Artisanal Spirits Company PLC (ART) AI Stock Analysis

• Market Cap: £32.21M
• Dividend Yield: N/A
• Average Volume (3M): 18.52K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.55
• Revenue Growth: 0.43%
• EPS Growth: 15.06%
• Country: UK
• Employees: 133
• Sector: Consumer Defensive
• Sector Strength: 53
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): >-0.01
• Shares Outstanding: 70,794,700
• 10 Day Avg. Volume: 8,594
• 30 Day Avg. Volume: 18,522
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: £48.00
• Price Target Upside: 0.00%
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: 48.00p ▲(0.00% Upside)

Artisanal Spirits Company PLC's overall stock score is driven by strategic growth initiatives and corporate events, which positively impact future prospects. However, this is offset by poor financial performance, characterized by persistent net losses, high leverage, and negative cash flow. The technical analysis provides mixed signals, and valuation metrics are unfavorable due to a negative P/E ratio and the absence of dividends.

Artisanal Spirits Company PLC Business Overview & Revenue Model

Company Description

Artisanal Spirits Company PLC (ART) is a premium spirits company specializing in the production and distribution of high-quality, small-batch whiskies and other spirits. The company is renowned for its unique and exclusive offerings, catering to discerning consumers and collectors. With a focus on craftsmanship and authenticity, Artisanal Spirits Company operates primarily in the alcoholic beverage sector, delivering exceptional products to both domestic and international markets.

How the Company Makes Money

Artisanal Spirits Company PLC generates revenue primarily through the sale of its premium spirits. The company sources, matures, and bottles a wide range of whiskies and spirits, which are then sold directly to consumers through its online and physical retail channels, as well as through partnerships with distributors and retailers globally. A significant portion of its earnings comes from exclusive memberships and limited edition releases that attract enthusiasts and collectors willing to pay a premium for rare and unique offerings. Additionally, the company leverages strategic partnerships with bars and restaurants to expand its market reach and brand visibility. These diverse revenue streams, along with a commitment to quality and innovation, contribute significantly to the company's financial performance.

Artisanal Spirits Company PLC Financial Statement Overview

Summary

Artisanal Spirits Company PLC demonstrates stable revenue growth and effective cost management with a gross profit margin of 63.6%. However, persistent net losses, high leverage with a debt-to-equity ratio of 2.19, and reliance on financing highlight financial risks and operational inefficiencies.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	23.60M	23.50M	21.78M	18.24M	15.03M
Gross Profit	15.03M	15.00M	13.85M	11.21M	8.80M
EBITDA	948.00K	-604.00K	-237.00K	-1.52M	180.00K
Net Income	-3.30M	-3.85M	-1.71M	-3.35M	-1.62M
Balance Sheet
Total Assets	52.29M	49.82M	47.36M	39.89M	34.64M
Cash, Cash Equivalents and Short-Term Investments	2.87M	1.24M	2.33M	2.01M	2.18M
Total Debt	32.40M	27.04M	3.32M	3.59M	1.57M
Total Liabilities	37.24M	31.55M	25.35M	16.01M	21.65M
Stockholders Equity	14.80M	18.08M	21.79M	23.58M	12.83M
Cash Flow
Free Cash Flow	-1.75M	-7.62M	-8.98M	-5.86M	-2.12M
Operating Cash Flow	-805.00K	-5.54M	-5.63M	-4.67M	-1.02M
Investing Cash Flow	-1.01M	-2.05M	-3.35M	-1.19M	-1.08M
Financing Cash Flow	3.52M	6.57M	9.48M	5.68M	2.70M

