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Raketech Group Holding Plc (SE:RAKE)
:RAKE
Sweden Market
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Raketech Group Holding Plc (RAKE) AI Stock Analysis

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SE:RAKE

Raketech Group Holding Plc

(RAKE)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
kr2.00
▲(8.70% Upside)
Action:Reiterated
Date:07/30/26
The score is primarily constrained by weak financial performance (declining TTM revenue and ongoing net losses) despite some resilience from low leverage and positive operating/free cash flow. Technicals are mildly supportive in the near term (trading above 50/100DMA) but still below the 200DMA, while valuation is penalized by the negative P/E tied to losses.
Positive Factors
Affiliate business model
Raketech's affiliate model creates recurring and performance-linked revenue via revenue share and CPA contracts. This structure aligns costs with customer acquisition, supports scalable margins as traffic scales, and provides durable cash flows when operator partnerships remain intact.
Negative Factors
Declining revenue trend
A sustained top-line contraction undermines the economics of revenue-share deals and weakens bargaining leverage with operators. Lower traffic and conversions reduce lifetime player value, compress future recurring revenue and constrain reinvestment in content and SEO.
Read all positive and negative factors
Positive Factors
Negative Factors
Affiliate business model
Raketech's affiliate model creates recurring and performance-linked revenue via revenue share and CPA contracts. This structure aligns costs with customer acquisition, supports scalable margins as traffic scales, and provides durable cash flows when operator partnerships remain intact.
Read all positive factors

Raketech Group Holding Plc (RAKE) vs. iShares MSCI Sweden ETF (EWD)

Raketech Group Holding Plc Business Overview & Revenue Model

Company Description
Raketech Group Holding PLC operates as a global digital affiliate and performance marketing company. The firm offers a diverse range of online resources, including comparison platforms, informational guides, community forums, and social media cont...
How the Company Makes Money
Raketech primarily makes money by acting as an affiliate partner to iGaming operators, monetizing user traffic from its owned-and-operated websites and marketing channels. Under affiliate agreements, the company earns revenue when it refers users ...

Raketech Group Holding Plc Financial Statement Overview

Summary
Overall fundamentals are mixed but skew weak: revenue is down TTM (-16.52%) and net margins remain deeply negative (income statement is the main drag). Offsetting factors include low leverage (debt-to-equity roughly 0.05–0.13) and positive operating cash flow across periods with positive free cash flow in 2025 and TTM, though free cash flow has recently slowed and been volatile.
Income Statement
38
Negative
Balance Sheet
63
Positive
Cash Flow
57
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue22.55M27.01M61.18M77.69M52.64M38.51M
Gross Profit14.00M16.40M34.78M44.93M37.94M27.03M
EBITDA8.09M8.93M-45.89M23.03M18.71M14.87M
Net Income-12.40M-13.09M-56.55M6.61M8.33M7.13M
Balance Sheet
Total Assets62.15M62.70M83.57M166.00M148.32M131.97M
Cash, Cash Equivalents and Short-Term Investments6.21M5.27M4.53M13.46M8.06M3.21M
Total Debt3.80M4.07M2.31M9.94M15.03M15.07M
Total Liabilities29.93M30.40M37.86M66.70M51.66M46.91M
Stockholders Equity32.22M32.30M45.70M99.30M96.67M85.07M
Cash Flow
Free Cash Flow3.54M6.18M-205.00K15.46M5.61M29.67K
Operating Cash Flow6.50M7.17M16.48M21.02M18.82M14.63M
Investing Cash Flow-2.40M-503.00K-16.37M-5.56M-13.21M-28.65M
Financing Cash Flow-3.43M-7.87M-9.09M-10.00M-761.53K12.26M

Raketech Group Holding Plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1.84
Price Trends
50DMA
1.77
Positive
100DMA
1.74
Positive
200DMA
1.86
Negative
Market Momentum
MACD
0.03
Negative
RSI
53.41
Neutral
STOCH
33.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:RAKE, the sentiment is Positive. The current price of 1.84 is above the 20-day moving average (MA) of 1.81, above the 50-day MA of 1.77, and below the 200-day MA of 1.86, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 53.41 is Neutral, neither overbought nor oversold. The STOCH value of 33.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:RAKE.

Raketech Group Holding Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
49
Neutral
kr83.21M-0.60-43.50%96.29%
48
Neutral
kr64.76M-13.55-21.37%70.69%
45
Neutral
kr148.07M-1.15-19.34%-1.24%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:RAKE
Raketech Group Holding Plc
1.84
-0.96
-34.29%
SE:BUSER
Bambuser AB
18.40
-1.64
-8.18%
SE:TOURN
Tourn International AB
6.64
1.70
34.41%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 30, 2026