Team Internet Group (TIG) Trading update summary

Executive summary

• FY25 earnings expected at the top end of analyst forecasts, driven by strong Q4 momentum despite challenging market conditions.

• Accelerated performance in Comparison and DIS segments, with disciplined cost control supporting earnings resilience.

• Strategic Review ongoing, with advanced discussions for a potential DIS segment disposal aimed at exceeding current market capitalization.

Financial highlights

• Gross revenue, net revenue, and adjusted EBITDA for FY25 anticipated near the upper end of analyst consensus: $465M gross revenue, $126M net revenue, $42M adjusted EBITDA.

• Analyst forecast ranges: gross revenue $371M–$541M, net revenue $113M–$134M, adjusted EBITDA $40M–$43M.

• Q4 performance marked a turnaround after a year of revenue contraction and EBITDA pressure.

Outlook and guidance

• Board remains focused on maximizing shareholder value through trading recovery and strategic actions.

• Further updates, including unaudited financials and segment breakdown, to be released in due course.