Auction Technology Group PLC (GB:ATG)
LSE:ATG
Want to see GB:ATG full AI Analyst Report?
Top Page
Auction Technology Group PLC
(LSE:ATG)
Select Model
Select Model
Rating:52Neutral
Price Target:
406.00 p
▲(40.73% Upside)
Action:Reiterated
Date:01/06/26
The score is held back primarily by weak financial performance (losses, negative margins, and declining free cash flow growth) despite revenue growth and a stable leverage profile. Technicals provide some support with the price above key moving averages and a positive MACD, but valuation is constrained by a negative P/E and no dividend yield data.
Positive Factors
Recurring SaaS + Transaction Revenue
ATG's dual revenue model (subscription/SaaS fees plus transaction fees) creates recurring, contract-like revenue and aligns incentives with auction houses. This mix supports predictable revenue, stronger customer retention and scalable unit economics that can improve margins over multiple quarters as volume grows.
Negative Factors
Negative Profitability
Losses and a negative EBITDA margin show ATG isn't currently converting gross profit into sustainable operating profits. Persistent unprofitability erodes retained earnings, limits reinvestment capacity, and requires either material margin improvement or external financing to sustain growth beyond the near term.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring SaaS + Transaction Revenue
ATG's dual revenue model (subscription/SaaS fees plus transaction fees) creates recurring, contract-like revenue and aligns incentives with auction houses. This mix supports predictable revenue, stronger customer retention and scalable unit economics that can improve margins over multiple quarters as volume grows.
Read all positive factors
Auction Technology Group PLC (ATG) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£487.02M
Dividend YieldN/A
Average Volume (3M)528.84K
Price to Earnings (P/E)―
Beta (1Y)0.95
Revenue Growth22.20%
EPS Growth-684.42%
CountryUK
Employees370
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)-0.92
Shares Outstanding121,108,420
10 Day Avg. Volume257,597
30 Day Avg. Volume528,837
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.01
Price to Sales (P/S)2.07
P/FCF Ratio10.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£637.50Price Target Upside120.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.4
Revenue Forecast (FY)£247.56M
Auction Technology Group PLC Business Overview & Revenue Model
Company Description
Auction Technology Group PLC (ATG) is a leading online auction platform headquartered in the UK, specializing in the technology and services that support the auction industry. The company operates in the sectors of art, antiques, collectibles, and...
How the Company Makes Money
ATG primarily makes money by charging auctioneers for access to and use of its online auction marketplaces and software. Key revenue streams typically include (1) subscription and SaaS fees paid by auction houses for listings, storefront/marketpla...
Auction Technology Group PLC Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 225.69M | 190.15M | 130.25M | 135.22M | 119.85M | 70.08M |
| Gross Profit | 123.42M | 86.47M | 87.68M | 91.74M | 79.75M | 45.54M |
| EBITDA | 63.73M | 53.86M | 46.43M | 49.85M | 49.00M | 10.80M |
| Net Income | -113.42M | -110.75M | 18.09M | 16.94M | -6.13M | -27.36M |
Balance Sheet | ||||||
| Total Assets | 761.26M | 577.46M | 646.36M | 726.04M | 806.96M | 619.05M |
| Cash, Cash Equivalents and Short-Term Investments | 16.30M | 9.78M | 5.10M | 8.54M | 51.82M | 397.45M |
| Total Debt | 172.09M | 189.70M | 93.35M | 125.08M | 182.69M | 150.47M |
| Total Liabilities | 232.49M | 250.77M | 132.42M | 196.08M | 267.63M | 179.60M |
| Stockholders Equity | 528.77M | 391.19M | 513.94M | 529.96M | 539.32M | 439.45M |
Cash Flow | ||||||
| Free Cash Flow | 49.21M | 39.31M | 35.14M | 40.23M | 34.95M | 7.67M |
| Operating Cash Flow | 49.71M | 39.54M | 43.51M | 49.56M | 39.43M | 9.78M |
| Investing Cash Flow | -71.74M | -73.55M | -8.08M | -34.08M | -384.19M | -27.29M |
| Financing Cash Flow | 26.56M | 38.65M | -38.21M | -59.17M | -9.96M | 396.10M |
Auction Technology Group PLC Technical Analysis
Positive
288.50
Price Trends
347.07
Positive
329.30
Positive
319.89
Positive
Market Momentum
14.18
Negative
70.94
Negative
83.69
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ATG, the sentiment is Positive. The current price of 288.5 is below the 20-day moving average (MA) of 364.60, below the 50-day MA of 347.07, and below the 200-day MA of 319.89, indicating a bullish trend. The MACD of 14.18 indicates Negative momentum. The RSI at 70.94 is Negative, neither overbought nor oversold. The STOCH value of 83.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ATG.
