EveryMatrix hits 16year quarterly high European Gaming Industry News
EveryMatrix hits 16-year quarterly high
A fas t-growing Igaming Technology Provider, which announced its first quarter of 2024, has achieved a quarterly sales of 39 million euros, up 66%yea r-o n-year for all products, and has recorded a quarterly profit margin. did.
In the first quarter of 2024, EbitDa reached 111%yea r-o n-year to 22, 000 euros.
This record quarter was only three months after Every Matrix announced the best financial results alone.
The beginning of an elegant year
In the fiscal year of Everymatrix, it has a strong start due to the invitation of major buyers, the launch of many new buyers in all the top categories of the company, intensive sports transactions, technological innovation, and continuous rotation of the casino business. I cut it.
Everymatrix became part of the first wave of Igaming Technology Providers, which has been regulated in Peru, and launched the first casino wigger partner in the United States to provide thir d-party content in Draft Kings in New Jersey. I did it.
The First Value Supplier reached a major milestone after the reporting period and put on a large point of 1, 000 employees at 13 mass points. The company's largest dedicated office was opened in Romanian Bucharest, and 450 employees worked. A new office specialized in Deepci data products has been opened in Cebu in the Philippines.
Casino and sports continue to be strong
According to the numbers of the general gaming income (GGR) of the operator partner in the casino section announced by EVERYMATRIX, the total quarter of the first quarter of 2024 was 619 million euros, which was a record high, 65 % yea r-o n-year. Increased, GGRs in the past 12 months have been 21 billion euros, up 78 % yea r-o n-year.
Casino's quarterly net income rose 83 % yea r-o n-year to € 19 and 9 million, and EBITDA increased 132 % yea r-o n-year to € 13 and 2 million. Slotmatrix aggiator suggested a new 886 game.
The sales of odd matrix sports teams increased 31%yea r-o n-year to 1. 3 billion euros, and the GGR increased by 308%yea r-o n-year to 96 million euros. Net income in the first quarter of 2024 increased 78%yea r-o n-year to 105 million euros, and EBITDA increased 313%to 62 million euros.
ODDSMATRIX covers a recor d-se e-up number of 173, 000 events at a time. The average monthly bed is 39 million.
The platform's net income was 7. 3 million euros, up 28%yea r-o n-year, and EBITDA was 3. 2 million euros, up 13%yea r-o n-year. The Every Matrix (PAM) Player Account Management System has achieved a new record of 230. 000 beds per minute per minute at the peak.
The pure sales of the affiliate platform category, including PartnerMatrix and Deepci, increased by EBITDA by 0. 4 million euros to 10. 4 million euros, while EBITDA decreased by 0. 4 million euros due to continuous investment in products and commercial activities. 。 Deepci added 22 new geoporbulls, contracted with 14 new customers, and partner Matrix was 15.
Every Matrix's Ebe Gosha CEO said, "For more than a year, we have updated records and reached a new height, but this quarter was the best.
"It's surprising how much we can do in all businesses, how many things we have achieved. Casino, sports, platforms have shown a very positive sign of sustainable growth and expansion. Beginning, the partnership unit, the payment, and the live casinos have expanded the boundaries of the technology and have opened the way to success in the future. "
"This year, Ibumi Matrix is waiting for a lot of interesting things, so please follow the news!"
Main achievements in the first quarter of 2024
- One of the first teams of the B2B technology vendor certified by Peru
- A turn key agreement has been concluded with a customer whose annual net income is estimated to have more than 3 million euros.
- Directly broadcasted on Supremeland Gaming Inc., the first US casino content aggregation partner, and Draftkings in New Jersey.
- Golden Nugget Online Gaming, DraftKings and game content started.
- 886 Slotmatri x-Added a new game to the aggregation platform.
- The seven new casino suppliers were integrated, reaching 158.
- Space} ARMADILLO STUDIOS GAME STUDIO launches multiple games such as Alice's Mad Fortune, Shamrock Surprise, Gummy Galaxy, Paws & Amp; amp; amp; Claws.
- More than 30 new bets on various sports have been released.
- PartnerMatrix and Deepci have contracted with 15 new customers, respectively.
- The total number of employees after the reporting period, including opening offices in Cebu, Philippines, specialized in Deepci products, has increased to more than 1, 000.
- Money Matrix CEO, Play Matrix CEO, Play Matrix CCO, Partner Matrix CCO.
