Added to YB: 2025-05-05
Pitch date: 2025-05-01
EVO.ST [neutral]
Evolution AB (publ)
-1.34%
current return
Author Info
No bio for this author
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 11.5B
Pitch Price
SEK 643.05
Price Target
N/A
Dividend
4.85%
EV/EBITDA
7.45
P/E
10.42
EV/Sales
4.89
Sector
Hotels, Restaurants and Leisure
Category
growth
Evolution: 1Q25 Business Update
EVO.ST (earnings update): Q1 revs +4% y/y (CC +6%), down from +12% last Q. Growth hit by Asia cyber attack countermeasures (3rd Q affected) & EU market ring-fencing causing -1% EU growth. Mgmt believes underlying demand remains strong. EBITDA -1% at €342M (66% margin). New studios in RO, NJ, BR & PH signal confidence. 2025 has 'strongest product roadmap' with 110 games. Key Q: Is slow growth self-inflicted or market weakness?
Read full article (6 min)