Team Internet strong growth continues with 15% revenue increase

AIM-listed fast-growing acquisitive internet domain name and web services provider, CentralNic rebranded as Team Internet Group Plc last September taking on the moniker of a company that it acquired back in 2019. CEO Michael Riedl has been in charge since late 2022 and has kept the business growing aggressively (CentralNic up 18% in H1).

Annual results out this morning confirm the continuation of this trajectory, with the Group’s revenue increasing by 15% (13% organic) to $836.9m (FY2022 $728.2m). Adjusted EBITDA was by 12% to $96.4m (FY2022 $86m) whilst operating profit increased 26% to $42.3m (FY2022 $33.6m).

Team Internet plc (LON:TIG) – formerly CentralNic – is a global internet solutions group headquartered in London. Leveraging world-class technologies and industry leading teams, they have been transforming the way organisations, brands, publishers and consumers connect and thrive online.

Click to view all articles for the EPIC: TIG
Or click to view the full company profile:

How AI is changing the battle against counterfeiting

20th November 2024

What began as a routine day for a major online retailer quickly unravelled into a challenging situation when complaints poured in about counterfeit products. To their surprise, these complaints didn’t come from shoppers on dubious websites

Embracing a future-proof domain strategy

13th November 2024

The .io domain has become a popular choice for tech companies worldwide, representing innovation and digital transformation. However, the future of this domain faces uncertainty due to upcoming geopolitical changes involving the British Indian Ocean Territory

Team Internet Group on track to produce record profits in 2024 and 2025

11th November 2024

Team Internet Group Plc (LON:TIG), the global internet company that generates recurring revenue from creating meaningful and successful connections: businesses to domains, brands to consumers, publishers to advertisers, has announced its unaudited financial results for the nine

Team Internet attends Domain Days Dubai with industry experts and innovators

5th November 2024

Team Internet is thrilled to be part of Domain Days Dubai, an event drawing in leading professionals and innovators from the domain industry. This gathering offers an invaluable chance for networking, idea exchange, and staying up-to-date

Secure your own DotBrand for a stronger online presence

31st October 2024

A new chapter in digital branding is opening in 2026. For the first time in over a decade, businesses have the opportunity to secure their own branded top-level domain (TLD) with ICANN set to open applications.

Key updates in content suitability for parked domains

21st October 2024

Changes to Google’s content suitability standards are significantly impacting how parked domains are handled. For years, Google has prioritised a high-quality user experience and ensured brand safety for advertisers by implementing tighter controls on the traffic

Team Internet to publish interim results on 11th November 2024

21st October 2024

Team Internet Group plc (LON: TIG, OTCQX: TIGXF), the global internet company that generates recurring revenues from creating meaningful and successful connections: businesses to domains, brands to consumers, publishers to advertisers, has given notice of the publication

Insights from Oliver Fries, Head of Engineering at CentralNic Reseller

15th October 2024

In this insightful edition of the CentralNic Reseller Q&A, Oliver Fries, Head of Engineering, shares his perspectives on what makes CentralNic Reseller unique in the competitive domain reselling industry. He offers an insider’s view of the

The role of AI in transforming domain management

8th October 2024

In an era where online presence is key, managing domains effectively has become increasingly complex. Traditional domain management techniques often fall short in addressing these growing challenges. However, Artificial Intelligence (AI) now offers a transformative solution.

Effective ways to counteract brand abuse with BrandShelter

2nd October 2024

BrandShelter provides services to help protect brands from online abuse and infringement. The process begins with a standard analysis, where potential infringements are ranked by their threat level, highlighting the most critical issues. A quick response

Q&A with Oliver Fries Head of Engineering at CentralNic Reseller

25th September 2024

In this edition of CentralNic Reseller’s Q&A series, we had the chance to speak with Oliver Fries, Head of Engineering, to explore his thoughts on what distinguishes CentralNic Reseller in the domain industry. We also gained

Ensure your business success with the right domain name

20th September 2024

The domain name you choose for your business plays a crucial role in its future success. It is more than just a web address – it is the online identity of your brand. The right domain

Martin Spreer on the dynamic domain industry and CentralNic Reseller’s unique approach

9th September 2024

Introducing Martin Spreer, the Operations Manager at CentralNic Reseller, offers a glimpse into the innovative and dynamic world of domain reselling. Martin shares insights into the latest trends in the industry, the aspects that make CentralNic

Maximise business efficiency with CentralNic Reseller’s white-label control panel

6th September 2024

Enhancing efficiency in a reseller business requires a domain provider that offers not only secure and reliable API connections but also a web-based interface with advanced features. CentralNic Reseller has developed a white-label control panel that

Understanding NIS2 and its impact on the domain industry

2nd September 2024

The NIS2 Directive, which came into force on 16 January 2023, represents the European Union’s latest effort to strengthen cybersecurity across its member states. Replacing the previous NIS1 Directive, NIS2 is a comprehensive piece of legislation

Team Internet shows strength, positioned for future growth

27th August 2024

Team Internet demonstrated resilience in its H1 earnings despite facing ongoing challenges in the online marketing sector. As the company moves into the typically stronger second half of the year, it is expected that its efforts

Team Internet sees impressive growth following strategic acquisition

19th August 2024

Team Internet, a London-listed web services firm, has experienced a notable surge in sales following its acquisition of an online marketing firm earlier this year. In the first half of 2024, the company’s revenue increased to

Optimising reseller businesses with a customisable and efficient control panel

14th August 2024

Selecting a domain provider with secure and reliable API connections, alongside a powerful web-based interface, is crucial for optimising the efficiency of a reseller business. The white-label control panel offered by CentralNic is designed to streamline

Be sure to check our sister interview main ratings news website