Affiliate Industry

Raketech interim report Q2 2020

Published

4 years ago

August 19, 2020

Reading Time: 3 minutes

QUOTE FROM OSKAR MÜHLBACH, CEO
“The strong operational development for Raketech continued during the second quarter of 2020 with several initiatives launched and improved, resulting in a stable product portfolio performance for the quarter. Q2 revenues amounted to 7.0m EUR compared to 5.7m EUR the same quarter previous year, representing a growth of 24.1%. EBITDA margin amounted to 40.2% compared to 51.1% previous year as an expected effect of the Lead Republik revenues having slightly lower margin as well as our efforts within geographical expansion – in line with our strategic goals.”

SECOND QUARTER 2020

Revenues totalled EUR 7.0 million (EUR 5.7 million) representing an increase of 24.1%
NDCs (New Depositing Customers) amounted to 40,847 (24,974), representing an increase of 63.6%
EBITDA amounted to EUR 2.8 million (EUR 2.9 million), corresponding to a margin of 40.2% (51.1%)
Operating profit amounted to EUR 1.5 million (EUR 2.0 million), corresponding to a margin of 21.8% (35.1%)
Profit for the period amounted to EUR 1.2 million (EUR 1.7 million)
Earnings per share amounted to EUR 0.03 (EUR 0.04)

FIRST SIX MONTHS 2020

Revenues totalled EUR 13.6 million (EUR 12.1 million) representing an increase of 12.0%
NDCs (New Depositing Customers) amounted to 73,125 (53,582), representing an increase of 36.5%
EBITDA amounted to EUR 5.5 million (EUR 6.4 million), corresponding to a margin of 40.2% (52.7%)
Operating profit amounted to EUR 2.9 million (EUR 4.8 million), corresponding to a margin of 21.4% (39.5%)
Profit for the period amounted to EUR 2.3 million (EUR 6.4 million, adjusted EUR 4.1 million)
Earnings per share amounted to EUR 0.06 (EUR 0.17)

EVENTS DURING SECOND QUARTER 2020

No significant events during the second quarter

SUBSEQUENT EVENTS AFTER THE END OF THE PERIOD

Revenues of EUR 2.4 million in July 2020

CEO OSKAR MÜHLBACH COMMENTS ON THE QUARTER

“As expected, we witnessed a significant drop within our sports related products due to Covid-19 and the decreased traffic to these assets as an effect of cancelled sport events. This is something we expect, and to some extent already are able to witness, will regain traction again once sports return back to normal. Organic growth was -1.2% which considering the challenging sports market conditions was made possible thanks to strong performance from our portfolio of casino assets, with Norway and Sweden leading the way.

Working remotely during Covid-19 has in contrast to what one might believe, proven to be very efficient for us and we have been able to notice improvements with regards to cooperation, communication as well as performance management. We have therefore decided to permanently move into a flexible working setup in which we replace the traditional office with a dynamic interaction hub combined with remote work. In addition to spending less on office related costs and administration the concept allows us to quickly scale up and down according to what is best at every given situation.

I wish to mention a few examples of initiatives developed and delivered by the remote organization during the quarter: Howtobet.com – a full sports wiki for nerds and beginners, with global potential in line with our strategic operational goals of adding Flagship products to our portfolio as well as to gradually increase our presence within other gambling verticals than casino – such as sports betting. We have also launched a completely new product line called “Extended Audience” which is an important milestone with regards to our strategic goal to diversify our offering. So far, we have sold the Extended Audience product to one of the major operators on the Swedish market, but we are in dialogue with several more.

We have furthermore secured our 3rd license in the US, in the state of Colorado. We have also received preliminary positive decisions from both Pennsylvania and West Virginia which we expect to receive the final approval from soon.

