Artisanal Spirits (LON:ART) Posts Earnings Results

Artisanal Spirits (LON:ART) released its quarterly earnings results on Wednesday. The company reported GBX (5.20) earnings per share for the quarter, Digital Look Earnings reports. Artisanal Spirits had a negative return on equity of 129.39% and a negative net margin of 37.64%.

Artisanal Spirits Trading Up 1.0%

LON:ART traded up GBX 0.23 during mid-day trading on Friday, hitting GBX 23.73. 187,664 shares of the company’s stock were exchanged, compared to its average volume of 15,406. The company has a 50 day simple moving average of GBX 23.91 and a 200-day simple moving average of GBX 28. The company has a current ratio of 5.87, a quick ratio of 1.16 and a debt-to-equity ratio of 1,024.50. Artisanal Spirits has a fifty-two week low of GBX 21 and a fifty-two week high of GBX 44. The firm has a market capitalization of £16.80 million, a P/E ratio of -2.30 and a beta of 0.13.

Artisanal Spirits Company Profile

ASC’s purpose is to captivate a global community of whisky adventurers, by creating and selling outstanding, limited-edition whiskies and experiences around the world, with an ambition to create a high quality, highly profitable and cash generative, premium global business.

Based in Edinburgh, ASC owns The Scotch Malt Whisky Society (SMWS), Single Cask Nation (SCN), J.G.Thomson (JGT) and Artisan Casks. Owning over 18,000 casks primarily comprising Single Malt Scotch Whisky, ASC’s stock includes outstanding whisky (and other spirits) from 100 different distilleries across 20 countries which is sold to members both as individual bottles and whole casks.

With an established global presence in some 30 countries, SMWS operates a direct-to-consumer model (90% of revenue) primarily through e-commerce, in addition to four member rooms in the UK.