Raketech reports 42% drop in Q3 operating revenue
Raketech’s revenues in Q3 from continued operations (excluding Casumba) amounted to EUR 6.2 million down 42% compared to EUR 10.7 million in Q3 last year.
Adjusted EBITDA from continuing operations totalled EUR 1.2 million (vs. EUR 1.3 million in Q3 2024).
SubAffiliation revenue was EUR 1.9 million, in line with Q2 2025. The Organic Publisher Network delivered EUR 0.9 million in the quarter compared to EUR 0.5 million in Q2 2025, driven by a new exclusive US publisher partnership live since early August.
Affiliation Marketing portfolio (Raketech owned publishers), excluding Casumba, remained stable overall compared to last year.
The Paid Network (SubAffiliation) continues to experience the headwinds previously communicated. Meanwhile, the Organic Publisher Network generated approximately EUR 0.9 million in the quarter, compared to EUR 0.5 million in Q2 2025, reflecting growth driven by a new exclusive partnership.
This underlines the strength of our platform model, and our aim is to continue broadening our footprint through additional exclusive partnerships to build on this momentum.
During the quarter, we continued to streamline and sharpen our portfolio to strengthen Raketech for the next phase of growth. A key part of this effort was the divestment of the Casumba assets, driven by a shifting legal and market risk profile combined with a weaker sales trend. Overall, the transaction allows us to reallocate resources to accelerate the development of AffiliationCloud.
Johan Svensson, CEO said: “With a cleaner structure, stronger partnerships, and growing momentum in our Organic Publisher Network, Raketech enters the final quarter of the year with a sharper focus and enhanced flexibility to deliver on our platform-first strategy.
Our priorities are unchanged, to expand exclusive partnerships, strengthen AffiliationCloud, and maintain disciplined capital allocation to drive sustainable, long-term value for partners, shareholders and employees.”