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Auction Technology Group PLC (GB:ATG)
LSE:ATG

Auction Technology Group PLC (ATG) AI Stock Analysis

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Auction Technology Group PLC

(LSE:ATG)

66Neutral
Auction Technology Group PLC demonstrates strong profitability with robust margins, though some challenges in growth and cash flow management persist. While the technical indicators suggest bearish momentum, recent corporate actions like the share buyback and refinancing signal confidence in the business strategy. The high P/E ratio indicates an expensive valuation, but the strategic management of capital and financial stability provides a balanced outlook.

Auction Technology Group PLC (ATG) vs. S&P 500 (SPY)

Auction Technology Group PLC Business Overview & Revenue Model

Company DescriptionAuction Technology Group PLC (ATG) is a leading technology provider specialized in building digital platforms for auction marketplaces. The company operates across various sectors such as arts, antiques, industrial, and automotive, offering robust online auction solutions to facilitate transactions between sellers and bidders. Through its advanced technology infrastructure, ATG enables auction houses to increase their reach, efficiency, and overall business performance.
How the Company Makes MoneyAuction Technology Group PLC generates revenue primarily through subscription fees and transaction-based fees charged to auction houses utilizing its digital platforms. Key revenue streams include listing fees, success fees on completed transactions, and premium subscription packages offering enhanced features and analytics. Additionally, ATG benefits from advertising revenues by allowing relevant third-party advertisements on its platforms. The company's revenue model is further supported by strategic partnerships with auction houses and industry stakeholders, enabling it to expand its market presence and service offerings.

Auction Technology Group PLC Financial Statement Overview

Summary
Auction Technology Group PLC shows strong profitability with robust margins, although growth has slightly tapered. The balance sheet indicates a stable financial structure but highlights areas for improvement in equity and debt management. Cash flow generation is positive, though with some recent declines, suggesting a need for careful cash management. Overall, the company is financially sound with room for enhancement in growth and cash flow stability.
Income Statement
75
Positive
The company exhibits a solid gross profit margin, maintaining a high level of profitability typical in the software industry. However, there is a slight decline in revenue and net income compared to the previous year, indicating some challenges in maintaining growth momentum. The EBIT and EBITDA margins are healthy, suggesting strong operational efficiency.
Balance Sheet
68
Positive
The balance sheet shows a reasonable debt-to-equity ratio, indicating a balanced leverage. However, there has been a decrease in stockholders' equity over the past year. The equity ratio remains strong, suggesting a stable asset base. The company's financial stability is adequate but could be improved with a stronger equity position.
Cash Flow
72
Positive
The cash flow statement reflects positive operating cash flow, demonstrating efficient cash generation from operations. However, a decrease in free cash flow and operating cash flow compared to the previous year suggests potential challenges in cash flow management. The cash flow to net income ratios indicate a strong conversion of income into cash.
Breakdown
TTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
169.70M130.14M135.22M119.85M70.08M52.31M
Gross Profit
112.15M87.60M91.74M79.75M45.54M30.38M
EBIT
29.46M24.23M22.64M16.82M-14.31M-10.72M
EBITDA
60.48M53.60M49.85M49.00M10.80M5.59M
Net Income Common Stockholders
12.65M18.08M16.94M-6.13M-29.63M-13.38M
Balance SheetCash, Cash Equivalents and Short-Term Investments
44.70M5.10M8.54M49.42M171.27M64.73M
Total Assets
273.29M646.36M726.04M806.96M619.05M274.33M
Total Debt
39.46M93.35M125.08M182.69M150.47M39.96M
Net Debt
-5.24M88.25M116.55M133.27M-20.80M-24.77M
Total Liabilities
67.67M132.42M196.08M267.63M179.60M62.56M
Stockholders Equity
205.62M513.94M529.96M539.32M439.45M211.77M
Cash FlowFree Cash Flow
47.68M35.14M40.23M34.95M7.67M7.06M
Operating Cash Flow
53.12M43.51M49.56M39.43M9.78M8.89M
Investing Cash Flow
-13.79M―-34.08M-384.19M-27.29M-121.54M
Financing Cash Flow
-46.21M―-59.17M-9.96M396.10M119.18M

Auction Technology Group PLC Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price560.00
Price Trends
50DMA
577.28
Negative
100DMA
537.19
Positive
200DMA
500.73
Positive
Market Momentum
MACD
-4.83
Positive
RSI
38.33
Neutral
STOCH
15.87
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ATG, the sentiment is Neutral. The current price of 560 is below the 20-day moving average (MA) of 575.80, below the 50-day MA of 577.28, and above the 200-day MA of 500.73, indicating a neutral trend. The MACD of -4.83 indicates Positive momentum. The RSI at 38.33 is Neutral, neither overbought nor oversold. The STOCH value of 15.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:ATG.

