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Auction Technology Group Reports Strong Revenue Growth

Auction Technology Group Reports Strong Revenue Growth

Auction Technology Group PLC (GB:ATG) has released an update.

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Auction Technology Group PLC has reported a 5% increase in revenue to $174.2 million for the fiscal year ending September 2024, driven by growth in auction services. The company achieved a 17% rise in operating profit, bolstered by higher EBITDA and reduced costs. With strong cash flow and strategic initiatives, ATG is poised for continued growth in the online auction marketplace.

For further insights into GB:ATG stock, check out TipRanks’ Stock Analysis page.

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