Q2 2022 Raketech Group Holding PLC Earnings Call Transcript

Aug 17, 2022 / 07:00AM GMT
Oskar Mühlbach - Raketech Group Holding PLC - CEO

Good morning, everyone, and welcome to Raketech's Q2 report for the year of 2022. My name is Oskar Mühlbach, I'm the Group CEO. And with me, as always, is also Måns Svalborn, our Group CFO. Måns and I are going to take turns to go through the four bullets on the agenda, which you can see here on your left. Once we're done talking, we will, as always, also give you the opportunity to ask questions during the Q&A session at the very end. Once again, warm welcome, everyone. Let's get started.

That is on slide 3. Starting with financial highlights for the quarter, Q2 came in at EUR11.3 million, which is about 29% more than the same period last year. As expected, this is slightly lower than the first quarter, simply because Q2 is the weakest period of the year from a seasonality perspective, and that most markets and operators have reported somewhat challenging market conditions.

Also this year, we met extraordinary comparison numbers, considering last year had both the European Championships in football as well as the COVID outbreak

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