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EveryMatrix reports strong Q4 gross profit growth
EveryMatrix reports the financial results of the Q4 2021, demonstrating growth of gross profit by 21% from the figures of the previous year.
The company has released the results of Q4 and the whole 2021 and lauded its past product insertion as it saw significant increase during the last year.
The iGaming provider announces an income of €13.9mln during the last trimester of 2021, which shows a rise by 26% from the same months of the previous year. The gross profit of entire 2021 equals €51.5mln, which shows a rise of 32%.
Group chief executive at EveryMatrix, Ebbe Groes, mentioned:
“Though we saw regulatory adjustments within Germany, we managed to record fantastic results of gross profit and EBITDA for the final trimester and the whole year”.
Groes further lauded the company’s bold leap in the investment of technology and product. As he claims, it allowed them to offer various powerful and high-class products to appeal to new customers.
EBITDA in the final quarter saw a growth by 23% from the figures of 2020 equaling to €4.4mln. The company ended 2021 with €19.7mln EBITDA.
EveryMatrix announces that ‘more fillings’ will take place within the United States and Canada, after it accomplished the process of license acquisition.
What’s more, OddsMatrix exceeded €100mln in total sum of set up stakes in every month of last trimester. The final quarter also saw SlotMatrix RGS’s launch of operations with nine partners and entry into fifteen regulated markets.