For the second half of 2019, the performance marketing specialist Raketech Group recorded a 6.1 per cent year-on-year decrease in income, although it saw decreased expenses boost its profit considerably over the era. Revenue amounted to € 5.7 million for the three months to 30 June, down from € 6.0 million in the previous year. This fall was blamed on the Swedish market’s lower player values, as well as a shift in revenue streams that saw the cost-per-acquisition (CPA) contribution deals fall 9.2 per cent to € 4.5 million.
However, this was partially offset by higher revenue share, with these agreements bringing a € 1.1 million increase over the quarter, up 8.7% year-on-year. Q2 also saw some increases as revenue was boosted by external factors such as the FIFA World Cup and the launch of Trustly’s Pay N Play on board and payment solution casinos. This did not affect the traffic supplied to customers, with fresh client deposit figures rising to 24,974, a total of 21.7 per cent.
Despite the decline in revenue in Q2, Raketech experienced a decline in costs, largely due to the previous year, including € 1.4 million in expenditures linked to its original government tender. This helped offset € 604,000 in revenue-related increases and € 907,000 in depreciation and amortization fees. Operating profit rose 29.3 per cent to € 2.0 million as a result. Finance costs fell from € 1.3 million to € 209,000 and despite higher income tax, although from a low base, net profit for the quarter increased from € 179,000 in Q2 2018 to € 1.7 million.
More About Sophie Lise
Sophie Lise isn't just a writer; she is a veteran of the Canadian gaming floor. With over a decade of experience analyzing game mechanics, RTP algorithms, and volatility indexes, Sophie specializes in finding the mathematical edge for players. Since the launch of Ontario's regulated market in 2026, she has focused heavily on auditing AGCO-licensed sites to ensure they meet strict fairness standards. If she recommends a slot, it’s because she’s played it, tested the payout speed, and verified the bonus terms herself.
View Posts - Visit Website