Raketech Group Holding Plc · OMXSTO:RAKE
Raketech — Q4 2025 Earnings Presentation
17 slides from Raketech's earnings presentation, Feb 19, 2026
Slide 1: Q4 2025 Report Presentation
RAKETECH Q4 2025 Report Presentation
Slide 2: Q4 2025 Agenda and Presenters
Q4 2025 01. Highlights 02. Financials Q4 2025 03. Key takeaways 04. Q&A Johan Svensson Måns Svalborn Chief Executive Officer Chief Financial Officer
Slide 3: Q4 Financial Highlights
3 Q4 Financial Highlights Continued Execution of Our Platform-First Strategy • Casumba divestment: First quarter without Casumba. To date EUR 0.4m • received of total EUR 12m consideration Continued operations: Revenue EUR 5.7m (-45.5% y/y, -7.3% q/q). Weak 5.7m REVENUE start, stronger December afte
Slide 4: Q4 Performance by business area
4 Q4 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: AffiliationCloud – Scaling Our Platform-First Commercial Infrastructure
AffiliationCloud – Scaling Our Platform-First Commercial Infrastructure SubAffiliation – Scalable, Capital-Light Model Enhancing diversification while maintaining platform control AffiliationCloud used by all Expanding automation Bundling traffic and Raketech Owned Publishers, and functionality in 2
Slide 6: Exclusive Commercial Operator Agreement
Exclusive Commercial Operator Agreement $$ $ $$$ Publishers 1 Publishers 2 Operator Publishers 3 Publishers 4
Slide 7: Exclusive Publisher Agreement
Exclusive Publisher Agreement $$ $ $$$ Exclusive Publisher Operator 1 Ad 1 Operator 2 Ad 2 Ad 3 Operator 3
Slide 8: Raketech Owned Publishers Driving Engagement & Resilience
Raketech Owned Publishers Driving Engagement & Resilience Go-To Product Authoritative Event-Driven Focus Content Sports Scaling Expansion Strengthening core Launch of Casinofeber TVmatchen Sport brands and sharpening Media covering listed adding deeper pre- product positioning to operators, regulati
Slide 9: Financials Q4 2025
RAKETECH Financials Q4 2025
Slide 10: Improved performance at the end of the quarter, post Google core update
10 Improved performance at the end of the quarter, post Google core update 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% 0,8 0,6 0,5 0,7 0,7 90% 0,4 0,4
Slide 11: Stable flat fee sales
11 Stable flat fee sales Revenue mix (Excluding Casumba) Vertical split (Excluding Casumba) EUR Revenue share CPA Flat fee Betting subscr. million 12 100% 90% 2,4 2,1 1,8 10 0,6 2,2 2,1 80% 1,6 70% 8 0,3 60% 1,7 Sport 0,1 6 0,0 50% 4,9 1,6 1,6 Casino 2,8 1,5 40% 8,1 6,1 4,4 4 1,7 4,6 1,5 30% 3,6 1,3
Slide 12: Realising cost savings
12 Realising cost savings Adj. EBITDA quarterly (Excluding Casumba) Cost development (Adjusted and Excluding Casumba) EUR million EUR million 2,0 5,0 1,7 4,5 4,0 1,1 1,5 1,4 1,1 1,3 3,5 1,1 1,2 1,1 1,1 3,0 1,0 1,0 2,5 1,8 1,5 1,4 2,0 1,4 1,3 1,5 0,5 1,0 1,7 1,7 1,6 1,3 1,2 0,5 0,0 0,0 Q4-24 Q1-25 Q2
Slide 13: Stable Cash Conversion
13 Stable Cash Conversion EBITDA and Free Cash Flow before earnouts quarterly EUR million Earnout settlements Including Casumba • 0.4 million earnout payment in Q4 • Remaining earnout, partial instalments up until March 2028 2,1 2,0 1,7 1,8 1,7 Deferred payments Casumba Disposal • Fixed consideratio
Slide 14: Key takeaways and outlook
14 Key takeaways and outlook Financials Business Outlook • Revenue of EUR 5.7m in Q4 2025 (continued operations, excluding • Continued execution of the platform-first strategy, Casumba) with AffiliationCloud as a driver • Adjusted EBITDA of EUR 1.1m, margin of 18.8%, reflecting continued cost discip
Slide 15: Q&A
RAKETECH Q&A
Slide 16: www.raketech.com
www.raketech.com
Slide 17: Thank you!
RAKETECH Thank you!
Raketech Group Holding — Q4 2025 Earnings Presentation on 6ix