Revenues for July amount to 2.4m EUR, despite sports still trailing behind due to Covid-19. Activity was high, following the temporary re-regulations on the Swedish market. Despite us significantly increasing our revenues from outside the Nordics to close to 20%, the volatility on the Swedish market due to the re regulations makes it challenging to navigate. Although volatility might be high, I am excited by the combination of Raketech being both debt free and operationally stronger than ever. This allows us to continue our efforts to deliver on our strategic goals within product development and diversification as well as geographical expansion, organically and through M&A.

PRESENTATION FOR INVESTORS, ANALYSTS AND THE MEDIA

CEO Oskar Mühlbach and CFO Måns Svalborn will present the report and answer questions in an audiocast at 10.00 a.m. CEST on 19 August. The presentation will be held in English and can be followed online via https://tv.streamfabriken.com/raketech-q2-2020. To participate by phone, please dial +46 8 5055 8357 (SE) or +44 3333 009 263 (UK).

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Affiliate Industry

47 New Brands in Q1’24: Affilka by SOFTSWISS Results

Published

6 days ago

April 19, 2024

George Miller

47 New Brands in Q1’24: Affilka by SOFTSWISS Results

Reading Time: 3 minutes

Affilka by SOFTSWISS, a leading affiliate management software provider, is approaching a new milestone of 360 brands in Q1’24.

The first quarter of the year brought remarkable achievements to the Affilka by SOFTSWISS team. The Asian gaming community recognised the company’s affiliate management software as the Best Affiliate Marketing Solution on the market.

This year, Affilka’s team participated in iGB Affiliate London 2024 with a dedicated stand for the first time. During the concurrent iGB and ICE events, the team had nearly 200 meetings over several days. First agreements quickly followed and were signed shortly after the exhibition period.

Affilka by SOFTSWISS experienced substantial growth, adding 47 new brands to its partner network, bringing the total to nearly 360 brands in Q1 2024. More than 33 thousand new affiliate accounts were registered during this period, marking a 118% increase compared to the previous year’s last quarter.

The rise in new affiliate accounts has led to an acceleration in new player registrations, exceeding 7.4 million over the first quarter of the year. Compared to the last quarter of 2023, this metric demonstrated a 106% increase.

The number of unique clicks on referral links with Affilka by SOFTSWISS during this period showed 115% growth and reached almost 436 million in absolute numbers. The rising metrics underscore the crucial role of effective affiliate management in achieving success within the iGaming industry.

Moving to the financial metrics of Affilka by SOFTSWISS, stable growth is evident over the first quarter of 2024 compared to the last quarter of 2023. The affiliate GGR revealed a 112% increase, while the player deposit amount showed a 113% enlargement. The growth within affiliate payments amounted to 117% in Q1’24 compared to the previous quarter.

Anastasia Borovaya, Head of Affilka by SOFTSWISS, summarises: “The recent product performance showcases a steady and continuous growth trajectory, a testament to our ongoing investment in innovation and user experience enhancement. Acknowledging affiliate marketing’s crucial role in the iGaming ecosystem, we prioritise delivering exceptional service to exceed our clients’ expectations.”

The global affiliate marketing industry is expected to double in size within the next five years. Finding a reliable affiliate marketing platform provider ensures a competitive edge in the rapidly expanding market.

The team is ready to share valuable industry insights and unveil the upcoming updates at the SiGMA Americas Summit in San Paulo on 23–25 April. Clients and potential partners can book a meeting with the Affilka team at stand i70 on the SOFTSWISS events page.

About SOFTSWISS

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

Affiliate Industry

StatsDrone data reveals MyAffiliates as the most used affiliate marketing software by the iGaming industry

Published

2 weeks ago

April 11, 2024

Wladimir P.

Reading Time: 2 minutes

New research from StatsDrone – the affiliate programme stats tracker – today, Thursday 11 April, unveils MyAffiliates as the most used affiliate marketing software in the gaming industry.

The research was conducted this month – April 2024 – on a sample of 1,100 affiliate programs with the latest StatsDrone data revealing that MyAffiliates is used by almost 16% of gaming operators, followed by Affilka (11.8%), Income Access (10.5%) and NetRefer (7.8%).

