Raketech Group Holding Plc · OMXSTO:RAKE
Raketech — Q3 2025 Earnings Presentation
17 slides from Raketech's earnings presentation, Nov 6, 2025
Slide 1: Q3 2025 Report Presentation
RAKETECH Q3 2025 Report Presentation
Slide 2: Q3 2025 Agenda
Q3 2025 01. Highlights 02. Financials Q3 2025 03. Key takeaways 04. Q&A Johan Svensson Måns Svalborn Chief Executive Officer Chief Financial Officer
Slide 3: Q3 Financial Highlights
3 Q3 Financial Highlights Momentum Building Through Exclusive Partnerships and Streamlined Operations Continued Inc. Casumba • Divestment of Casumba: Sold for EUR 12m, paid over four years. Exit driven by increased regulatory risk in the region • Continued operations (excluding Casumba): Revenue of
Slide 4: Q3 Performance by business area
4 Q3 Performance by business area Raketech Owned Publishers Paid + Organic Network Publishers (Affiliation Marketing) (SubAffiliation) Performance marketing and lead generation provided for operators via Managed solutions for administration, data analytics, reporting, Raketech owned assets. CPA, Rev
Slide 5: From complexity to clarity: A unified Platform-first B2B Strategy
5 From complexity to clarity: A unified Platform-first B2B Strategy driven by two main business areas 2010-2019 2020-2025 2026-2028 Portfolio of Three Business Areas: Single B2B Platform Affiliation Marketing • Affiliation Marketing • Raketech owned publishers Brands • SubAffiliation (Paid+Organic)
Slide 6: Platform-First: Data-Driven Innovation and Unified Commercial Operations
6 Platform-First: Data-Driven Innovation and Unified Commercial Operations Unlock New Growth Potential Platform-first Platform-first - AffiliationCloud Integrated platform enhances scale, AffiliationCloud efficiency, and insight Compliance Negotiation Distribution Data Payment • AffiliationCloud is
Slide 7: Exclusive Commercial Operator Agreement
Exclusive Commercial Operator Agreement $$ $ $$$ Publishers 1 Publishers 2 Operator Publishers 3 Publishers 4
Slide 8: Exclusive Publisher Agreement
Exclusive Publisher Agreement $$ $ $$$ Exclusive Publisher Operator 1 Ad 1 Operator 2 Ad 2 Ad 3 Operator 3
Slide 9: Financials Q3 2025
RAKETECH Financials Q3 2025
Slide 10: Seasonality impacting Affiliation Marketing Q3 vs. Q2 – US growing with AffiliationCloud
10 Seasonality impacting Affiliation Marketing Q3 vs. Q2 – US growing with AffiliationCloud Revenue streams (Excluding Casumba) Region split (Excluding Casumba) EUR Affiliation marketing SubAffiliation Betting tips & Subscription Nordics Rest of world Rest of Europe US million 12 100% 0,9 0,8 0,6 0,
Slide 11: CPA variations primarily from SubAffiliation
CPA variations primarily from SubAffiliation Revenue mix (Excluding Casumba) Vertical split (Excluding Casumba) EUR Revenue share CPA Flat fee Betting subscr. million 12 100% 90% 2,4 2,4 0,6 2,1 1,8 10 0,6 2,2 80% 1,6 1,6 70% 8 0,3 60% 1,7 Sport 0,1 6 4,6 50% 4,9 1,6 1,6 Casino 2,8 40% 8,3 8,1 6,1 4
Slide 12: EBITDA (excluding Casumba) stabilizing
12 EBITDA (excluding Casumba) stabilizing Adj. EBITDA quarterly (Excluding Casumba) Cost development (Excluding Casumba) EUR million EUR million 2,0 7,0 1,7 6,0 -27% 1,5 1,4 1,3 5,0 1,3 1,0 1,2 4,0 1,1 1,1 1,0 1,1 2,3 1,1 3,0 1,8 1,5 1,4 2,0 1,4 0,5 1,0 2,1 1,7 1,7 1,6 1,4 0,0 0,0 Q3-24 Q4-24 Q1-25
Slide 13: Stable Cash Conversion
13 Stable Cash Conversion EBITDA (Including Casumba) and Free Cash Flow quarterly EUR million Earnout settlements • 0.8 million earnout payment in Q3 • Remaining earnout, partial 3,8 instalments up until March 2028 Deferred payments Casumba Disposal 3,0 3,0 • Fixed consideration of EUR 12 million, w
Slide 14: Key takeaways and outlook
14 Key takeaways and outlook Financials Business Outlook • Revenues of EUR 6.2 million in Q3 2025 • Casumba divestment completed — capital and • Adjusted EBITDA of EUR 1.2 million, with a margin of 19.6% focus reallocated to accelerate AffiliationCloud and • EBITDA of EUR 1.1 million sharpen portfol
Slide 15: Q&A
RAKETECH Q&A
Slide 16: www.raketech.com
www.raketech.com
Slide 17: Thank you!
RAKETECH Thank you!
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