B2B iGaming expertise supplier EveryMatrix has launched its 2021 monetary outcomes masking the corporate’s efficiency for This fall and the complete yr of 2021.
EveryMatrix reveals strong progress in 2021 powered by previous product investments. The firm has efficiently launched new shopper manufacturers, expanded its footprint with tier 1 operators and made key progress within 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 contrast to the identical interval final yr. For the complete yr of 2021, gross revenue elevated by 32% YoY to €51.5 million.
The EBIDTA additionally reveals strong improvement and amounted to €4.4 million, a rise of 23% in contrast to the identical interval final yr. For the complete yr of 2021, EBITDA elevated by 65% YoY to €19.7 million.
Ebbe Groes, Group CEO of EveryMatrix, says: “I’m delighted to report glorious outcomes for the fourth quarter and 2021 as an entire when it comes to strong gross revenue and EBIDTA progress, onboarding of recent shoppers, and offers signed. We delivered this end result regardless of the regulatory adjustments in Germany which have impacted the Casino phase considerably. This achievement proves the optimistic impact of the daring leap EveryMatrix took when investing closely in product and expertise. It has given us a strong, numerous and aggressive product providing and the flexibility to entice new shoppers.”
U.S. MARKET EXPANSION
EveryMatrix continues to spend money on the extremely engaging regulated U.S market and has made key progress in This fall. After fulfilling the license necessities in New Jersey, license purposes have been submitted in This fall in West Virginia and Michigan, with extra fillings to occur quickly within the U.S. and in Canada. Several new distribution and associate agreements have 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 contrast to This fall 2020.
10 recreation distributors integrations with CasinoEngine accomplished.
SlotMatrix RGS stay with 9 companions finish of This fall, together with EveryMatrix’s personal Spearhead and Armadillo Studios.
SlotMatrix RGS obtainable in 15 regulated markets by the top of This fall.
18 video games launched on SlotMatrix RGS, together with three by Spearhead Studios.
13 cost integrations leading to 80+ cost integrations in whole.
ONGOING PRODUCT ENHANCEMENT AND NEW KEY SIGNINGS
EveryMatrix’s footprint with tier 1 operators is increasing at a great tempo and in This fall agreements have been signed with 4 new shoppers, all of them in markets outdoors Europe: the U.S., Latin America, and Africa, main to a complete of eight new tier 1 operators in 2021.
Eight turnkey initiatives with new shopper manufacturers have been launched within the quarter. This provides up to 19 turnkey launches for the complete yr, together with launches with manufacturers within the regulated markets in Denmark, Cyprus, Greece, Malta, Romania, Mexico and Africa.
“The variety of energetic leads, shopper 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.