Tillkännagivande • Jun 27
Team Internet Group plc, Annual General Meeting, Jul 24, 2026 Team Internet Group plc, Annual General Meeting, Jul 24, 2026. Location: the companys registered office, 4th floor, saddlers house, 44 gutter lane, ec2v 6br, london United Kingdom Reported Earnings • Jun 16
Full year 2025 earnings released: US$0.26 loss per share (vs US$0.07 loss in FY 2024) Full year 2025 results: US$0.26 loss per share (further deteriorated from US$0.07 loss in FY 2024). Revenue: US$481.9m (down 40% from FY 2024). Net loss: US$62.5m (loss widened 253% from FY 2024). Revenue is forecast to stay flat during the next 2 years compared to a 3.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Jun 10
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €0.38. The fair value is estimated to be €0.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 27% in a year. Earnings are forecast to grow by 87% in the next year. Tillkännagivande • Jun 01
Team Internet Group plc to Report Fiscal Year 2025 Results on Jun 15, 2026 Team Internet Group plc announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on Jun 15, 2026 Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Marie Juliette Holive was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jan 20
Team Internet Group plc Provides Group Earnings Guidance for the Fiscal Year 2025 Team Internet Group plc provided group earnings guidance for the fiscal year 2025. For the year, the Group now expects net revenue towards the top end of the range of current analyst forecasts. Analyst consensus of net revenue for the financial year ending 31 December 2025 as of 19 January 2026 is USD 126 million (analyst range of USD 113 million and USD 134 million). Tillkännagivande • Aug 11
Team Internet Group plc to Report First Half, 2025 Results on Sep 01, 2025 Team Internet Group plc announced that they will report first half, 2025 results on Sep 01, 2025 Tillkännagivande • Mar 31
Team Internet Group plc, Annual General Meeting, Apr 28, 2025 Team Internet Group plc, Annual General Meeting, Apr 28, 2025. Location: the companys registered office, 4th floor, saddlers house, 44 gutter lane, ecv 6br, london United Kingdom Tillkännagivande • Mar 15
Team Internet Group plc to Report Fiscal Year 2024 Results on Mar 24, 2025 Team Internet Group plc announced that they will report fiscal year 2024 results on Mar 24, 2025 Tillkännagivande • Mar 06
Verdane Fund Manager AB cancelled the acquisition of Internet Group plc (AIM:TIG) from Slater Investments Limited and others. Verdane Fund Manager AB made a proposal to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Limited and others for approximately £320 million on January 7, 2025. In a related transaction, Team Internet Group plc also received a proposal from TowerBrook Capital Partners (U.K.) LLP on January 7, 2025. Under the terms of offer, each proposal is for £1.25 per Team Internet share in cash with an option for Team Internet shareholders to elect for an unlisted equity alternative in respect of Team Internet shares. The two proposals follow earlier approaches from each of the respective offerors, both of which were rejected by the Board as undervaluing the Company and its future prospects. The Board is currently considering both approaches with its advisers, including limited interaction with the Potential Offerors, and will make further announcements in due course as appropriate.
The proposal is subject to satisfaction or waiver of a number of pre-conditions, including completion of satisfactory due diligence, finalization of financing and definitive transaction documentation. There can be no certainty that any firm offer will be made, nor as to the terms on which such offer might be made.
Christopher Fincken, Andrew Owens and Alina Vaskina of HSBC Bank plc and Nick Cowles, James Edis and Dominic King of Zeus Capital Limited acted as financial advisor to Team Internet Group plc.
Verdane Fund Manager AB cancelled the acquisition of Internet Group plc (AIM:TIG) from Slater Investments Limited and others for on March 4, 2025. Tillkännagivande • Jan 09
TowerBrook Capital Partners (U.K.) LLP proposed to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Ltd and others for approximately £320 million. TowerBrook Capital Partners (U.K.) LLP proposed to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Ltd and others for approximately £320 million on January 7, 2025. A cash consideration valued at £1.25 per share will be paid by TowerBrook Capital Partners. In related transaction, Verdane Fund Manager AB made a proposal to acquire Team Internet Group. Each proposal is for £1.25 per Team Internet share in cash with an option for Team Internet shareholders to elect for an unlisted equity alternative in respect of Team Internet shares. The two proposals follow earlier approaches from each of the respective offerors, both of which were rejected by the Board as undervaluing the Company and its future prospects. The Board is currently considering both approaches with its advisers, including limited interaction with the Potential Offerors, and will make further announcements in due course as appropriate.
