Raketech Announces Q3 2026 Results and Agreement to Settle Casumba Earnout
11/5/2026
Impact: 55
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Raketech reported stable adjusted EBITDA at a stronger margin in Q3 2026 and said it is continuing to adjust costs to match its business size and priorities. The company agreed to settle the Casumba earnout at a substantial discount, which it expects to reduce leverage to about 1.2x adjusted EBITDA. Raketech plans to use free cash flow to amortize its bank facility and invest in core markets Sweden, Denmark and Italy, expanding industry and sports media and strengthening commercial capabilities.
AI summary, not financial advice
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