August 14, 2024
Raketech Plc seeks to stabilise its financial performance, following a ‘challenging period’ for its business impacted by Google changes and a downturn in the performance of its Casumba media assets. Publishing its Q2 accounts, the Nordic Nasdaq igaming media publisher reported a 3% decline in corporate revenues to €17m. The decline in income was attributed to Raketech registering a 25% …
Read More »May 15, 2024
Raketech Plc cites that it has encountered ‘unexpected challenges’ at the start of 2024 trading, impacting the firm’s earnings and profit performance. A tough opening to 2024 trading saw Raketech post ‘weaker earnings’, as the media group countered softer performance in Sweden and Casumba assets following the Google Core update during the quarter. Compounding Q1 headwinds saw Raketech register a …
Read More »February 21, 2024
Raketech Plc has delivered on elevated targets for 2023, bolstered by the expansion of its media network and partnerships. Publishing its Q4 trading results this morning, the Nasdaq OMX-listed igaming media group registered period revenues of €22.7m, up 45% on Q4 2022 comparatives of €15.8m. Headline growth was credited to a threefold jump in sub-affiliate income totaling €11.4m (50% of …
Read More »August 17, 2023
Raketech Plc cites confidence in achieving its full-year 2023 financial and corporate objectives, following record-breaking Q2 results. Publishing its latest trading update, Raketech sees its media network achieve all-time high quarterly revenue of €17.6m. The revenue result reflects a 56% increase on 2022 Q2 comparatives of €11.3m. The Nordic Nasdaq media group underscored “an organic growth of 56.0%” combined with …
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