CentralNic (GB:TIG) has released an update.
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Team Internet Group PLC has reported positive financial growth in the first half of 2024, with a 7% increase in net revenue, a 13% increase in operating profit, and an 8% rise in profit before tax. The company, which focuses on creating recurring revenue through connections in digital advertising and domain management, has also seen a 9% organic gross revenue growth. Despite higher net debt due to strategic acquisitions and investments, Team Internet remains confident in meeting full-year market expectations.
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