Overview
artnet AG covers artists from A to Z. The company is an online auction site, database, and portal for the international fine and contemporary arts and antiques markets. artnet's Web site plays host to more than 2,000 participating galleries around the world that auction artwork for sale by more than 25,000 artists. The artnet Price Database catalogs 3.7 million auction results dating back to 1985, and the Design Database is a searchable directory
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Read More for dealers, galleries, auction houses, museums, and collectors to research the market. The company also publishes the online-only artnet Magazine and a monthly newsletter. artnet AG was founded in 1989 as Centrox Corporation and has been online since 1995.
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Read More for dealers, galleries, auction houses, museums, and collectors to research the market. The company also publishes the online-only artnet Magazine and a monthly newsletter. artnet AG was founded in 1989 as Centrox Corporation and has been online since 1995.
Read Less
Jacob Pabst
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Estimated
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Actual
$25.38 million
Actual
-6.71%
$12
DEC
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XETRA:ART
Contacts
Get in Touch with 4 Principals*
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Jacob PabstMember of the Board of Directors
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Contact 3?
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Financial Statements
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Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2023
$25.38 million
USD
Actual
1 USD = 0.92 EUR
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Operating Cash | $1 | $3 | $1 |
| Net Investing Cash | -$2 | -$2 | -$1 |
| Net Financing Cash | $0 | -$0 | -$1 |
| Net Change in Cash | -$1 | $0 | -$1 |
| Cash at Beginning of Period | $1 | $1 | $2 |
| Cash at End of Period | $1 | $1 | $1 |
| Capital Expenditure | -$2 | -$2 | -$1 |
| Assets (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $1 | $1 | $1 |
| Accounts Receivable | $3 | $3 | $2 |
| Inventories | $ | $ | $ |
| Other Current Assets | $0 | $3 | $1 |
| Asset Summary | |||
| Total Current Assets | $4 | $7 | $4 |
| Tangible Fixed Assets | $0 | $0 | $1 |
| Intangible Assets | $7 | $6 | $4 |
| Total Assets | $13 | $14 | $11 |
| Liabilities (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $4 | $4 | $1 |
| Short-Term Debt | $0 | $0 | $ |
| Other Current Liabilities | $4 | $6 | $6 |
| Liability Summary | |||
| Total Current Liabilities | $8 | $10 | $7 |
| Long-Term Debt | $1 | $0 | $ |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $9 | $10 | $7 |
| Stakeholder's Equity (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Equity | |||
| Common Stock | $6 | $6 | $6 |
| Retained Earnings | -$58 | -$57 | -$57 |
| Equity Summary | |||
| Total Equity | $5 | $5 | $5 |
| Shares Outstanding | 5,706,067 | 5,627,986 | 5,627,986 |