Q2 2024: Navigating a Challenging Quarter, In Line with Expectations

Quote from Johan Svensson, CEO “Revenues in Q2 of 2024 totalled EUR 17.0 million (EUR 17.6 million). Strong growth in sub-affiliation were offset by a decline in affiliation marketing. EBITDA was EUR 4.4 million compared to adjusted EBITDA of EUR 5.5 million of last year, in line with expectations. The impact of the Google update was most evident for our Casumba assets in Q2, and we have acted swiftly by mobilizing resources from across the company to strengthen the team. A comprehensive business audit was finalized in connection with the end of the Google update. This has led to several initiatives around enhanced content focused on a broader audience, technical product improvements, SEO optimization and full focus on user experience. We have made progress in stabilizing performance, albeit at a reduced level, and we feel confident that our actions will return the assets to growth.

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Interim report Q2 2021

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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Interim report Q2 2020

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.”

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Interim report Q2 2020

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.”

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Interim report Q2 2019

SECOND QUARTER 2019 Total revenues amounted to EUR 5.7 million (EUR 6.0 million) representing a decrease of 6.1%. Organic growth amounted to -8.8% (24.5%). Adjusted EBITDA decreased by 10.7% to…

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