Both proposals are subject to satisfaction or waiver of a number of pre-conditions, including completion of satisfactory due diligence, finalization of financing and definitive transaction documentation. TowerBrook and Verdane have until February 4, 2025 to announce a firm intention to make an offer, or to announce that they do not intend to make an offer. This deadline will only be extended with the consent of the Takeover Panel.
Christopher Fincken and Andrew Owens of HSBC Bank plc acted as Financial Adviser and Nick Cowles and James Edis of Zeus Capital Limited acted as nomad advisor to Team Internet Group. Tillkännagivande • Jan 08
Verdane Fund Manager AB made a proposal to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Limited and others for approximately £320 million. Verdane Fund Manager AB made a proposal to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Limited and others for approximately £320 million on January 7, 2025. In a related transaction, Team Internet Group plc also received a proposal from TowerBrook Capital Partners (U.K.) LLP on January 7, 2025. Under the terms of offer, each proposal is for £1.25 per Team Internet share in cash with an option for Team Internet shareholders to elect for an unlisted equity alternative in respect of Team Internet shares. The two proposals follow earlier approaches from each of the respective offerors, both of which were rejected by the Board as undervaluing the Company and its future prospects. The Board is currently considering both approaches with its advisers, including limited interaction with the Potential Offerors, and will make further announcements in due course as appropriate.
The proposal is subject to satisfaction or waiver of a number of pre-conditions, including completion of satisfactory due diligence, finalisation of financing and definitive transaction documentation. There can be no certainty that any firm offer will be made, nor as to the terms on which such offer might be made.
Christopher Fincken, Andrew Owens and Alina Vaskina of HSBC Bank plc and Nick Cowles, James Edis and Dominic King of Zeus Capital Limited acted as financial advisor to Team Internet Group plc. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: US$0.008 (vs US$0.017 in 3Q 2023) Third quarter 2024 results: EPS: US$0.008 (down from US$0.017 in 3Q 2023). Revenue: US$205.4m (down 4.6% from 3Q 2023). Net income: US$2.10m (down 52% from 3Q 2023). Profit margin: 1.0% (down from 2.0% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Nov 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. Minor Risks High level of debt (78% net debt to equity). Share price has been volatile over the past 3 months (11% average weekly change). Tillkännagivande • Oct 21
Team Internet Group plc to Report Q3, 2024 Results on Nov 11, 2024 Team Internet Group plc announced that they will report Q3, 2024 results on Nov 11, 2024 Upcoming Dividend • Aug 22
Upcoming dividend of UK£0.01 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 04 October 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.9%). Tillkännagivande • Aug 19
Team Internet Group plc Declares Interim Dividend, Payable on October 4, 2024 Team Internet declares an interim dividend of 1.0 pence per share. The dividend will be payable on 4 October 2024 for shareholders on the Company's register of members at close of business on 30 August 2024. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €1.68, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Media industry in Germany. Total returns to shareholders of 56% over the past three years. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: US$0.02 (vs US$0.023 in 2Q 2023) Second quarter 2024 results: EPS: US$0.02 (down from US$0.023 in 2Q 2023). Revenue: US$213.8m (up 6.1% from 2Q 2023). Net income: US$5.10m (down 22% from 2Q 2023). Profit margin: 2.4% (down from 3.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. New Risk • Aug 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (57% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change). Tillkännagivande • Jul 23
Team Internet Group plc to Report First Half, 2024 Results on Aug 12, 2024 Team Internet Group plc announced that they will report first half, 2024 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €2.20, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 10x in the Media industry in Germany. Total returns to shareholders of 134% over the past three years. Tillkännagivande • May 15
Team Internet Group plc Provides Earnings Guidance for the Year 2024 Team Internet Group plc provided earnings guidance for the year 2024. For the year, the company expects earnings growth over top-line growth, whilst maintaining a robust 8% organic revenue growth on a pro forma basis for TTM 2024. Reported Earnings • May 13
First quarter 2024 earnings released: EPS: US$0.019 (vs US$0.011 in 1Q 2023) First quarter 2024 results: EPS: US$0.019 (up from US$0.011 in 1Q 2023). Revenue: US$195.9m (flat on 1Q 2023). Net income: US$4.70m (up 62% from 1Q 2023). Profit margin: 2.4% (up from 1.5% in 1Q 2023). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 30
