Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF, FRA:4CN) said earnings for last year would come in at the top end of expectations after a stronger-than-anticipated finish, as the board presses on with talks to sell a key part of the business.
The AIM-listed group said that gross revenue, net revenue, and adjusted EBITDA grew more strongly than anticipated, despite what it described as still difficult market conditions.
The late improvement was driven by better trading in its Comparison business and in Domains, Identity and Software, known as DIS, alongside tight control of costs across the group.
Adjusted EBITDA is a commonly used measure of operating profit that strips out interest, tax and other non-cash items to give a clearer view of day-to-day performance.
The update also offered encouragement on the company’s strategic review, announced in November.
Team Internet said discussions over a possible disposal of the DIS division were progressing well, and that the board remained confident any deal would be value-enhancing and exceed the group’s current market capitalisation.
Investors have been watching the review closely after a tough year for the business.
Michael Riedl, the chief executive, said 2025 had been “exceptionally challenging”, marked by a sharp fall in revenue and pressure on profits as the wider digital advertising and online services market weakened.
“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,” he said.
“It reflects decisive operational action, disciplined cost control and clear evidence that the business has stabilised and begun to regain momentum.”
The company said it would publish a fuller trading update, including unaudited figures and a breakdown by division, later in the year.