Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) CFO Billy Green talked with Proactive about the company’s performance and plans for the future at the One2One Investor Forum.
Key points included a focus on higher-margin products driving profitability despite pressures in revenue per session and pricing. Green discussed the emerging growth of the comparison segment, projected to grow from 6% to 10% of business contributions by year-end, and the robust performance of online presence, driven by demand for new domains like “.AI.” However, challenges remain, such as Shinez underperformance and adjustments to operating costs for sustained EBITDA growth.
“The search business, which drove significant growth in recent years, has slowed, while the comparison business is now emerging as a key growth engine,” Green said. He assured shareholders that Team Internet remains financially strong, with high cash reserves and a robust revolving credit facility.