Member Info for Lukee

New interview by Zak with Michael and Billy...

https://youtu.be/Wbh0K8_pw5E?si=9IaGE-SawQN3EW9e

Don't think anybody has posted it, only a short interview...

https://youtu.be/yvy7dsjBz9A?si=y66e7-2qhNajjYQq

If they're confident with a $36m EBITDA for this half with search and comparison coming back up, which yesterday they already had two months of inside data...

It got me thinking of next years guidance expectations...$80M EBITDA potential or higher you would expect, but long way to go and need to see them hit this years first!

Also good news with DIS, a question I asked with regards to the Radix move to Tucows. Impact so small they didn't need an RNS at the time, would of still been nice to announce no material impact on EBITDA at the time though :) Seems the .co and other wins which haven't been announced are much bigger than such loss.

I need to relisten.

But the only thing I remember about Comparison was he said in 10 years time, it potentially would be the largest division. (or something along them lines)

Search segment -

"As user engagement with RSOC increases, we expect margins to align with or exceed historical levels, shifting the profitability curve of our campaigns upward and ultimately restoring or surpassing past profit contributions. This process will take several quarters to complete."

DIS EBITA up 27% vs same period last year, that's good news.

Can see why the buyback was cancelled now with Comparison expanding, short term pain, long term gain. Comparison revenue vs EBITA conversion is great.

And search issues which we knew about, but long term seems good news.

No change in guidance for the year, thankfully they didn't mess that up.

Bit of a nervous wait now this weekend for Monday :)

Really can't see them messing up, especially as you've said many times GGG with the very weak guidance they have given for this year. Hopefully it was on the low side, not to mess up even more than they have done.

It was cancelled as they were near 1.5x EBITDA debt for this year it would seem. Something we may see continued if debt has reduced enough this first half. I hope!

50% owned by insiders... Free float isn't very big here. BB would surely start to impact, especially at these levels you would expect. Even just the impact of earnings per share.

Thought of about 5 different things to say GGG but wanted to wait and see what happened at the end of the day. Nice to see it peaked at close. Small undercossing trade at 63p.

Does seem MM's are a bit on edge selling shares with a bit of buying volume.

Do expect to see more than just half year results Monday. Interesting times.

Keep thinking what Kestrel are doing/thinking. They are very heavily invested into TIG with there fund and the numbers can't be looking great right now with the share price. Must be looking at the value of asset stripping with other investment parties.

Just reading from end of June when they had a new closed fund announced with new investment... "Closed ended fund structures give us fixed term capital duration that enable us to plan, alongside our portfolio companies, for the long term in a market that has become increasingly short term,” says Max Royde, CEO of Kestrel.

Reads like frustration the last part of the valuations.

By my Maths... We're currently at a share price of 3.3x EBITA ratio for the year of $60m EBITA projection.

Incredible really. Wonder if we will get an offer before results or maybe even on results day.

Unfortunately never as rich as you GGG :)

Does seem the best outcome is that Radix had a very good deal with us and didn't contribute much to EBITDA. Tucows has incredibly high losses, last year $10.02 EPS loss, share price is $20!!

That's a very interesting response at the end edoinvestor.

Thanks for sharing.

I've also emailed.

I expect a "further information will be provided during half year results on 1st or September".

Investor presentation just states "Processed domain registration years 2024: 13.2 million, 2023: 13.8 million".

Didn't expect an RNS about it being week old news.

I do wonder if they had a real good deal with us previously that it didn't add much to EBITDA. But maybe wishful thinking.

Might not affect 2025 guidance which is why no RNS potentially they're still confident of overall $60M EBITDA.

1 post accounts usually are dodgy, but this one actually bought receipts unfortunately.

My entire life savings are in TIG, absolute s**t show. But still with the 3 divisions we are incredibly undervalued.

Processed domain registration years 2024: 13.2 million, 2023: 13.8 million

.

Losing 10 million domains seems pretty material unfortunately. They have attempt to cut the bones of DIS to increase EBITDA last year and now have lost it's largest client.

Incredible work by our Michael, again.

That sucks for 2026 it seems then with it starting in November. Wipes out the .co win and a fair bit more. Interesting it's over a week old such news.

Really need some good news with Search.

Funny as a lot of these valuations put Search division at a value of £0.

From what the CEO has said recently, Search surely has a decent amount of value, especially into the future.

The masterclass after all the talk of potential sales, especially with the value put on DIS, we see a sale of Search for a nice multiple that pays off debt and some money left over.