John-Paul Savant
Chief Executive Officer & Co-Founder
Replay available
Auction Technology Group plc (ATG) Q4 2023 Earnings Call
Auction Technology Group plc (LSE: ATG) Q4 2023 earnings conference call, held 2023-11-30. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Tom Heatley
Chief Financial Officer
Gareth Davis
Analyst, Numis
Lara Simpson
Analyst, J.P. Morgan
James Lock
Analyst, Peel Hunt
Emily Johnson
Analyst, Barclays
Jonathan Bonner
Analyst, Bank of Ireland
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Auction Technology Group Plc.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:02.435 ATG's 2023 00:00:02.435 -- 00:00:05.381 full year annual results. 00:00:05.381 -- 00:00:08.507 For fiscal year 23, we are 00:00:08.507 -- 00:00:14.818 pleased to say that we delivered solid numbers despite the macro economic backdrop. 00:00:14.818 -- 00:00:19.808 And we're pleased with the progress we had against all six of our strategic growth levers. 00:00:19.808 -- 00:00:25.101 In so doing, ATG is continuing to increase and improve the standard 00:00:25.101 -- 00:00:28.931 of buying online at auction, which is, as you know, a key part of what we're focused 00:00:28.931 -- 00:00:34.928 on. And what we've seen is that the more we do, the more our customers trust us. 00:00:34.928 -- 00:00:40.158 This year, we saw the fruits of some of our labors coming 00:00:40.158 -- 00:00:44.286 coming out, especially in the value added services domain and we'll talk a little bit 00:00:44.286 -- 00:00:48.954 more about that. We have other areas where we're investing or have been investing and 00:00:48.954 -- 00:00:51.922 we're going to see that coming in the future. 00:00:51.922 -- 00:00:56.932 While the macro backdrop definitely impacted our numbers in the second 00:00:56.932 -- 00:01:02.763 half, what's equally important to note is that we are in a position to 00:01:02.763 -- 00:01:07.793 invest and take control of that macro and de-risk the macro as we 00:01:07.793 -- 00:01:12.923 look forward. So if you flip to slide 00:01:12.923 -- 00:01:15.444 four, Becky, please. 00:01:16.559 -- 00:01:21.809 So since the IPO, ATG has consistently delivered strong financial and operational 00:01:21.809 -- 00:01:23.809 results, 00:01:24.676 -- 00:01:30.103 One of the things is that we grew during COVID, we grew post-COVID, 00:01:30.103 -- 00:01:35.069 and th...