The Raketech Journal

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Raketech announces preliminary revenue, EBITDA and operating profit for the fourth quarter

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.

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Interim report Q3 2019

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…

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Raketech terminates share buy-back programme

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.

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Raketech avslutar återköpsprogram

Styrelsen i Raketech Group Holding P.L.C. (”Raketech”) har beslutat att tills
vidare avsluta det återköpsprogram av egna aktier som kommunicerades den 5 juni
2019. Sammanlagt har 487 000 aktier, motsvarande 1,3 procent av totala antalet
aktier och röster i bolaget, återköpts inom ramen för programmet.

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Raketech recruits Måns Svalborn as new CFO

Raketech, a leading online affiliate and content marketing company, today
announced that current CFO Andreas Kovacs has been appointed a new role as
Director of Business Development, and Måns Svalborn will join as Chief Financial
Officer (CFO). The purpose is to further intensify the implementation of the
company’s growth strategy. Måns Svalborn will join the company on November 11,
and will initially work alongside Andreas Kovacs to ensure a smooth transition
into the CFO role.

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