Added to YB: 2025-07-22
Pitch date: 2025-07-19
EVO.ST [neutral]
Evolution AB (publ)
+1.99%
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 15.8B
Pitch Price
SEK 843.60
Price Target
864.00 (+0%)
Dividend
3.59%
Sector
Hotels, Restaurants and Leisure
Category
growth
Evolution’s Back on Track and the Valuation’s Still Cheap
EVO.ST (earnings update): Q2 rev +3.1% YoY to €524.3M (+8.8% constant currency), EBITDA €345.3M (65.9% margin). Asia rev +3.6% despite cybercrime issues; Europe -5.8% from self-imposed restrictions; N.America strong +22.8%. FCF €192.3M (weak due to taxes). CEO bought 100K shares at ~670 SEK, now up 25%. Fair value ~864 SEK vs current ~745 SEK.
Read full article (3 min)