EveryMatrix revealed gross profit increased by 33 per cent year-on-year in its Q3 2022 results.
The figure increased to €16.8m (£14.9m) and was largely fuelled by record profit for the igaming technology provider’s casino arm.
EveryMatrix’s casino unit posted £7.7m in gross profit - the company’s best in a quarter – translating to 31 per cent year-on-year growth.
The company said in a release that all business segments including Sports and Platform showed growth, with financial performance ahead of expectations.
EBITDA increased to €6.4m (£5.2m), while the EBITDA / gross profit margin was 38 per cent, growing after successful cost control and profit growth.
Ebbe Groes, group CEO of EveryMatrix, said: “I am pleased to see a fantastic third quarter, with global sales performance and very good financial results.
“Even more important, we won two new tier 1 clients in the quarter, Veikkaus in Finland and bet-at-home in Germany and international markets.
“EveryMatrix launched with BetMGM in the US and Morroco’s state-owned lottery MDJS. The group’s record gross profit across all business segments clearly underlines our strong market position.”
Elsewhere, EveryMatrix announced that record traffic from clients on all products contributed to a total of €100m GGR in September.
Overall, EveryMatrix signed 14 new casino deals and launched with 22 new clients in the quarter.
