UK's Team Internet Group FY25 revenue falls 40% amid search segment transition

Team Internet

16/03/2026 07:17

Overview

UK internet solutions provider's FY25 revenue fell 40% yr/yr amid Search segment transition

Adjusted EBITDA for FY25 dropped 54% yr/yr

Company improved gross margin and reduced net debt during FY25

Outlook

Team Internet says FY26 trading remains in line with market expectations

Company expects continued operational recovery and disciplined capital allocation in FY26

Company says discussions on DIS segment disposal are progressing, with further updates to follow

Result Drivers

SEARCH SEGMENT TRANSITION - Co said revenue decline was mainly due to shift from legacy monetisation channels to next-generation solutions in Search segment

DIS VALUE-ADDED SERVICES - Co said higher average revenue per domain and increased uptake of value-added services in DIS segment supported segment performance

COMPARISON SEGMENT MIX - Co said Comparison segment saw fewer visitor sessions but higher revenue per impression and increased international contribution

Company press release: ID:nRSP7522Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted EBITDA
$42.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the online services peer group is "buy"

Wall Street's median 12-month price target for Team Internet Group PLC is GBp80.00, about 102.5% above its March 13 closing price of GBp39.50

The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 2 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)