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Added to YB: 2025-11-11

Pitch date: 2025-11-08

EVO.ST [neutral]

Evolution AB (publ)

-1.67%

current return

Author Info

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 645.20

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

N/A

Show full summary:
Q&A with Evolution Investor Relations

EVO.ST (update): Management sees moat as executional not structural, competing with Netflix/TikTok more than casinos. Grey market exposure questions dodged despite new Communications dept forming to improve reputation. Emphasizes B2B focus, no sports betting/B2C plans. Strong cash generation but limited transparency on unregulated market risks remains key concern.

Read full article (5 min)