Raketech Group Holding Plc · OMXSTO:RAKE
Raketech — Q1 2025 Earnings Presentation
17 slides from Raketech's earnings presentation, May 7, 2025
Slide 1: Q1 2025 Report Presentation
RAKETECH Q1 2025 Report Presentation
Slide 2: Q1 2025 Agenda
Q1 2025 01. Highlights 02. Financials Q1 2025 03. Key takeaways 04. Q&A Johan Svensson Måns Svalborn Chief Executive Officer Chief Financial Officer
Slide 3: Q1 Financial Highlights
3 Q1 Financial Highlights Driving Long-Term Value Through a Platform-First Strategy, and Enhanced Financial Flexibility Q1 2025 9.8m • Group revenue: EUR 9.8 million in Q1, decrease of -48.8% yoy (-46.3% adj. for Advisory divestment) • Adjusted EBITDA: EUR 2.4 million in Q1 (-52.6% yoy) • EBITDA: EU
Slide 4: Q1 Performance by business area
4 Q1 Performance by business area Betting tips and Affiliation Marketing SubAffiliation subscription 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. analy
Slide 5: Platform-First: AffiliationCloud Supports Growth Through Strategic Focus and Leaner Operations
5 Platform-First: AffiliationCloud Supports Growth Through Strategic Focus and Leaner Operations Platform-first Platform-first - AffiliationCloud Scalable, data-driven platform powering sustainable growth and AffiliationCloud strategic flexibility Compliance Negotiation Distribution Data Payment • A
Slide 6: Exclusive Commercial Network Agreements with Operators
6 Exclusive Commercial Network Agreements with Operators SubAffiliation Exclusive Commercial Network Agreements and Publisher Expansion Exclusive Commercial Network Traditional affiliate operations Fuel 2025 Momentum Agreement Operator Operator • Four exclusive commercial agreements with operators l
Slide 7: Affiliation Marketing - Entrepreneurial partnerships
7 Affiliation Marketing - Entrepreneurial partnerships Affiliation Marketing Products Functions Entrepreneurial Partnerships Enhance Turnaround and Growth Potential • Four new entrepreneurial partnerships launched, driving scalable growth through SEO Content Sales Finance Raketech-owned assets opera
Slide 8: Financials Q1 2025
RAKETECH Financials Q1 2025
Slide 9: Excluding Casumba, affiliation assets stable, adjusted for seasonality
9 Excluding Casumba, affiliation assets stable, adjusted for seasonality Revenue streams Region split EUR Affiliation marketing SubAffiliation Betting tips & Subscription Nordics Rest of world Rest of Europe US million 25 100% 1.3 1.1 2.1 1.8 1.4 0.9 0.8 0.6 1.9 1.1 0.4 0.4 1.7 90% 0.7 0.8 0.8 1.1 0
Slide 10: CPA variations primarily from SubAffiliation
CPA variations primarily from SubAffiliation Revenue mix Vertical split EUR Revenue share CPA Flat fee Betting subscr. million 25 100% 3.1 3.5 2.4 90% 3.4 4.3 3.4 2.4 2.1 1.7 3.8 0.9 80% 20 2.6 2.2 1.2 70% 1.0 2.4 1.1 15 1.4 2.7 60% Other 2.6 2.3 0.6 50% Sport 11.9 12.5 0.6 9.1 2.6 2.3 18.4 10 8.0 4
Slide 11: Realized cost savings
11 Realized cost savings -34% 7.0 1.3 1.4 6.0 1.2 1.1 5.0 1.1 • Headcount (employees and contractors) decreased with 41% from Q1 2024 1.3 4.0 2.9 1.2 • Overall decreased cost base (excluding publisher costs) of 2.9 3.2 Other Direct Costs 2.7 34% from Q1 2024 2.5 Other Operating Costs • An effect of
Slide 12: Free cash flow broadly in line with EBITDA
12 Free cash flow broadly in line with EBITDA Free cash flow quarterly, before earnouts and EBITDA and margin quarterly acquisitions EUR million EUR million 6.5 6.1 6.0 5.5 5.6 Adjusted 5.6 5.2 5.1 5.0 4.3 4.4 3.8 3.1 3.2 3.2 2.7 2.4 38.7% 31.1% 26.1% 26.3% 26.7% 25.8% 24.1% 26.2% 24.6% 1.7 1.7 Q1-2
Slide 13: Revised terms for upcoming earnouts
13 Revised terms for upcoming earnouts Enhances our financial flexibility, with an ambition to repay the earnout as early as possible Key highlights • The earnout payment period for the Casumba acquisition has been extended to March 2028 • Option to settle part of the final earnout payment in Rakete
Slide 14: Key takeaways and outlook
14 Key takeaways and outlook Financials Business Outlook • Revenues of EUR 9.8 million in Q1 2025 • Continued focus on developing AffiliationCloud into • Adjusted EBITDA of EUR 2.4 million, with a margin of 24.5% a leading commercial platform supporting • EBITDA of EUR 2.1 million Raketech’s assets,
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 — Q1 2025 Earnings Presentation on 6ix