Added to YB: 2026-08-28
Pitch date: 2026-08-26
EVVTY [neutral]
Evolution AB (publ)
+0.14%
current return
Author Info
No bio for this author
Company Info
Evolution AB (publ) develops, produces, markets, and licenses live casino and slots solutions to gaming operators in Europe, Asia, North America, Latin America, and internationally.
Market Cap
SEK 14.3B
Pitch Price
SEK 829.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.40
P/E
14.10
EV/Sales
6.44
Sector
Hotels, Restaurants and Leisure
Category
growth
Evolution AB (EVVTY): 3Q Updates and Valuations
EVVTY (trimmed position): Evolution’s growth has been negative for four quarters, but live game-show data suggest a potential return to growth and possibly a record quarter, led by Ice Fishing. A third-party model forecasts €558M of revenue, more than 10% above 3Q 2025, though it excludes table games and slots and recently overshot by 3-5%. Meanwhile, buybacks retired 6% of shares in three months, with authorization remaining for another estimated 7-8%.
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