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Team Internet Group Faces 36% Revenue Drop, Cuts 200 Jobs

9/2/2025

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Summary

Story summary

Team Internet Group experienced a 36% revenue decline, totaling $263.9 million in H1 2025, resulting in a $7 million operating loss.
The company reduced its workforce by 200 employees, approximately 25%, in response to changes in Google's AdSense for Domains.
Adjusted EBITDA from search dropped 72%, while net revenues fell 26% to $73 million.

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Story summary

Team Internet Group experienced a 36% revenue decline, totaling $263.9 million in H1 2025, resulting in a $7 million operating loss.
The company reduced its workforce by 200 employees, approximately 25%, in response to changes in Google's AdSense for Domains.
Adjusted EBITDA from search dropped 72%, while net revenues fell 26% to $73 million.