EveryMatrix is flourishing this year! Their earnings are exceeding previous records, with all their ventures experiencing growth. They’re even putting resources into new gaming studios and expanding their reach into the American market. It’s a favorable time to be associated with EveryMatrix.
Financial success was affected by the expansion of the Group’s staff from 553 workers at the end of the initial three months of 2021 to 669 at the conclusion of the initial three months of 2022, as well as expenses associated with the gaming studio and American ventures.
Net cash flow rose from €5.9 million at the end of the first quarter of 2021 to €11.1 million at the end of the first quarter of 2022. The organization is putting positive cash flow back into future growth and maintaining a debt-free position.
“We achieved strong financial results across all three business areas, driven by our balanced and inventive product portfolio and extensive customer base,” stated Ebbe Groes, Chief Executive Officer of EveryMatrix Group. “This period we saw record new customer acquisition, securing 40 agreements covering all products.
“We continue to make internal investments to fuel the next phase of growth, with a primary focus on our gaming studio and the North American market. In addition to internal investments, we are also exploring merger and acquisition opportunities.”
Important achievements in the first quarter
“In light of the events in Ukraine, our top priority has been to ensure the safety of our colleagues, clients, and partners. Since Lviv is a development office, we have managed to minimize operational disruption, and I am deeply grateful for the support provided by our employees and the broader ecosystem,” commented Ebbe Groes.
Sales channels
EveryMatrix has a strong sales channel with vast opportunities globally.
Ebbe Groes concluded that the EveryMatrix team’s strength, the number of potential customers, the success stories of their clients and product launches, as well as their ongoing investments in both internal growth and acquisitions, give him confidence in their growth and financial performance in 2022 and beyond.
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