“The first quarter of 2022 was yet another revenue record for
Q1 2022 FINANCIAL HIGHLIGHTS
- Revenues totalled
EUR 12.7 million( EUR 8.3 million).
- US revenues amounted to
EUR 2.4 million( EUR 0.5 million), representing an increase of 379.9%.
- Sports revenues amounted to
EUR 4.3 million( EUR 1.4 million), corresponding to 34.2% (17.0%) of total revenues.
- Organic growth amounted to 6.8% (5.4%).
- EBITDA amounted to
EUR 5.1 million( EUR 3.2 million), corresponding to a margin of 40.1% (38.7%).
- Earnings per share after dilution amounted to
EUR 0.05( EUR 0.03).
Q1 2022 OPERATIONAL HIGHLIGHTS
- Continued strong growth for Infinileads and QM Media, once again showingcasing our ability to grow acquisitions by exchanging best practices, optimizing commercials, and providing access to central BI/Analytics and tech resources and infrastructure.
- Inhouse development “Affiliation Cloud”, a login one-stop-shop providing external affiliates with competitive commercials, a performance marketing media library and site performance and comparison analytics.
SUBSEQUENT EVENTS AFTER THE END OF THE PERIOD
Clare Boyntonand Pierre Cadenanominated to join Raketech’s Board of Directors
- Revenues in
April 2022amounted to EUR 3.8 million( EUR 2.8 million).
CEO OSKAR MÜHLBACH COMMENTS ON THE QUARTER
Total revenues amounted to
Margins from our more mature and/or casino dominated markets continued to be comfortably strong, at 47%, but with the sports and investment heavy US market making almost 20% of the group total we, as expected saw group margins, declined slightly from previous quarter, however increasing year over year, thanks to benefits of scale.
I am furthermore pleased to see that our previous 2021 acquisitions, QM media and Infinileads, targeting markets such as
During the quarter we have however also seen headwinds, particularly in
Generally speaking Q1 of 2022,
With regards to other growth investments, I am excited to present our latest growth business area, developed inhouse; “Affiliation Cloud”. This is a unique single login one-stop-shop, which to the affiliates provides world class competitive commercials, automatically sorted and top lists based on user optimize data, and a performance marketing media library, access to unique site performance and comparison data powered analytics by Raketech’s full portfolio of websites across the globe. To the operators the Affiliation Cloud provides easy access to a world of vetted, compliant, and highquality affiliates, saving both time and money, while improving marketing efficiency. Currently we are beta testing the Affiliation Cloud, and we expect to roll it out full scale during H2 2022 and we project it to add at least
April revenues totaled
Finally, I want to emphasize that I am very happy with the position we are in. We have a solid footprint on the most important growth markets in the world, the transformation from offline to online within iGaming is quicker than ever, affiliation as a marketing solution is more relevant than ever and we have a great global portfolio of assets and a organization in place in the most important growth market in the world, the US. All this, in combination with the launch of Affiliation Cloud, basically making our proprietary technology available for external affiliates,
LINK TO REPORT
The full Interim Report is available on https://raketech.com/investors/
Link to the presentation: https://tv.streamfabriken.com/raketech-q1-2022
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