B2B iGaming know-how supplier EveryMatrix has launched its 2021 monetary outcomes masking the firm’s efficiency for This fall and the full yr of 2021.
EveryMatrix reveals sturdy development in 2021 powered by previous product investments. The firm has efficiently launched new consumer manufacturers, expanded its footprint with tier 1 operators and made key progress in the U.S. market. Continued hiring and funding in improvement have taken place all through the pandemic.
STRONG FINANCIAL PERFORMANCE
The newly launched report reveals gross revenue, gross income much less direct prices to e.g., recreation suppliers, at €13.9 million in This fall 2021, a rise of 26% in comparison with the similar interval final yr. For the full yr of 2021, gross revenue elevated by 32% YoY to €51.5 million.
The EBIDTA additionally reveals sturdy improvement and amounted to €4.4 million, a rise of 23% in comparison with the similar interval final yr. For the full yr of 2021, EBITDA elevated by 65% YoY to €19.7 million.
Ebbe Groes, Group CEO of EveryMatrix, says: “I’m delighted to report wonderful outcomes for the fourth quarter and 2021 as a complete in phrases of sturdy gross revenue and EBIDTA development, onboarding of new shoppers, and offers signed. We delivered this consequence regardless of the regulatory adjustments in Germany which have impacted the Casino phase considerably. This achievement proves the constructive impact of the daring leap EveryMatrix took when investing closely in product and know-how. It has given us a powerful, numerous and aggressive product providing and the capability to draw new shoppers.”
U.S. MARKET EXPANSION
EveryMatrix continues to speculate in the extremely engaging regulated U.S market and has made key progress in This fall. After fulfilling the license necessities in New Jersey, license functions had been submitted in This fall in West Virginia and Michigan, with extra fillings to occur quickly in the U.S. and in Canada. Several new distribution and accomplice agreements had been signed, together with a video games contract with Golden Nugget Online Gaming.
KEY MILESTONES IN This fall
OddsMatrix surpassed EUR 100 million whole positioned bets in every month of the quarter, virtually double in comparison with This fall 2020.
10 recreation distributors integrations with CasinoEngine accomplished.
SlotMatrix RGS reside with 9 companions finish of This fall, together with EveryMatrix’s personal Spearhead and Armadillo Studios.
SlotMatrix RGS out there in 15 regulated markets by the finish of This fall.
18 video games launched on SlotMatrix RGS, together with three by Spearhead Studios.
13 cost integrations ensuing in 80+ cost integrations in whole.
ONGOING PRODUCT ENHANCEMENT AND NEW KEY SIGNINGS
EveryMatrix’s footprint with tier 1 operators is increasing at a very good tempo and in This fall agreements had been signed with 4 new shoppers, all of them in markets exterior Europe: the U.S., Latin America, and Africa, resulting in a complete of eight new tier 1 operators in 2021.
Eight turnkey initiatives with new consumer manufacturers had been launched in the quarter. This provides as much as 19 turnkey launches for the full yr, together with launches with manufacturers in the regulated markets in Denmark, Cyprus, Greece, Malta, Romania, Mexico and Africa.
“The quantity of lively leads, consumer launches, and new product launches makes me assured about our prospects and additional demonstrates the momentum with EveryMatrix’s progressive product providing and extremely scalable and modular software program platform”, concludes Ebbe Groes.
Related
https://europeangaming.eu/portal/latest-news/2022/01/17/107315/everymatrix-introduces-slotmatrix-the-largest-collection-of-gaming-content-in-the-world/