Artisanal Spirits Company PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 48.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ART, the sentiment is Positive. The current price of 48 is above the 20-day moving average (MA) of 46.97, below the 50-day MA of 48.97, and above the 200-day MA of 41.64, indicating a neutral trend. The MACD of -0.89 indicates Negative momentum. The RSI at 55.13 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
HVT	72 Outperform	£8.11M	5.56	10.60%	1.28%	2.76%	―
HVTA	69 Neutral	£8.11M	4.01	10.60%	1.77%	2.76%	―
JDW	66 Neutral	£782.26M	14.06	16.38%	2.04%	3.70%	57.10%
Sector *	66 Neutral	£7.63B	6.74	5.70%	3.68%	1.19%	16.13%
ART	51 Neutral	£32.21M	―	-20.08%	―	0.43%	15.06%
DIS	48 Neutral	£2.54M	―	-22.68%	―	-13.94%	-142.86%
1U6	―	€84.62M	―		―	―	―

Artisanal Spirits Company PLC Corporate Events

Artisanal Spirits Company Maintains Stability Amid Global Challenges

Artisanal Spirits Company PLC reported a stable adjusted EBITDA for the first half of 2025, maintaining its performance despite challenging global trading conditions. The company is diversifying its revenue streams with the launch of the Artisan Cask program and is making progress in expanding its international presence, particularly with plans to enter the Indian market. The company has taken strategic actions to mitigate tariff impacts in the US and is focusing on cost efficiencies to achieve its financial targets. These initiatives are expected to support ASC’s long-term growth and strengthen its position in the global whisky market.

Artisanal Spirits Company Unveils Exclusive Artisan Casks Program

The Artisanal Spirits Company has launched Artisan Casks, a luxury private cask program offering individuals the opportunity to purchase and enjoy aged whisky casks. This initiative aims to enhance the company’s market position by providing exclusive access to Scotland’s renowned distilleries and unique whisky experiences, potentially attracting high-net-worth individuals and whisky enthusiasts.

Artisanal Spirits Company Expands into Vietnam with New Franchise

The Artisanal Spirits Company has launched a new franchise in Vietnam, marking a significant step in its strategic expansion across Asia. This move gives the company access to one of the world’s top 10 markets for Ultra-Premium Scotch Whisky, further solidifying its presence in the region alongside existing operations in Korea, Taiwan, China, and Japan. The expansion is expected to enhance ASC’s ability to meet the growing demand for its exclusive whisky offerings, thereby strengthening its market position and providing potential benefits to stakeholders.

Artisanal Spirits Company to Present FY24 Results at MelloMonday Webinar

Artisanal Spirits Company PLC announced its participation in the MelloMonday webinar to discuss its FY24 results, journey since IPO, and future ambitions. The event, featuring presentations by CEO Andrew Dane and CFO Billy McCarter, highlights the company’s commitment to transparency and shareholder engagement, aiming to reinforce its industry positioning and stakeholder trust.

Artisanal Spirits Company PLC Passes All AGM Resolutions, Reinforcing Strategic Direction

At the recent Annual General Meeting, The Artisanal Spirits Company PLC successfully passed all resolutions, including the re-election of its board members and the approval of the directors’ remuneration report. This outcome underscores the company’s stable governance and strategic direction, reinforcing its position in the global whisky market and ensuring continued growth and profitability for stakeholders.

Artisanal Spirits Company Reports Strong Start to 2025 with Strategic Growth Initiatives

Artisanal Spirits Company PLC has reported a strong start to the year, achieving double-digit revenue growth and improved profitability, despite a one-off investment in SMWS America. The company is on track to meet its full-year EBITDA target of £1.5m, supported by strategic initiatives such as the full control of SMWS America’s membership and marketing services and the upcoming launch of a new private cask and luxury experience program. These developments are expected to enhance the company’s operating model and cost base, further solidifying its position in the global whisky market.

Artisanal Spirits Company Secretary Increases Stake

Artisanal Spirits Company PLC announced that Douglas Aitken, the Company Secretary and Legal Counsel, purchased 4,000 ordinary shares, increasing his stake to 5,100 shares. This transaction reflects internal confidence in the company’s growth and market positioning, potentially influencing stakeholder perceptions positively.