restoring growth and margins ahead of detailed half-year results due in February.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced a change in the security holdings of director Robin Mendelson, reflecting the routine conversion of restricted stock units into fully paid ordinary shares under the company’s director remuneration arrangements. Mendelson converted 45,292 restricted stock units, issued in lieu of cash director fees for the 12 months to 31 October 2026, into an equivalent number of ordinary shares held indirectly through Solium Nominees (Australia) Pty Ltd, increasing his indirect shareholding to 481,496 shares while reducing his restricted stock units to 452,924; the transaction was not conducted during a closed trading period and does not involve any on-market trading, underscoring the ongoing use of equity-based compensation rather than signaling a change in strategic or financial outlook.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced the cessation of a number of equity-linked instruments on its register, including options and share appreciation rights, but the filing does not provide additional details on the company’s industry, core operations or markets.
The company notified the ASX that 161,768 options expired unexercised between October and November 2025, and a total of 3,508,972 share appreciation rights lapsed in December 2025 after their conditions were not met, resulting in no new shares being issued and a modest reduction in potential future dilution for existing shareholders.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has notified the market of the issue of 4,716,132 unquoted share appreciation rights (SARs) under its employee incentive scheme, which will not be quoted on the ASX. The award of these SARs, effective from 1 October 2025, signals the company’s continued use of equity-based remuneration to align staff incentives with shareholder value, potentially affecting future dilution and reflecting an emphasis on retaining and motivating key employees.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has notified the market of the issue of 7,489,394 new ordinary fully paid shares following the exercise or conversion of previously unquoted securities. The additional shares, to be dated 2 October 2025, increase the company’s quoted capital base, potentially improving liquidity for existing shareholders and signalling the crystallisation of value from earlier unquoted equity incentives or financing arrangements.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has notified the Australian Securities Exchange of the issue of new fully paid ordinary shares following the exercise or conversion of previously unquoted options or other unquoted convertible securities. The company will issue a series of tranches between October and December 2025, resulting in a material increase in its ordinary share count that reflects the uptake of incentive or convertible instruments by holders and marginally broadens its equity base, with implications for dilution and capital structure for existing shareholders.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group has appointed Derek Yung as Group Chief Financial Officer, reinforcing its executive team as it continues to implement a turnaround and growth strategy. Yung, who joins effective immediately, brings more than a decade of CFO experience in leading e-commerce and marketplace businesses, including previous roles at TransForce, Wine.com and eHealth, where he oversaw substantial revenue growth and a significant share price increase, signalling Articore’s intent to strengthen financial leadership and execution capabilities in a competitive online marketplace sector.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has cancelled a series of its ordinary fully paid shares through an on-market buy-back program conducted over November 2025, leading to the cessation of multiple tranches of securities on various dates. The move reduces the company’s shares on issue, effectively consolidating ownership among remaining shareholders and potentially enhancing earnings per share and capital management flexibility, though the announcement provides no further commentary on strategic rationale or future plans.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group has released its FY25 Modern Slavery Statement, outlining how it is addressing human rights risks across its operations and extensive third-party fulfilment network. The company acknowledges that modern slavery is a global risk even for online marketplaces and emphasises its responsibility to protect not just its own employees in Australia, the US and Europe, but also workers employed by its 40 external fulfilment partners who turn digital designs into physical products. Articore highlights measures such as independent onsite audits and anonymous worker interviews, and positions transparency and ongoing public reporting as central to its broader social impact and sustainability strategy, signalling to stakeholders that it intends to keep strengthening safeguards for all people contributing to its marketplaces.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has appointed Derek Yung as the new Group Chief Financial Officer to bolster its executive leadership amid its ongoing turnaround and growth strategy. Yung, with extensive experience in strategic finance leadership, particularly in high-growth technology businesses, is expected to enhance Articore’s operational performance and long-term value creation. His previous roles include CFO positions at TransForce, Wine.com, and eHealth, where he significantly contributed to revenue growth and stock price increases. His appointment is seen as a strategic move to strengthen Articore’s financial profile and deepen relationships with creators and customers.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced a change in the interests of its director, Robin Mendelson, involving the conversion of Restricted Stock Units into fully paid ordinary shares. This adjustment reflects the allocation of shares by the Employee Share Trustee, which were initially issued in lieu of cash fees for the director’s services. The change in director’s interest is part of the company’s ongoing management of director compensation and share allocation, potentially impacting shareholder perceptions and the company’s governance practices.