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EveryMatrix continues strong revenue growth recording all-time high profit margin
Reading time: 3 minutesEVERYMATRIX has made the highest quarte r-year profit ever and has confirmed that it is the fastest Igaming Technology Provider.
This mainstream software vendor, which announced the second quarter of 2024, recorded a quarterly profit of 42. 4 million euros, up 57%yea r-o n-year (yea r-o n-year), and recorded 59%in the same period. The overall profit margin was set. Both growth and profit margins exceed 50 % for the fifth consecutive quarter.
EBITDA in the second quarter of 2024 rose from 22, 3 million euros in the first quarter to € 25 and 1 million, up 67 % in the first quarter of last year.
In this record quarter, the new entry of major customers, the positive of the sports business, and the continuous recovery of the company's major casino and the sportsbook division. This is only six months after Everymatrix announced the highest annual financial results ever.
12 months, the highest ever
The company, which has 1, 000 employees, has greatly strengthened the provision of turn key sportsbooks by acquiring FSB technology earlier this month, and over the last six quarters of the last six quarters, consistent and powerful of the core casinos, sports, and platform products. With growth, accelerated growth has been achieved.
The acquisition of FSB has further strengthened the oddsmatrix, Everymatrix core sportsbook platform and the ou t-ball team, created additional profits, created a synergistic effect between companies, and gained a large market share of FSB. We will secure presence in the UK, Ireland and Africa.
The Glosgaming Revenue (GGR) from the casino section operating partner (GGR) recorded a record high on the quarterly basis in the second quarter of 2024, up 53 % yea r-o n-year, 658 million euros, and the GGR in the past 12 months. It increased 69 % yea r-o n-year to 2. 3 billion euros.
Casino's quarterly net income rose 73 % yea r-o n-year to 21 and 9 million euros, and EBITDA increased 93 % yea r-o n-year to 14 and 7 million euros. The Slotmatrix aggiator proposed a total of 1. 047 original game titles, integrated six new vendors, and set a total of 163.
Sportsbook OddsMatrix's quarterly revenue reached €1. 2 billion, up 48% year-on-year, while its trailing 12-month revenue was €4. 6 billion, representing a 56% increase compared to last year, and GGR was €95 million, up 67% year-on-year. Net profit for Q2 2024 was €11. 3 million, up 44% year-on-year, and EBITDA was €7. 2 million, up 65% year-on-year.
OddsMatrix recorded a record number of live events held simultaneously at 176, 000, driven by the addition of premium content, table tennis and new sporting events, and 500, 000 during the quarter, up 16% year-on-year. Average monthly bets were 36. 5 million bets.
Net profit for the second quarter was €7. 8 million, up 35% year-on-year, while EBITDA was €3. 4 million, up 26% year-on-year. EveryMatrix's Player Account Management (PAM) system surpassed the previous quarter's performance, setting a new record of 255, 000 bets per minute at its peak. The number of payments processed increased 80% year-on-year to €3. 8 billion.
Net profit for the Affiliate Platform division, which connects PartnerMatrix with the recently renamed PartnerMatrix Intelligence, was €1. 4 million, up 66% year-on-year. EBITDA was down €0. 5 million due to continued investments in products and paid activity. Until recently, this combined division had signed 26 new buyers during the quarter.
EveryMatrix CEO Ebbe Gross: "When we are performing better than everyone else, it's hard to say what to do! And EveryMatrix's impact is not only benefiting the business, but more importantly, our customers. "The acquisition of FSB Technology and the strengthening of PartnerMatrix with the support of PartnerMatrix Intelligence, which will enable us to offer the most comprehensive partner platform, are two great examples for us to continue our success and further expand our customer base. We have momentum and can't wait to see what comes next."
Key highlights for Q2 2024
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Acquired FSB Technology, a specialist technology provider for turnkey sports betting companies with extensive operations in the UK, Ireland and Africa.
- Rebranded PartnerMatrix Intelligence (formerly DeepCI) to create a universal system for managing partner programs and tracking data managed by PartnerMatrix.
- First US casino content aggregator partner - Smooth transition from Supremeland Gaming, Inc. to DraftKings via SlotMatrix in New Jersey
- EGR Awards: Casino Software Provider and Aggregator Platform of the Year, CasinoBeats Developer Awards: SlotMatrix Aggregator of the Year
- Mihnea Dobre appointed Chief Technology Officer
- CasinoEngine tops 6 billion monthly rounds played and €6 billion in monthly revenue
- OddsMatrix hits record for 176, 000 live events in one month