Q3 2026: Agreement to Settle the Casumba Earnout at a Substantial Discount, and Stable Adjusted EBITDA at a Stronger Margin
Quote from Johan Svensson, CEO “Looking ahead, our priorities are clear. We continue to adjust the cost base in line with the current size of the business and our strategic priorities. Free cash flow will be directed towards amortising the bank facility and towards continued investment in our core markets such as Sweden, Denmark and Italy, where we will continue to expand industry and sport media and strengthen commercial capability within SubAffiliation. Following completion, leverage will fall to around 1.2x adjusted EBITDA, before taking into account the deferred consideration still to be received from the sale of the Casumba assets and the US divestments. With the earnout settlement agreed, adjusted EBITDA stable at a stronger margin and our media-led model, established in Sweden, now being rolled out across our markets, we believe Raketech is entering 2027 on a stronger foundation for gradual improvement.”