Auction Technology Group PLC Peers Comparison

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
£6.67B25.1050.14%1.27%11.68%21.35%
GBATG
66
Neutral
£684.42M35.903.64%―1.61%11.43%
63
Neutral
£885.01M12.637.06%0.41%-0.09%-29.06%
58
Neutral
$21.35B10.05-19.26%2.35%5.02%-22.63%
48
Neutral
£171.16M―-72.14%―15.70%-119.71%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ATG
Auction Technology Group PLC
560.00
-44.00
-7.28%
GB:FUTR
Future plc
843.50
253.21
42.90%
GB:SAGA
Saga plc
119.40
2.60
2.23%
GB:AUTO
Auto Trader
757.00
17.34
2.34%

Auction Technology Group PLC Corporate Events

Stock BuybackBusiness Operations and Strategy
Auction Technology Group PLC Executes Share Buyback
Neutral
Mar 12, 2025

Auction Technology Group PLC announced the repurchase of 50,000 of its ordinary shares at an average price of 562.2303p per share, as part of its buyback program. This transaction increases the company’s treasury shares to 300,000, potentially impacting shareholder voting rights and reflecting a strategic move to manage its share capital effectively.

Business Operations and Strategy
FitzWalter Capital Expands Stake in Auction Technology Group
Neutral
Mar 11, 2025

Auction Technology Group PLC announced a change in major holdings, with FitzWalter Capital Limited increasing its voting rights to 16.04% from a previous 15.15%. This acquisition of voting rights signifies a strengthened position for FitzWalter Capital within the company, potentially influencing future strategic decisions and impacting stakeholders involved in the company’s governance.

Stock Buyback
Auction Technology Group PLC Executes Share Buyback
Neutral
Mar 11, 2025

Auction Technology Group PLC has repurchased 50,000 of its ordinary shares at an average price of 570.0994 pence per share, as part of its share buyback program. This transaction increases the company’s treasury shares to 250,000 and leaves 122,242,456 shares in issue, impacting shareholder voting rights and potentially influencing market perceptions of the company’s financial health and confidence.

Stock BuybackBusiness Operations and Strategy
Auction Technology Group PLC Expands Share Buyback Program
Positive
Mar 10, 2025

Auction Technology Group PLC announced the repurchase of 50,000 of its ordinary shares at an average price of 567.0072 pence per share, as part of its ongoing buyback program. This transaction increases the company’s treasury shares to 200,000, while the total number of voting rights remains at 122,292,456. The buyback is a strategic move to manage the company’s capital structure and potentially enhance shareholder value.

Stock Buyback
Auction Technology Group PLC Announces Share Buyback
Neutral
Mar 6, 2025

Auction Technology Group PLC has announced the repurchase of 50,000 of its ordinary shares at an average price of 574.2264 pence per share, as part of its ongoing buyback program. This transaction increases the company’s treasury shares to 100,000 and leaves 122,391,789 shares in issue, which could impact shareholder voting rights and market perception of the company’s financial strategies.

Business Operations and Strategy
BlackRock Increases Stake in Auction Technology Group PLC
Neutral
Mar 5, 2025

Auction Technology Group PLC has announced a change in its shareholder structure, with BlackRock, Inc. acquiring a significant stake that crosses the 5% threshold of voting rights. This acquisition indicates BlackRock’s increased influence within the company, potentially impacting its strategic direction and market positioning.

Stock BuybackBusiness Operations and Strategy
Auction Technology Group PLC Executes Share Buyback
Positive
Mar 5, 2025

Auction Technology Group PLC has announced the repurchase of 50,000 of its own ordinary shares at an average price of 571.1760p per share, as part of its buyback program. This transaction, executed through Deutsche Numis, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

Stock BuybackBusiness Operations and Strategy
Auction Technology Group Launches $40 Million Share Repurchase Programme
Positive
Mar 4, 2025

Auction Technology Group plc announced a share repurchase programme of up to $40 million, to be executed in two tranches by January 2026. The initiative is part of the company’s capital allocation policy to enhance business growth and return excess capital to shareholders, reflecting a strategic move to strengthen its market position.

Regulatory Filings and Compliance
Auction Technology Group PLC Announces Total Voting Rights
Neutral
Mar 3, 2025

Auction Technology Group PLC has announced its total voting rights as of February 28, 2025, with a share capital consisting of 122,491,789 ordinary shares. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules.

