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Raketech Delivers Full Year in Line With Previously Increased Guidance

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Raketech Chairman Ulrik Bengtsson to Step Down Following New CEO Appointment

 

Raketech Group Holding Plc  announced the fourth quarter report for 2023 in line with previously increased guidance, with a total revenue of EUR 22.8 million and an organic growth of 45.3% Y/Y. The full-year 2023 revenue amounted to EUR 77.7 million and an organic growth of 47.6%. Raketech also updates guidance for 2024, where EBITDA is expected to come in between EUR 24-26 million.

“This result serves as a solid platform for the coming year, where we will focus on identifying new markets, evaluating expansion options, assessing new partnerships, and focusing on business growth. I am fully committed to driving additional value for our company,” says Johan Svensson, Acting CEO of Raketech.

Q4 2023 FINANCIAL HIGHLIGHTS

  • Revenues in Q4 of 2023 totaled EUR 22.8 million (EUR 15.7 million) with an organic growth of 45.3% (23.1%), driven primarily by continued growth within sub-affiliation.
  • EBITDA amounted to EUR 6.0 million (EUR 6.4 million) somewhat impacted by a softer development in Sweden, compared against a strong fourth quarter 2022 impacted positively by the FIFA World Cup in in that year. Other regions showed good performance and sub-affiliation continued to grow.
  • Operating profit amounted to EUR 2.8 million (EUR 4.3 million), lower as an effect of increased non-cash affecting amortisation and depreciation on intangibles assets relating primarily to the prior acquisition of Casumba.
  • Free cash flow increased to EUR 4.8 million (EUR 2.2 million) with only minor earnout settlements during the quarter.

DIVIDEND PROPOSAL AND OUTLOOK

  • The Board of Directors proposes to the Annual General Meeting 2024 a dividend corresponding to EUR 0.10 per share (EUR 0.094), representing an increase of 6% from last year.
  • Guidance for 2024:
    • EBITDA is expected to come in between EUR 24-26 million.
    • Free cash flow is estimated to amount to EUR 22-24 million before cash settlements of the Casumba earnout of EUR 18.3 million this year.

SUBSEQUENT EVENTS AFTER THE END OF THE PERIOD

  • Revenues in January 2024 amounted to EUR 7.3 million (EUR 5.0 million).
    • Supported by positive results from Sub-affiliation
  • On January 11, 2024, the board of Directors appointed Johan Svensson as Acting CEO, replacing the former CEO Oskar Mühlbach.

Read the full report at: https://raketech.com/investor-relations/

Awards

ReferOn Earns Dual Nominations for Innovation and Marketing Excellence at SiGMA Euro-Med Awards 2025

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ReferOn Earns Dual Nominations for Innovation and Marketing Excellence at SiGMA Euro-Med Awards 2025

 

The company continues its growth in 2025 with key industry recognition

ReferOn, a next-gen affiliate management platform has been shortlisted for the “Affiliate Product Innovation” and “Best Marketing Solution Provider” categories at the upcoming SiGMA Euro-Med Awards 2025.

These nominations come after an important year for the company, defined by strong market traction, continuous product development, and an increased demand from operators and affiliate managers looking to transition from outdated legacy platforms to a more agile, transparent, and scalable solution.

Since its launch, the ReferOn team has demonstrated its commitment to solving real problems for affiliate teams. At the core of its value propositions is creating a simple and accessible platform that’s built for modern needs. Core developments like full-cycle automation, customisable dashboards, instant postbacks, and real-time data visibility help to reduce chaos and boost performance. Additionally, tools like the Sub-Affiliate System, No Bundling Model, and dynamic variables assist with increased operational control.

Vlad Bondarenko, ReferOn’s Head of Product, commented on the nominations, “We didn’t build ReferOn to compete with legacy platforms — we built it to replace them. Every development, addition, and decision is guided by the goal of empowering our users to move faster, make more insightful decisions, and scale efficiently. These nominations have shown us that we’re moving in the right direction and that our incredible team is working towards something truly impactful.”

ReferOn’s roadmap remains ambitious and future-focused, with numerous investments in product developments, customer-facing services, and initiatives that help affiliate teams act faster and move smarter.

