Team Internet Group plc (TIG) Earnings Call Transcripts
Team Internet Group plc's Latest Earnings Call - June 15, 2026
In the Q2 2026 earnings call for Team Internet Group plc, management highlighted a significant shift in focus towards the Domains, Identity & Software (DIS) and Comparison divisions, which now account for approximately 80% of EBITDA. The company reported adjusted EBITDA of $42.7 million for 2025, a decline from 2024, but anticipates a stronger performance in 2026 with a run rate of $16 million in the first five months. Management reaffirmed their confidence in the Search division's recovery, signaling a potential return to profitability in the second half of 2026, alongside a strategic review that could yield substantial value from the anticipated sale of the DIS segment.
Reported metrics
| Metric | Value |
|---|---|
| Adjusted EBITDA | $42.7 million (miss) |
| Operating Cash Flow | $66 million (beat) |
| Cash Conversion Rate | 155% (beat) |
| Net Debt Decrease | $8.8 million (beat) |
| Revenue from Search Division | null (positive) |
| Projected EBITDA Run Rate for H1 2026 | $16 million (positive) |
Guidance from management
Management expects a stronger performance in 2026, particularly in H2, with Search returning to profitability and continued growth in DIS and Comparison divisions. They reaffirmed their guidance for a higher level of EBITDA compared to 2025.
What management said
Sorry to interrupt, Michael, but while you're reviewing 1 or 2, there's one question that says, when you say you expect Search to be profitable in H2, do you mean on an EBITDA basis? And yes, yes, of course, we do. So when we say profitable, we're not just talking about generating more revenue or generating a gross profit for Search. Search needs to be and will be profitable on an EBITDA level. It's -- right now, it'...
What analysts pressed on
Analysts expressed concerns regarding the ongoing volatility in the Search division and the impact of foreign exchange fluctuations on profitability. Additionally, there were questions about the timeline and certainty of the DIS sale process.
Main topics on the call
- Transition Completion in Search Division — Management confirmed that the transition from AdSense for Domains to Related Search on Content is 'substantially complete,' with revenues from the new model already exceeding those from AdSense. They expect Search to con...
- Strong Performance in DIS and Comparison Divisions — The DIS and Comparison divisions are reported to be 'growing strongly' and are now responsible for 80% of the group's EBITDA. Management emphasized that these segments are 'unaffected by the Search transition.'
- Improved Cash Generation — Adjusted operating cash flow for 2025 was $66 million, with a cash conversion rate of 155%. Management indicated that cash generation remains strong even amid challenges, which is a positive sign for liquidity.
- Strategic Review and Potential Sale of DIS — Management is actively pursuing a sale of the DIS segment, with offers exceeding GBP 120 million. They expect to finalize discussions by Q3 2026, which could significantly enhance the company's financial position.
Read the full Team Internet Group plc transcript (June 15, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Team Internet Group plc
Team Internet Group plc (TIG) is a publicly listed company in the Media industry, within the Communication Services sector. It trades on AIM and is based in GB. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 3 calls on record spanning September 1, 2025 to July 24, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 3 Team Internet Group plc earnings call transcripts on record, spanning September 1, 2025 to July 24, 2026. Based on this history, Team Internet Group plc reports semi-annually. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- TIG
- Exchange
- AIM
- Country
- GB
- Sector
- Communication Services
- Industry
- Media
- Calls on record
- 3
- First call
- September 1, 2025
- Most recent
- July 24, 2026
- Reporting cadence
- semi-annually
| Quarter | Date | |
|---|---|---|
| Shareholder/Analyst Calls | Jul 24, 2026 | Read transcript → |
| Earnings Calls | Jun 15, 2026 | Read transcript → |
| Earnings Calls | Sep 1, 2025 | Read transcript → |