NIKKEI 225
29,357.93-83.37(-0.28%)HANG SENG
28,568.05-70.48(-0.25%)CRUDE OIL
72.71+0.59(+0.82%)
artnet AG (0Q4A.L)
| Previous close | N/A |
| Open | 5.94 |
| Bid | 0.00 x N/A |
| Ask | 0.00 x N/A |
| Day's range | 5.94 - 5.94 |
| 52-week range | 5.94 - 5.94 |
| Volume | 4,000 |
| Avg. volume | N/A |
| Market cap | 37.037M |
| Beta (5Y monthly) | 1.76 |
| PE ratio (TTM) | 17.17 |
| EPS (TTM) | 0.35 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- EQS Group
artnet AG: Artnet Auctions Sets Sights on the Million Dollar Market and Succeeds
DGAP-News: artnet AG / Key word(s): Development of Sales/Miscellaneous10.06.2021 / 15:00 The issuer is solely responsible for the content of this announcement.Artnet Auctions Sets Sights on the Million Dollar Market and Succeeds- Frank Stella's Rozdol I sells for 1.1M USD- Five of the most expensive works in the platform's history sold in the past five months- Platform to test market waters with high value sale in August 2021Berlin/New York, June 10, 2021-Berlin-based Artnet AG, the leading prov
- EQS Group
artnet AG: Post-War & Contemporary Art Sale Achieves Record for Highest Grossing Sale in Artnet Auctions History
DGAP-News: artnet AG / Key word(s): Development of Sales/Monthly Figures25.05.2021 / 08:45 The issuer is solely responsible for the content of this announcement.Post-War & Contemporary Art Sale Achieves Record for Highest Grossing Sale in Artnet Auctions History- Competitive bidding from four three continents fueled the sale's success- 93% of lots sold exceeded their pre-sale low estimate- 32% of lots sold exceeded their pre-sale high estimate- Damien Hirst artwork sells for 600,000 USDBerlin/New York, May 25, 2021-Berlin-based Artnet AG, the leading provider of art market data and online-only fine art auctions announced that Artnet Auctions' spring Post-War & Contemporary Art sale set a new record for the highest revenue generating sale in Artnet Auctions' history. The sale exceeded 2 million USD in total sales with an average sold lot value of over $70,000 - a 50% increase from the same sale held in 2020, and nearly 40% higher than the global standard for online sales."There is no question that the market is hungrier than ever for tightly curated sales and quality unique work", said Colleen Cash, VP, Auctions at Artnet. "Our team has spent the last year realizing the possibilities of a strategy geared toward facilitating more sales at the $75,000+ level, and these results confirm our efforts have been in the right place."The top lot of the marquee auction was a 2008 butterfly painting, Spring Intensity, by Damien Hirst which sold for $600K - the second highest value work ever sold on the online platform. 93% of lots sold in the sale exceeded their pre-sale low estimate, and 32% of lots sold exceeded their pre-sale high estimate, confirming Artnet Auctions' capacity to generate strong bidding interest across mediums and price points.Other notable results included Henry Moore's 1965 maquette sculpture Two Three Quarter Figures on Base, which realized $78K after 22 bids - almost $50K over its high estimate, and Larry Poons's painting The Ultimate Canto, which realized $84K after 14 bids - almost $25K over its high estimate.While the May sale cycle historically rounds out the brick-and-mortar spring season, there's no slowdown in sight for the Artnet Auctions team. The second iteration of the team's newly launched Art of the Americas initiative- presented in partnership with Raphael Castoriano, a multi-lingual artist, art advisor, and the founder and creative director of Kreëmart, and Solita Cohen, a Caracas native, as well as a collector and patron of Latin American art- goes live for bidding on June 11, 2021, and Queer Legacy, a sale dedicated to highlighting work by artists of the Queer community goes live on June 17, 2021. Queer Legacy will be presented in partnership with Eric Shiner, Executive Director, Pioneer Works and formerly of Sotheby's and the Andy Warhol Museum.About ArtnetArtnet is the leading resource for buying, selling, and researching art online. Founded in 1989, Artnet's suite of industry-leading products has revolutionized the way people discover and collect art today.The Price Database contains more than 14 million auction results from 1,900 auction houses dating back to 1985, providing an unparalleled level of transparency to the art market. The Gallery Network platform connects leading galleries with collectors from around the world, offering the most comprehensive overview of artworks for sale. Artnet Auctions was the first dedicated online marketplace for fine art, providing a seamless and efficient collecting experience for both buyers and sellers. Artnet News covers the events, trends, and people shaping the global art market with up-to-the-minute analysis and expert commentary. Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards.ISIN: DE000A1K0375LEI: 391200SHGPEDTRIC0X31Contact:Sophie Neuendorfsneuendorf@artnet.com25.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: info@artnet.de 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: 1199999 End of News DGAP News Service
