EveryMatrix Press Releases
EveryMatrix releases Interim 2021 Financial Report
B2B iGaming technology provider EveryMatrix has released its Interim Financial Report covering its performance in the first nine months of 2021 (Q1 to Q3).
During the reporting period, the Group has continued its strong top-line growth while winning several key new customers in regulated markets and further developing its comprehensive product portfolio.
STRONG FINANCIAL PERFORMANCE
The newly released report shows gross profit (gross revenue less direct costs to e.g., game suppliers) at €12.6 million in Q3 2021, an increase of 46% compared to the same period last year. For the first nine months of 2021, gross profit increased by 35% YoY to €37.6 million.
EBIDTA also shows strong development and amounted to €4.4 million, an increase of 12% compared to the same period last year. For the first nine months of 2021, EBITDA increased by 77% YoY to €14.8 million.
Ebbe Groes, Group CEO of EveryMatrix, says: “The strong financial performance this quarter confirms our ability to deliver on the growth strategy we have set out. In the Casino segment, we saw a significant impact of the regulatory changes in Germany, where EveryMatrix is particularly strong. But the diversity of our client base as well as our well-balanced product portfolio means that this nine-month period is still strongly up on the year before.”
US MARKET EXPANSION
In Q3 2021, EveryMatrix continued to expand its presence in the new US market through multi-state casino content agreements with Resorts Digital Gaming and Kindred Group. EveryMatrix has also increased its payments capabilities by entering partnerships with PXP Financial and Nuvei.
“Our expansion plan for the highly attractive US market is progressing very well. We now have an office, an experienced team, a pipeline that is delivering sales, and we continue to advance with the licensing process.” continues Ebbe Groes.
ONGOING PRODUCT ENHANCEMENT AND NEW KEY SIGNINGS
The Group has continued to launch several new product initiatives, amongst them a significant upgrade to its OddsMatrix Sports Betting Data Solution, allowing clients to fully control and define their own odds and payout levels.
To further support its customers, the company has launched Managed Services. This new division provides 360° marketing and operational support, enabling operators to capitalise on opportunities, improve their brand performance and win market share.
In the third quarter, the Group completed the restructuring of its Platform division, leading to reduced operating costs and increased effectiveness.
On the commercial side, a major milestone was reached when a new Tier-1 client in the regulated Greek market, winmasters, was migrated to EveryMatrix’s full product suite: Casino, Sports, and Platform.
“We continue to expand footprint by attracting Tier-1 clients through our compelling product offering consisting of highly scalable and modular software platforms and solutions. A key part of our growth strategy is to have a well-balanced portfolio comprising our three business segments, Casino, Sports, and Platform. This mix enables us to have a healthy split of revenues. The importance of this strategy is clearly demonstrated by this quarter’s results”, concludes Ebbe Groes.
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Danske Spil
Danske Spil selects EveryMatrix to power casino and bingo offerings
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EveryMatrix platform technology has been selected by tier-1 operator Danske Licens Spil to power its casino and bingo in a long-term partnership.
Denmark’s leading casino brand and a subsidiary of state-owned Danske Spil will migrate its casino and bingo business from its existing provider to the EveryMatrix tech stack ready for a summer 2026 launch.
This includes EveryMatrix’s proven gamification and engagement tools enabling the brand to offer its customers richer, more engaging experiences while increasing acquisition and retention levels.
The partnership marks the tier-1 supplier’s most significant casino platform deal of this year and another large-scale state-owned operator signing a long-term technology agreement, cementing EveryMatrix’s place as one of the world’s most trusted and valuable iGaming platform providers.
It has delivered and won its largest tier-1 platform deals and generated record-breaking growth and profitability for both the business and its customers via its turnkey platform offering with casino, sports betting and technologies at the heart of its success.
Ebbe Groes, Group CEO & Co-Founder, EveryMatrix, said: “To earn the confidence of the Danske Licens Spil’s management team to deliver this project and replace their existing platform technology for the first time since Denmark regulated in 2012 is a huge endorsement. I’d like to personally thank them for the trust they’ve placed in EveryMatrix.
“The rate at which we’re winning and delivering large, tier-1 turnkey platform deals to power some of the world’s best-known brands is rapidly accelerating. This is thanks to the tireless efforts of our experts and the superior technology solutions they design and deploy.”
Søren Schneider, iGaming Director at Danske Licens Spil, said: “After a thorough selection process, we have chosen EveryMatrix as our future platform partner for casino and bingo. We look forward to leveraging their modern and flexible technology to enhance our offering and provide an engaging and responsible gaming experience for our customers. EveryMatrix’s agile platform makes it easy for us to integrate with a wide range of game providers, strengthening both our offering and the overall player experience.”
The post Danske Spil selects EveryMatrix to power casino and bingo offerings appeared first on European Gaming Industry News.
EveryMatrix Press Releases
SlotMatrix gets spooky with the launch of Ghost Pigger
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The post SlotMatrix gets spooky with the launch of Ghost Pigger appeared first on European Gaming Industry News.
Bjorn Sjoberg COO SlotMatrix
SlotMatrix grows Enchanted Jackpots with Circle of Sylvan launch
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SlotMatrix, the world’s largest iGaming content aggregator, introduces Circle of Sylvan, a spellbinding new slot where enchanted forests, glowing coins, and powerful jackpots fuse to create fun and exciting potential wins.
Deep in the heart of the Sylvan realm lies hidden treasure, guarded by ancient trees and shimmering coins. Players are invited to channel magical energy into the Golden Circle, nourishing the mystical Golden Tree and growing the value of five dynamic Jackpots.
Each Sylvan coin collected adds 0.5x to the Jackpot prizes, creating a living, breathing prize pool that expands with every spin.
At the heart of Circle of Sylvan is the Jackpot Wheel, an awe-inspiring feature where every Sylvan coin that lands on the reels has the chance to summon the mystical wheel. Once summoned, the wheel awards one of five Jackpot prizes, boosting player suspense and bringing exciting rewards.
The excitement doesn’t stop there. The Free Spins multiplier grows each time players narrowly miss a Free Spins trigger by just one reel. With every two progressions, the multiplier climbs another level, reaching up to an astonishing 50x. Locking all positions on a reel further boost the multiplier during the Hold & Win Free Spins, turning near misses into thrilling opportunities.
All collected cash prizes during Hold & Win are multiplied by the current Free Spin multiplier.
Circle of Sylvan is exclusively available through SlotMatrix. As with all SlotMatrix titles, the game is enhanced by EveryMatrix’s proprietary gamification features, including free spins and leaderboards, and can be integrated with EngageSuite, the all-in-one player loyalty solution.
Bjorn Sjoberg, COO, SlotMatrix, said: “Players will love Circle of Sylvan. This was an ambitious fusion of progressive jackpots, innovative mechanics, and immersive storytelling.
“A perfect example of how SlotMatrix is redefining the slot experience, giving operators a truly standout title with incredible engagement potential.”
The post SlotMatrix grows Enchanted Jackpots with Circle of Sylvan launch appeared first on European Gaming Industry News.
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