Artisanal Spirits Company PLC (ART) AI Stock Analysis

• Market Cap: £23.37M
• Dividend Yield: N/A
• Average Volume (3M): 11.95K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.62
• Revenue Growth: 0.43%
• EPS Growth: 15.06%
• Country: UK
• Employees: 133
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): -0.05
• Shares Outstanding: 70,804,700
• 10 Day Avg. Volume: 18,295
• 30 Day Avg. Volume: 11,947
• PEG Ratio: 0.54
• Price to Book (P/B): 1.76
• Price to Sales (P/S): 1.11
• P/FCF Ratio: -14.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £75.00
• Price Target Upside: 123.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: 32.00p ▼(-4.48% Downside)

The overall stock score is primarily influenced by financial performance and technical analysis. Persistent financial challenges, including net losses and high leverage, weigh heavily on the score. Weak technical indicators further contribute to a bearish outlook. However, positive corporate events, such as insider share purchases and improved refinancing terms, provide some optimism for future growth.

Positive Factors

Revenue Growth

The company's stable revenue growth indicates strong demand for its products and effective market strategies, supporting long-term business viability.

Gross Profit Margin

A stable gross profit margin suggests effective cost management, which is crucial for maintaining profitability as the company scales.

Product Demand

Consistent product demand reflects the company's ability to attract and retain customers, essential for sustaining long-term growth.

Negative Factors

Net Losses

Ongoing net losses indicate challenges in achieving profitability, which could hinder reinvestment and growth opportunities.

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to navigate economic downturns.

Cash Flow Struggles

Persistent cash flow challenges suggest reliance on external financing, which may not be sustainable long-term and could affect operational stability.

Artisanal Spirits Company PLC Business Overview & Revenue Model

Company Description

The Artisanal Spirits Company plc curates and sells premium single cask scotch malt whisky and other spirits to its members in the United Kingdom and internationally. The company creates small batches of blended malt whiskies, grain whiskies, rum, and gin under the J.G. Thomson brand. It sells its products online under The Scotch Malt Whisky Society brand name. The Artisanal Spirits Company plc was founded in 1983 and is based in Edinburgh, the United Kingdom.

How the Company Makes Money

Artisanal Spirits Company generates revenue primarily through the sale of its premium spirits products. The company's revenue model is centered on direct sales through various channels, including retail distribution, online sales, and partnerships with bars and restaurants. Key revenue streams include the sales of bottled spirits, which are often sold at a premium price due to their artisanal nature, and limited-edition releases that attract collectors and enthusiasts. Additionally, the company may benefit from collaborations with other brands and participation in industry events, which can enhance brand visibility and drive sales. Strategic partnerships with distributors and wholesalers further expand its market reach, contributing to overall earnings.

Artisanal Spirits Company PLC Financial Statement Overview

Summary

Artisanal Spirits Company PLC shows stable revenue growth and gross profit margins, suggesting good product demand and cost control. However, persistent net losses, high leverage, and reliance on financing highlight operational inefficiencies and financial risks. The company needs to address profitability and cash flow issues to improve financial health.

Income Statement

The Income Statement shows modest revenue growth over the years, with a 0.4% increase from 2023 to 2024. The gross profit margin remains stable at around 63.6% in 2024, indicating effective cost management relative to revenue. However, the company is operating at a net loss, with a net profit margin of -14% in 2024. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The Balance Sheet reveals a high debt-to-equity ratio of 2.19 in 2024, showing significant leverage which could pose financial risk. However, the equity ratio stands at 28.3%, indicating a reasonable proportion of assets financed by equity. The return on equity remains negative due to the net loss, highlighting challenges in generating returns on shareholders' investments.