Auction Technology Group PLC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | £528.78M | 71.10 | 1.53% | 1.73% | -0.18% | 11.49% | |
68 Neutral | £126.10M | 152.71 | 0.31% | ― | -1.56% | -98.71% | |
67 Neutral | £146.77M | 11.95 | 8.80% | 1.68% | 3.82% | -18.43% | |
66 Neutral | £86.00M | 4.25 | 5.57% | ― | -1.34% | 27.45% | |
64 Neutral | £918.58M | 41.10 | 64.11% | ― | 20.07% | 30.00% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
52 Neutral | £487.02M | -257.69 | -18.96% | ― | 22.20% | -684.42% |
* Technology Sector Average
GB:ATG
Auction Technology Group PLC
404.40
-53.10
-11.61%
GB:ACSO
accesso Technology
267.00
-223.00
-45.51%
GB:DOTD
Dotdigital
49.05
-31.26
-38.93%
GB:EYE
Eagle Eye Solutions
417.50
37.50
9.87%
GB:GBG
GB Group plc
233.00
-30.68
-11.63%
GB:TRST
Trustpilot Group Plc
235.60
5.20
2.26%
Auction Technology Group PLC Corporate Events
Business Operations and StrategyFinancial Disclosures
Auction Technology Group lifts guidance after strong first half and deleveraging
Positive
May 14, 2026
Auction Technology Group reported a strong first half for the six months to 31 March 2026, with pro forma revenue up 7.9% to $126.1m and adjusted EBITDA up 9.9% to $42.7m, driven by 12.5% growth in its Arts Antiques segment and higher take‑...
Business Operations and StrategyExecutive/Board Changes
Auction Technology Group installs new chief executive as planned leadership shift completes
Neutral
May 6, 2026
Auction Technology Group plc, a specialist in online auction and list price marketplaces for arts, antiques and industrial assets, runs ten technology-driven platforms that connect millions of buyers with secondary items worldwide. The group proce...
Business Operations and StrategyExecutive/Board Changes
Auction Technology Group Names Duncan Painter as New CEO to Accelerate Growth
Positive
May 5, 2026
Auction Technology Group has appointed Duncan Painter as chief executive officer with immediate effect, bringing extensive experience in digital marketplaces, ecommerce and public company leadership from his previous roles at Omnicom Commerce and ...
Executive/Board Changes
ATG CEO John-Paul Savant to Join Trustpilot Board as Non-Executive Director
Positive
Apr 21, 2026
Auction Technology Group plc said its chief executive, John-Paul Savant, has been appointed a non-executive director of Trustpilot Group plc, effective after Trustpilot’s annual general meeting on 19 May 2026. The move broadens Savant’...
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
Auction Technology Group Posts Strong H1 Growth and Confirms FY26 Guidance
Positive
Apr 20, 2026
Auction Technology Group reported positive trading for the first half to 31 March 2026, with expected revenue of about $125m and pro forma constant-currency growth close to 8%, driven by strong performance in Arts Antiques and continued GMV expan...
Business Operations and StrategyExecutive/Board Changes
Auction Technology Group CEO John-Paul Savant to Step Down After Decade of Growth
Neutral
Apr 20, 2026
Auction Technology Group plc, a global operator of digital marketplaces for secondary arts, antiques, and industrial and commercial goods, leverages proprietary technology to power ten branded platforms that handle more than 26 million unique item...
Business Operations and StrategyRegulatory Filings and Compliance
Auction Technology Group Confirms Capital Reduction and Updated Share Capital
Positive
Mar 17, 2026
Auction Technology Group plc has confirmed that its previously announced reduction of capital, achieved via the cancellation of its share premium account, has now become effective following court approval and registration at Companies House. The c...
Business Operations and StrategyShareholder Meetings
Auction Technology Group Wins Court Approval for Share Premium Cancellation
Positive
Mar 4, 2026
Auction Technology Group plc has secured High Court approval for the cancellation of its share premium account, a capital reduction that was previously endorsed by shareholders at the January 2026 annual general meeting. The reduction will become ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.