The Raketech Journal

Quote from Johan Svensson, CEO “Revenues in Q3 2024 totalled EUR 12.9 million, down 39.9% compared to a very strong Q3 2023 (EUR 21.5 million, of which EUR 0.4 million from the divested advisory business), with adjusted EBITDA of EUR 3.1 million (EUR 5.6 million) and EBITDA of EUR 3.0 million (EUR 5.6 million) reflecting lower sales in all business areas. We have continued our evaluation of all products and business areas to better position ourselves for sustainable, long-term growth and operational efficiency. These initiatives have resulted in the successful sale of ATS Advisory on July 31st and the formation of two strategic partnerships within Affiliation Marketing, as well as realizing cost savings following the review of our operating model.”

November 15, 2023 – Raketech Group Holding Plc (Nasdaq: RAKE), today announced the third quarter interim report in line with the increased trading update from July 24th with a total revenue of EUR 21.5 million and an organic growth of 66% Y/Y, adjusted EBITDA grew by 16.5% Y/Y to EUR 5.6 million. The company is expected to close 2023 in line with previously increased guidance of EBITDA at EUR 23-25 million as well as net cash flow in the interval of EUR 13-15 million, while beating guidance with regards to revenue of EUR 65-70 million.

QUOTE FROM OSKAR MÜHLBACH, CEO “As expected, activity picked up during the third quarter, driven by seasonality and a continuous positive momentum within our core affiliation segment as well as…

QUOTE FROM OSKAR MÜHLBACH, CEO“Q3 of 2021 was another operationally and financially strong quarter for Raketech. Total revenues amounted to EUR 9.6m which is a new all-time high, corresponding to…

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…

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…

THIRD QUARTER 2018 Revenues increased by 42.3% to EUR 7.0 million (EUR 4.9 million) Organic growth amounted to 28.6% (32.6%) Adjusted EBITDA increased by 45.2% to EUR 4.1 million (EUR…