With a focus on strengthening its Nordic core, affiliate Raketech has released its Q1 2026 results – opening with a quote from the CEO, Johan Svensson: “Looking ahead, our priorities are clear. We will continue to strengthen our Nordic Affiliation Marketing portfolio, with improved EBITDA, stable development across our Nordic core, and a clearer operating structure, we believe Raketech is entering 2026 with a stronger foundation for gradual improvement.”
Financial breakdown
Revenues from continued operations amounted to €5.3m, down from €8.3m in Q1 2025, while adjusted EBITDA came to €1.2m (€1.3m in Q1 2025).
Adjusted EBITDA was, however, up slightly from Q4 2025.
Cash flow prior the quarter was in line with EBITDA, with €0.6m settled in earnout and proceeds from the Casumba divestment totalling nearly €0.7m.
Contributing to a stronger Nordic core
The Nordics was the main contributor to affiliate performance and assisted in the performance for Q1 2026. Several of the key Nordic assets were vital in performance and were supported continuously through the December Google Core Update.
Media and TV initiatives that were launched recently were also a factor in the affiliation marketing strategy. Casinofeber Media showed a promising start following its launch.
Raketech’s approach in marketing goes beyond Sweden and its focus appears to be on campaigns, as it gets ready to roll out five media and event related products across its markets. This also includes two new pre-game content sections on its TV sport guide planned to be launched ahead of the FIFA World Cup.
Proceeds from the Casumba divestment come to €0.7m year-to-date