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced a pause in its on-market share buyback program as it enters its seasonal peak trading period. This decision follows the conclusion of a trading window and reflects the company’s strategic adjustment to focus on its core operations during a critical time of the year.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update on its ongoing share buy-back program, which involves the repurchase of its ordinary fully paid securities listed under the ASX code ATG. As of November 21, 2025, the company has bought back a total of 299,573 securities, including 25,000 securities purchased on the previous day. This buy-back initiative is part of Articore’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update regarding its ongoing share buy-back program. The company, listed under the ASX code ATG, has reported the purchase of 3,700 ordinary fully paid securities on the previous day, adding to a total of 270,873 securities bought back previously. This buy-back initiative is part of Articore’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update regarding its ongoing on-market buy-back program. As of November 19, 2025, the company has repurchased a total of 270,873 ordinary fully paid securities, including 25,000 securities bought back on the previous day. This buy-back initiative is part of Articore’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update on its ongoing buy-back program of its ordinary fully paid securities, identified by the ASX code ATG. The company has been actively buying back shares, with a total of 225,873 securities bought back before the previous day and an additional 20,000 securities acquired on the previous day. This buy-back initiative is part of Articore’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced a daily update on its ongoing buy-back program, focusing on its ordinary fully paid securities listed under the ASX code ATG. The company reported a total of 4,500 securities bought back on the previous day, contributing to a cumulative total of 221,373 securities repurchased to date. This buy-back initiative is part of Articore’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced a daily update on its ongoing on-market buy-back of ordinary fully paid securities, with a total of 20,000 securities bought back on the previous day, adding to the 201,373 securities already repurchased. This buy-back initiative is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial health.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update regarding its ongoing on-market buy-back program for its ordinary fully paid securities, with the ASX security code ATG. The company has been actively buying back shares, with a total of 139,313 securities bought back before the previous day and an additional 62,060 securities bought back on the previous day. This buy-back program is part of Articore’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update regarding its ongoing on-market buy-back program. As of November 12, 2025, the company has repurchased a total of 139,313 ordinary fully paid securities, including 50,000 securities bought back on the previous day. This buy-back initiative reflects the company’s strategy to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced the issuance of 32,576 ordinary fully paid securities, effective November 6, 2025. This move reflects the company’s ongoing efforts to manage its equity structure and potentially enhance its market positioning by increasing the liquidity of its shares. The issuance of these securities may have implications for stakeholders, as it could influence the company’s stock performance and investor relations.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced a change in the director’s interest notice for Robin Mendelson. The changes include the acquisition of 543,508 Restricted Stock Units and 32,576 fully paid ordinary shares, while 32,576 Restricted Stock Units were disposed of due to vesting. These changes are part of a compensation structure where Restricted Stock Units are issued in lieu of cash director fees, subject to continued service, and are aligned with shareholder approval from the 2024 AGM.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back 50,000 ordinary fully paid securities on the previous day, adding to a total of 39,313 securities bought back before that day. This buy-back activity is part of its strategy to manage capital and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update regarding its ongoing share buy-back program. The company reported that it has repurchased a total of 32,313 ordinary fully paid securities before the previous day and an additional 7,000 securities on the previous day. This buy-back initiative is part of Articore’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update on its ongoing on-market buy-back program, reporting the buy-back of 14,353 securities on the previous day. This action is part of a broader strategy to manage capital efficiently and potentially enhance shareholder value, reflecting the company’s commitment to optimizing its financial structure.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update regarding its ongoing buy-back of ordinary fully paid securities, identified by the ASX code ATG. The company has been actively buying back its shares, with a total of 10,460 securities bought back before the previous day and an additional 7,500 securities bought back on the previous day. This buy-back initiative is part of Articore’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has announced an update regarding its on-market buy-back program. The company reported the buy-back of 10,460 ordinary fully paid securities on the previous day, marking the first securities bought back since the program’s initial notification on October 15, 2025. This move could potentially impact the company’s stock value and shareholder equity, reflecting a strategic decision to manage capital and enhance shareholder returns.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.
Articore Group Limited has initiated an on-market share buy-back program, reflecting the board’s confidence in the company’s financial turnaround and long-term potential. The buy-back, which will not exceed 10% of issued capital, aims to address the disparity between the company’s share price and its underlying business strength, while maintaining flexibility for future growth opportunities.
The most recent analyst rating on (AU:ATG) stock is a Buy with a A$0.75 price target. To see the full list of analyst forecasts on Articore Group Limited stock, see the AU:ATG Stock Forecast page.