EveryMatrix’s rapid growth trajectory continued in Q3 2024, again setting record net revenue boosted by two major casino and sports acquisitions in the last five months.
The global tier-one business has seen headcount rise 31 per cent year-on-year to 1,188 following two all-cash acquisitions of FSB Technology in June and, post period, Fantasma Games in October.
Unveiling Q3 2024 results, EveryMatrix set a record high quarterly net revenue of €45m across all products, up 66 per cent, while recording an EBITDA margin of 52 per cent. Q3 EBITDA stood at €23m, up 71 per cent.
The sixth consecutive 50 per cent plus quarterly profit margin was driven by new customer launches, continued growth in its core sports and casino business units and further bolstered by strong sports trading margins.
