Raketech Group Holding Plc · OMXSTO:RAKE
Raketech — Q1 2022 Earnings Presentation
16 slides from Raketech's earnings presentation, May 2022
Slide 1: Q1 2022 Report Presentation
RAKETECH QI 2022 Report Presentation
Slide 2: Q1 2022 agenda
Q1 2022 01. Highlights 02. Financials Q1 2022 03. Key takeaways 04. Q&A Oskar Mühlbach Måns Svalborn Chief Executive Officer Chief Financial Officer
Slide 3: Q1 Financial highlights
3 Q1 Financial highlights - ATH REVENUES WITH US SPORTS LEADING THE WAY • Revenue All Time High 12.7m 5.1m • Stable organic growth REVENUE EBITDA • Accelerated growth investment Y +53.3% Y +58.6% Q +7.2% Q -6.7% OUTLOOK April - revenues EUR 3.8m • US tipster advisory slow season • Finland stable but
Slide 4: Q1 Operational highlights
4 Q1 Operational highlights - LOWERED RISK AND INCREASED GROWTH OPPORTUNITY THANKS TO DIVERSIFICATION • US revenues increased with 380% YoY >34% >57% • Sports revenues increased with 208% YoY SPORTS NON-NORDIC • Non-Nordic revenues increased with 152% YoY 208% annual growth Up from 35% last year • S
Slide 5: Affiliate Product Innovation of the Year 2021
5 Affiliate Product Innovation of the Year 2021 - A UNIQUE ONE-STOP-SHOP FOR OPERATORS AND AFFILIATES Minimize admin ✓ Standardized tracking ADVERTISERS ✓ Performance dashboards and analytics PUBLISHERS ✓ Aut. Performance and compliance alerts ✓ Aut. Group invoicing ✓ Aut. Integrations and widget li
Slide 6: Tactics for 2022 – status and deliveries
6 Tactics for 2022 – status and deliveries Maximize US potential Incremental revenues from extending • Major affiliation projects initiated, expected network offering effect in H2 and onwards. • AffiliationCloud rolled out • 10% of test site revenues from affiliation • Contribution expected in H2 •
Slide 7: Financials Q1 2022
RAKETECH Financials Q1 2022
Slide 8: Revenue development
8 Revenue development Revenue streams Q1 seasonally lower EUR million quarter for affiliation 14.0 marketing • Revenues at a new all-time high (again) 12.0 6% 17% • Affiliation marketing seasonally lower Q4 vs. Q1 10.0 19% 20% • Seasonally slower quarter in the Nordics as expected 23% • Regulatory h
Slide 9: Revenue diversification
9 Revenue diversification Geographic diversification Vertical split Revenues Revenues EUR 12.7m EUR 12.7m 1% • The Group has significant • Sports grow with 208% presence on 3 continents through US and India 33% 34% acquisitions as well as Revenues Revenues 1% Network sales EUR 8.3m • US representing
Slide 10: NDC development
10 NDC development Q1 2021 vs. Q1 2022 Q4 2021 vs. Q1 2022 50,000 50,000 40,000 40,000 30,000 30,000 20,000 20,000 10,000 10,000 0 0 Q1 2021 Q1 2022 Q4 2021 Q1 2022 • The implementation of the temporary Swedish gambling restrictions still in effect for last year skews • Expected decrease in NDCs as
Slide 11: Cash flow bridge Q4 2021 vs. Q1 2022
11 Cash flow bridge Q4 2021 vs. Q1 2022 Cash conversion 107% 2 3,205 3 2,703 1 1 2 3 Strong operational cash flow driven by Earnouts paid during the quarter Lease and interest payments high profitability
Slide 12: EBITDA-margin Q4 2021 vs. Q1 2022
12 EBITDA-margin Q4 2021 vs. Q1 2022 40.1% 1 • Somewhat lower EBITDA margin in Q2 2 3 due to seasonally lower US revenues 2 coupled with a stable cost base • EBITDA to improve through Q3 and Q4 with seasonal revenue growth leading to an expected EBITDA margin for the full year of lower end of 40-44%
Slide 13: Key takeaways
13 Key takeaways Financials Outlook and way forward • Revenues of EUR 12.7m, (ATH) • 53.3% revenue growth YoY and 7.2% QoQ • April revenues EUR 3.8m and EBITDA • Organic growth 6.8% YoY • Reiterated 2022 guidance • EBITDA of EUR 5.1m (59% growth) • Lower margins expected in Q2 due to • EBITDA Margin
Slide 14: Q&A
RAKETECH Q&A 14
Slide 15: www.raketech.com
www.raketech.com
Slide 16: Thank you!
RAKETECH Thank you!
Raketech Group Holding — Q1 2022 Earnings Presentation on 6ix