Trading Statement

Summary by AI BETAClose X

Auction Technology Group plc anticipates its financial year 2026 revenue to be approximately $251 million, slightly exceeding market expectations, with an adjusted EBITDA margin just above 34.5%. The company expects its adjusted net debt to adjusted EBITDA ratio to be around 1.5x, reflecting healthy cash flow and capital discipline. Strategic initiatives, including strong growth from Chairish and replatforming efforts, have progressed well. For financial year 2027, the Group anticipates performance in line with current market expectations, projecting a year of robust earnings growth. The company will release its full FY26 results on November 24, 2026.

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Auction Technology Group PLC
22 October 2026
 

22 October 2026

AUCTION TECHNOLOGY GROUP PLC

FY26 PRE-CLOSE TRADING UPDATE AND NOTICE OF RESULTS

FY26 trading slightly ahead; strong performance from Chairish,

FY27 outlook in line with current market expectations

Auction Technology Group plc ("ATG", "the Company", "the Group") (LON: ATG), the operator of world-leading auction and list price marketplaces that connect millions of buyers with unique items worth finding again, today announces a trading update on its performance for the financial year ended 30 September 2026 ("the period") and outlook for the year ahead, ending 30 September 2027.

Revenue and adjusted EBITDA performance in FY26 is expected to be slightly ahead of current market expectations[1].

Revenue is expected to be c.$251m. The Group made good progress on strategic initiatives during the year, including delivering strong growth in Chairish, in addition to integration actions and delivering the expected operational synergies. Progress was also made with further enhancement of LiveAuctioneers and the Proxibid replatforming. We have also taken a number of further actions through the summer to set the business up to be able to invest for growth through 2027 into 2028.

The Group expects to deliver an adjusted EBITDA margin of just above 34.5% and within the guidance range set out at the FY25 results.

The Group expects adjusted net debt to adjusted EBITDA[2] to be c.1.5x, in line with expectations, supported by healthy free cash flow generation and continued capital discipline. As set out at the HY26 results, the Board is considering options for returning excess capital to shareholders, with further detail being provided with the FY26 results.

For FY27 the Group expects performance in line with current market expectations[3], a year of strong earnings growth.

Financial calendar

The Group will release its FY26 results on Tuesday 24 November 2026.

For further information, please contact:

ATG


For investor enquiries

Chris Dyett

 

Matthew Walker

 

chrisdyett@auctiontechnologygroup.com 

Mobile: +44 (0) 7974 974690

matthewwalker@auctiontechnologygroup.com

 

FTI Consulting

For media enquiries

Jamie Ricketts

Ed Knight

 

atg@fticonsulting.com

+44 (0)20 3727 1000

 

 

About Auction Technology Group plc

Auction Technology Group plc ("ATG") operates 10 leading marketplaces in Arts & Antiques ("A&A") and Industrial & Commercial ("I&C"), connecting millions of buyers with unique items worth finding again. ATG transforms fragmented, complex markets into structured, trusted marketplaces where buyers and sellers can transact with confidence at scale.

The Group powers its ten branded online auction and list price marketplaces using best in class proprietary technology. ATG has offices in North America, the United Kingdom, Germany and Mexico.



[1] Current company compiled analyst expectations for FY26 revenue range from US$247.8m to US$252.1m with a mid-point of US$249.9m. For FY26 adjusted EBITDA range from US$85.5m to US$86.7m with a mid-point of US$86.3m.

 

[2] Per the Senior Facilities Agreement

 

[3] Current company compiled analyst expectations for FY27 revenue range from US$258.2m to US$274.6m with a mid-point of US$262.7m. For FY27 adjusted EBITDA range from US$93.6m to US$100.8m with a mid-point of US$95.9m

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