Chart 12 : Raketech NDCs Q220-Q222 ( 000s )
Other Europe 25.5 %
Source : company reports
Affiliate Monitor
18
The rest of the sector reviewed
Chart 9 : Raketech revenue Q220-Q222 (€ m )
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12
RAKETECH Q2 REVIEW
11
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11.8 |
11.3 |
THE STATE OF PLAY
Raketech broke its run of five quarterly increases in revenue in the second quarter as the summer sporting lull affected traffic and sign-ups for its US-facing sports betting sites .
The company has gone through a transformation in the past two years through M & A . The deals in the US to buy American Gambler as well as other assets via the purchases of QM Media and ATS Consultants helped drive quarterly revenues into the double-digit millions of euros ( Chart 9 ) while its geographic earnings footprint has been significantly altered ( Chart 10 ).
As can be seen , Raketech has a much more geographically diverse revenue stream than two years ago , when going on 90 % of its income came from the Nordics . This region was worth 46.6 % of total revenue in the second quarter versus 12 % in the US , 6 % in the rest of Europe and 35.4 % in the rest of the world where the company says that Japan looms large .
10
Chart 9 : Raketech revenues Q220-Q222 (€ m )
€ m € m
13 |
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9 |
8.8 |
12.7 |
8.5 |
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12
8
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8.3 |
11.8 |
7.4 |
11.3 |
11 |
7 |
7 |
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10 |
Q220 |
Q320 |
Q420 |
Q121 |
Q221 |
Q321 |
Q421 |
Q122 |
Q222 |
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9.6 |
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Source 9 : company reports 8.8
8.5 8.3
8
Chart 10 : Raketech revenue by geography
7.4
(%) 7 7
Q220 Q320 Q420 Q121 Q221 Q321 Q421 Q122 Q222
Chart 10 : Raketech revenue by geography (€ m )
Rest of world 35.4 %
Rest of world 35.4 %
Geographic split
Geographic split
US 12.0 % Rest of Europe 6.0 %
US 12.0 % Source : company reports
Rest of Europe 6.0 %
Source : company reports
Nordics 46.6 %
Nordics 46.6 %
Chart 11 : Raketech revenue by type (%)
Chart 11 : Raketech revenue by type Q222 (%)
Tips / subscription 9.4 %
9.6
A FAMILIAR PATH |
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Raketech ’ s path is a well-worn one in the affiliate space . The specifics of its business are slightly different to the market leaders , however , with its acquisition of the American Gambler affiliate network business . In the second quarter , Raketech derived nearly 18 % from |
Network 17.9 % |
Revenue type |
Af�liation marketing 72.7 % |
iGB Affiliate Monitor |
Source : company reports |
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