Team Internet Group plc (AIM:TIG) completed the acquisition of Shinez I.O. Ltd for $55.5 million. Team Internet Group plc (AIM:TIG) agreed to acquire Shinez I.O. Ltd for $54.10 million on March 19, 2024. Team Internet will acquire Shinez for an enterprise value of $41.8 million, on a net debt free basis and subject to customary adjustments for net working capital, payable in cash. Additional contingent consideration of up to $12.3 million will be due subject to Shinez achieving ambitious financial targets over the next two years, payable in cash. Shinez reported $111 million in gross revenue $17.2 million in net revenue, and $10.4 million in adjusted EBITDA for the year ending December 31, 2023. The acquisition will be funded through a combination of cash reserves and the Revolving Credit Facility Agreement. $4.6 million, i.e., 11% of the enterprise value, will be retained in escrow for four years to cover for customary warranties and indemnification. A graduated release schedule is planned for the escrow: up to 50% will be released on the second anniversary of the transaction's completion, followed by releases of up to 25% each on the third and fourth anniversaries. The acquisition is expected to be completed by late April/early May 2024, with all closing conditions anticipated to be satisfied, with the first full consolidation in Q3 2024. Zeus acted as advisor to Team Internet.
Team Internet Group plc (AIM:TIG) completed the acquisition of Shinez I.O. Ltd for $55.5 million on April 29, 2024. Shinez has been acquired for an enterprise value of $43.2 million, inclusive of customary adjustments for cash and working capital with an initial consideration of $38.9 million and $4.3 million retained in escrow to cover for customary warranties and indemnification. Contingent additional consideration of up to $12.3 million may become due subject to Shinez achieving ambitious financial targets over the next two years, payable in cash. Upcoming Dividend • Apr 18
Upcoming dividend of UK£0.02 per share Eligible shareholders must have bought the stock before 25 April 2024. Payment date: 28 May 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.4%). Declared Dividend • Mar 20
Dividend of UK£0.02 announced Shareholders will receive a dividend of UK£0.02. Ex-date: 25th April 2024 Payment date: 28th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 5.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (10% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 4.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Mar 20
Team Internet Group plc (AIM:TIG) agreed to acquire Shinez I.O. Ltd for $54.10 million. Team Internet Group plc (AIM:TIG) agreed to acquire Shinez I.O. Ltd for $54.10 million on March 19, 2024. Team Internet will acquire Shinez for an enterprise value of $41.8 million, on a net debt free basis and subject to customary adjustments for net working capital, payable in cash. Additional contingent consideration of up to $12.3 million will be due subject to Shinez achieving ambitious financial targets over the next two years, payable in cash. Shinez reported $111 million in gross revenue $17.2 million in net revenue, and $10.4 million in adjusted EBITDA for the year ending December 31, 2023. The acquisition will be funded through a combination of cash reserves and the Revolving Credit Facility Agreement. $4.6 million, i.e., 11% of the enterprise value, will be retained in escrow for four years to cover for customary warranties and indemnification. A graduated release schedule is planned for the escrow: up to 50% will be released on the second anniversary of the transaction's completion, followed by releases of up to 25% each on the third and fourth anniversaries. The acquisition is expected to be completed by late April/early May 2024, with all closing conditions anticipated to be satisfied, with the first full consolidation in Q3 2024. Tillkännagivande • Mar 19
Team Internet Group plc Proposes Final Dividend, Payable on 28 May 2024 Team Internet Group plc is proposing a final dividend of 2.0 pence per share to be approved at the AGM as the next step in the group's plan to return cash to shareholders. The dividend will be payable on 28 May 2024 for shareholders on the company's register of members at close of business on 26 April 2024. New Risk • Feb 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 45% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (56% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Tillkännagivande • Jan 29
Team Internet Group plc Provides Earnings Guidance for the Year 2023 Team Internet Group plc provided earnings guidance for the year 2023. The Company now expects to report record gross revenue of c. USD 835 million, net revenue (gross profit) of c. USD 190 million for the financial year 2023. Tillkännagivande • Jan 08
