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21
Chart 9 : Raketech revenue progression Q319-Q221 (€ m )
9.0
8.8
8.5
8.0
8.5 8.3
7.5 7.4
£ m
7.0 7
6.5 6.45
6.5
6.0
5.5
6 |
5.9 |
|
5.7 |
|
|
|
|
|
|
|
|
Q119 |
Q219 |
Q319 |
Q419 |
Q120 |
Q220 |
Q320 |
Q420 |
Q121 |
Q221 |
Chart Source : company 10 : reports Raketech quarterly NDCs
60000 55000 50000 45000 40000
40847
52344
46389
39874
35000 30000 25000 20000 15000 10000 5000 0
34839 |
32278 |
26782 |
28002 |
|
|
|
|
|
|
Q319 |
Q419 |
Q120 |
Q220 |
Q320 |
Q420 |
Q121 |
Q221 |
Source : Company reports revenue are also on the rise and are now between 8-12 % of the total . The report noted that the US revenues would be “ more volatile ” due partly to their seasonality and also to the prevalence of CPA deals over revenue share . As is apparent from the other results statements from competitors , this is a lesson being learnt across the sector .
Between them the new acquisitions will add circa € 6m of revenue this year . Both are already adding free cash flow “ from day one .”
In particular , the QM Media deal brought with it the Picks & Parlays subscription tipster site and Mühlbach said the company was looking to add “ affiliate revenue eyes ” to that business . “ There is huge upside , but it is hard to quantify right now ,” he added .
With the company ’ s existing CasinoFeber offering , which previously had been the subject of unwelcome attention from recent Google algorithm changes , Mühlbach said the business was now “ back to where we were before the Google updates ,” which is likely a good outcome .
October 2021