EveryMatrix has closed 2024 with record-breaking financial results, showcasing significant growth across all its business units. The company, headquartered in Malta, crossed the €100 million EBITDA threshold for the first time, cementing its position in the iGaming industry. Here’s a breakdown of their exceptional performance:

  • Annual revenue reached €181 million, a 59% YoY growth, with Q4 revenue at €55 million, up 51% YoY. Annual EBITDA grew by 70% YoY to €101 million, while Q4 EBITDA reached €30 million, marking a 49% YoY increase.
  • EveryMatrix expanded its portfolio with the acquisitions of FSB Technology in July and Fantasma Games in October. Both acquisitions were fully cash-funded, and their integration has strengthened the sportsbook and casino segments.
  • OddsMatrix, the sportsbook unit, saw a 135% YoY increase in GGR, totaling €448 million for 2024. Betting volumes rose by 73% YoY, exceeding 515 million bets placed during the year. The unit recorded €11.4 million EBITDA in Q4, up 133% YoY.
  • Fantasma Games’ acquisition added 45 titles to EveryMatrix’s portfolio, increasing the in-house collection to 120+ games. Its distribution network, spanning over 250 operators across 50+ countries, has enhanced market reach, particularly in North America.
  • SlotMatrix achieved milestones in the US market, going live in West Virginia and gaining licenses in all US iGaming states. The division added 1,145 game titles in Q4, further solidifying its global footprint.
  • The casino business unit processed a record 73 billion game rounds in 2024, generating €27.1 million in Q4 net revenue, up 52% YoY. The total GGR reached €2.8 billion, reflecting a 49% annual increase.
  • EveryMatrix’s platform division, GamMatrix, saw 450,000 transactions per minute during peak hours, a 12% QoQ rise. The payment platform, MoneyMatrix, processed 230 million successful payment transactions in 2024.
  • The affiliate division, PartnerMatrix, integrated PartnerMatrix Intelligence and signed 96 new deals in 2024. However, this unit faced challenges, recording a €1.1 million annual EBITDA loss, the only underperforming area.
  • CEO Ebbe Groes emphasized the company’s focus on scalability and innovation, saying, “OddsMatrix’s ability to handle massive growth while launching new features highlights its robust architecture. Our clients’ and staff’s efforts have driven this success.”