Artisanal Spirits Company PLC ( (GB:ART) ) just unveiled an announcement.
Artisanal Spirits Company PLC reported a record EBITDA of £1.1 million for the year ending December 2024, surpassing market expectations despite challenging economic conditions. The company achieved profitable growth, reduced net debt by £1.5 million in the second half of 2024, and increased its membership by 4%. The company’s substantial asset backing, with cask inventory valued at £102 million, supports its strategic goals. The start of 2025 has been strong, with double-digit revenue growth in Q1, driven by bottle sales in Europe and the success of the new Creators Collection range.
More about Artisanal Spirits Company PLC
The Artisanal Spirits Company PLC is a creator of limited-edition whiskies and experiences, owning brands such as The Scotch Malt Whisky Society, Single Cask Nation, and J.G. Thomson. Based in Edinburgh, the company operates primarily through a direct-to-consumer model, with a significant presence in e-commerce. ASC’s portfolio includes over 18,000 casks of whisky from 150 distilleries across 20 countries, catering to a global community of whisky enthusiasts.
YTD Price Performance: -10.81%
Average Trading Volume: 26,107
Technical Sentiment Signal: Buy
Current Market Cap: £23.28M
For detailed information about ART stock, go to TipRanks’ Stock Analysis page.