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RNS Number : 5126P Team Internet Group PLC 20 January 2026
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FOR IMMEDIATE RELEASE
20 January 2026
Team Internet Group plc
("Team Internet" or the "Company" or the "Group")
FY25 earnings exceed consensus and progress on Strategic Review
Team Internet Group plc (AIM: TIG, OTCQX: TIGXF), the global internet company
that generates recurring revenue from creating meaningful and successful
connections: businesses to domains, brands to consumers, publishers to
advertisers, is pleased to announce a trading update for the financial year
ended 31 December 2025 (FY25).
Trading Update
Following strong momentum in the fourth quarter and despite continued
challenging market conditions, the Group now expects to report gross revenue,
net revenue and adjusted EBITDA towards the top end of the range of current
analyst forecasts(1) for FY25.
This performance is primarily driven by accelerated momentum in the Comparison
and Domains, Identity and Software ("DIS") segments, alongside determined
focus on cost discipline across all segments, reinforcing the resilience and
quality of the Group's earnings profile.
Strategic Review
Further to the Strategic Review announced on 11 November 2025, the Company
confirms that discussions in relation to a disposal of DIS are progressing
well. The Board remains confident that any transaction would deliver a
value-maximising outcome in excess of the Group's current market
capitalisation. Further updates will be provided as appropriate.
The Company expects to release a more detailed trading update, including
unaudited financials and a segmental breakdown, in due course.
CEO Comment
Michael Riedl, CEO of Team Internet Group, commented:
"2025 was an exceptionally challenging year for Team Internet. We faced a
sharp contraction in revenue and significant EBITDA pressure, reflecting both
adverse market conditions and the scale of change under way across our
industry. These realities were painful, but we confronted them head-on.
Against this backdrop, the performance in the final quarter - and the Group's
expectation to deliver earnings at the top end of market forecasts - is
particularly significant. It reflects decisive operational action, disciplined
cost control and clear evidence that the business has stabilised and begun to
regain momentum, most notably in Comparison and DIS.
The Board remains firmly focused on maximising shareholder value, whether
through continued recovery in trading, strategic portfolio actions or a
combination of both.
(1) Analyst consensus of gross revenue, net revenue and adjusted EBITDA for
the financial year ending 31 December 2025 as of 19 January 2026 are USD 465
million (analyst range of USD 371 million to USD 541 million), USD 126 million
(analyst range of USD 113 million and USD 134 million) and USD 42 million
(analyst range of USD 40 million to USD 43 million) respectively.
Enquiries
For further information, please contact:
Team Internet Group
plc
+44 (0) 203 388 0600
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
Zeus Capital Limited (NOMAD and Joint Broker)
James Edis / Dan Bate (Investment Banking)
+44 (0) 161 831 1512
Dominic King (Corporate Broking)
+44 (0) 203 829 5000
Berenberg (Joint
Broker)
+44 (0) 203 207 7800
Mark Whitmore / Richard Andrews
SEC Newgate (for
media)
+44 (0) 203 757 6880
Bob Huxford / Harry Handyside / Gwen
Samuel
teaminternet@secnewgate.co.uk
About Team Internet Group plc
Team Internet (AIM: TIG, OTCQX: TIGXF) creates meaningful and successful
connections from businesses to domains, brands to consumers, publishers to
advertisers, enabling everyone to realise their digital ambitions. The Company
is a leading global internet solutions company that operates in two highly
attractive markets: domain name management, identity and software solutions
(DIS segment) and high-growth digital advertising (Comparison and Search
segments). The DIS segment is a critical constituent of the global online
presence and productivity tool ecosystem, where the Company serves as the
primary distribution channel for a wide range of digital products. The
Company's Comparison and Search segments create privacy-safe and AI-generated
online consumer journeys that convert general interest online media users into
confident high conviction consumers through advertorial and review websites.
The Company's high-quality earnings come from subscription recurring revenues
in the DIS segment and revenue share on rolling utility-style contracts in the
Comparison and Search segments.
For more information please visit: www.teaminternet.com
(http://www.teaminternet.com)
Forward-Looking Statements
This document includes forward-looking statements. Whilst these
forward-looking statements are made in good faith, they are based upon the
information available to Team Internet at the date of this document and upon
current expectations, projections, market conditions and assumptions about
future events. These forward-looking statements are subject to risks,
uncertainties and assumptions about the Group and should be treated with an
appropriate degree of caution.
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