Team Internet – CEO getting photo-opportunities at Davos, Vegas, Dubai and banking £1m pa – while £0.5m pa CFO was borrowing money to ‘buy-in’ millions of shares

Team Internet – what was Nero doing while Rome burned – CEO getting photo-opportunities at Davos, Vegas, Dubai and banking £1m pa – while £0.5m pa CFO was borrowing money to ‘buy-in’ millions of shares at twice the current price – now brokers look for 31% drop in 2025 profits

24.03.2025

This morning’s statement that the results are delayed until later this week, will not be good news for shareholders in internet service group Team Internet Group (LON:TIG).

No wonder why potential bidders have backed off.

One of the group’s brokers, Zeus Capital, is expecting that the group will report 2024 adjusted pre-tax profits of $71.4m ($77.4m) AND then this year a 31% further fall to $49.4m, with a 37% fall in earnings to 13.4c per share.

Oh dear, oh dear - this has turned into a

Has Team Internet crashed into a real mess?

a real mess