EveryMatrix Delivers Record-Breaking Results in 2024

Fourth Quarter Delivers Outstanding Results

The fourth quarter of 2024 capped off the year with exceptional achievements. EveryMatrix recorded €55 million in net revenue, a 51% YoY increase, and €30 million in EBITDA, up 49% YoY.

This success was fueled by high trading margins and new customer launches in key markets.

Strategic Acquisitions Fuel Expansion

EveryMatrix strengthened its offerings in 2024 with two major acquisitions:

FSB Technology expanded the company’s sportsbook capabilities and added 14% to sportsbook Gross Gaming Revenue (GGR). It also doubled the size of the trading team, opening new markets in the UK and Africa.

Fantasma Games added 45 popular titles to the company’s portfolio, increasing its library to over 120 games. These games, now live with 250 operators in 50+ countries, enhanced EveryMatrix’s reach in North America and other growing markets.

Both acquisitions were fully funded from cash flow, leaving the company debt-free.

Outstanding Growth Across Business Units

The OddsMatrix sportsbook had a record year. Betting volumes increased 73% YoY, reaching over 515 million bets in 2024. Sportsbook turnover climbed to €1.9 billion in Q4 and €5.9 billion for the year, marking a 50% YoY increase.

The Casino business unit also performed strongly. GGR reached €2.8 billion for 2024, up 49% YoY, while Q4 net revenue hit €27.1 million, a 52% YoY increase. The SlotMatrix aggregation product added over 1,000 new games and partnered with 33 vendors, maintaining its position as the world’s largest casino aggregator.

In platform services, GamMatrix processed 450,000 transactions per minute during peak hours, while MoneyMatrix handled 230 million transactions in 2024. This doubled the platform’s volume YoY and demonstrated its scalability in high-demand markets.

Expanding Market Reach

EveryMatrix continued to expand its global reach in 2024. The company’s Player Account Management system, GamMatrix, launched in Peru and Croatia. SlotMatrix, the company’s content aggregation solution, went live in West Virginia, further strengthening its U.S. presence.

North America remains a key market for growth. With licensing secured in all iGaming states, EveryMatrix has positioned itself as a major player in the region.

Industry Recognition and Strategic Growth

The company received seven major industry awards in 2024, including titles for Multi-Channel Supplier and Casino Aggregator of the Year. EveryMatrix also grew its workforce by 41%, bringing the total number of employees to 1,300.

Beyond commercial success, EveryMatrix launched the Academy for Heroes, a nonprofit initiative in Ukraine. This program helps war veterans transition to careers in IT, reflecting the company’s commitment to social impact.

Ebbe Groes, Group CEO of EveryMatrix, reflected on the company’s record-breaking year: “The momentum we’ve set in the last few years shows no signs of slowing down. Most of all, this is a result of our clients growing with us and my heartfelt thanks go to our customers and our staff. Your loyalty and efforts jointly did this. We will keep pushing to improve all products help our clients’ continued growth!”