Gaming supplier EveryMatrix has announced record results for 2023 following strong growth in the final quarter of the year.
The privately owned company said that net revenue increased by 87 per cent to €36 million in Q4, taking the annual total to €114 million, an increase of 75 per cent year-on-year.
Casino net revenue was 86 per cent higher in 2023 at €54.7 million and accounted for almost half the annual total.
Full year EBITDA was up 155 per cent to €60 million.
“2022 was phenomenal but this year’s numbers are mind blowing. Every business unit and every one of our employees has contributed to a stellar set of financials proving we really are among, if not, the industry’s fastest growing iGaming technology supplier,” said EveryMatrix CEO Ebbe Groes.
“Our growth acceleration from 2019 to today is staggering, while crucially we continue to deliver huge returns for our customers. Particularly pleasing has been the development of our OddsMatrix technology where the team’s hard work has paid off in both winning and delivering to some of the largest operators in Europe. The last 12 months have propelled OddsMatrix to joining the ranks of the industry’s largest sportsbook providers,” Groes added.
“Our progress shows no signs of slowing with investment in PlayMatrix; an exciting new live casino product, new technologies, innovations, and new tier-1 customers in the pipeline, while we are closing in on our 1,000th employee at the same time as opening a state-of-the art, purpose-built headquarters in Bucharest. The future is very bright for EveryMatrix in 2024 and beyond.”