Team Internet Group plc to Report Fiscal Year 2023 Results on Mar 18, 2024 Team Internet Group plc announced that they will report fiscal year 2023 results on Mar 18, 2024 Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: US$0.017 (vs US$0.002 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.017 (up from US$0.002 loss in 3Q 2022). Revenue: US$215.3m (up 12% from 3Q 2022). Net income: US$4.40m (up US$4.80m from 3Q 2022). Profit margin: 2.0% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in Germany. Tillkännagivande • Oct 11
CentralNic Group Plc to Report Nine Months, 2023 Results on Nov 13, 2023 CentralNic Group Plc announced that they will report nine months, 2023 results on Nov 13, 2023 Board Change • Aug 28
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Marie Holive was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. New Risk • Aug 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.05% net profit margin). Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: US$0.023 (vs US$0.011 in 2Q 2022) Second quarter 2023 results: EPS: US$0.023 (up from US$0.011 in 2Q 2022). Revenue: US$201.5m (up 13% from 2Q 2022). Net income: US$6.50m (up 124% from 2Q 2022). Profit margin: 3.2% (up from 1.6% in 2Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Germany. New Risk • Jul 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • May 17
First quarter 2023 earnings released: EPS: US$0.011 (vs US$0.015 in 1Q 2022) First quarter 2023 results: EPS: US$0.011 (down from US$0.015 in 1Q 2022). Revenue: US$194.9m (up 25% from 1Q 2022). Net income: US$2.90m (down 28% from 1Q 2022). Profit margin: 1.5% (down from 2.6% in 1Q 2022). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the IT industry in Germany. Reported Earnings • Mar 01
Full year 2022 earnings released: US$0.008 loss per share (vs US$0.016 loss in FY 2021) Full year 2022 results: US$0.008 loss per share (improved from US$0.016 loss in FY 2021). Revenue: US$728.2m (up 77% from FY 2021). Net loss: US$2.08m (loss narrowed 41% from FY 2021). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the IT industry in Germany. Board Change • Feb 07
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Chairman Iain McDonald was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jan 30
CentralNic Group Plc to Report Fiscal Year 2022 Results on Feb 27, 2023 CentralNic Group Plc announced that they will report fiscal year 2022 results on Feb 27, 2023 Tillkännagivande • Dec 20
CentralNic Group Plc (AIM:CNIC) agreed to acquire Portfolio of revenue generating niche websites for $5.2 million. CentralNic Group Plc (AIM:CNIC) agreed to acquire Portfolio of revenue generating niche websites for $5.2 million on December 19, 2022. CentralNic will be assuming the working capital liabilities as part of the deal from multiple sellers. The deal will be financed from available liquidity and is expected to complete immediately. The acquisition will be immediately earnings accretive. The acquisition is part of a vertical integration strategy, providing the Group's Online Marketing segment with proprietary, exclusive special interest traffic to monetize. Nick Cowles, Jamie Peel, James Edis and Dominic King of Zeus Capital Limited acted as the financial advisor to CentralNic Group Plc. Buying Opportunity • Dec 14
Now 25% undervalued Over the last 90 days, the stock is up 14%. The fair value is estimated to be €2.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 58% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.1% per annum. Earnings is also forecast to grow by 8.8% per annum over the same time period. Reported Earnings • Nov 23
Third quarter 2022 earnings released: US$0.002 loss per share (vs US$0.009 loss in 3Q 2021) Third quarter 2022 results: US$0.002 loss per share (improved from US$0.009 loss in 3Q 2021). Revenue: US$192.1m (up 80% from 3Q 2021). Net loss: US$400.0k (loss narrowed 82% from 3Q 2021). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in Germany. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Chairman Iain McDonald was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 27
CentralNic Group Plc (AIM:CNIC) entered into an agreement to acquire Intellectual Property Management for $7.6 million. CentralNic Group Plc (AIM:CNIC) entered into an agreement to acquire Intellectual Property Management for $7.6 million on October 26, 2022. The transaction value enterprise value of $7.6 million in cash, subject to customary adjustments for net cash and working capital. The purchase price is settled from existing liquidity reserves. Tillkännagivande • Sep 15
CentralNic Group Plc (AIM:CNIC) entered into an agreement to acquire M.A Aporia Ltd. from Aporia’s founders for $19 million. CentralNic Group Plc (AIM:CNIC) entered into an agreement to acquire M.A Aporia Ltd. from Aporia’s founders for $19 million on September 14, 2022. Total consideration includes initial consideration of $11.2 million in cash subject to customary adjustments for net cash and working capital and earn up to another $7.8 million payable over a performance period until and including 2024. In 2021, Aporia generated revenue of $35 million and EBITDA $2 million. Zeus Capital Limited acted as financial advisor to CentralNic Group Plc (AIM:CNIC). Tillkännagivande • Sep 14
