Interim report Q1 2020

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%.”

Read More

Interim report Q1 2020

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%.”

Read More

Information about the COVID-19 impact on Raketech

Raketech, the iGaming performance marketing partner, monitors the development of
the COVID-19 virus and its potential effects on its industry closely. So far,
the strategies as how to handle the outbreak have been different from country to
country which makes the situation somewhat hard to predict. Raketech do not
anticipate substantial negative effects on the iGaming industry in the long
term, even though sports betting revenues most likely will be affected
negatively during 2020 due to the many cancelled sports events. Q1 2020 is so
far delivering revenues in line with expectations with January and February
amounting to approximately EUR 4.0m in total. During March, Raketech expect to
deliver revenues in line with the two previous months, excluding revenues from
the newly acquired Lead Republik Ltd.

Read More