Auction Technology Group plc (ATG) Q4 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Auction Technology Group Plc.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:06.420 First off, good morning and welcome to the 2025 full year results presentation for ATG. 00:00:06.420 -- 00:00:10.065 I'll start off by taking you through our results highlights and then hand over to Sarah 00:00:10.065 -- 00:00:12.769 to detail our financial performance. 00:00:12.769 -- 00:00:16.732 Then I'll be taking you through our strategic update. 00:00:16.975 -- 00:00:21.181 First slide that we're going to move to is how ATG creates value. 00:00:21.181 -- 00:00:25.006 So before I get to the highlights, I'm just going to explain for those of you less familiar 00:00:25.006 -- 00:00:30.050 with the company, how ATG creates value. ATG creates ATG 00:00:30.050 -- 00:00:34.696 Next 16,000 professional sellers of unique and valuable items with buyers from around 00:00:34.696 -- 00:00:40.163 the world. We operate across two sectors, art and antiques and industrial commercial, 00:00:40.163 -- 00:00:44.826 facilitating the sale of goods worth over $12 billion annually. 00:00:45.209 -- 00:00:49.895 In these sectors, we operate 10 curated online marketplaces using our proprietary tools 00:00:49.895 -- 00:00:54.993 and technology. Collectively, we list over 26 million items annually. 00:00:54.993 -- 00:01:00.482 In fiscal year 25, we hosted over 99,000 auctions and generated 85 00:01:00.482 -- 00:01:05.832 million bids. Our newly acquired Cherish business now adds an additional 1.3 00:01:05.832 -- 00:01:09.935 million items available on a buy it now basis. 00:01:10.359 -- 00:01:14.687 The scale of our curated inventory combined with the scale of our buyer reach creates 00:01:14.687 -- 00:01:18.635 a symbiotic cycle, often referred to as the network effect. 00:01:18.635 -- 00:01:23.059 whereby the inventory attracts more buyers, which in tu...