REG - Artisanal Spirits Co - Trading Update and Notification of FY Results Date

Artisanal SpiritsAnnouncement

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RNS Number : 8526P  Artisanal Spirits Company PLC (The)  22 January 2026

 

22 January 2026

 

The Artisanal Spirits Company plc

("ASC") or ("the Company")

 

Trading Update and Notification of FY Results Date

 

The Artisanal Spirits Company (AIM: ART), the creator of outstanding,
limited-edition whiskies and experiences around the world, and owner of The
Scotch Malt Whisky Society ("SMWS" or "the Society"), Single Cask Nation
("SCN"), J.G. Thomson and Artisan Casks announces a pre-close trading update
for the year ended 31 December 2025 ("FY25").

 

Trading Update:

 

The Group announces that trading in the year ended 31 December 2025 was in
line with expectations with in-market trading improving in H2 versus H1 in the
key geographies of UK, Europe, USA and China.

 

Scotch Malt Whisky Society: Underlying(1) membership was maintained year on
year at 40,000. Retention remained strong, at just over 70%, demonstrating the
continued strength o.f the SMWS proposition to existing and prospective new
members. Importantly, member recruitment saw strong performance in key markets
such as the UK and China - with both geographies experiencing a record year
for underlying recruitment.  In total over 11,000 new members were recruited
globally.

 

Member engagement also improved with online bottle sales volumes in Europe
(inc. UK) moving from broadly flat in H1 to single digit growth in H2 and the
UK Venues continued their consistently strong performance throughout FY25,
with mid to high single digit revenue growth in each quarter of the year.

 

Furthermore, the rate of revenue decline in China slowed in H2.  The US
market, which remains the world's largest market for Scotch Malt Whisky, moved
into positive territory to deliver mid-single digit growth in Q4.

 

Single Cask Nation: SCN delivered double digit revenue growth. This is despite
the temporary postponement of a sizeable shipment, representing c10% of FY SCN
sales, into early January 2026 as a result of the US Government shutdown at
the end of last year as previously announced on 20 November 2025.

 

Cask Sales: Cask sales remained strong and achieved double digit revenue
growth with continued delivery of trade cask sales and swaps, supported by
encouraging early results for the Artisan Cask brand following its launch in
mid-2025.

 

Notification of Full Year Results Date

The Group will publish its Full Year Results for the year ended 31 December
2025 on Monday, 30 March 2026.

 

(1 Underlying membership excludes the c3,000 members who joined in the UK
during November 2024 using a complimentary code which was shared widely
online, but who did not then subsequently engage or renew)

 

For further enquiries:

 

 The Artisanal Spirits Company plc                        https://artisanal-spirits.com/s/4a4236

                                                        (https://artisanal-spirits.com/s/4a4236)
 Andrew Dane, Chief Executive Officer

 Billy McCarter, Chief Financial Officer

 Panmure Liberum Limited (Nominated Adviser and Broker)

 Edward Thomas                                            Tel: +44 (0)20 3100 2222

 Dru Danford

 John More

 Team Lewis (Financial PR)

 Justine Warren                                           Tel: +44 (0)20 7802 2617 / 2634

 Hannah Scott

 

About The Artisanal Spirits Company

ASC's purpose is to captivate a global community of whisky adventurers, by
creating and selling outstanding, limited-edition whiskies and experiences
around the world, with an ambition to create a high quality, highly profitable
and cash generative, premium global business.

Based in Edinburgh, ASC owns The Scotch Malt Whisky Society (SMWS), Single
Cask Nation (SCN), J.G.Thomson (JGT) and Artisan Casks. Owning over 18,000
casks primarily comprising Single Malt Scotch Whisky, ASC's stock includes
outstanding whisky (and other spirits) from 150 different distilleries across
20 countries which is sold to members both as individual bottles and whole
casks.

With an established global presence in some 30 countries, SMWS operates a
direct-to-consumer model (90% of revenue) primarily through e-commerce, in
addition to four member rooms in the UK. SMWS provides members with inspiring
experiences, content and exclusive access to a vast and unique range of
outstanding, expertly curated Scotch malt and other whiskies.

In January 2024, ASC acquired SCN which sources, curates and bottles
single-cask whiskies and other spirits selling both online and via traditional
retail channels to its following of over 10,000 whisky enthusiasts in the USA.
SCN also retails to key international whisky markets around the world.

Launched in the UK in late 2021, JGT has a focus on outstanding small batch
blended malt whiskies and other spirits, available both through
direct-to-consumer online sales and through traditional retail channels. The
award-winning brand has subsequently expanded into international markets.

In July 2025, ASC launched Artisan Casks, a luxury private cask programme
allowing private individuals the chance to purchase an individual cask of a
quality that allows for immediate bottling and joining a select network with a
discerning appreciation for finest craftsmanship and luxury experiences.

With proven e-commerce reach and a growing family of brands, ASC is building a
portfolio of limited-edition and small-batch whisky and other spirits brands
for a global movement of discerning consumers - delivering revenue of £23.6
million in FY24, predominantly from outside the UK, with an expanding presence
in the other key global whisky markets including USA, China, Europe, Japan,
Australia and Taiwan.

ASC has a substantial asset backing and is delivering profitable growth and
cash generation.

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