Strong first quarter outcomes announced by EveryMatrix
Stellar Start for EveryMatrix with Q1 2025ales and Strategic Partnerships!
Here's the lowdown on EveryMatrix's explosive Q1 2025, brimming with revenue growth and groundbreaking partnerships:
📈 Big Bucks: EveryMatrix reported a whopping net revenue of €54 million, a colossal 39% increase from the Q1 of 2024. The total top-line revenue clocked in at €101 million, up 27% year-over-year[1][2][3].
💰 Green in the Pocket: EBITDA surged by 27% year-over-year to reach a whopping €28 million[1][3]. The EBITDA margin remained impressive at 52%, slightly dipping from the previous year's 57% due to heightened investments in casino content[1][3].
🎰 Casino Royale: The casino segment saw its strongest quarterly financial results ever, with a 44% year-over-year increase in net revenue to €28.6 million. Adjusted EBITDA for the casino division shot up by 29% to €16.8 million[1][2].
🏃 Marathon Mania: The sports division boasted a 60% increase in gross gaming revenue (GGR) to a hefty €154 million, with quarterly turnover rising by 30% to a staggering €1.7 billion[1][2].
The sportsbook division's exceptional performance saw a 60% increase in gross gaming revenue (GGR) during Q1 2025, establishing a significant milestone with a hefty €154 million in GGR. In the tech sector, EveryMatrix announced a strategic partnership with a leading finance company, aiming to revolutionize the business model of their online sportsbook platforms using advanced technology.
