Q4 report: Raketech records $16.7m in revenue

In line with our previous projection， total revenue increased by 37% to €52.6m for the entire year.

This growth from sub-affiliation and affiliation marketing assets contributed to 23% organic growth. Sports income made up €4.2m， or 27% of overall earnings.

As predicted， adjusted EBITDA increased from the previous year to €6.3m， while the adjusted EBITDA margin fell from 46.0% to 40% because of market changes and product mix.

In the interim， shareholders will receive the board-approved dividend of €0.094 per share.

The Board has chosen to replace the present financial targets with near-term guidance for revenues， EBITDA and free cash flow to reflect Raketech's current business.

For 2023， Raketech expects sales， excluding acquisitions， will reach €60–65m，Casino games driven by strategic growth objectives. EBITDA is expected to be between €20m and €24m.

As a result of Raketech acquiring Casinofeber and Infinileads after the earnout period ended， operational costs of about €2m for the year are included.

With the combination of Casinofeber and Infinileads， free cash flow is expected to grow significantly to approximately  €11–13m， including roughly €6m.

Additionally， revenue was €5.0m in January 2023.

Oskar Muhlbach， Raketech CEO， said: “With our diversified portfolio within affiliation marketing， sub-affiliation and betting tips & subscriptions， we believe we are well-positioned to capture the many opportunities presented by the rapidly growing global digital gambling market.”

Fellow affiliates Catena Media and Better Collective also published their financial reports earlier today.