CentralNic Group Plc Announces Executive Changes CentralNic Group plc announced he appointment to its board of Claire MacLellan as a Non-executive Director with immediate effect. Claire replaces Tom Pridmore who steps down from the board. Claire recently stepped down after 6 years from the position of Chief Growth Officer & President of Future US at Future plc, a FTSE 250 media company that publishes and monetises over 250 media brands. Claire has played a key executive leadership role in the transformation of Future plc where she helped build and executed its fast-growth, diversification strategy, taking adjusted operating profits from a six-figure sum to over $250 million in four years, while growing its global audience from 30 million to over 430 million. Claire has also played a central role in Future plc's M&A strategy, involving many acquisitions, including that of GoCompare in 2021 for a consideration of almost $800 million. Prior to Future plc, Claire was at Fitness First Group for 11 years, holding a number of roles including being responsible for the design and delivery of the group strategy, M&A, international franchising, and entry into new markets. Tom Pridmore has been a Non-Executive Director of company since its IPO in 2013 when annual revenues were just $4 million. Since this time, he has helped turn company into a global business with revenues for the first six months of 2022 of $335 million. The Board would like to thank Tom for his support and wish him every success going forward. Reported Earnings • Sep 03
Second quarter 2022 earnings released: EPS: US$0.011 (vs US$0.007 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.011 (up from US$0.007 loss in 2Q 2021). Revenue: US$178.0m (up 99% from 2Q 2021). Net income: US$2.90m (up US$4.60m from 2Q 2021). Profit margin: 1.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 15%, compared to a 13% growth forecast for the IT industry in Germany. Tillkännagivande • Jul 19
CentralNic Group Plc to Report First Half, 2022 Results on Aug 30, 2022 CentralNic Group Plc announced that they will report first half, 2022 results on Aug 30, 2022 Board Change • Apr 28
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Chairman Iain McDonald was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 25
CentralNic Group Plc to Report Q1, 2022 Results on May 23, 2022 CentralNic Group Plc announced that they will report Q1, 2022 results on May 23, 2022 Reported Earnings • Apr 07
Full year 2021 earnings released: US$0.016 loss per share (vs US$0.055 loss in FY 2020) Full year 2021 results: US$0.016 loss per share (up from US$0.055 loss in FY 2020). Revenue: US$410.5m (up 71% from FY 2020). Net loss: US$3.54m (loss narrowed 67% from FY 2020). Over the next year, revenue is forecast to grow 25%, compared to a 18% growth forecast for the industry in Germany. Tillkännagivande • Apr 05
CentralNic Group Plc, Annual General Meeting, May 04, 2022 CentralNic Group Plc, Annual General Meeting, May 04, 2022, at 10:00 Coordinated Universal Time. Location: 4th Floor, Saddlers House, 44 Gutter Lane London United Kingdom Tillkännagivande • Mar 10
CentralNic Group Plc (AIM:CNIC) completed the acquisition of VGL Verlagsgesellschaft Mbh from Dushe Beteiligungsgesellschaft MbH, Somerset Ventures Gmbh, Alexander Schneider and Kenny Schmahl. CentralNic Group Plc (AIM:CNIC) agreed to acquire VGL Verlagsgesellschaft Mbh from Dushe Beteiligungsgesellschaft MbH, Somerset Ventures Gmbh, Alexander Schneider and Kenny Schmahl for approximately €110 million on February 28, 2022. In the related transaction CentralNic is conducting Private Placement. VGL is being acquired for an enterprise value of €60 million, with initial consideration of €67 million, payable in cash on completion, inclusive of customary adjustments for cash and working capital. The Company will fund the acquisition from the proceeds of an oversubscribed placing to institutional investors, raising gross proceeds of approximately €50 (GBP 42) million, at a fixed price of 120 pence per share. The Placing has been complemented by an issue of additional senior secured callable bonds for a nominal value of €21 million under its existing senior secured bond, in addition to its existing cash reserves. An earn out arrangement has also been agreed, under which additional consideration of up to €38 million may be paid over the next three years if the growth of VGL materially exceeds expectations. In the event that amounts become due under the earn out arrangement, these are expected to be funded by the incremental operating cash flow generated by VGL. For the year ended December 31, 2021, VGL generated €48.62529 of revenue (unaudited) and €9.58437 million of Adjusted EBITDA. The acquisition is expected to be double digit earnings enhancing for the financial year ending 31 December 2022, prior to any synergies being realised. The acquisition will complete within five Business Days of the closing conditions. Nick Cowles, Jamie Peel, Dominic King and Rupert Woolfenden of Zeus Capital Limited acted as financial advisors to CentralNic.
