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Raketech Group (RAKE) investor relations material
Raketech Group Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Divested Casumba/Kasumba assets for EUR 12 million due to increased regulatory risk, with payments over four years through December 2029; fair value at closing was EUR 7–7.2 million.
Q3 2025 revenue from continued operations (excluding Casumba/Kasumba) was EUR 6.2 million, down 42.2% year-on-year and 9.6% sequentially, mainly due to Paid Publisher Network decline.
Adjusted EBITDA for continued operations was EUR 1.2 million (margin 19.6–20%), with reported EBITDA at EUR 1.1 million.
Strategic focus shifted to AffiliationCloud platform, exclusive publisher/operator agreements, and US expansion, supported by a minority investment in a US sports betting publisher.
Affiliation Marketing (own publishers) remained stable, supported by Nordic assets, while organic network showed strong growth.
Financial highlights
Free cash flow reached EUR 1.1 million in Q3.
Affiliation Marketing accounted for 69% of Q3 revenues; SubAffiliation 31%.
Cost base down 27% year-on-year (excluding publisher costs); further reductions expected.
Net interest-bearing debt at EUR 22.8 million, down 19.4% year-on-year.
Earnings per share from continuing operations: EUR 0.001.
Outlook and guidance
Management focus on expanding AffiliationCloud and exclusive partnerships, especially in the US and Sweden.
Preliminary October data: own publisher revenues slightly below Q3, but external/organic publishers gaining momentum.
December typically stronger than start of Q4 due to seasonality.
Confident in strategic direction prioritizing scalable tech, exclusive partnerships, and balanced publisher mix.
The Casumba sale consideration is EUR 12M. Why is its fair value only EUR 7M?
How do exclusive publisher agreements impact margins?
Explain October's revenue trend for owned publishers
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Next Raketech Group earnings date
Q4 202519 Feb, 2026
Next Raketech Group earnings date
Q4 202519 Feb, 2026
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Frequently asked questions
Raketech Group Holding PLC operates as an online affiliate and performance marketing company worldwide. It offers portfolio services that include content, lead generation, search engine optimization and social media optimization, as well as sales and customer support activities; liquidity management solutions comprising white-label platform solutions and campaign management solutions; managed service solutions, such as the provision of marketing and collaboration services; data monetization services that include analysis of large user or bettor data sets to unlock insights applicable to the clients' marketing operations; and co-venture solutions under which Raketech manages client's existing assets or creates new ones on a revenue share or fixed price arrangement business models. Raketech Group Holding PLC was founded in 2010 and is headquartered in Gzira, Malta.
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