Raketech, a publicly traded affiliate company (STO: RAKE) recently published its first quarter 2025 earnings report, and the news was not good:
"In Q1 2025, revenues totalled EUR 9.8 million, down from a strong Q1 2024 of EUR 19.0 million, which included EUR 0.8 million from the divested advisory business. Adjusted EBITDA amounted to EUR 2.4 million, (EUR 5.1 million in Q1 2024), while reported EBITDA was EUR 2.1 million (EUR 4.3 million in Q1 2024). The adjustments include restructuring costs related to the strategic shift towards working with entrepreneurial partnership."
That’s a 48.4% decline in revenues and a 51.2% decline in EBITDA.
You can read the complete quarterly report here:
Q1 2025: Driving Long-Term Value Through a Platform-First Strategy, and Enhanced Financial Flexibility
For this week’s poll, considering how you did in the first quarter of 2025, I ask how you currently expect your calendar year 2025 revenue to compare with your 2024 revenue.
In addition to voting in the poll, please share you thoughts about why you expect that change.
Michael


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