Raketech Group Holding Plc · OMXSTO:RAKE
Raketech — Q3 2021 Earnings Presentation
19 slides from Raketech's earnings presentation, November 2021
Slide 1: Q3 Report Presentation
RAKETECH Q3 Report Presentation
Slide 2: Presenters
Presenters Oskar Mühlbach Måns Svalborn Chief Executive Officer Chief Financial Officer
Slide 3: Agenda
3 3 Agenda 01. Highlights 02. Financials Q3 2021 03. Key takeaways 04. Q&A
Slide 4: Q3 Financial highlights
4 Q3 Financial highlights - STRONG ORGANIC GROWTH AND ATH REVENUES 9.6m 4.4m • Revenue All Time High Adj. EBITDA REVENUE • Strong growth within Swedish portfolio • Casumba (JP) continues to deliver growth Y +30% Y +51% • Increased margin from Network (sub-affiliation), Q +10% Q +31% but slight reven
Slide 5: Q3 Operational highlights
5 Q3 Operational highlights - WELL POSITIONED AND DIVERSIFIED 40% 1% • ATH Non-Nordic share Non-NORDIC SUBSCRIPTION • US subscription revenues added Up from 20% last year, New US revenue stream. • Significant presence in Southern Europe and India despite strong growth in (End user subscriptions) Swe
Slide 6: Acquisition A.T.S. Consultants - highlights
6 Acquisition A.T.S. Consultants - highlights Basics 5.5m 35% • Sports betting tips/picks • Game and sports insights • User subscription revenues, 750k users in database EUR REVENUE APPR. MARGIN • 6m unique visitors per year, US multistate Rational • US is a growth/strategic market • Raketech affili
Slide 7: Acquisition – short to mid term group effect
7 Acquisition – short to mid term group effect 20% 55% +50m EUR ANNUAL • Organic growth position in the US US rev NON-Nordic REVENUE • Operational and commercial synergy opportunitites • Strong central ability to help scale single assets and markets • Strong and diversified asset portfolio Well dive
Slide 8: Financials Q3 2021
RAKETECH Financials Q3 2021
Slide 9: Revenue development
9 Revenue development +30% 12,000 • Revenues at a new all time high (again) 10,000 • Sweden growing YoY and QoQ 10% • Casumba (JP) still showing positive 8,000 15% -2% 6% development 9% 5% • Network (sub-affiliation) sales just above 16% 7% 22% of total revenues 6,000 -15% 12% 23% -12% 5% -2% • Acqu
Slide 10: Strong growth, high margins and solid cash conversion
10 Strong growth, high margins and solid cash conversion Adj. EBITDA and margin LTM EBITDA and Cash conversion Adj. EBIT and EPS €m €m €m 94% 0.05 46% 102% 103% 109% 14 0.05 2.7 4.4 43% 39% 13 39% 106% 108% 13 2.3 12 40% 3.6 40% 3.4 0.03 0.03 3.2 10 10 0.03 0.03 2.8 2.9 1.6 1.6 1.5 1.5 Q2-20 Q3-20 Q
Slide 11: NDC development
11 NDC development Q3 2020 vs. Q3 2021 Q2 2021 vs. Q3 2021 60,000 60,000 50,000 50,000 40,000 40,000 30,000 30,000 20,000 20,000 10,000 10,000 0 0 Q3 2020 Q3 2021 Q2 2021 Q3 2021 • The implementation of the temporary Swedish • QoQ growth in Sweden and through Casumba gambling restrictions of last ye
Slide 12: Widened geo footprint, well balanced portfolio and revenue split
12 Widened geo footprint, well balanced portfolio and revenue split Geographic diversification Vertical split Revenue split Significant presence on 3 90% growth in absolute terms US subscription revenues continents for sports YoY added 0% 1% 2% 0% 0% 3% 17% 16% 17% 15% 20% 11% 12% 17% 15% 16% 18% 25
Slide 13: Cash flow bridge Q2 2021 vs. Q3 2021
13 Cash flow bridge Q2 2021 vs. Q3 2021 2 5,467 3 1 3,505 1 2 3 Strong operational cash flow driven by Acquisition of QM Media and First utilization of credit facility with higher profitability Infinileads and earnouts Avida
Slide 14: Adj. EBITDA-margin Q2 2021 vs. Q3 2021
14 Adj. EBITDA-margin Q2 2021 vs. Q3 2021 46.0% 2 2 1 1 2 Lower relative share of Network sales Growth in high margin assets and improve Group margin addition of QM media and Infinileads push overall margin
Slide 15: Key takeaways
RAKETECH Key takeaways
Slide 16: Key takeaways
16 Strategic goals ◉ Presence on 3 continents Key takeaways ◉ 4-5 Flagship assets ◉ 4-6 product categories ◉ <60% from single vertical Financials Outlook and way forward • Revenues of EUR 9.6m, which is all time high • 30% growth YoY and 10% QoQ • October revenues EUR 3.8m and EBITDA • Organic growt
Slide 17: Q&A
RAKETECH Q&A 7
Slide 18: www.raketech.com
www.raketech.com
Slide 19: Thank you!
RAKETECH Thank you!