Raketech Plc has registered record trading results, lauding the growth of its publishing network, servicing multiple geographies and helping offset dependence on Nordic markets. Publishing its Q2 2021 trading update, Raketech registered group revenues of €8.8 million, up 25% on corresponding 2019 results of €7 million. Q2 revenue growth was maintained despite Raketech recording a 15% decrease in new depositing …
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Raketech has acquired Spanish affiliate marketing publisher and lead generation specialist Infinileads SL, in a bid to expand its services for Latin America, Spain and Italy. Marked as an “important strategic milestone”, the acquisition of Infinileads – along with key assests Slotjava.es and Slotjava.it – sees Rakatech enhance its position within several of LatAm’s emerging markets, such as Argentina, Mexico and Peru, in addition to current Infinileads core …
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Raketech has secured a one-year revolving credit facility with Avida Finans for a total of €15 million, enabling the firm to continue embarking on strategic acquisitions. Interest on the facility – which replaces an existing facility with Swedbank of €10 million – stands at 4.25%, in addition to an annual upfront commitment fee. Furthermore, as well as assisting the firm …
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Raketech has reported strong growth across all core metrics for Q1 2021, recording an annual growth rate of 27% with market success in the US and Japan identified as key driving factors. Overall group revenues reached €8.3 million (Q1 2020: €6.5 million), whilst earnings derived from sports increased to 17% of group trading – representing an annual increase of 27%. …
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Raketech Group has decreased the dependency of its affiliate publishing network on Swedish coverage, stating that the ‘volatility’ of the market due to the re-regulations has made it ‘challenging to navigate’. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Publishing its 2020 interim results (period ending 30 June), Raketech revealed that …
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Affiliate marketing network Raketech has continued to strengthen its senior leadership team naming Oscar Karlsten as its new Chief Operating Officer. Karlsten joined the company on 1 May 2020, and will take responsibility for Raketech’s central operations, product development and investments, as well as focusing on the group’s creative content, SEO and UX. Commenting on his new role, Karlsten said: …
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Online affiliate and content marketing provider Raketech has strengthened its global expansion strategy after confirming the full acquisition of iGaming affiliate network Lead Republik. While Lead Republik is registered in Malta, the acquisition will allow Raketech to access customers from Canada, Germany and New Zealand. Oskar Mühlbach, CEO of Raketech stated: “This acquisition is ticking a lot of strategic boxes, …
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Online affiliate and content marketing provider Raketech has named its chief operating officer Oskar Mühlbach as the new President and CEO, taking over from Michael Holmberg with immediate effect. Mühlbach has played a pivotal role in developing the company’s strategy for future expansion. Prior to his time with Raketech, Mühlbach held a three year tenure at Mr Green, having served …
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Issuing a market update, Stockholm-listed industry affiliate marketing network Raketech Group Plc confirms the appointment of Oskar Mühlbach as Chief Operations Officer (COO) A seasoned industry executive in marketing and enterprise planning, Mühlbach is the former Chief Ventures Officer and Managing Director of Green Media, the previous digital marketing and player acquisition arm of igaming group Mr Green & Co. …
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Mr Green chief venture officer (CVO) Oskar Mühlbach has been tasked with relaunching Garbo.com, the company’s female player focused online casino brand. We caught up with Mühlbach to discuss his plans for the Swedish target market, providing a customer-centric experience and standing out within a crowded industry. SBC: With the relaunch of this product, what have you done differently and …
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