EveryMatrix overcomes German challenges to make a $US15.7 million profit in the fourth quarter.

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EveryMatrix

Despite difficulties in the re-regulated German market, EveryMatrix has forecast excellent business in 2021, with its sports services, in particular, seeing significant growth.

The company posted a profit of €13.9 million [$US15.7 million] in the fourth quarter of last year, up 26% over the same period the previous year, when it released its Q4 and full-year trading results. In the meantime, EBITDA in Q4 2021 was €4.4 million, up 23 percent over the same period in 2020. For the whole year, the B2B igaming technology provider reported a gross profit of €51.5 million, up 32 percent year on year, and EBITDA of €19.7 million, up 65 percent year on year.

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Nassima Azmzm

Nassima Azmzm

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