Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Team Internet Group ( (GB:TIG) ) has shared an update.
Team Internet Group announced a delay in the publication of its audited annual report for 2024, now expected by the end of the month, to allow PricewaterhouseCoopers LLP to complete its audit. Despite a decrease in gross and net revenue, the company maintained robust margins and achieved record operating cash flow, demonstrating resilience in a shifting digital landscape. The Group is focusing on high-quality revenue streams, AI-driven efficiencies, and strategic cost discipline to build a leaner, more resilient business. The company’s strategic transformation in 2024, particularly in its Domains, Identity & Software and Comparison segments, sets the stage for further expansion in 2025.
More about Team Internet Group
Team Internet Group plc is a leading global internet solutions company that operates in domain name management, identity and software solutions, and high-growth digital advertising. The company focuses on creating meaningful connections between businesses, domains, brands, consumers, publishers, and advertisers. It generates high-quality earnings through subscription recurring revenues and revenue-sharing contracts.
YTD Price Performance: -28.16%
Average Trading Volume: 811,662
Technical Sentiment Signal: Buy
Current Market Cap: £163.5M
Find detailed analytics on TIG stock on TipRanks’ Stock Analysis page.