Artmarket shifts to standalone French GAAP accounts after absorbing subsidiaries into Artprice unit
Reuters2026/08/13 06:01- Artmarket announced a corporate reorganization that fully consolidates all subsidiaries into Artprice by Artmarket from June 30, 2025.
- The group will stop using IFRS reporting, switching to French statutory accounts to streamline operations and refocus on AI development.
- The shift targets exclusive execution of its “Intuitive Art Market” and “Blind Spot” AI programs, positioning Artprice as an AI-first data platform.
- Management framed the change as a time-saving move, citing IFRS as ill-suited to the business’s scale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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