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Raketech Group Holding Plc (SE:RAKE)
:RAKE
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Raketech Group Holding Plc
(RAKE)
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Rating:40Underperform
Price Target:
kr2.00
▲(3.09% Upside)
Raketech Group Holding Plc is facing significant financial challenges with declining revenues and profitability, which are the most impactful factors. The technical analysis indicates a bearish trend, further weighing on the stock's outlook. The negative P/E ratio and lack of dividend yield make the stock unattractive from a valuation standpoint.
Positive Factors
Low Leverage
Raketech's low leverage position suggests a conservative capital structure, providing financial stability and flexibility to navigate market challenges.
Operational Efficiency
A strong gross profit margin indicates operational efficiency, which can help the company maintain profitability even amid revenue challenges.
Strategic Partnerships
Partnerships with top gaming operators enhance Raketech's market position, providing a steady revenue stream and potential for growth through collaborative opportunities.
Negative Factors
Declining Revenue Growth
The decline in revenue growth reflects challenges in market demand or competitive pressures, potentially impacting long-term financial performance and strategic initiatives.
Profitability Challenges
Negative profitability metrics highlight operational and market challenges, which could affect the company's ability to reinvest in growth and maintain competitive positioning.
Cash Flow Difficulties
Significant declines in free cash flow growth indicate potential liquidity issues, limiting the company's capacity to fund operations and strategic investments.
Raketech Group Holding Plc (RAKE) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr87.74M
Dividend YieldN/A
Average Volume (3M)73.52K
Price to Earnings (P/E)―
Beta (1Y)0.19
Revenue Growth-47.47%
EPS Growth-524.00%
CountrySE
Employees131
SectorServices
Sector StrengthN/A
IndustryAdvertising Agencies
Share Statistics
EPS (TTM)N/A
Shares Outstanding45,224,228
10 Day Avg. Volume88,696
30 Day Avg. Volume73,522
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.36
Price to Sales (P/S)0.27
P/FCF Ratio-79.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Raketech Group Holding Plc Business Overview & Revenue Model
Company DescriptionRaketech Group Holding PLC operates as an online affiliate and performance marketing company worldwide. The company offers comparison services, online guides, communities, and social media products for the online casino, sports betting, TV sports, and cryptocurrency industries. It operates CasinoGuide.se, a casino review website; TurtleBet.com that provides casino content, bonus offers, and sports betting news; Casinoer.com, an online guide; CasinoBonusar.nu that offers promotions, bonus spin offers, and campaigns; and CasinoFeber.se that offers casino-related content, including casino news, reviews, and latest promotions. In addition, the company operates Norgecasino.com, a complete casino guide covering all aspects of gambling and betting; Casinobonukset.com that focuses on bonus opportunities; and Casimaru, a casino community site dedicated to Japanese players; CasinoFever.ca, a comparison portal for casinos and betting in Canada; and CasinoTop5 which offers reviews of new and old games and operators in Japan. Further, it operates BetXpert.com that offers sports betting content, expert betting advice, and live match data from sports; Betting.se, a sports betting Website; Urheiluveikkaus.com that provides a hub of sports betting content, including industry news, the latest campaigns; operator reviews; and TVMatchen which offers real time listings, live scores, and match information, as well as latest sports news, game previews, match statistics, and live results for all the sports. The company also operates Cryptimi.com, a digital currency and block chain review site. It serves sports streaming providers, game studios, and international betting and casino operators. Raketech Group Holding PLC was founded in 2010 and is headquartered in Gzira, Malta.
How the Company Makes MoneyRaketech generates revenue primarily through affiliate marketing, whereby it earns commissions for directing traffic and new customers to online gaming operators. The company partners with various gaming brands and receives payments based on performance metrics, such as the number of leads generated or revenue share agreements. Key revenue streams include player acquisition, where Raketech leverages its digital platforms to attract new players for its partners, and content monetization, which involves producing engaging content that drives user interaction and conversions. Additionally, strategic partnerships with leading gaming operators and continuous investment in technology and marketing capabilities further bolster its earnings potential.
Raketech Group Holding Plc Financial Statement Overview
Summary
Raketech Group Holding Plc is experiencing significant financial challenges, with declining revenues and profitability issues. Despite a low leverage position, negative return on equity and cash flow difficulties pose risks to financial stability.Income Statement
Raketech Group Holding Plc has experienced a significant decline in revenue growth, with a negative growth rate of -17.57% in the TTM period. The company is facing profitability challenges, as evidenced by negative net profit and EBIT margins. The gross profit margin remains relatively healthy at 60.20%, indicating some operational efficiency. However, the overall negative profitability metrics suggest financial instability.35
Negative
Balance Sheet
The balance sheet shows a moderate debt-to-equity ratio of 0.11, indicating low leverage and a conservative capital structure. However, the return on equity is negative, reflecting poor profitability and potential challenges in generating returns for shareholders. The equity ratio is not calculated, but the low debt levels suggest a stable financial position.45
Neutral
Cash Flow
The cash flow statement reveals a concerning decline in free cash flow growth, with a significant drop of -172.62% in the TTM period. The operating cash flow to net income ratio is 0.81, indicating that operating cash flows are not fully covering net losses. The negative free cash flow to net income ratio further highlights cash flow challenges.50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 36.11M | 61.18M | 77.69M | 52.64M | 38.51M | 29.39M |
| Gross Profit | 22.01M | 34.78M | 44.93M | 37.94M | 27.03M | 21.47M |
| EBITDA | -40.34M | -45.89M | 23.03M | 18.71M | 14.87M | 12.39M |
| Net Income | -59.75M | -56.55M | 6.61M | 8.33M | 7.13M | 5.62M |
Balance Sheet | ||||||
| Total Assets | 63.62M | 83.57M | 166.00M | 148.32M | 131.97M | 91.32M |
| Cash, Cash Equivalents and Short-Term Investments | 2.68M | 4.53M | 13.46M | 8.06M | 3.21M | 4.97M |
| Total Debt | 4.43M | 2.31M | 9.94M | 15.03M | 15.07M | 1.93M |
| Total Liabilities | 31.21M | 37.86M | 66.70M | 51.66M | 46.91M | 20.50M |
| Stockholders Equity | 32.41M | 45.70M | 99.30M | 96.67M | 85.07M | 70.83M |
Cash Flow | ||||||
| Free Cash Flow | -3.12M | -205.00K | 15.46M | 5.61M | 29.67K | -808.23K |
| Operating Cash Flow | 7.89M | 16.48M | 21.02M | 18.82M | 14.63M | 12.41M |
| Investing Cash Flow | -10.73M | -16.37M | -5.56M | -13.21M | -28.65M | -9.81M |
| Financing Cash Flow | 48.00K | -9.09M | -10.00M | -761.53K | 12.26M | -1.83M |
Raketech Group Holding Plc Technical Analysis
Positive
1.94
Price Trends
2.08
Negative
2.38
Negative
2.72
Negative
Market Momentum
-0.03
Negative
49.69
Neutral
16.65
Positive
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 1.94 is above the 20-day moving average (MA) of 1.85, below the 50-day MA of 2.08, and below the 200-day MA of 2.72, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 49.69 is Neutral, neither overbought nor oversold. The STOCH value of 16.65 is Positive, 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
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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.