CentralNic Group Plc (AIM:CNIC) completed the acquisition of VGL Verlagsgesellschaft Mbh from Dushe Beteiligungsgesellschaft MbH, Somerset Ventures Gmbh, Alexander Schneider and Kenny Schmahl on March 8, 2022. Reported Earnings • Mar 01
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: US$0.016 loss per share (up from US$0.043 loss in FY 2020). Revenue: US$410.5m (up 70% from FY 2020). Net loss: US$3.54m (loss narrowed 58% from FY 2020). Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 18%, compared to a 15% growth forecast for the industry in Germany. Tillkännagivande • Mar 01
CentralNic Group Plc has completed a Follow-on Equity Offering in the amount of £42 million. CentralNic Group Plc has completed a Follow-on Equity Offering in the amount of £42 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 35,000,000
Price\Range: £1.2
Transaction Features: Subsequent Direct Listing Buying Opportunity • Feb 24
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be US$1.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 61% per annum over the last 3 years. Earnings per share has grown by 9.5% per annum over the last 3 years. Tillkännagivande • Feb 15
CentralNic Group Plc (AIM:CNIC) agreed to acquire Fireball Search GmbH for €0.6 million. CentralNic Group Plc (AIM:CNIC) agreed to acquire Fireball Search GmbH for €0.6 million on February 15, 2022. The consideration will be paid in cash. As part of the acquisition, CentralNic also acquired .ruhr Top-Level Domain. The transaction will be financed from available cash resources. The acquisitions are expected to complete immediately and on or around 31 May 2022. The acquisitions are expected to be immediately earnings accretive. Buying Opportunity • Jan 30
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 6.5%. The fair value is estimated to be US$1.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 61% per annum over the last 3 years. Earnings per share has grown by 9.5% per annum over the last 3 years. Tillkännagivande • Jan 18
CentralNic Group Plc Provides Earnings Guidance for the Financial Year Ended December 31, 2021 CentralNic Group Plc provided earnings guidance for the financial year ended December 31, 2021. For the year, the company expects revenue of around USD 410 million. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2022 The 4 analysts covering CentralNic Group previously expected the company to break even in 2021. New consensus forecast suggests the company will make a profit of US$13.5m in 2022. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Tillkännagivande • Dec 07
CentralNic Group Plc (AIM:CNIC) acquired NameAction Inc for CLP 1 million. CentralNic Group Plc (AIM:CNIC) acquired NameAction Inc for CLP 1 million on December 6, 2021. The consideration will be paid in cash. NameAction will form the base for all CentralNic Group's business operations in LatAm, giving it direct presence in this rapidly-growing digital market. The acquisition will be immediately earnings accretive. Nick Cowles, Jamie Peel and Rupert Woolfenden of Zeus Capital Limited acted as nominated advisor to CentralNic Group Plc.
