{"id":250,"date":"2024-06-26T21:28:48","date_gmt":"2024-06-26T18:28:48","guid":{"rendered":"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/"},"modified":"2024-06-26T21:28:48","modified_gmt":"2024-06-26T18:28:48","slug":"everymatrix-reports-strong-financial-performance-in-q3-2021","status":"publish","type":"post","link":"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/","title":{"rendered":"EveryMatrix Reports Strong Financial Performance in Q3 2021"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Gd8NPiZhYSg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>EveryMatrix unveiled its financial report for the first half of 2021. The B2B gaming technology provider revealed its operating outcomes for the initial nine months of 2021 (Q1-Q3). <\/p>\n<p>The organization continued to observe robust revenue expansion during the period, securing several crucial new customers in regulated markets and further broadening its comprehensive product selection.<\/p>\n<p>**Solid Financial Performance**<\/p>\n<p>The newly issued report indicates that gross profit (total revenue minus direct expenses, such as game suppliers) in the third quarter of 2021 was \u20ac12.6 million, a 46% increase year-over-year. For the initial nine months of 2021, gross profit rose by 35% year-over-year to \u20ac37.6 million.<\/p>\n<p>EBITDA also exhibited robust growth, reaching \u20ac4.4 million, a 12% increase year-over-year. For the initial nine months of 2021, EBITDA climbed by 77% year-over-year to \u20ac14.8 million.<\/p>\n<p>Ebbe Groes, CEO of EveryMatrix Group, remarked on the outcomes: &#8220;The solid financial performance this quarter validates our capacity to execute our declared growth strategy. In the casino sector, we have witnessed a significant impact from the regulatory adjustments in Germany, where EveryMatrix holds a strong position.&#8221; <\/p>\n<p>Although this is the case, the variety of our clientele and our well-rounded product offerings indicate that our performance for the initial nine months remains considerably superior to the comparable period in the previous year.<\/p>\n<p>**Growth in the American Market**<br \/>\nDuring the third quarter of 2021, EveryMatrix broadened its operations into new territories within the United States through multi-state casino content agreements with Resorts Digital Gaming and Kindred Group. EveryMatrix also enhanced its payment capabilities through collaborations with PXP Financial and Nuvei.<\/p>\n<p>\u201cOur expansion plans for the highly appealing US market are progressing smoothly. We currently have offices, a skilled team, channels that are generating revenue, and we continue to advance with the licensing process,\u201d stated Gross.<\/p>\n<p>**Ongoing Product Enhancements and New Key Agreements**<br \/>\nThe organization continued to introduce several new product initiatives, including a significant upgrade to its OddsMatrix sports betting data solution, which empowers customers to fully control and define their own odds and payout levels.<\/p>\n<p>To further assist its customers, the company introduced a managed services offering. This new division provides comprehensive marketing and operational support, enabling operators to capitalize on opportunities, enhance their brand performance, and gain market share.<\/p>\n<p>In the third quarter, the organization completed the restructuring of its platform division, resulting in reduced operating costs and improved efficiency. <\/p>\n<p>Within the commercial sphere, Winmasters, a top-tier client in the Greek regulated market, has achieved a notable milestone by transitioning to EveryMatrix&#8217;s comprehensive product suite, encompassing casino, sports betting, and platform services.<\/p>\n<p>&#8220;Our commitment to providing highly scalable and modular software platforms and solutions has attracted leading clients, steadily expanding our reach. Our growth strategy is underpinned by a balanced portfolio across our three core business divisions: casino, sports, and platform. This diverse mix enables us to achieve a balanced revenue distribution. The results of this quarter serve as a testament to the effectiveness of this strategy,&#8221; Groes remarked.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>EveryMatrix unveiled its financial report for the first half of 2021. The B2B gaming technology&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EveryMatrix H1 2021: Strong Growth &amp; New Clients<\/title>\n<meta name=\"description\" content=\"EveryMatrix reports impressive H1 2021 results, showcasing strong revenue growth and new client acquisitions in regulated markets.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"EveryMatrix Reports Strong Financial Performance in Q3 2021\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"EveryMatrix reports impressive H1 2021 results, showcasing strong revenue growth and new client acquisitions in regulated markets.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Stay Informed with Our In-Depth Casino News &amp; Licensed Gaming\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-26T18:28:48+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/\",\"url\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/\",\"name\":\"EveryMatrix H1 2021: Strong Growth & New Clients\",\"isPartOf\":{\"@id\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-26T18:28:48+00:00\",\"dateModified\":\"2024-06-26T18:28:48+00:00\",\"author\":{\"@id\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"EveryMatrix reports impressive H1 2021 results, showcasing strong revenue growth and new client acquisitions in regulated markets.\",\"breadcrumb\":{\"@id\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/2024\/06\/26\/everymatrix-reports-strong-financial-performance-in-q3-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EveryMatrix Reports Strong Financial Performance in Q3 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/trueffortunecasinonodepositbonus.icu\/\",\"name\":\"Stay Informed with Our In-Depth Casino News &amp; Licensed Gaming\",\"description\":\"Immerse yourself in the dynamic world of online gambling through our regularly updated news, honest game reviews, and informative insights. 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