EveryMatrix, a leading technology provider in the iGaming sector, has reported unprecedented financial results for 2024, surpassing the €100 million EBITDA mark for the first time. The company’s annual net revenue reached an all-time high of €181 million, representing a 59% year-on-year (YoY) increase, while EBITDA soared by 70% YoY to €101 million. These milestones were fueled by significant expansions and strategic acquisitions.
Throughout 2024, EveryMatrix experienced significant growth across its core business units. The company’s fourth-quarter performance set new benchmarks, with net revenue reaching €55 million, a 51% increase YoY, and quarterly EBITDA hitting €30 million, reflecting a 49% YoY rise.
The casino segment delivered a record thirteenth consecutive quarter of growth, generating a Gross Gaming Revenue (GGR) of €782 million in Q4 alone, with full-year casino GGR climbing to €2.8 billion, marking a 49% YoY growth. The company’s SlotMatrix aggregation platform introduced 1,145 new game titles and onboarded 33 new vendors in Q4, boosting its content offering to over 175 suppliers.
OddsMatrix, the sportsbook division, reported outstanding results, with total bets exceeding 515 million in 2024. The sportsbook turnover reached €1.9 billion in Q4 and €5.9 billion for the full year, showing a 50% YoY increase. The sportsbook’s GGR surged by 135% YoY to €448 million, while net revenue in Q4 grew by 92% YoY to €17.5 million.