Added to YB: 2024-09-03
Pitch date: 2024-09-01
EVO.ST [bullish]
Evolution AB (publ)
-38.02%
current return
Author Info
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Company Info
Evolution AB (publ) develops, produces, markets, and licenses online casino systems to gaming operators in Europe, Asia, North America, Latin America, and internationally.
Market Cap
SEK 11.3B
Pitch Price
SEK 1.0K
Price Target
140.00 (-78%)
Dividend
4.93%
EV/EBITDA
7.33
P/E
10.26
EV/Sales
4.81
Sector
Hotels, Restaurants and Leisure
Category
growth
#52 Evolution AB - Break the bank by hitting the jackpot
EVO.ST: Dominant live casino provider w/ 70% EBITDA margin, 84% rev from Live (34% YoY growth). Strong IP, scalability, network effects. Risks: regulation, customer concentration. Global online gambling market CAGR 11.7% to 2030. 38% upside potential at 17x fwd P/E. Expansion opps in Europe/Asia.
Read full article (28 min)