Raketech has released its Q3 2021 report, showing total revenue of €9

Raketech has released its Q3 2021 report, showing tot revenue of €9.6m ($11.1m), upward 30%, and adjusted Earnings Before Interest Taxes Depreciation and Amortization of €4.4m.

The report mentioned several operational highlights including two completed acquisitions – P&P Vegas Group and all assets from QM Media AB, as easily as Infinileads, all-time high up non-Nordic revenue of 40%, continued investments inward long-term organic fertilizer US maturation as fountainhead as a granted licence to run in Arizona.

Another of import in operation(p) highlighting was the signing of a one-year revolving credit readiness of €15m with Avida Finance AB, credit entry which has been utilised in September and in collimate the previous credit entry installation with Swedbank has been terminated.

CEO Oskar Mühlbach said: “With the US sports calendar fill up during Q4 and Q1, inwards combination with our recent US acquisitions with assets such as picks&parlays and winners and whiners, we furthermore expect our US apportion of add together to step-up and for the US to live added to the listing of substantial development markets already during next quarter.

“In add-on to gift us a strong stance within the US chooser market, we also objective to add the replete(p) power of Raketech’s SEO and tech experts, as intimately as Raketech’s commercials such as affiliation, CRM and media to further accelerate growth.

"In parallel, we persist in to vest in long-term organic fertilizer US growing through a serial of assets such as howtobet.com, americangambler.com and tvsportsguide.com and as of Sep we are also licensed to control in yet another state, this clip Arizona.”

Mühlbach also stated that Oct revenue (falling under Q4) totalled €3.8m and an Earnings Before Interest Taxes Depreciation and Amortization perimeter of 45%.