EveryMatrix tech growth surpasses high Q2 expectations

EveryMatrix keeps up its “record high” speed, demonstrating why it is the fastest-growing technology company in the iGaming industry.
In their trading update, EveryMatrix claimed that the net revenue for the second quarter increased to a peak of €42.4 million, indicating a 57% rise when compared with Q1’s figures. The company also achieved its highest-ever profit margin of 59% for this quarter alone, making it the fifth successive quarter where both expansion and profit margins exceeded 50%.
Q2 EBITDA increased from €22.3 million to €25.1 million, representing an increase of 67% when compared with the previous year’s figures.
Group CEO Ebbe Groes said:
“It’s difficult to know what to say when our results just keep getting better and better. What is evident is that it’s been our best period of sustained growth and that the EveryMatrix effect is benefiting not just the business, but also crucially our customers, ensuring they continue to break their own records month after month.”
Casino Engine announced a record quarterly performance of €658 million, which represents a year-on-year increase of 53%, along with GGR which is up by 69% at Y-o-Y, €2.3 billion. Casino net revenue grew by 73% YoY to hit €21.9 million while EBITDA was up 93%.
SlotMatrix introduced six more vendors, whose games added to a total of 163 title slots. OddsMatrix experienced an increase in quarterly turnover by 48% Y-o-Y, which would be equal to €1.2 billion; this translates to a growth rate of GGR by 67 percent Y-O-Y and stands at €95 million now.
Finally, the platform set records while having more than 176,000 live events in a month and over half a million for three months respectively.
Groes continued:
“The acquisition of FSB Technology and the strengthening of PartnerMatrix with PartnerMatrix Intelligence to create the most powerful affiliate platform proposition available are just two great examples of how we’re continuing to build on our success and grow our customers even more. We have enormous momentum, and I can’t wait to see what happens next.”
Moving into H2, EveryMatrix continues to demonstrate its strong growth trajectory, driven by strategic acquisitions, product enhancements, and an expanding customer base.