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Added to YB: 2025-07-02

Pitch date: 2025-07-01

ART.L [neutral]

The Artisanal Spirits Company plc

-32.32%

current return

Author Info

The Boon Fund writes about their investments in UK shares. Outperforming the FTSE All-Share, every year, for the last three years. 49% total return vs 15% over three years. They transparently publish their entire portfolio, as well as all buys and sells that they do. Sign up for the newsletter.

Company Info

The Artisanal Spirits Company plc, together with its subsidiaries, creates, curates, and sells whisky and other related products in the United Kingdom and internationally.

Market Cap

GBP 35.0M

Pitch Price

GBP 0.49

Price Target

N/A

Dividend

N/A

EV/EBITDA

93.70

P/E

-10.65

EV/Sales

2.75

Sector

Beverages

Category

value

Show full summary:
Shares I looked at this week (30 June 2025) - The Artisanal Spirits Company plc

ART.L pass: Whiskey membership club w/ poor metrics (4% member growth, 71% retention, -13% rev/member). £1.1M EBITDA on £23.6M rev. '£102M' whiskey inventory vs £25M book value questionable. Used asset sales (£4M cask sales) to mask revenue decline. High debt (£25.5M). Trading at 47p vs claimed 100p+ NTAV.

Read full article (4 min)