Full Year 2024 Auction Technology Group PLC Earnings Call Transcript

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16 hours ago

Nov 27, 2024 / 09:30AM GMT
John-Paul Savant - Auction Technology Group PLC - Chief Executive Officer, Executive Director

So welcome and thank you for your interest in ATG's 2024 full year results. The key theme I think that we'll hopefully communicate to you over the course of it is that the headline year over year numbers don't fully tell the story of the progress that I think we've made in fiscal year '24. And Becky, if you don't mind going to slide 4.

So as a reminder and for those of you who are new, ATG creates value by connecting bidders from 170 countries around the world with 4,000 auction houses and we facilitate the sale of over $13 billion per year of curated used items. And so online marketplaces ultimately create value by aggregating supply and demand and making it easier for people to buy and sell through that forum.

And I think when you look at what ATG is achieved in fiscal year '24, we've made strong progress in doing both of those things. And the overall story is that the result has been an improvement in our competitive position. Critically, that's been reflected in both

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