MyAffiliates is an established affiliate marketing software platform, empowering iGaming operators to combine all of their gaming brands and products under one umbrella affiliate system. It has been in operation since 2007.

The findings of the latest research, affirms MyAffiliates’ position as the preferred choice among gaming operators and, with nearly 16% of operators utilizing its software, has today cemented its position as a market leader.

Furthermore, with 17% of gaming operators still relying on proprietary software, the potential for solutions such as MyAffiliates is significant. As a ready-built solution, MyAffiliates seeks to further expand their market share and empower more operators to optimize their affiliate marketing strategies.

John Wright, CEO of StatsDrone, expressed his insights regarding MyAffiliates’ dominance in the iGaming industry, stating, “We know that MyAffiliates has an advanced platform for operators and is one of the reasons we know that MyAffiliates has become the most popular affiliate platform in iGaming. We hear from affiliates it is one of their preferred platforms to work with so, for us, it isn’t much of a surprise to see why operators choose MyAffiliates. In the last 6 months, we’ve noticed more MyAffiliates brands being requested on our platform, and I can’t see why that trend won’t continue.“

Clemence Dujardin, MyAffiliates Group CEO comments: “Considering this significant milestone, we at MyAffiliates extend our heartfelt gratitude to our clients and partners for their unwavering trust and support. This achievement underscores not only the effectiveness of the MyAffiliates platform but also the dedication of our team to continually innovate and provide unparalleled service to our users.” She added, “As the leading affiliate marketing software in the iGaming industry, MyAffiliates remains committed to delivering cutting-edge solutions that empower gaming operators to maximize their affiliate programs’ performance and ROI.”

Affiliate Industry

Affilka by SOFTSWISS Announces Partnership with 10bet

Published

3 weeks ago

April 5, 2024

George Miller

Affilka by SOFTSWISS Announces Partnership with 10bet

Reading Time: 2 minutes

Affilka by SOFTSWISS, a leading provider of affiliate tracking software for the iGaming industry, announces a new collaboration with 10bet, a prominent player in the iGaming realm.

10bet operates in diverse markets, including Europe, LatAm, and Africa. Offering both casino and sportsbook solutions, 10bet brings over 20 years of global experience and expertise to the table.

This partnership marks a significant milestone for both companies as they join forces to enhance affiliate marketing strategies and expand their market reach. 10bet has already launched seven brands through the collaboration with Affilka by SOFTSWISS. Five of these brands were successfully migrated, while two were created from scratch, with another one to follow shortly.

Notably, 10bet made a strategic decision to transition from third-party software to leverage the advanced features and tailored solutions offered by Affilka by SOFTSWISS. Thanks to a designated Project Manager in the 10bet team, the integration process was smooth and seamless. Allocating a single point of contact is crucial to ensure effective migration and ongoing success.

“We are delighted to partner with Affilka by SOFTSWISS,” says Yotam Peretz, VP of Acquisition at 10bet. “The platform provides us flexibility, reliability, and personalised support. That’s exactly what we need to optimise our affiliate programs and drive growth in our target markets. I’m sure this collaboration marks the beginning of an exciting and successful journey.”

Angelika Antonova, Head of Sales at Affilka by SOFTSWISS, comments on the recent partnership: “This migration serves as further validation of Affilka’s superiority over existing solutions in the market, highlighting its distinct advantages. We are happy to welcome 10bet to the Affilka family. This partnership signifies our shared vision for excellence in affiliate marketing. We look forward to collaborating with the 10bet team to deliver outstanding results and unlock new opportunities in the dynamic iGaming landscape.”

Affilka by SOFTSWISS is ready to present valuable industry insights and unveil the upcoming reporting system updates at the SiGMA Americas Summit in San Paulo on 23–25 April. Clients and potential partners can book a meeting with the Affilka team at stand i70 on the SOFTSWISS events page.

About SOFTSWISS