Very good interims today, highlighting how well ASC is performing. Revenue growth of 25% and 24% additional members is an excellent showing in the current climate. We particularly like member LTV +21% to £1,774, led by higher retention. Outlook commentary is positive with good momentum continuing into Q3. Overall, the broad tenor reinforces ASC’s resilient/inflation hedge features, how it is benefitting from the world reopening and the defensive growth attributes of premium whisky. Hallmarks whi ....
14 Sep 2022
Excellent interims; another step to doubling sales by 2024
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Excellent interims; another step to doubling sales by 2024
Artisanal Spirits Company PLC (ART:LON) | 43.0 0 0.0% | Mkt Cap: 30.3m
- Published:
14 Sep 2022 -
Author:
Sahill Shan -
Pages:
3
Very good interims today, highlighting how well ASC is performing. Revenue growth of 25% and 24% additional members is an excellent showing in the current climate. We particularly like member LTV +21% to £1,774, led by higher retention. Outlook commentary is positive with good momentum continuing into Q3. Overall, the broad tenor reinforces ASC’s resilient/inflation hedge features, how it is benefitting from the world reopening and the defensive growth attributes of premium whisky. Hallmarks whi ....