Igaming technology provider EveryMatrix continued its recent growth in Q2 by posting record net revenue and achieving a record profit margin.
Net revenue of €42.4m across all products, up 57 per cent year-on-year, was matched by a profit margin of 59 per cent.
Q2 2024 is now the fifth successive quarter where EveryMatrix has recorded growth and profit margin have topped 50 per cent.
Ebbe Groes, group CEO of EveryMatrix, said the company has enjoyed its “best-ever period of sustained growth.”
He said the growth is “benefiting not just the business, but also crucially our customers, ensuring they continue to break their own records month after month.”
There was an eleventh consecutive record quarterly performance in gross gaming revenue for operator partners in the Casino segment, the figure reaching €658m in Q2 – a 53 per cent hike year-on-year.
OddsMatrix’s quarterly sportsbook turnover rose 48 per cent to €1.2bn, while GGR was up 67 per cent to €95m.
The Platform segment saw Q2 net revenue rise 35 per cent to €7.8m, while the EveryMatrix Player Account Management system’s 255,000 bets per minute at peak times is a new high in that regard.
“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,” Groes added.
“We have enormous momentum, and I can’t wait to see what happens next.”
The Affiliate Platform division, including PartnerMatrix and the newly rebranded PartnerMatrix Intelligence, posted net revenue of €1.4m in Q2, up 66 per cent year-on-year.
