Artmarket (PRC) H2 2025 earnings summary

Executive summary

• Revenue for 2025 reached €8.5M, up slightly from €8.36M in 2024, despite global economic and geopolitical headwinds.

• Net income dropped sharply to €1K from €654K in 2024, mainly due to one-off restructuring costs related to the absorption and liquidation of subsidiaries.

• The company shifted from IFRS to French GAAP, streamlining reporting and focusing resources on proprietary AI development.

• Strategic focus is on AI Intuitive Artmarket® and Blind Spot®, positioning as a global leader in art market information and vertical AI.

Financial highlights

• Operating income fell to -€309K from €648K in 2024.

• Result before tax was €45K, down from €954K in 2024.

• Cash position remains strong, with no significant debt and a net financial position of €1.7M.

• No dividends distributed for the third consecutive year.

• Equity stable at €31.1M.

Outlook and guidance

• The company expects continued growth in premium AI-driven subscriptions and new data licensing models.

• Strategic alliance with Perplexity AI and integration of advanced NVIDIA hardware to drive productivity and product innovation.

• Market projections anticipate robust growth in the art market and AI verticals through 2030.