05.10.2023 artnet AG  DE000A1K0375

EQS-News: artnet AG: Artnet brings on Martina Batovic as Co-Head of Post-War & Contemporary Art


 

EQS-News: artnet AG / Key word(s): Personnel/Miscellaneous
artnet AG: Artnet brings on Martina Batovic as Co-Head of Post-War & Contemporary Art (news with additional features)

05.10.2023 / 17:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Artnet brings on Martina Batovic as Co-Head of Post-War & Contemporary Art

  • Formerly the Head of UK at Dorotheum, Martina Batovic will Co-Head the Post War & Contemporary Art department of Artnet Auctions out of Artnet’s London offices

New York/ London, October 5, 2023: Artnet AG, the leading platform for art market data and media, and the global online marketplace for fine art, is excited to announce that Martina Batovic has joined Artnet Auctions as Co-Head of Post-War & Contemporary Art. With over 15 years of experience at leading Galleries and Auction Houses, Martina is set to grow Artnet Auctions’ presence in the UK and Europe.

 “I am delighted to be joining Artnet and to have the opportunity to lead the European team of the Post-War & Contemporary Department. Artnet has unparalleled brand strength and recognition, and its auctions have gone from strength to strength over the last years. Online art auctions are on the rise globally, and I look forward to continuing building on this legacy and working with my colleagues in creating a truly unmissable platform for placing and acquiring works at auction,” Martina said.

Previously, Martina spent 7 years in the auction world, most recently as the Head of UK for Dorotheum, building the UK business and client base for the important auction house in central Europe, and previously as a Post-War & Contemporary Specialist with Bonhams. Martina is a regular panelist, industry voice and an active participant in the contemporary art world, including PEER UK where she currently serves as a Trustee.

 “We are now delighted to couple our arsenal of tech-forward tools with Martina’s curatorial and market prowess,” said Colleen Cash, SVP, Marketplace.“In this ever-evolving art market we know there’s a real benefit to having  our specialist team in strategic locations. Martina is well well-placed to lead our ongoing expansion into the UK and Europe while working with our global leadership team to help refine and reposition our Post-War & Contemporary Art category for unfettered success in the years to come.”

 With a multi-faceted view of the industry, Martina has worked across all three major areas of the market: auction, gallery and advisory. Since May 2021, she is Founder & CEO of Artisan Art Intelligence, an innovative strategic consultancy focusing on private sales, market intelligence and art education. Building on her wealth of diverse industry experience, Martina works with clients to fulfill their needs when it comes to operating in the art world.

As a pioneer of online transactions, Artnet’s Marketplace is ideally positioned to harness the nascent shift to online experiences and sales within the art industry. With major auction houses reporting that the majority of their bidding is taking place online, and 78% of collectors having purchased art online in 2022, the art world’s future is clearly digital. Artnet is uniquely positioned to offer collectors and professionals an unparalleled, holistic, and transparent experience and service by harnessing its rich data and information to empower buyers and sellers alike.

Click through to browse Artnet Auctions

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 16 million auction results and AI- and ML-driven analytics, providing an unparalleled 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 280,000 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.

Further investor-relations related news and publications can be found here

ISIN: DE000A1K0375

LEI: 391200SHGPEDTRIC0X31

Contact:

Sophie Neuendorf, Vice President, Artnet 

[email protected]

 

 

 


Additional features:

File: Press release


05.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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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: [email protected]
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: 1742703

 
End of News EQS News Service

1742703  05.10.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023
Umsatzerlöse1 18,43 18,32 19,54 18,94 20,89 25,03 23,35
EBITDA1,2 0,77 1,26 1,52 1,55 0,63 -0,14 -0,20
EBITDA-Marge3 4,18 6,88 7,78 8,18 3,02 -0,56
EBIT1,4 0,36 0,77 0,18 0,19 -0,75 -1,63 -1,90
EBIT-Marge5 1,95 4,20 0,92 1,00 -3,59 -6,51 -8,14
Jahresüberschuss1 0,70 1,04 -0,01 1,92 -0,80 0,12 -1,00
Netto-Marge6 3,80 5,68 -0,05 10,14 -3,83 0,48 -4,28
Cashflow1,7 1,01 1,11 1,63 2,71 0,56 2,66 0,98
Ergebnis je Aktie8 0,12 0,19 0,00 0,35 -0,09 0,02 -0,18
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Rödl & Partner

INVESTOR-INFORMATIONEN
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Artnet
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1K037 6,850 Halten 39,09
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
32,62 20,92 1,58 85,63
KBV KCV KUV EV/EBITDA
9,03 39,88 1,67 -202,33
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
in %
Hauptversammlung
0,00 0,00 0,00
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
03.09.2024 22.09.2024 11.11.2024 31.08.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
14,57% 16,60% -7,43% -14,38%
    
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Kunst , A1K037 , ART , XETR:ART