Raketech Q4 revenues drop 23.3% as new depositing customer numbers fall

Affiliate marketer reveals “modified” strategic direction, targeting global performance

Affiliate marketing firm Raketech has revealed a 23.3% year-on-year drop in its Q4 2019 revenues, with revenues falling to €5.8m during the final three months of 2019. Company adjusted EBITDA amounted to €2m during Q4 2019, corresponding to a margin of 33.6%, a substantial decline on the Q4 2018 adjusted EBITDA of €4.5m/59.3%. Adjusted operating…

Affiliate marketing | Financials | Marketing | Q4 | Raketech