CentralNic Group Plc (AIM:CNIC) completed the acquisition of NameAction Inc on December 6, 2021. Reported Earnings • Nov 23
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: US$0.006 loss per share (up from US$0.018 loss in 3Q 2020). Revenue: US$107.3m (up 88% from 3Q 2020). Net loss: US$1.40m (loss narrowed 60% from 3Q 2020). Revenue exceeded analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 9.2%, compared to a 9.8% growth forecast for the industry in Germany. Tillkännagivande • Sep 29
CentralNic Group Plc (AIM:CNIC) agreed to acquire Publishing Network of White & Case Ltd from White & Case Ltd. for $6.5 million. CentralNic Group Plc (AIM:CNIC) agreed to acquire Publishing Network of White & Case Ltd from White & Case Ltd. for $6.5 million on September 28, 2021. The acquisition will be financed from available liquidity. The Acquisition is expected to complete on or around 1 October 2021. Breakeven Date Change • Sep 10
Forecast to breakeven in 2022 The 4 analysts covering CentralNic Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$3.05m in 2022. Average annual earnings growth of 72% is required to achieve expected profit on schedule. Breakeven Date Change • Sep 02
Forecast to breakeven in 2021 The 4 analysts covering CentralNic Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$51.4k in 2021. Earnings growth of 73% is required to achieve expected profit on schedule. Recent Insider Transactions • Aug 05
Group MD & Executive Director recently sold €188k worth of stock On the 30th of July, Donald Baladasan sold around 165k shares on-market at roughly €1.14 per share. This was the largest sale by an insider in the last 3 months. This was Donald's only on-market trade for the last 12 months. Breakeven Date Change • Jun 25
Forecast breakeven pushed back to 2022 The 4 analysts covering CentralNic Group previously expected the company to break even in 2021. New consensus forecast suggests losses will reduce by 42% to 2021. The company is expected to make a profit of US$2.25m in 2022. Average annual earnings growth of 77% is required to achieve expected profit on schedule. Tillkännagivande • Jun 02
Centralnic Group plc Provides Earnings Guidance for the Full Year of 2021 CentralNic Group Plc provided earnings guidance for the full year of 2021. The company expects the full year results to be in line with market expectations. Reported Earnings • Apr 28
Full year 2020 earnings released: US$0.043 loss per share (vs US$0.037 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$241.2m (up 121% from FY 2019). Net loss: US$8.42m (loss widened 29% from FY 2019). Tillkännagivande • Mar 03
CentralNic Group Plc (AIM:CNIC) completed the acquisition of Wando Internet Solutions GmbH. CentralNic Group Plc (AIM:CNIC) entered into binding agreement to acquire Wando Internet Solutions GmbH for €10.8 million on February 22, 2021. The consideration includes payment of €5.4 million and the sellers of Wando may earn up to another €5.4 million payable in Q3 2022 subject to stretched performance targets being met. The initial consideration, which is subject to customary adjustments for cash and net working capital, will be paid from the proceeds from the Group's recent bond placement. In FY2020, Wando generated unaudited revenue of €4.9 million and unaudited EBITDA of €1.2 million. The transaction is expected to close in the course of today. Nick Cowles, Jamie Peel, John Goold and Rupert Woolfenden of Zeus Capital Limited and Fred Walsh, Alex Price and Richard Short of Stifel Financial Corp. (NYSE:SF) acted as financial advisor to CentralNic Group Plc.
CentralNic Group Plc (AIM:CNIC) completed the acquisition of Wando Internet Solutions GmbH on March 1, 2021. Analyst Estimate Surprise Post Earnings • Mar 02
Revenue beats expectations Revenue exceeded analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 26%, compared to a 12% growth forecast for the IT industry in Germany. Reported Earnings • Mar 02
Full year 2020 earnings released: US$0.046 loss per share (vs US$0.046 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: US$241.2m (up 121% from FY 2019). Net loss: US$9.05m (loss widened 12% from FY 2019). Tillkännagivande • Feb 23
CentralNic Group Plc (AIM:CNIC) entered into binding agreement to acquire Wando Internet Solutions GmbH for €10.8 million. CentralNic Group Plc (AIM:CNIC) entered into binding agreement to acquire Wando Internet Solutions GmbH for €10.8 million on February 22, 2021. The consideration includes payment of €5.4 million and the sellers of Wando may earn up to another €5.4 million payable in Q3 2022 subject to stretched performance targets being met. The initial consideration, which is subject to customary adjustments for cash and net working capital, will be paid from the proceeds from the Group's recent bond placement. In FY2020, Wando generated unaudited revenue of €4.9 million and unaudited EBITDA of €1.2 million. The transaction is expected to close in the course of today. Nick Cowles, Jamie Peel, John Goold and Rupert Woolfenden of Zeus Capital Limited and Fred Walsh, Alex Price and Richard Short of Stifel Financial Corp. (NYSE:SF) acted as financial advisor to CentralNic Group Plc. Tillkännagivande • Feb 16
CentralNic Group Plc to Report Fiscal Year 2020 Results on Mar 01, 2021 CentralNic Group Plc announced that they will report fiscal year 2020 results Pre-Market on Mar 01, 2021 
