Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) CEO Michael Riedl and CFO Billy Green talked with Proactive's Stephen Gunnion about the company’s transformation strategy, financial performance, and outlook for the remainder of 2025.
Riedl said that Team Internet is now “leaner, sharper and more balanced than a year ago”, with strong fundamentals supporting long-term value creation. The company has modernised its product portfolio, entered new markets, and streamlined its cost base. Each business unit is now contributing to growth, with recent success in long-term contracts such as the ten-year .co domain contract in Colombia.
He also highlighted the international scaling of the comparison business and the successful transition of the search division to the Related Search On Content (RSOC) model, which he said has received strong interest from advertisers.
Green added that the company has maintained a clear focus on cash generation and debt reduction. He noted that net debt, which was £109.9 million at the end of June 2024, had been brought below £100 million and continues to decrease. Green stressed that despite the focus on debt, the company continues to reinvest in its platforms and maintain capital expenditure where necessary.
Riedl concluded by reaffirming confidence in the strategy, adding: “We have demonstrated that we can grow profitably in broad markets… and advertisers absolutely love [RSOC].”
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