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…
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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…
The Board of Directors for Raketech Group Holding P.L.C. (“Raketech”) has
decided to terminate the programme to repurchase its shares until further
notice. A total of 487,000 shares, equivalent to 1.3 percent of the total number
of shares and votes in the company, were repurchased as part of the buy-back
programme that was announced on June 5, 2019.
Raketech, a leading online affiliate and content marketing company, will publish its Q3 2019 financial report on Thursday November 21, 2019 at 07:00 CET. The presentation of the report will…
In accordance with the resolution of the Annual General Meeting, a principal
nomination committee ahead of the next Annual General Meeting taking place in
May 2020 has been appointed. The nomination committee remains unchanged and
includes representatives from four of Raketech’s largest shareholders and the
Chairman of the Board.
