Full Year 2023 Auction Technology Group PLC Earnings Call Transcript

Nov 30, 2023 / 09:30AM GMT
John-Paul Savant - Auction Technology Group PLC - CEO

Welcome to ATG's 2023 full-year annual results. For fiscal-year '23, we are pleased to say that we delivered solid numbers despite the macroeconomic backdrop, and we're pleased with the progress we had against all six of our strategic growth levers. In so doing, ATG is continuing to increase and improve the standard of buying online adoption, which is, as you know, a key part of what we're focused on. And what we've seen is that the more we do, the more our customers trust us. This year, we saw the fruits of some of our labors coming out, especially in the value-added services domain, and we'll talk a little bit more about that. We have other areas where we are investing or have been investing, and we're going to see that coming in the future.

While the macro backdrop definitely impacted our numbers in the second half, what's equally important to note is that we are in a position to invest and take control of that macro and de-risk the macro as we look forward. So if you flip to slide 4, Becky, please. So since the IPO, ATG has

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