Raketech Revenue Drops More Than Half in Q4 Results

Key Points

• Raketech’s Q4 revenue fell sharply to €5.7 million from €12.3 million, while full-year revenue dropped by more than half compared with 2024 results.
• The company closed its Paid Publisher Network and focused on the External Organic Publisher Network, but new income arrived more slowly and did not replace losses.
• Profit declined heavily, the share price continued falling, yet early January 2026 data shows slightly better affiliate revenue and a small hope of recovery.

Raketech really struggled in the fourth quarter. Revenue sank over 50% from last year, €12.3 million fell all the way to €5.7 million. That’s a brutal 53.5% drop. If you just look at continuing operations, things aren’t much better; revenue still slid 45.5%. Pressure is coming from every direction.

Full Year Revenue Decline Confirms Structural Weakness

The full-year figures only drive the point home. Revenue for the year plunged 50.4% compared to 2024. Cutting out the businesses they closed doesn’t help much either; the gap barely narrows. The shortfall still sits at 47.4%. These numbers show some deep structural problems. Executives emphasised radical transformation inside the sub-affiliation operation as central to this sweeping downturn across the enterprise. The unit engages influencers and content creators, having depended significantly on the Paid Publisher Network to drive income generation previously. Hostile market conditions necessitated abandoning this paid network, despite its contribution of nearly 50% to sub-affiliation revenue streams. Operational emphasis has transitioned towards nurturing the External Organic Publisher Network, where leadership expects superior stability and sustained traffic increases.

However, organic partnerships failed to compensate for the lost income as quickly as the company had hoped. Several anticipated revenue streams materialised more slowly than management’s original projections suggested they would. CEO Johan Svensson acknowledged that multiple US publisher agreements required additional time to produce substantial financial contributions. This unexpected delay caused sub-affiliate revenue to plunge by €3.4 million compared with the corresponding quarter last year. Financial strain emerged throughout various product segments, with casino revenue collapsing by 55.2% whilst sports betting income decreased by 13.5%. Reduced revenue directly hammered profitability levels, causing earnings to tumble from €3 million to merely €848,000 during the quarter. Market participants responded harshly to these results, driving the company’s share price further downward on Nasdaq First North Premier in Stockholm.

Raketech Shares Fall Despite Strategic Progress

The preceding six-month stretch witnessed share values tumble 32.7%, followed by an additional near-four-per-cent slide after financial results became public. Undeterred by these figures, Svensson expressed tempered optimism while showcasing strategic reorientation progress and platform development milestones. Corporate priorities centre on fortifying the platform-first framework, elevating Nordic portfolio assets, and advancing the Organic Publisher Network supported by AffiliationCloud systems. January 2026’s opening data brings measured hope, with affiliate marketing income slightly exceeding the fourth quarter’s average performance level. Even though improvements remain limited, these early signs suggest the evolving strategy could eventually underpin business revival.