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Slotozilla Expands Partner Network With 25+ Affiliates and Unveils 139 New Bonuses in Q2 2025

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Tim Cline, Slotozilla's editor-in-chief

 

Riding the wave of a hugely successful Q1, Slotozilla has continued its momentum through Q2 on the back of iGB Live London 2025. The platform consolidated the quarter by adding over 25 affiliate partners and launching 139 exclusive bonuses. This milestone marks a glistening moment in the company’s mission to deliver premium value and choice for online casino stakeholders.

Slotozilla, widely regarded as the go-to destination for expert casino reviews and free slot demos, confirmed the new additions in July. The partnership network now features several industry trailblazers, such as:

  • FTDgallery: Known for offering exclusive bonuses and promotions.
  • GameGrow: A network renowned for its games and deep insights into the Canadian market.
  • ToTheMoon Affiliates: ToTheMoon is a leader in championing gamified campaigns in several markets.
  • Luckpartners: Emphasises a mobile-first approach and localised gaming experiences.

Each partnership leverages unique regional expertise and, importantly, exclusive promotions to enrich users’ journeys on the platform. The new affiliates collectively unlock a vast array of offers, including 87 welcome bonuses and 52 no deposit bonuses. This totals 139 sublime bonuses right there for the taking.

The iGB Live London 2025 presented a golden opportunity for Slotozilla to engage equally outstanding industry leaders to improve user experiences. The company subsequently sent a delegation of experts to the event. “It was an incredible experience to meet so many passionate affiliates face-to-face,” said Tim Cline, Slotozilla’s editor-in-chief. “I’m proud of the collaborations we’ve initiated and excited about the value these brands will bring to our users.”

Geographical reach also extended into 15+ nations during Q2, with significant growth in GermanyPolandCanada, and Italy. These expansions reiterate Slotozilla’s global vision and its commitment to localised content. With tailored bonuses and responsible gaming advocacy, the platform has never been more player-centric.

Looking ahead, it appears that activity is not slowing down any time soon. Slotozilla aims to grow its affiliate roster, refine its rankings, and introduce fresh insights to its platform.

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Awards

Casino Guru shortlisted for inaugural Affiliate Leaders Awards

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Casino Guru shortlisted for inaugural Affiliate Leaders Awards

 

Casino Guru has been shortlisted for the inaugural Affiliate Leaders Awards 2025 and joins a competitive field of contestants in the “Casino Affiliate of the Year” category.

This new format is meant to celebrate excellence and outstanding accomplishments in the iGaming space, bringing together the most influential affiliates.

Hosted on Wednesday, September 17, the event will reunite 500 guests at the MEO Arena Lisbon at 7:00 pm, with the ceremony concluding at 12:00 am.

The latest shortlist comes after Casino Guru was previously shortlisted for the SBC Awards Europe 2025, another inaugural event, which the Casino Guru won in the same category, “Casino Affiliate of the Year.”

Commenting on this achievement, Daniela Sliva, Public Relations and Creative Projects Director, had this to say: “A true success story takes years to build, and even more years to prove its worth. I am incredibly proud to see Casino Guru nominated for the inaugural Affiliate Leaders Awards. This nomination reaffirms our commitment to providing casino players worldwide with the most complete, accurate, and reliable database of casinos, regardless of where they are or who they are.”

The Affiliate Leaders Awards include 24 highly contested categories, which will see the very best industry representatives, among which is Casino Guru, compete for important accolades that attest to these companies’ mission in providing the best service in their respective verticals.

Casino Guru has demonstrated its clear commitment to maintaining industry standards for responsible, fair, and safe gambling by introducing numerous initiatives focused on exactly this.

The Casino Guru Awards largely focused on ethics and responsibility in their latest iteration, a marked shift from most industry awards available.

Casino Guru’s Complaint Resolution Center was able to return more than $49,000,000 to different players so far. This hardly exhausts the list of achievements and commitments Casino Guru has initiative and demonstrated to make gambling safer.

The project similarly operates the Safety Index, which allows players to make informed decisions about an operator’s reliability. To achieve this? Casino Guru uses a strict list of reviewing criteria and real-time monitoring and reevaluation of brands.

Casino Guru has also created the world’s leading Forum and Community, reuniting hundreds of thousands of users all seeking to join the conversation and find the best online casinos available to them. In July 2025 alone, Casino Guru’s Forum and Community welcomed 14,130 members, saw 1,1130 unique contributors, and 7,228 posts were written.

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