Auction Technology Group (ATG) Q3 2026 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2026 TU earnings summary
23 Jul, 2026Executive summary
Q3 group revenue grew 7.8% year-over-year on a pro forma constant currency basis, with positive trading across the period.
Arts & Antiques segment delivered strong growth, notably from LiveAuctioneers and Chairish marketplaces.
Integration of Chairish is progressing well, with $8m operational synergies expected by FY27.
Financial highlights
Q3 pro forma constant currency revenue growth was 7.8%; actual rates growth was 7.7%.
Adjusted net debt to adjusted EBITDA reduced to 1.7x at June end, down from 2.2x at FY25 close.
Cash generation remained healthy, supporting leverage reduction.
Outlook and guidance
FY26 revenue growth guidance raised to 5.5-6.5% (pro forma constant currency), up from 5.0-6.0%.
Adjusted EBITDA margin guidance unchanged at 34.5-35.5%, with expectations at the lower end due to mix shift.
Group leverage targeted at around 1.5x by FY26 year-end.
Latest events from Auction Technology Group
- Revenue up 41.7%, EBITDA margin 33.9%, leverage down to 1.8%, and guidance upgraded.ATG
H1 2026 - H1 revenue up nearly 8% pro forma, FY26 guidance confirmed, CEO transition announced.ATG
Q2 2026 TU - Q1 revenue up 7.2%, FY26 guidance confirmed, and takeover offer rejected.ATG
Trading Update - Revenue up 9.2% to $190.2m, with strong value-added services and robust cash flow.ATG
H2 2025 - FY25 results meet revised targets; FY26 outlook strong, with leverage set to decrease.ATG
Q4 2025 TU - $85M acquisition expands supply, reach, and synergies, driving growth and profitability.ATG
M&A Announcement - $85M deal expands supply and reach, targeting $8M synergies and double-digit growth by FY27.ATG
M&A Announcement - Strong value-added services and improved take rates drive resilient results and positive outlook.ATG
H2 2024 - Revenue and EBITDA rose, with guidance reaffirmed and strong execution on strategic initiatives.ATG
H1 2025