Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Artnet AG
  6. News
  7. Summary
    ART   DE000A1K0375

ARTNET AG

(ART)
  Report
Real-time Estimate Tradegate  -  03:10 2022-12-02 am EST
6.530 EUR   +0.46%
03:24aArtnet : A Court Threw Out a New York Nonprofit's Lawsuit to Block the Smithsonian From Repatriating Its Benin Bronzes to Nigeria
PU
12/01Artnet : Climate Activists Threaten to Start Slashing Paintings as They ‘Escalate' Their Campaign to Model the Suffragist Movement
PU
11/30Dd : artnet AG: Galerie Neuendorf AG, sell
EQ
SummaryQuotesChartsNewsCalendarCompanyFinancialsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

artnet AG: Artnet Data and Analytics show Fine Art in Comparison to other Key Asset Classes

02/28/2022 | 07:33am EST

Fine Art seen as a viable hedge against inflation

- Artnet Data highlights Fine Art's attractiveness as an asset class

- Artnet developing AI-supported analytics and predictive technology

Artnet AG, the leading platform for art market data and media, and the global marketplace for fine art investigates the impact and correlation between inflation, rising oil prices, and the appreciation of investments in fine art. As the global economy experiences unprecedented political turmoil and social upheaval, Artnet data shows significant investments in fine art can be seen as a hedge against inflationary pressures and market volatility.

Over the past few years, and especially in the wake of the pandemic, art has rapidly developed into a viable alternative asset. With over $14 Billion worth of fine art sold at auction last year, a hefty increase in comparison to the $10.1 Billion 2020 total sales, more and more family offices, collectors, and banks are turning to Fine Art as a viable investment.

The Artnet Data Science team can reveal that especially Post War and Contemporary Art are showing strong returns, with data suggesting growth in line with the S&P500. Modern Art and Impressionist Art are on a steady upwards trajectory. Old Master paintings are experiencing more tepid growth.

Artnet will deploy more resources to further develop its AI-supported analytics and business intelligence products. The development of predictive technologies will be instrumental for data-driven decision making, especially in terms of art secured lending, fractionalization, and other financial products.

The top 10 performing artists over the past year, according to Artnet's Database, were Pablo Picasso ($657 Million), Jean-Michel Basquiat ($414 Million), Andy Warhol ($341 Million), Claude Monet ($305 Million), Vincent van Gogh ($235 Million), Gerhard Richter ($225 Million), Banksy ($201 Million), Cy Twombly ($181 Million), Zhang Daqian ($160 Million), and Yayoi Kusama ($146 Million). The NFT breakout artist Beeple is among the top 20 highest grossing artists of 2021.

Artnet ended the year 2021 as its strongest performance ever. A pioneering force in the digitization of the art industry, Artnet's global, highly-curated, and data-driven platform has been critical in supporting the continued growth of the art market.

For more exclusive insights, subscribe to Artnet News Pro, which provides members with decision-driving intelligence about the latest developments in the global art market, from exclusive news and data reports to opinion from our acclaimed columnists.

Learn more and sign up: https://news.artnet.com/subscribe

Further Investor-relations related news and publications can be found here:

http://www.artnet.com/investor-relations/

About Artnet

Artnet has an unparalleled 60 million unique users annually, making it the largest global platform for fine art. Founded in 1989, Artnet has revolutionized the way people discover, research, and collect art today. Artnet's market data is a mission-critical resource for the art industry, encompassing more than 15 million auction results and AI- and ML-driven analytics providing an exceptional level of transparency and insight into the art market. Artnet's marketplace connects leading galleries and auction houses with our global audience, offering a curated selection of over 250,000 artworks for sale worldwide. Artnet Auctions, the pioneering online-only auction platform, offers unprecedented reach, liquidity, and efficiency. Artnet News covers the events, trends, and people shaping the global art market with up-to-the-minute analysis and expert commentary. It is the single most-read news publication in the fine art industry, with a rapidly growing, and dedicated audience. Together, Artnet's broad synergistic product offering provides a comprehensive ecosystem that drives and informs the modern art market.

Artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards. The majority of operations are headquartered in New York at its wholly-owned subsidiary, Artnet Worldwide Corporation, a New York based entity founded in 1989. Artnet Worldwide Corp. owns a London based subsidiary, Artnet UK Ltd.

ISIN: DE000A1K0375
LEI: 391200SHGPEDTRIC0X31

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

 


ę Business Wire 2022
All news about ARTNET AG
03:24aArtnet : A Court Threw Out a New York Nonprofit's Lawsuit to Block the Smithsonian From Re..
PU
12/01Artnet : Climate Activists Threaten to Start Slashing Paintings as They ‘Escalate' T..
PU
11/30Dd : artnet AG: Galerie Neuendorf AG, sell
EQ
11/29Artnet : I Visited New York's Immersive Klimt Spectacular With One of the World's Preemine..
PU
11/28Artnet : The ‘House of the Dragon' Set Artist on How Pompeii and Medieval Art Inspir..
PU
11/28Artnet : The Latest Layoffs at the National Gallery of Canada Threaten Its Cultural Releva..
PU
11/28Artnet : COP27 Brought Forward Key Lessons for the Art World. Here's How It Can Step Up an..
PU
11/25Artnet : Russia's Ambassador to Unesco Has Resigned, Clearing the Path for the World Herit..
PU
11/24I Can't Believe It's Butter : 7 Delectable Artworks That Pay Homage to the Beloved Dairy P..
PU
11/24Artnet : Never Mind the Crypto Crash, Christie's Is Powering on With a Sale of More Than 1..
PU
More news
Financials
Sales 2021 20,9 M 21,5 M 21,5 M
Net income 2021 -0,80 M -0,82 M -0,82 M
Net Debt 2021 1,02 M 1,05 M 1,05 M
P/E ratio 2021 -74,2x
Yield 2021 -
Capitalization 37,0 M 38,2 M 38,2 M
EV / Sales 2020 2,15x
EV / Sales 2021 2,88x
Nbr of Employees 138
Free-Float 22,6%
Chart ARTNET AG
Duration : Period :
artnet AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ARTNET AG
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Managers and Directors
Jacob Pabst Chief Executive Officer
Pascal Decker Chairman-Supervisory Board
Quentin Rider Chief Technology Officer
Alanna Lynch Chief Operating Officer
Hans Neuendorf Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
ARTNET AG-38.10%38
CHINA LITERATURE LIMITED-44.29%3 620
STORYTEL AB (PUBL)-72.60%310
MEDIA DO CO., LTD.-52.63%211
D&C MEDIA CO.,LTD.-59.49%155
BRANGISTA INC.31.75%47