
Team Internet kicks off strategic review to unlock full value
âĒBy ADMIN
Related Stocks:TISI
Londonâlisted internet company Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) has initiated a strategic review aimed at realising the âfull valueâ of its business portfolio amid interest from potential buyers and partners. The company is considering divestments or partnerships across several of its operations but stressed it is not pursuing a sale of the entire group.
The firm said its Domains, Identity & Software (DIS) division is the furthest developed in discussions â it has appointed a topâtier financial adviser to evaluate options, including a possible sale.
CEO Michael Riedl described the review as the âlogical next step,â pointing out that each of the companyâs businesses sits in structurally attractive markets and that the combined value is significantly more than the groupâs current market valuation.
The review comes as the companyâs Search segment faces disruption following recent changes in Google LLCâs advertising ecosystem, including the end of AdSense for Domains and new policies that have decelerated the rollout of Related Search on Content (RSOC). Nonetheless, Team Internet noted RSOC revenue has surged more than 200% since H1.
For fullâyear 2025, the group expects adjusted EBITDA of USâŊ$40â45âŊmillion, down from USâŊ$92âŊmillion in 2024. The DIS unit is forecast to contribute around USâŊ$21â22âŊmillion, the Comparison segment USâŊ$11â13âŊmillion, and Search USâŊ$8â10âŊmillion. From 2026 onwards, Team Internet anticipates returning to doubleâdigit earnings growth thanks to a recovery in Comparison, ongoing strength in DIS and new Search opportunities.
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