The shareholders of Raketech gathered in Stockholm, Sweden, on 15 May 2020 to
hold an annual general meeting. The following resolutions were made.
QUOTE FROM OSKAR MÜHLBACH, CEO “The first quarter of 2020 can be summarised as a
stable operational and financial quarter for Raketech. In general, our product
portfolio performed as expected and we continued to deliver on our strategic
operational goals. Q1 revenues amounted to EUR 6.5m and EBITDA to EUR 2.6m.
Compared to the previous quarter this equals a growth in revenues of 11.9% and
compared to last year revenues increased with 1.4%.”
Raketech, the iGaming performance marketing partner, will publish its Q1 2020
report on May 13, 2020 at 8:00 CEST. The presentation of the report will start
at 09:00 CEST – held by Raketech’s CEO Oskar Mühlbach and CFO Måns Svalborn.
As of today, Thursday April 9, 2020, the Annual Report 2019 for Raketech Group Holding Plc is available in English on the company website: https://www.raketech.com/investor/. Furthermore, the board of directors…
NOTICE OF ANNUAL GENERAL MEETING 2020 OF RAKETECH GROUP HOLDING P.L.C. in
accordance with Article 57 of the Articles of Association of the Company (the
“Articles”).
Raketech, the iGaming performance marketing partner, monitors the development of
the COVID-19 virus and its potential effects on its industry closely. So far,
the strategies as how to handle the outbreak have been different from country to
country which makes the situation somewhat hard to predict. Raketech do not
anticipate substantial negative effects on the iGaming industry in the long
term, even though sports betting revenues most likely will be affected
negatively during 2020 due to the many cancelled sports events. Q1 2020 is so
far delivering revenues in line with expectations with January and February
amounting to approximately EUR 4.0m in total. During March, Raketech expect to
deliver revenues in line with the two previous months, excluding revenues from
the newly acquired Lead Republik Ltd.
Raketech, the iGaming performance marketing partner, today delivered on an important milestone on the company’s geographical expansion strategy by announcing that it acquires all assets of Lead Republik Ltd, a…
FOURTH QUARTER 2019 Revenues totalled EUR 5.8 million (EUR 7.6 million) representing a decrease of 23.3%. NDCs (New Depositing Customers) amounted to 28,002 (35,948). Adjusted EBITDA amounted to EUR 2.0…
Raketech, a leading online affiliate and content marketing company, will publish its year-end 2019 report on February 19, 2019 at 8:00 CET. The presentation of the report will start at…
In the fourth quarter 2019, total revenues for Raketech are expected to amount
to EUR 5.8 million. Reported EBITDA is estimated to EUR 1.6 million, which is
below expectations. The reported EBITDA is affected by extraordinary cost items
amounting to EUR 0.4m and loss allowance for trade receivables amounting to 0.3
million during the quarter. Furthermore operating profit during the fourth
quarter is affected by extraordinary items which relate to revaluation of
Goodwill of EUR 0.3m, without any cash effect, as a consequence of the continued
PPC-ban in Sweden.
The Board of Directors of Raketech Group Holding P.L.C, a leading online
affiliate and content marketing company, has appointed Oskar Mühlbach as the new
President and CEO. Since April 2019, Oskar Mühlbach has held the role of Chief
Operating Officer (COO).
THIRD QUARTER 2019 Total revenues amounted to EUR 6.0 million (EUR 7.0 million) representing a decrease of 15.1%. Organic growth amounted to -17.9% (28.6%). Adjusted EBITDA decreased by 34.2% to…
