16 October 2024 — Raketech Group P.L.C. (“Raketech” or the “Company”) today announced it will issue shares in connection with an earnout consideration payment to the founders of Casumba.
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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.
Raketech, the iGaming performance marketing partner, will publish its Q2 2024 report on August 14, 2024 at 08:00 CEST. The presentation of the report will start at 09:00 CEST – held by Raketech’s CEO Johan Svensson and CFO Måns Svalborn.
15 July 2024 — Raketech Group P.L.C. (“Raketech” or the “Company”) today announced it will issue shares in connection with an earnout consideration payment to the founders of Casumba.
Raketech Group Holding Plc (“Raketech” or “the Company”), today announced that the Company has reached an agreement to divest its non-core US advisory business. The total sale proceeds amount to USD 2.25 million settled partially on closing and via an ongoing revenue share agreement.
The shareholders of Raketech Group Holding Plc gathered in Malta on 26 June 2024 to hold an extraordinary general meeting. The following resolutions were made.
Raketech Group Holding Plc (Nasdaq: RAKE), the iGaming performance marketing partner is pleased to announce that the company has signed a revolving credit facility (RCF) with Bank of Valletta, one…
Raketech, a leading company in the iGaming sector, is pleased to announce the appointment of Johan Svensson as its permanent Chief Executive Officer, effective May 16, 2024.
NOTICE IS HEREBY GIVEN that the EXTRAORDINARY GENERAL MEETING 2024 (the “Meeting”) of Raketech Group Holding p.l.c., company registration number C77421 (the “Company” or “RGH”), will be held on 26 June 2024, at 1 p.m. (CET) at the premises of the Company in SOHO Office (The Strand), Fawwara Building, Triq l-Imsida il-Gzira, Malta.
The shareholders of Raketech Group Holding Plc gathered in Malta on 16 May 2024 to hold an annual general meeting. The following resolutions were made.
QUOTE FROM JOHAN SVENSSON, ACTING CEO“In the first quarter of 2024, we delivered EUR 19.0 million in revenues, representing an organic increase of 20.1%, primarily driven by Sub-affiliation. Adjusted EBITDA…
After careful consideration and in order to best serve the business’s needs, increase the company’s long-term financial flexibility, and serve the long-term interests of both the company and its shareholders, the Raketech Board of Directors has decided to withdraw its previously announced proposal to the Annual General Meeting on 16 May 2024 to distribute dividends in 2024.
