EveryMatrix delivers another strong performance in Q3

Gaming technology supplier EveryMatrix has reported a 62 per cent increase in net revenue for the third quarter of 2023.

The privately owned company has announced net revenue of €27.2 million and EBITDA of €14 million (+113 per cent) for the period, driven by strong growth across all business segments.

Casino net revenue was 74 per cent higher year-on-year at €13.3 million and Sports net revenue climbed by 29 per cent to €6.3 million.

Platform net revenue rose to €6.3 million (+87 per cent), while the Affiliate Platform division saw net revenue grow to €1.2 million (+48 per cent).

Casino contributed €7.6 million of EBITDA and Sports €2.7 million, with the Platform division accounting for the remaining €3.0 million.

“Everyone’s hard work has paid off this quarter with yet another very strong period of organic growth and profitability that has seen us accomplish some major milestones and launch significant tier-1 projects,” said EveryMatrix chief executive Ebbe Groes.

“bet-at-home.de and SZRT have arguably been the most complex technical and regulatory undertakings we have ever achieved in the 15 years since we began, but we have delivered extensive turnkey projects with flying colours and the involvement of almost every EveryMatrix business unit. 

“More importantly, both clients have recognised the demanding nature of this migration and integration and have been glowing with praise for our work. This fills me with pride and confidence for our future growth.