Rapidly growing B2BiGaming technology provider EveryMatrix has set a new record for the seventh consecutive quarter with a 55% surge in returns. This makes it one of the most profitable tier-1 suppliers in the industry today.
EveryMatrix's Q2 2023 update shows significant organic growth and profitability across casinos, sports and platforms, with net income of EUR 27 million and EBITDA of EUR 15 million, up 82%, 188%, and 15% and 42% year-over-year, respectively.
EBITDA/NET MARGIN rose from 45% in Q1 2023 to 55% in Q2 2023 on the back of strong growth and successful cost control, the highest quarterly profit margin for EVERYMATRIX.
It's another record quarter for the entire business as EveryMatrix Casino products continue to prove to be the driving force behind the accelerated growth of multiple global Tier-1 brands.
EveryMatrix reported quarterly Gross Growth Gaming Revenue (GGR) results for its operator partners in its casino division, up 16% from the previous quarter, up 86% from the same period in 2022.
Casino net sales also rose 83% Y/Y to 12.6 million euros in the quarter.
Casino Engine, the industry's top productivity platform for EveryMatrix, generated revenue of €4 billion per month and surpassed €4 billion per month for the first time.
The sports business segment generated 57 million euros in GGR, up 137% year-over-year, while sports net sales for the quarter increased 79% year-over-year.
EveryMatrix's Platform division saw its net sales grow 85% year-over-year, with customers making more than 90,000 bets per minute during peak hours, while at the same time completely rewriting several key customers and migrating to scalable wallet services.
On July 1, EveryMatrix acquired DeepCI, a unique data-driven betting and gaming alliance optimization service. 경마사이트프로
DeepCI's proprietary technology monitors tens of thousands of affiliated sites around the world, allowing you to locate each game brand on every page of every website, so you can see how exposed each brand is on each site, page, and market and provide executable recommendations to operators.
It provides its services to the world's largest betting and game brands, including bet365, 888.com , Betway, and Betson.
The service enables game companies to track their and competitors' performance and make optimization decisions for rapid and profitable growth. DeepCI has already reached profitability due to its remarkable growth.
The DeepCI team is integrated into EveryMatrix, with CEO Lewis Civin managing the business as an independent part of the group.