EveryMatrix Q1 Results Spark Hope for Outstanding 2025 Performance

EveryMatrix, a leading provider of gaming content, technology and services, has published its report for the first quarter of 2025, saying that it is “set for another powerhouse year.”

EveryMatrixs Started 2025 on a Strong Note

In its report, the tier-1 supplier outlined a Q1 net revenue of EUR 54 million ($61.3 million), marking an increase of 39% year-on-year.

At the same time, the company reported an EBITDA increase of 27% YOY to EUR 28 million ($31.8 million), driven by strong growth from existing clients and new product launches. EveryMatrix added that its EBITDA margin for the period stood at 52%, marking it the eighth consecutive quarter above 50%.

EveryMatrix attributed the favorable EBITDA metrics to its robust financial discipline. For further reference, the company’s last twelve months’ EBITDA reached EUR 107 million ($121.5 million), up 50% YOY.

Taking a look at how the various divisions performed, EveryMatrix explained that the sports segment experienced delivered exceptional growth as turnover rose 30% YOY to EUR 1.7 billion ($1.93 billion). GGR, on the other hand, climbed 60% YOY to EUR 154 million ($174.94). The company attributed this growth to its record-breaking reach, which saw it reach approximately 600,000 live events.

The casino segment, meanwhile, posted record-breaking net revenue of EUR 28.6 million ($32.5 million), up 44% YOY. Casino GGR and EBITDA reached EUR 753 million ($855.4 million) (up 22% YOY), and EUR 16.8 million ($19.1 million) (up 29% YOY) respectively.

EveryMatrix concluded that GamMatrix, its gaming and PAM platform, saw its net revenue rise by EUR 8.6 million ($9.8 million), up 18% YOY. EBITDA landed at EUR 2.4 million ($2.7 million), down 23% YOY due to a change in internal revenue allocation.

EveryMatrix Set for a Standout 2025

In addition to the thrilling results, EveryMatrix listed a number of Q1 achievements, including the successful migration of Bet600, its first full turnkey FSB Technologies client in the UK, to the EveryMatrix platform.

EveryMatrix also launched its cutting-edge proprietary Horse Racing solution, pairing FSB’s horse racing expertise with OddsMatrix’s development teams. The solution now provides horse racing coverage with over 10,000 monthly events and a variety of cutting-edge features and live-streaming integrations.

Moreover, EveryMatrix signed a major deal with SkyCity Entertainment Group, one of New Zealand’s casino giants. Under this agreement, EveryMatrix will supply a full casino turnkey platform solution to the operator, migrating it to the EveryMatrix platform.

Additional highlights included the launch of the company’s inaugural dedicated blackjack tables, the launch of SlotMatrix content with Caesars across five states, 14 integrations with new casino vendors, and 20 new PartnerMatrix clients.

CEO Groes Continues to Be Amazed by the Sports Division

CEO Ebbe Groes commented on the results, saying that he is very excited for 2025 due to the incredible start to the year.

Q1 was a solid quarter, a great start, and the rest of the year looks just as promising. We had a phenomenal year in 2024, which will be hard to beat, but thanks to the momentum we’ve set in motion during the last few years, I’m sure we’ll be able to do it.

Ebbe Groes, CEO, EveryMatrix

Groes concluded that he continues to be amazed by the spectacular performance of his company’s sports division and applauded the fact that the company managed to reach 600,00 live events.