Raketech Divests Casumba Division Amid Regulatory Challenges
Raketech Completes Sale of Casumba for EUR 12 Million
Raketech Group, a prominent player in online affiliate marketing, has finalized the sale of its Casumba assets. The decision to part ways with the brand was driven by shifts in regulations impacting the affiliate’s operational regions.
Details of the Transaction
The deal involves an undisclosed buyer who agreed to purchase the Casumba division for a total price of EUR 12 million (approximately $14 million). Notably, no lump sum payment was made upfront. Instead, the buyer will settle the purchase amount through monthly payments extending until December 2029, at an interest rate of 8%.
Under IFRS 9 accounting standards, Raketech has valued the deferred payment at around EUR 7 million at the time of closing. The EUR 5 million gap between this valuation and the fixed selling price is attributed to ongoing credit risk and the extended payment timeline.
The sale was officially completed on September 24, 2025.
Financial Impact and Strategic Rationale
This move aligns with Raketech’s strategy to focus on core markets and enhance growth through its primary platform. Recent regulatory developments in key jurisdictions have influenced the decision to divest Casumba, helping the company minimize potential compliance risks.
Casumba had been generating annual revenues close to EUR 4 million and an EBITDA of EUR 2.9 million, based on second-quarter figures. Despite this, Raketech anticipates recording a one-time, non-cash loss of around EUR 10 million ($11.7 million) in the third quarter of 2025 due to this sale. The company assures that this accounting loss will not affect its cash flow or ongoing operational results.
Refining Raketech’s Focus
Raketech’s CEO, Johan Svensson, emphasized the significance of this transaction in fortifying the company’s strategic goals. He stated that selling Casumba reduces regulatory exposure and reallocates resources toward growth initiatives, particularly enhancing their iGaming affiliation platform.
“This sale represents another step in sharpening our portfolio and centering on our primary objective of building the leading commercial platform in iGaming affiliation. Divesting Casumba allows us to mitigate regulatory risks and free up capital for new growth opportunities. This deal underscores our commitment to creating sustainable value for our shareholders and maintaining financial discipline.”
Johan Svensson, CEO, Raketech
Recent Portfolio Adjustments
This divestiture follows Raketech’s recent sale of its remaining US tipster and subscription businesses, which fetched EUR 1.25 million. The company continues to streamline its operations and focus on areas with the strongest potential for sustainable growth.
