Full Year 2022 Auction Technology Group PLC Earnings Call Transcript

Dec 01, 2022 / 09:30AM GMT
John-Paul Savant - Auction Technology Group plc - CEO & Director

Welcome, and thank you for joining us on ATG's Second Annual Earnings Call. We're really excited to share with you ATG's results for fiscal year '22. And in short, we had a great year. We met expectations despite the macroeconomic backdrop and we maintained our margins while increasing investment in the business, both in technology and people. We diversified our business as well with new revenue streams. And in short, we believe that we exited the year in a much stronger position than we exited the last year. So with that, we believe we will also have a very solid fiscal year '23.

So if you go to the next slide, as a reminder for people who maybe knew, what does ATG do. At the most basic level, we connect auction houses from around the world with bidders from around the world. And in so doing, we are unlocking the value of the curated secondary goods market. What do we do for auction houses? We make small companies big and big companies more effective. And for bidders, we connect them to fantastic, unique and

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