Want to see GB:ART full AI Analyst Report?
Top Page
Artisanal Spirits Company PLC
(LSE:ART)
Select Model
Select Model
Rating:41Neutral
Price Target:
22.50 p
▼(-32.84% Downside)
Action:Reiterated
Date:04/08/26
The score is driven primarily by very weak financial performance (ongoing losses, consistently negative cash flow, rising leverage and shrinking equity), which elevates funding and balance-sheet risk. Technicals add a bearish tilt with price below key moving averages and negative MACD. Valuation is constrained by a negative P/E and no dividend support in the provided data.
Positive Factors
Gross Margin Strength
High historical gross margins (~59–64%) indicate the company captures substantial value per unit sold, implying pricing power or efficient production. Over the medium term this margin buffer can cushion cost shocks and support a faster path to operating profitability if fixed costs and distribution scale are managed.
Negative Factors
Negative Cash Generation
Consistent negative operating and free cash flow, worsening to roughly -£5.2m in 2025, erodes liquidity each period. Persistently negative cash generation forces reliance on external financing, limits capital for marketing or capacity, and elevates refinancing and dilution risks over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross Margin Strength
High historical gross margins (~59–64%) indicate the company captures substantial value per unit sold, implying pricing power or efficient production. Over the medium term this margin buffer can cushion cost shocks and support a faster path to operating profitability if fixed costs and distribution scale are managed.
Read all positive factors
Artisanal Spirits Company PLC (ART) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£16.99M
Dividend YieldN/A
Average Volume (3M)11.95K
Price to Earnings (P/E)―
Beta (1Y)-0.24
Revenue Growth-15.82%
EPS Growth-119.66%
CountryUK
Employees172
SectorConsumer Defensive
Sector Strength42
IndustryBeverages - Wineries & Distilleries
Share Statistics
EPS (TTM)-0.10
Shares Outstanding70,804,700
10 Day Avg. Volume18,295
30 Day Avg. Volume11,947
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)3.14
Price to Sales (P/S)1.19
P/FCF Ratio-4.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.04
Revenue Forecast (FY)£24.11M
Artisanal Spirits Company PLC Business Overview & Revenue Model
Company Description
Headquartered in Edinburgh, UK, and established in 1983, The Artisanal Spirits Company plc focuses on identifying, acquiring, and distributing exceptional single-cask Scotch malt whiskies and a variety of other fine spirits. These exclusive offeri...
How the Company Makes Money
null...
Artisanal Spirits Company PLC Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
18
Very Negative
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.87M | 23.60M | 23.50M | 21.78M | 18.24M |
| Gross Profit | 11.27M | 15.03M | 15.00M | 13.85M | 11.21M |
| EBITDA | -3.02M | 948.00K | -604.00K | -237.00K | -1.52M |
| Net Income | -7.27M | -3.30M | -3.85M | -2.01M | -3.65M |
Balance Sheet | |||||
| Total Assets | 48.54M | 52.29M | 49.82M | 47.36M | 39.89M |
| Cash, Cash Equivalents and Short-Term Investments | 1.48M | 2.87M | 1.24M | 2.33M | 2.01M |
| Total Debt | 36.68M | 32.92M | 27.04M | 20.66M | 10.78M |
| Total Liabilities | 40.89M | 37.24M | 31.55M | 25.35M | 16.01M |
| Stockholders Equity | 7.55M | 14.80M | 18.08M | 21.79M | 23.58M |
Cash Flow | |||||
| Free Cash Flow | -5.19M | -1.75M | -7.62M | -8.98M | -5.86M |
| Operating Cash Flow | -4.48M | -805.00K | -5.54M | -5.63M | -4.67M |
| Investing Cash Flow | -674.00K | -1.01M | -2.05M | -3.35M | -1.19M |
| Financing Cash Flow | 3.82M | 3.52M | 6.57M | 9.48M | 5.68M |
Artisanal Spirits Company PLC Technical Analysis
Negative
33.50
Price Trends
28.88
Negative
29.88
Negative
33.00
Negative
Market Momentum
-1.38
Positive
0.99
Positive
12.88
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ART, the sentiment is Negative. The current price of 33.5 is above the 20-day moving average (MA) of 27.05, above the 50-day MA of 28.88, and above the 200-day MA of 33.00, indicating a bearish trend. The MACD of -1.38 indicates Positive momentum. The RSI at 0.99 is Positive, neither overbought nor oversold. The STOCH value of 12.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ART.
Artisanal Spirits Company PLC Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | £34.40B | 18.65 | 21.39% | 5.00% | -4.98% | -35.54% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
57 Neutral | £874.06M | 41.85 | 9.32% | 2.11% | -11.80% | -8.61% | |
49 Neutral | £76.33M | 342.31 | -6.01% | ― | 18.91% | ― | |
41 Neutral | £16.99M | -2.35 | ― | ― | -15.82% | -119.66% | |
41 Neutral | £1.32M | -0.83 | -21.81% | ― | -25.00% | 52.94% |
* Consumer Defensive Sector Average
GB:ART
Artisanal Spirits Company PLC
23.50
-26.00
-52.53%
GB:DGE
Diageo
1,517.50
-302.17
-16.61%
GB:FEVR
Fevertree Drinks
788.00
-73.38
-8.52%
GB:DIS
Distil plc
0.07
-0.12
-63.16%
GB:CDGP
Chapel Down Group plc
44.50
1.00
2.30%
GB:ADB
Adnams plc Class B
1,600.00
-300.00
-15.79%
Artisanal Spirits Company PLC Corporate Events
Business Operations and StrategyFinancial Disclosures
Artisanal Spirits Company Holds EBITDA as Branded Whisky Sales and Cash Flow Strengthen
Positive
Jul 15, 2026
The Artisanal Spirits Company reported that first‑half 2026 revenue was broadly in line with the prior year, as high single‑digit growth from its branded operations offset weaker trade cask sales. Strong contributions from newer platfo...
Business Operations and StrategyFinancial Disclosures
Artisanal Spirits Company Sets Date for Half-Year Trading Update
Neutral
Jul 2, 2026
The Artisanal Spirits Company plc, owner of The Scotch Malt Whisky Society and other specialist whisky brands, will release a trading update for the six months to 30 June 2026 on 15 July 2026. The announcement signals forthcoming detail on the per...
Business Operations and StrategyShareholder Meetings
Artisanal Spirits Company Secures Shareholder Backing for All AGM Resolutions
Positive
May 20, 2026
The Artisanal Spirits Company, owner of The Scotch Malt Whisky Society, Single Cask Nation, J.G. Thomson and Artisan Casks, focuses on building a portfolio of limited-edition and small-batch whisky and spirits brands for a global base of enthusias...
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
Artisanal Spirits Company Holds FY26 Guidance as U.S. Push and Membership Growth Offset Europe Slowdown
Positive
May 19, 2026
Artisanal Spirits Company said trading for the year to 31 December 2026 is in line with expectations, with guidance unchanged as cask sales and revenue growth in Asia and the U.S. offset weaker demand in Europe. Membership recruitment at The Scotc...
Executive/Board ChangesFinancial DisclosuresShareholder Meetings
Artisanal Spirits Company Publishes 2025 Report and Details Board Changes Ahead of Virtual AGM
Neutral
Apr 23, 2026
The Artisanal Spirits Company PLC has published its Annual Report and Accounts for the year ended 31 December 2025 and issued the notice of its 2026 Annual General Meeting, which will be held virtually on 19 May from Edinburgh and open to sharehol...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.