QUOTE FROM OSKAR MÜHLBACH, CEO“The second quarter of 2021 was a record quarter for Raketech with general solid performance across most assets and regions, in particular from our Network sales…
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Raketech, the iGaming performance marketing partner, today delivered on yet another important strategic milestone by announcing the acquisition of Spanish based organic casino affiliation marketing company Infinileads S.L (”Infinileads”), with key assets Slotjava.es and Slotjava.it. Through the acquisition of Infinileads, Raketech takes position on several Latin American emerging markets such as Argentina, Mexico and Peru in addition to current Infinileads core markets Spain, Italy and Portugal. As a result of the acquisition, Raketech’s revenues within these regions are expected to reach approximately 5 percent of the group’s total revenues, in Q4 of this year.
Raketech, the iGaming performance marketing partner, today announced a sports focused acquisition, delivering growth on strategically important markets such as the US. With the acquisition of P&P Vegas Group Inc, Raketech significantly strengthens its sports footprint on the fast-growing US market with assets such as the US betting tipster community; Picksandparlays.net. Furthermore, the company acquires all assets from QM Media AB, including the leading cricket betting website; Onlinecricketbetting.net with majority of its traffic from India. The total purchase price amounts to EUR 16m, payable in cash and issuance of new shares as at closing.
QUOTE FROM OSKAR MÜHLBACH, CEO ”The first quarter of 2021 was a solid quarter for Raketech. Despite Q1 traditionally being a slower quarter, revenues came in in line with Q4,…
QUOTE FROM OSKAR MÜHLBACH, CEO ”The foundation laid out during 2019 proved to serve Raketech well during 2020. Not only did we manage to deliver four stable quarters in terms…
QUOTE FROM OSKAR MÜHLBACH, CEO ”The third quarter of 2020 was yet another operationally productive and stable quarter where we managed to deliver strong results despite tough and volatile macro…
Raketech, the iGaming performance marketing partner, today delivered on an important milestone on the company’s strategy by announcing its acquisition of the US based organic affiliation marketing assets americangambler.com (“American Gambler”). As a result of the acquisition, Raketech’s revenues within the US are expected to reach approximately 5-10 percent of the group’s total revenues, already in Q4 of this year.
Raketech, the iGaming performance marketing partner, today announced that the company has divested its consumer finance assets to ROI Media UK, for a total consideration of EUR 4.2m. The divestment is in line with Raketech’s strategy of being the preferred performance marketing partner within iGaming.
QUOTE FROM OSKAR MÜHLBACH, CEO “The strong operational development for Raketech
continued during the second quarter of 2020 with several initiatives launched
and improved, resulting in a stable product portfolio performance for the
quarter. Q2 revenues amounted to 7.0m EUR compared to 5.7m EUR the same quarter
previous year, representing a growth of 24.1%. EBITDA margin amounted to 40.2%
compared to 51.1% previous year as an expected effect of the Lead Republik
revenues having slightly lower margin as well as our efforts within geographical
expansion – in line with our strategic goals.”
QUOTE FROM OSKAR MÜHLBACH, CEO “The strong operational development for Raketech
continued during the second quarter of 2020 with several initiatives launched
and improved, resulting in a stable product portfolio performance for the
quarter. Q2 revenues amounted to 7.0m EUR compared to 5.7m EUR the same quarter
previous year, representing a growth of 24.1%. EBITDA margin amounted to 40.2%
compared to 51.1% previous year as an expected effect of the Lead Republik
revenues having slightly lower margin as well as our efforts within geographical
expansion – in line with our strategic goals.”
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%.”
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%.”
