Q1 2025 sees EveryMatrix revenue increase by 39%.

EveryMatrix has announced its financial results for Q1 2025, showing growth across core business units.

For the quarter, the supplier posted €54m ($57.8m) in net revenue, a 39% jump from last year. EBITDA reached €28m, climbing 27% compared to the same period. The EBITDA margin hit 52%, marking its eighth straight quarter above 50%.

Operational highlights included the migration of Bet600 to the EveryMatrix platform. A proprietary horse racing solution was also launched, developed in collaboration with FSB’s racing team and EveryMatrix’s OddsMatrix division. The product provides event coverage and includes system bet features, bonus tools and live streaming capabilities.

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In a significant move, EveryMatrix signed an agreement to provide a full casino platform to SkyCity Entertainment Group. SkyCity, which operates land-based casinos in New Zealand and Australia, will transition its online brand, SkyCitycasino.com, to EveryMatrix later this year.

The sports division recorded a 30% year-on-year rise in turnover to €1.7bn and a 60% rise in gross gaming revenue (GGR) to €154m. Casino operations reported €28.6m in net revenue, a 44% year-on-year increase.

Ebbe Groes, EveryMatrix Group CEO, stated: “I’m very excited for 2025. Q1 was a solid quarter, a great start, and the rest of the year looks just as promising.

“Our sports division never ceases to amaze me, breaking record after record. This quarter, we managed to reach 600,000 live events, all thanks to our ability to expand our coverage and add new products and features even while experiencing this much continuous growth.”

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