Oskar Mühlbach leaves his role as CEO of Raketech

The Board of Directors of Raketech and Oskar Mühlbach have jointly agreed that Mühlbach will leave his role as CEO, due to different views on the strategic direction of the company. Co-founder and former Board member Johan Svensson will take on the role as Acting CEO until a new permanent CEO has been appointed.

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Raketech Delivers a Strong Q3 In Line With Previously Increased Trading Update

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.

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Invitation to Raketech’s Q3 2023 conference call

November 07, 2023 – Raketech Group Holding Plc (Nasdaq: RAKE), the iGaming performance marketing partner, will publish its Q3 2023 report on November 15, 2023 at 08:00 CEST. The presentation of the report will start at 09:00 CEST – held by Raketech’s CEO Oskar Mühlbach and CFO Måns Svalborn.

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Raketech Extends Credit Facility

October 04, 2023 – Raketech Group Holding Plc (Nasdaq: RAKE) announced today that the company has extended its revolving credit facility with standing partner Avida Finans AB until December 2024.

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