Raketech Refines Strategy in Q2 2025 with Portfolio Realignment

Performance stabilizes after portfolio adjustment

Raketech’s financial performance in Q2 reflected the company’s strategic realignment. Revenue reached €7.8 million, a year-on-year decline largely attributed to the divestment of its U.S.-based tipster and subscription assets. Excluding these operations, the company’s core affiliation business grew modestly compared to the previous quarter. Adjusted EBITDA amounted to €2.1 million, and free cash flow before earn-out payments stood at €1.8 million.

The exit from non-core verticals allowed Raketech to reduce drag on margins and improve financial clarity. Operating expenses, excluding publisher costs, dropped by 35% versus the same period last year. Management reaffirmed its focus on a platform-driven model, aiming to consolidate operations and prioritize sustainable revenue streams.

Focus shifts to scalable and profitable channels

The divested U.S. assets had delivered negative profitability in past quarters, prompting Raketech to streamline its portfolio. This move supports the company’s broader objective of scaling operations within its high-performing European network. At the same time, the Sub-Affiliation business showed positive momentum, fueled by an expanded organic publisher base and new commercial agreements with gaming operators.

The second quarter also demonstrated tighter financial discipline and clearer allocation of capital. While overall group figures declined due to the strategic exit, the underlying growth drivers remain intact. Raketech continues to invest in automation, data infrastructure, and scalable affiliate partnerships to position itself for improved results in the second half of the year.