Executive/Board ChangesBusiness Operations and Strategy
Auction Technology Group CFO Exercises Share Options
Neutral
Feb 28, 2025

Auction Technology Group PLC announced that its Chief Financial Officer, Tom Hargreaves, exercised nil-cost options under the company’s Long Term Incentive Plan and Deferred Share Bonus Plan, resulting in the acquisition of ordinary shares. Following this transaction, some shares were sold to cover tax liabilities, with the remaining shares to be held for a minimum of two years, reflecting a strategic move in managing executive compensation and aligning with shareholder interests.

Executive/Board ChangesBusiness Operations and Strategy
Auction Technology Group Confirms CFO Transition Timeline
Neutral
Feb 28, 2025

Auction Technology Group plc has announced the confirmed exit date of its current CFO, Tom Hargreaves, as 28 February 2025, with Sarah Highfield set to join the board as the new CFO by 1 June 2025. In the interim, Claire Catling, the Group’s Director of Finance, will manage the finance function, ensuring continuity in collaboration with CEO John-Paul Savant, which reflects the company’s strategic planning and stability during this transition period.

M&A TransactionsBusiness Operations and Strategy
Auction Technology Group PLC Announces Voting Rights Acquisition and Reorganization
Neutral
Feb 28, 2025

Auction Technology Group PLC has announced an acquisition of voting rights and an internal reorganization involving FitzWalter Capital Limited. The reorganization resulted in the transfer of shares from FW Securities Limited to FW Securities II Limited, increasing FitzWalter Capital’s voting rights in the company to 15.145986%. This move could potentially strengthen FitzWalter Capital’s influence within the company, impacting its strategic direction and stakeholder interests.

Private Placements and FinancingBusiness Operations and Strategy
Auction Technology Group Secures $200 Million Refinancing
Positive
Feb 17, 2025

Auction Technology Group plc announced the successful refinancing of its Senior Term and Revolving Credit Facilities, securing a new $200 million Revolving Credit Facility with a syndicate of five leading banks. This refinancing enhances the company’s financial flexibility, extends debt maturity, and reduces borrowing costs, reflecting lender confidence in ATG’s business and strategic initiatives.

Business Operations and Strategy
FitzWalter Capital Boosts Stake in Auction Technology Group
Neutral
Feb 13, 2025

FitzWalter Capital Limited has increased its stake in Auction Technology Group PLC, crossing the threshold of 14.17% of voting rights as of February 11, 2025. This acquisition marks a significant increase from their previous holding of 13.09%, potentially impacting the company’s governance and strategic decisions.

Regulatory Filings and Compliance
Auction Technology Group PLC Announces Total Voting Rights Update
Neutral
Feb 3, 2025

Auction Technology Group PLC has announced that its total share capital consists of 122,379,438 ordinary shares as of 31 January 2025. This update is significant for shareholders as it determines the voting rights calculation necessary for compliance with the FCA’s Disclosure Guidance and Transparency Rules, impacting how stakeholders manage their interest notifications.

Regulatory Filings and Compliance
Auction Technology Group Updates Share Capital and Voting Rights
Neutral
Feb 3, 2025

Auction Technology Group PLC has announced that its total share capital consists of 122,379,438 ordinary shares, with no shares held in treasury. This update is crucial for shareholders as it informs them of the total number of voting rights, which is vital for compliance with the FCA’s Disclosure Guidance and Transparency Rules.

Executive/Board ChangesBusiness Operations and Strategy
Auction Technology Group Appoints Sejal Amin to Board
Neutral
Feb 3, 2025

Auction Technology Group has appointed Sejal Amin as an independent non-executive director effective February 3, 2025. Sejal, with extensive experience in global technology organizations, will join the Nomination and Remuneration Committees, enhancing the board’s strategic capabilities. This move is part of ATG’s ongoing strategy to strengthen its technological and market positioning. Andrew Miller will continue on the Audit and Nomination Committees but will step down from the Remuneration Committee.

Shareholder MeetingsBusiness Operations and Strategy
Auction Technology Group PLC AGM Resolutions Passed
Positive
Jan 30, 2025

Auction Technology Group PLC announced the results of its Annual General Meeting, where all resolutions were passed with significant shareholder support. Key resolutions included the re-election of directors and the approval of the Directors’ Remuneration Report and Policy, demonstrating strong shareholder confidence in the company’s leadership and strategic direction. The approval of resolutions related to share authorization and market purchases further positions the company for potential growth and flexibility in capital management.

