Raketech Group Holding Plc · OMXSTO:RAKE
Raketech — Q1 2023 Earnings Presentation
15 slides from Raketech's earnings presentation, May 2023
Slide 1: Q1 2023 Report Presentation
RAKETECH QI 2023 Report Presentation
Slide 2: Q1 2023 Agenda and Presenters
Q1 2023 01. Highlights 02. Financials Q1 2023 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 RECORD REVENUES WITH STRONG EBITDA, DRIVEN BY FAVORABLE MARKET MIX AND SCALE 15.8m 6.1m • All revenue increase is true organic growth REVENUE EBITDA • Affiliation marketing in ROW and Nordics as well as Sub- Y +24.4% Y +20.1% affiliation standing out positively Q +0.6% Q -3
Slide 4: Q1 Operational highlights
4 Q1 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 momentum
5 Growth plan momentum ✓ Casinofeber run internally ✓ Smooth transition FLAGSHIPS ✓ Platform update/change planned Invest in quality, additional features ✓ Improved cash conversion and functions and brand ✓ SlotsJava US versions in the making ✓ OnlineCricketBetting, record IPL US AFFILIATION ✓ New M
Slide 6: Financials Q1 2023
RAKETECH Financials Q1 2023
Slide 7: Strong organic growth for flagship assets and sub-affiliation
7 Strong organic growth for flagship assets and sub-affiliation Revenue streams EUR million 18 16 • Affiliation marketing represents 68% of total revenues in 1.9 1.4 Q1. The quarter saw significant growth in Casumba and 14 continued good performance from larger Nordic assets. 1.3 3.6 12 3.5 2.1 10 1
Slide 8: Geographic and vertical diversification
Geographic and vertical diversification Region split Vertical split EUR million EUR million 18 18 16 1.9 16 14 2.4 0.6 14 3.8 0.7 4.2 12 1.5 2.4 0.7 US 12 1.3 3.2 10 0.7 0.7 4.3 6.1 7.5 Rest of Europe 10 Other 4.5 3.5 8 8 4.2 4.0 Rest of world Sport 6 6 12.0 Nordics 11.5 Casino 4 9.7 4 8.3 7.8 6.3 6
Slide 9: New Depositing Customers (NDC)
9 New Depositing Customers (NDC) NDCs 60,000 • Organic growth for affiliation marketing and sub- affiliation drive continuous stable intake of NDCs 50,000 • NDC development is one of many variables to consider when assessing performance and will 40,000 vary with market and product mix 30,000 20,000
Slide 10: EBITDA build up – stable cost base
10 EBITDA build up – stable cost base EBITDA development Q1 99 Aff. marketing • Growth in high margin affiliation marketing maintains Sub- affiliation high EBITDA margin Betting tips & Subscr. EBITDA 6,105 margin 40.3% EBITDA • Continued stable margin for Sub-affiliation margin 38.7% • Generally sta
Slide 11: Cash flow bridge Q1 2023
11 Cash flow bridge Q1 2023 Cash flow Q1 Cash flow development Q1 • Strong operational cash flow (100% cash conversion) • EUR 4.2m settled in earnouts • Final earnout settled for CasinoFeber • Earnouts settled for ATS and Casumba Free cash flow guidance 9,419 • Full year free cash flow guidance of E
Slide 12: Key takeaways and outlook
12 Key takeaways and outlook ”A solid start of the year, with stronger margins and cash flow.” Financials Outlook and way forward • Revenues of EUR 15.8m • April revenues EUR 5.9m • 24.4% revenue growth YoY • Double down on US affiliation • All growth is organic • All Casinofeber cash flow available
Slide 13: Q&A
RAKETECH Q&A 13
Slide 14: www.raketech.com
www.raketech.com
Slide 15: Thank you!
RAKETECH Thank you!
Raketech Group Holding — Q1 2023 Earnings Presentation on 6ix