Raketech Group Holding Plc · OMXSTO:RAKE
Raketech — Q3 2023 Earnings Presentation
14 slides from Raketech's earnings presentation, November 2023
Slide 1: Q3 2023 Report Presentation
RAKETECH Q3 2023 Report Presentation
Slide 2: Q3 2023 Agenda
2 Q3 2023 01. Highlights and business update 02. Financials Q3 2023 03. A detailed plan regarding earnouts in Casumba 04. Key takeaways 05. Q&A Oskar Mühlbach Måns Svalborn Chief Executive Officer Chief Financial Officer
Slide 3: Q3 Financial highlights
3 Q3 Financial highlights - A STRONG QUARTER IN LINE WITH PREVIOUSLY INCREASED TRADING UPDATE • All time high group Revenues • 264% growth from Sub-affiliation totaling EUR 11.1m 21.5m • 10% growth from high margin Affiliation marketing REVENUE Y +65.8% totaling EUR 9.5 million Q +22.1% • All growth
Slide 4: Q3 Operational highlights
4 Q3 Operational highlights Affiliation marketing Sub-affiliation Betting tips and advice Performance marketing and lead generation Saas and managed solutions for administration, data Consumer services, tailored sports data insights, provided for operators via Raketech owned assets. analytics, repor
Slide 5: Growth plan highlights
5 Growth plan highlights ✓ First ever Cricket World Cup marketing packages for OCB ✓ Unique AI Picks Product launched for Winners & Whiners in the US. Over 3000 signups FLAGSHIPS within first month. ✓ Casinofeber.se first ever radio commercials in Sweden, direct traffic up over 50% ✓ Local key indiv
Slide 6: Financials Q3 2023
RAKETECH Financials Q3 2023
Slide 7: Accelerated growth
7 Accelerated growth Revenue streams EUR million +65.8% 25 • Affiliation marketing represents 44% of total revenues in 0.9 Q3. The quarter saw continued strong performance from 20 +34.9% Casumba, somewhat softer performance from Sweden 1.0 and stable in other regions. 15 1.9 1.4 11.1 6.3 1.3 3.5 3.6
Slide 8: Well balanced market mix with increased casino share
Well balanced market mix with increased casino share Region split Vertical split EUR million EUR million 100% 0.3 100% 1.0 1.3 1.1 0.8 1.3 1.5 2.4 1.9 1.1 90% 2.4 0.7 90% 1.6 3.4 3.1 0.7 2.6 3.2 3.8 0.7 0.7 0.6 4.2 0.7 4.3 3.5 80% 0.7 80% 2.6 70% 3.8 70% 4.5 9.3 4.0 8.4 60% 4.2 6.1 7.5 US 60% Other
Slide 9: EBITDA growth with increasing cash flow
9 EBITDA growth with increasing cash flow EBITDA and margin quarterly Cash flow quarterly (ex dividends) EUR million +16.5% EUR million 6.3 6.1 5.5 5.6 5.4 5.1 Free cash flow 4.8 4.8 expected to catch 4.1 up in Q4 3.8 3.2 42.7% 46.0% 40.1% 33.6% 37.1% 40.3% 38.7% 31.1% 26.1% 2.7 Three acquisitions 2
Slide 10: Casumba earnout coming to an end
10 Casumba earnout coming to an end Estimated earnout settlements EUR million Operating cash flow 25 currently at EUR 22-24m • Majority of earnout determined, with only 2024 2025 2026 20 cash flow positive profit share remaining Estimated Free cash flow earnout to settle 17m 9m 20m* • Current cash f
Slide 11: Key takeaways and outlook
11 Key takeaways and outlook ”A strong quarter in line with previously increased financial guidance.” Financials Outlook and way forward • ATH revenues, EUR 21.5m • October revenues EUR 7.7m • Strong organic growth, +66% Y/Y • Confident with Casumba Earnout • Strong EBITDA, EUR 5.6 million, +16.5% Y
Slide 12: Q&A
RAKETECH Q&A 12
Slide 13: www.raketech.com
www.raketech.com
Slide 14: Thank you!
RAKETECH Thank you!
Raketech Group Holding — Q3 2023 Earnings Presentation on 6ix