A company statement confirmed this led to adjusted EBITDA to fall by over 50%, down to €2.4 million, from €5.1 million in Q1 2024. Net EBITDA fell to €2.1 million, a 50.8% decline from €4.3 million in the same period last year. The company then made a net loss of €0.842 million, compared to a net income of €0.174 million in Q1 2024.
Raketech Revenue Drops By 48% Prompting Shift In Strategy Raketech Revenue Drops By 48% Prompting Shift In StrategyShift in focus for Raketech
Raketech Revenue Drops By 48% Prompting Shift In Strategy tips and subscription services incurred a negative EBITDA impact of €0.3 million. The company is now reviewing the services and shifting away from SEO-heavy marketing to form partnerships in other areas.The company is focusing on AffiliationCloud and has formed four new partnerships in Q1. Total affiliate marketing revenue was at €6 million, with about 50% of this coming from entrepreneurial partnerships. The company stated that “a strategic focus for us is to grow this further during 2025.”
Raketech Revenue Drops By 48% Prompting Shift In StrategyCEO says it is a transitional period
CEO Johan Svensson attempted to put a positive spin on the results, framing the period as transitional for the company. Svensson commented, “Q1 2025 marked a period of strategic consolidation and operational focus for Raketech.
“Despite a year-on-year revenue decrease we have made good progress in aligning the business around our platform-first model and long-term growth priorities.
“With AffiliationCloud now at the core of how we operate, and a strengthened financial position following key decisions, we are confident in our ability to scale efficiently and deliver sustainable value.”
Raketech Revenue Drops By 48% Prompting Shift In Strategy Raketech Revenue Drops By 48% Prompting Shift In StrategyTime will tell whether the headwinds continue to push the company’s growth back.
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