Auction Technology Group reports FY25 in line with revised expectations By Investing.com
Update: 2025-10-28
Description
Auction Technology Group, a leading online auction platform, has released its financial outlook for the year ending September 30, 2025. Despite a non-cash goodwill impairment, the company expects to meet market expectations for revenue and adjusted earnings. Revenue growth accelerated in the second half of the year, with a 4% increase compared to the first half's 3.4%. Including their recent acquisition of Chairish, total revenue is projected to reach $186.3 million, a 9% jump from last year. Adjusted EBITDA is estimated at $75.8 million, slightly below analysts' predictions but still a strong result. The company is focusing on value-added services and expects to maintain market expectations for fiscal year 2026.
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