Raketech reports record-breaking results for Q4 2021 revenue
Award-winning iGaming affiliate company Raketech reports record-breaking €11.8mln revenue for the last quarter of 2021.
The acquisitions of the US sports revenue have also seen a growth by 149 percent reaching €2.6mln. Meanwhile, all non-Nordic revenue has increased by 154 percent amounting to €5.5mln.
The adjusted EBITDA accounted for €5.4mln representing growth of 50 percent, while the organic growth has seen a rise of 12.5%.
The chief executive at Raketech, Oskar Mühlbach, remarked:
“Q4 was successful and effective for our company, and we are thrilled to report such figures as a result of our hard efforts to accomplish our strategic goals”.
Sports revenue amounted to 150 percent increase on annual basis. In the first month of 2021, the revenue equaled to €4.5mln accounting the US acquisitions. US revenues are anticipated to increase by 20 percent for the first quarter of 2022.
Raketech secures ambitions to enter the US market. The company accomplished the acquisition of ATS Consultants, a US tipster asset company at €13.7mln cost in December. What’s more, Raketech started to set up bases for broadening within the US by founding a US business unit.