iGB Affiliate Monitor July 2023 | Page 21

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Chart 11 : Raketech revenue Q221-Q123 (€ m ) is sustainable in the long term .”
Source : company reports
18
16
14
15.7
15.8
12.7
13
12
11.8
11.3
10
9.6
8.8
8
6
4
2
0
Q221
Q321
Q421
Q122
Q222
Q322
Q422
Q123
Chart 12 : Raketech geographic revenue breakdown Q123
Nordics (%) 36.74 %
Rest of world (%) 47.67 %
Rest of Europe (%) 3.57 % US (%) 12.02 %
Chart 13 : Raketech NDCs Q221-Q123
60,000
55,000
54,846
52,295
50,000
45,000
42,726
40,000
40,964
39,552
35,000 30,000 25,000 20,000 15,000 10,000 5,000 0
34,839
35,523
33,776
Q221
Q321
Q421
Q122
Q222
Q322
Q422
Q123
While he was careful not to give away the secret to competitors , he gave an overview of what Raketech has managed recently with its CasinoFeber site .
“ We are beta-testing a completely new platform , which we hope to release later this year ,” he told the analysts . “ The platform will allow additional features and functions as well as provide a more efficient way of running the product while also collecting more granular and precise data . In parallel , we are working on taking our free-to-play slots product , SlotsJava , to the US , which is also planned for later this year .”
Both the affiliation and subaffiliation businesses contributed to the NDCs number , which was up 54 % to 55k . Despite the strength , chief finance officer Måns Svalborn said the variations of NDC “ will not perfectly correlate with overall revenue development ”.
“ NDC is one of the metrics we ’ re looking at when evaluating performance , but [ it ] needs to be assessed in combination with product , market and sales mix , as well as overall estimated player values ,” Svalborn added .
Despite April starting the quarter well , Mühlbach also warned that the seasonally slower summer period would have an impact on the quarter as a whole .
July 2023