EveryMatrix smashes all commercial records in 2023

EveryMatrix smashes all commercial records in 2023

Article brief provided by SBC News
  • Ted Menmuir, SBC News
February 7, 2024 7:51 PM

EveryMatrix has proclaimed its “best financial results in its 16-year history” as the igaming and sports betting technology group sets new growth and profitability records.

Publishing its Q4 and full-year results, EveryMatrix registered a 75% increase in FY2023 consolidated net gaming revenues (NGR) of €114m [$123m] (FY2022: €65m).

Headline growth reflects EveryMatrix expanding its key client base across all products and services, in which the company underscores that FY2023 income results are “four times higher than 2019’s €28m”.

2023 trading ended with EveryMatrix declaring a record-breaking Q4 performance of NGR €36m (+87%), combined with a 2x increase in consolidated EBITDA to €20m (Q42022: €7m).