Cash Flow

The Cash Flow Statement indicates negative free cash flow, although it has improved from -£7.6 million in 2023 to -£1.75 million in 2024. The operating cash flow to net income ratio is negative, suggesting cash flow struggles. The company is heavily reliant on financing to cover its cash flow needs, which could indicate sustainability concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.18M	23.60M	23.50M	21.78M	18.24M	15.03M
Gross Profit	14.34M	15.03M	15.00M	13.85M	11.21M	8.80M
EBITDA	153.00K	948.00K	-604.00K	-237.00K	-1.52M	180.00K
Net Income	-3.80M	-3.30M	-3.85M	-2.01M	-3.65M	-1.69M
Balance Sheet
Total Assets	49.97M	52.29M	49.82M	47.36M	39.89M	34.64M
Cash, Cash Equivalents and Short-Term Investments	1.40M	2.87M	1.24M	2.33M	2.01M	2.18M
Total Debt	35.02M	32.92M	27.04M	20.66M	10.78M	17.43M
Total Liabilities	38.62M	37.24M	31.55M	25.35M	16.01M	21.65M
Stockholders Equity	11.22M	14.80M	18.08M	21.79M	23.58M	12.83M
Cash Flow
Free Cash Flow	-1.73M	-1.75M	-7.62M	-8.98M	-5.86M	-2.12M
Operating Cash Flow	-961.00K	-805.00K	-5.54M	-5.63M	-4.67M	-1.02M
Investing Cash Flow	-599.00K	-1.01M	-2.05M	-3.35M	-1.19M	-1.08M
Financing Cash Flow	1.12M	3.52M	6.57M	9.48M	5.68M	2.70M

Artisanal Spirits Company PLC Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 33.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

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 33.45, below the 50-day MA of 35.33, and below the 200-day MA of 42.81, indicating a bearish trend. The MACD of -0.44 indicates Negative momentum. The RSI at 19.06 is Positive, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FEVR	74 Outperform	£961.23M	39.10	9.97%	2.11%	-6.03%	13.11%
DGE	68 Neutral	£36.24B	19.90	22.29%	5.00%	-2.83%	-40.42%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
CDGP	54 Neutral	£62.61M	-30.87	-6.01%	―	―	―
ART	47 Neutral	£23.37M	-7.05	―	―	0.43%	15.06%
DIS	42 Neutral	£2.69M	-1.65	-21.36%	―	-25.00%	52.94%

Artisanal Spirits Company PLC Corporate Events

Artisanal Spirits Company Updates Director Shareholding Details

Artisanal Spirits Company PLC announced a correction to a previous director dealing report, adjusting Gavin Hewitt’s shareholding from 122,530 to 122,480 shares. This update follows Hewitt’s recent purchase of 17,647 ordinary shares at 34.00 pence each, bringing his total holding to 122,480 shares, representing 0.17% of the company’s issued share capital. The transaction underscores the company’s ongoing commitment to transparency and may influence investor confidence in ASC’s governance and market positioning.

The most recent analyst rating on (GB:ART) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Artisanal Spirits Company PLC stock, see the GB:ART Stock Forecast page.

Artisanal Spirits Company Director Increases Stake with Share Purchase

Artisanal Spirits Company PLC announced that Gavin Hewitt, a Non-Executive Director, purchased 17,647 ordinary shares at 34.00 pence each, increasing his beneficial interest to 122,530 shares, representing 0.17% of the company’s issued share capital. This transaction indicates confidence in the company’s strategic direction and potential for growth, reinforcing its position in the premium spirits market and potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (GB:ART) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Artisanal Spirits Company PLC stock, see the GB:ART Stock Forecast page.

Artisanal Spirits Company CEO Increases Stake with Share Options Exercise

The Artisanal Spirits Company PLC announced that its CEO, Andrew Dane, exercised options over 10,000 ordinary shares, increasing his stake in the company. This move is part of the company’s ongoing strategy to enhance its market position and shareholder value. Following this transaction, the company’s total voting rights stand at 70,804,704 shares, which shareholders can use to assess their interest in the company. This development reflects ASC’s commitment to growth and transparency in its operations, potentially impacting its market positioning positively.

The most recent analyst rating on (GB:ART) stock is a Hold with a £44.00 price target. To see the full list of analyst forecasts on Artisanal Spirits Company PLC stock, see the GB:ART Stock Forecast page.

Artisanal Spirits Company Faces Delays but Strengthens US Strategy

Artisanal Spirits Company PLC announced a strategic update regarding its US operations, which will result in a one-off non-cash impact on its FY25 results. Due to a US government shutdown, a backlog in regulatory approvals has delayed shipments, affecting expected revenue and EBITDA. Despite these challenges, the company is accelerating its strategy to take direct control of its US operations, aiming for substantial cost savings and improved market performance. The underlying business remains strong, with expectations for stable revenue and positive EBITDA margins in FY26.

The most recent analyst rating on (GB:ART) stock is a Hold with a £44.00 price target. To see the full list of analyst forecasts on Artisanal Spirits Company PLC stock, see the GB:ART Stock Forecast page.