- EQS Group
artnet AG: Second Quarter off to a Strong Start as Artnet Auctions Achieves New Heights in April
DGAP-News: artnet AG / Key word(s): Development of Sales/Monthly Figures17.05.2021 / 15:10 The issuer is solely responsible for the content of this announcement.Second Quarter off to a Strong Start as Artnet Auctions Achieves New Heights in April- 49% increase YoY in fee based revenue for Artnet Auctions in April- 60% increase YoY in new buyer volumes and 65% increase in new bidder volumes YoY- 300% increase YoY in number of works sold above $100k for 2021 YTDBerlin/New York, May 17, 2021-Berlin-based Artnet AG, the leading provider of art market data and online-only fine art auctions announced that April 2021 was another record month for Artnet Auctions. Fee-based revenue saw an increase of 49% to $660k USD YOY. As the strongest April in Artnet Auctions' history, the latest results continued a sustained trend of record-breaking months. Nine of the last twelve months have been the strongest-ever since Artnet Auctions' founding. In the first quarter, fee-based revenue at Artnet Auctions rose by 25% year-over-year to 1.2 million USD, setting a new revenue record for a first quarter."The past year presented a perfect storm of market conditions in the art industry and our team has been ready to meet those conditions with expert strategy and execution," says Colleen Cash, Vice President of Auctions. "Our Post-War & Contemporary, Photographs, and Prints & Multiples teams are operating at the highest level of innovation, curation, and market savvy, and consignors, buyers, and bidders are taking notice."Artnet Auctions has debuted a series of new initiatives in 2021 focused on client acquisition and market expansion. A webinar-based content series called "A Closer Look" connects clients to critical art market players in conversation on industry topics, and the series has garnered hundreds of attendees from across the globe. Additional initiatives focused on expanding the curatorial and market reaches of the platform have proven successful, and April's inaugural Art of the Americas sale and Africa Present sale saw scores of new bidders, buyers, and consignors across categories, geographies, and demographics."The online art market is at a fever pitch," says Jacob Pabst, CEO of Artnet. "More artwork is being offered and traded than ever before in the digital realm, and trust in the platform and access to quality works is critical to this growing client base. Artnet Auctions' efficiency, digitally native operation, and 24/7 offering is unmatched in the market."Trust and access are key considerations for clients in the online market, and April saw the successful sale of Andy Warhol's Campbell Soup Cans II, (complete series of 10 works) for $456,000 as well as Aboudia's Untitled which sold for $144,000.The spring season is well underway at Artnet Auctions, though no slowdown is in sight. The team's highly anticipated Street Level sale is open for consignments through May 20th, and perennially successful Contemporary Editions sale is open for consignments through June 2nd.The recently published Quarterly Interim Statement for the First Quarter of 2021 is available at artnet.com/investor-relations/quarterly-reportsAbout ArtnetArtnet is the leading resource for buying, selling, and researching art online. Founded in 1989, Artnet's suite of industry-leading products has revolutionized the way people discover and collect art today.The Price Database contains more than 14 million auction results from 1,900 auction houses dating back to 1985, providing an unparalleled level of transparency to the art market. The Gallery Network platform connects leading galleries with collectors from around the world, offering the most comprehensive overview of artworks for sale. Artnet Auctions was the first dedicated online marketplace for fine art, providing a seamless and efficient collecting experience for both buyers and sellers. Artnet News covers the events, trends, and people shaping the global art market with up-to-the-minute analysis and expert commentary. Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards.ISIN: DE000A1K0375LEI: 391200SHGPEDTRIC0X31 Contact:Sophie Neuendorfsneuendorf@artnet.com17.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de 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: info@artnet.de 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: 1197379 End of News DGAP News Service
