Raketech Group Holding Plc · OMXSTO:RAKE
Raketech — Q4 2021 Earnings Presentation
17 slides from Raketech's earnings presentation, Feb 16, 2022
Slide 1: Q4 Report Presentation
RAKETECH Q4 Report Presentation
Slide 2: Q4 2021 agenda and presenters
Q4 2021 01. Highlights 02. Financials Q4 2021 03. Key takeaways 04. Q&A Oskar Mühlbach Måns Svalborn Chief Executive Officer Chief Financial Officer
Slide 3: Q4 Financial highlights
3 Q4 Financial highlights - ATH REVENUES AND STRONG PROFITABILITY 11.8m 5.4m • Revenue All Time High REVENUE EBITDA • Strong margin at 46% Y +40% Y +50% • Earnings stable at new and higher levels Q +23% Q +23% • OUTLOOK January - revenues EUR 4.5m • High sports activity in the US +12.5% 0.07 • Q1 no
Slide 4: Q4 Operational highlights
4 Q4 Operational highlights - SOLID NORDIC POSITION WHILE REVENUES ELSEWHERE DOUBLE • Sports revenue up 150% YoY 22% 46% • Non-Nordic revenues up 155% YoY SPORTS NON-NORDIC • Subscription revenues 6% of group total Up from 13% last year Up from 25% last year • Local US Business unit established with
Slide 5: Long term operational strategic goals
5 Long term operational strategic goals Consumer facing Q1 2022 • TV-sportsguide • 30-35% sports expected • Tipster services • Europe 55% • Slotsjava in Q1 • Comparisons • US 20% • Casinoguide • (goal including finance • Forums/communities • ROW 25% • Casinofeber vertical) • Free2Play • Winnersandwh
Slide 6: Tactics for 2022
6 Tactics for 2022 Maximize US potential Incremental revenues from extending • Affiliation to complement subscriptions network offering full roll out • Use Raketech tech platform to extend • Full scale local commercial and product Network subaffiliation to more organic organization affiliates • Rake
Slide 7: Financials Q4 2021
RAKETECH Financials Q4 2021
Slide 8: Revenue development
8 Revenue development +40% 14,000 • Revenues at a new all-time high (again) 12,000 • Stable performance in Sweden YoY and 23% positive seasonality QoQ 10,000 • Casumba (JP) still showing positive 10% development 6% 8,000 15% -2% • Infinileads acquisition growing 9% 16% 7% 5% • Network (sub-affiliati
Slide 9: Strong growth, high margins and solid cash conversion
9 Strong growth, high margins and solid cash conversion Adj. EBITDA and margin LTM EBITDA and Cash conversion Adj. EBIT and EPS €m €m €m 0.07 46% 93% 94% 3.7 5.4 16 46% 102% 109% 0.05 103% 14 43% 4.4 108% 13 0.05 39% 13 2.7 39% 12 40% 3.6 3.4 10 2.3 3.2 0.03 0.03 0.03 2.9 1.6 1.6 1.5 Q3-20 Q4-20 Q1-
Slide 10: NDC development
10 NDC development Q4 2020 vs. Q4 2021 Q3 2021 vs. Q4 2021 50,000 50,000 40,000 40,000 30,000 30,000 20,000 20,000 10,000 10,000 0 0 Q4 2020 Q4 2021 Q3 2021 Q4 2021 • Active strategy to focus on brands that generate high • Strong NDC growth from recent European Casino asset value leads acquisition •
Slide 11: Widened geo footprint, well balanced portfolio and revenue split
11 Widened geo footprint, well balanced portfolio and revenue split Geographic diversification Vertical split Revenue split Significant presence on 3 150% growth in absolute terms Well balanced revenue split continents for sports YoY 0% 0% 0% 0% 6% 2% 1% 17% 16% 15% 12% 17% 15% 16% 17% 25% 22% 17% 3
Slide 12: Cash flow bridge Q3 2021 vs. Q4 2021
12 Cash flow bridge Q3 2021 vs. Q4 2021 2 3 3,505 3,205 1 1 2 3 Strong operational cash flow driven by Acquisition of A.T.S. Consultants Full utilization of credit facility with higher profitability and earnouts Avida
Slide 13: Adj. EBITDA-margin Q3 2021 vs. Q4 2021
13 Adj. EBITDA-margin Q3 2021 vs. Q4 2021 46.0% 2 2 1 2 1 2 Lower relative share of Network sales Growth in high margin assets somewhat improve Group margin offset by the addition of US subscription which operates with slightly lower margin
Slide 14: Key takeaways
14 Key takeaways Financials Outlook and way forward • Revenues of EUR 11.8m, (ATH) • 40% growth YoY and 23% QoQ • January revenues EUR 4.5m and EBITDA • Organic growth 12.5% YoY margin at 41% • EBITDA of EUR 5.4m • US sports expected to increase as ATS is • EBITDA Margin at 46% fully consolidated an
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 2021 Earnings Presentation on 6ix