Business Operations and StrategyFinancial Disclosures
Auction Technology Group Maintains Positive FY25 Outlook
Positive
Jan 30, 2025

Auction Technology Group PLC announced consistent trading results with its FY25 outlook, maintaining a forecasted revenue growth of 4-6% and an Adjusted EBITDA margin between 45% and 46%. The company will release its interim results on 15 May 2025, highlighting its stable financial performance and strategic position in the online auction marketplaces.

Business Operations and StrategyRegulatory Filings and Compliance
Liontrust Adjusts Voting Rights in Auction Technology Group
Neutral
Jan 23, 2025

Auction Technology Group PLC has announced a significant change in its shareholder structure as Liontrust Investment Partners LLP has adjusted its voting rights in the company. This move, detailed in a standard notification of major holdings, indicates that Liontrust now holds a total of 6.776% voting rights in the organization. Such changes in voting rights could influence the company’s governance and decision-making process, potentially impacting its strategic direction and affecting stakeholders.

Auction Technology Group Appoints New CFO to Drive Growth
Jan 2, 2025

Auction Technology Group plc has announced the appointment of Sarah Highfield as the new Chief Financial Officer, succeeding Tom Hargreaves who is transitioning to a private equity-backed company. With extensive experience in financial leadership roles at companies such as Elvie, Costa Coffee, Tesco, and Away Resorts, Ltd., Sarah’s appointment is anticipated to play a significant role in driving ATG’s growth and transforming the industry. This strategic leadership change is expected to enhance ATG’s operational efficiency and market positioning.

Auction Technology Group Updates Total Voting Rights for Shareholders
Jan 2, 2025

Auction Technology Group PLC announced the total number of its voting rights, which stands at 122,332,662 ordinary shares as of the end of December 2024. This information is crucial for shareholders to calculate their interests in compliance with the FCA’s Disclosure Guidance and Transparency Rules, impacting transparency and stakeholder engagement with the company.

Auction Technology Group Appoints New Chief Financial Officer
Jan 2, 2025

Auction Technology Group plc has appointed Sarah Highfield as the new Chief Financial Officer, succeeding Tom Hargreaves, whose transition to a new role was previously announced. Sarah brings over fifteen years of financial leadership experience from companies like Elvie, Costa Coffee, and Tesco, and will contribute to ATG’s next growth phase and industry transformation. The exact dates for Tom’s departure and Sarah’s start are yet to be confirmed.

Director Resignation at Auction Technology Group
Dec 20, 2024

Auction Technology Group plc announced the immediate resignation of Morgan Seigler as a Director, following a prior announcement on December 12, 2024. The company expressed gratitude for Seigler’s contributions. This change is part of the company’s ongoing compliance with UK Listing Rule 6.4.6R. The resignation may impact the company’s governance structure and strategic direction, though specific implications for stakeholders were not detailed.

Auction Technology Group Grants Share Awards to Executives
Dec 20, 2024

Auction Technology Group PLC announced the granting of share awards to key executives under its long-term incentive plan. CEO John-Paul Savant received a nil-cost option award subject to performance conditions, while Jeremy Stewart, President of North America, received a conditional share award. These awards align with the company’s strategic goals and aim to motivate leadership towards achieving long-term performance targets.

TA Associates Sells Stake in Auction Technology Group
Dec 16, 2024

TA Associates Management, L.P., a US-based private equity firm, has significantly reduced its voting rights in Auction Technology Group PLC from 12.593284% to 0.000000%. This change in holdings, notified on December 16, 2024, may impact the company’s shareholder structure and influence its strategic decisions moving forward.

FitzWalter Capital Increases Stake in Auction Technology Group PLC
Dec 13, 2024

Auction Technology Group PLC, a UK-based company, announced a change in their major holdings due to an acquisition or disposal of voting rights by FitzWalter Capital Limited. This transaction, which crossed the threshold on December 12, 2024, resulted in FitzWalter Capital holding 13.097750% of the voting rights, indicating a significant stake in the company and potentially impacting its governance and strategic decisions.

Auction Technology Group Publishes 2024 Annual Report and Announces AGM
Dec 13, 2024

Auction Technology Group plc has published its 2024 Annual Report and announced the 2025 Annual General Meeting, scheduled for January 30, 2025. The announcement includes the resignation of Morgan Seigler from the Board following TA Associates’ sale of its shares. The company is facilitating shareholder participation through electronic access and webcast options, indicating a focus on transparency and engagement.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.