Added to YB: 2024-12-17
Pitch date: 2024-12-14
EVO.ST [bullish]
Evolution AB (publ)
-28.08%
current return
Author Info
WorldStocks Investments Research are private investors who love investing in quality businesses, with high returns on invested capital, and management teams that are aligned and incentivized to generate long-term shareholder value. Sign up for the newsletter.
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 874.63
Price Target
N/A
Dividend
4.93%
EV/EBITDA
7.33
P/E
10.26
EV/Sales
4.81
Sector
Hotels, Restaurants and Leisure
Category
growth
Evolution AB - Part 2
EVO.ST: Live casino leader w/ strong network effects, high switching costs & innovation culture. 30%+ proprietary games drive 20%+ revenue. Economies of scale, data advantage & brand trust key. M&A (Ezugi, NetEnt, BTG) expands offering. Management aligned but could improve capital allocation. US/Asia expansion promising.
Read full article (21 min)