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Added to YB: 2025-01-15

Pitch date: 2025-01-15

EVO.ST [bullish]

Evolution AB (publ)

-24.02%

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 11.3B

Pitch Price

SEK 827.89

Price Target

1.5K (+138%)

Dividend

4.93%

EV/EBITDA

7.33

P/E

10.26

EV/Sales

4.81

Sector

Hotels, Restaurants and Leisure

Category

growth

Show full summary:
Evolution AB (EVO.ST) Reaffirmed Buy Rating with Target Price Adjusted to SEK 1,500

EVO.ST: DNB reiterates Buy, PT SEK 1500. New games Lightning Storm & Crazy Balls perform well. Q4 daily turnover -1% vs Q3 -9%. Est Q4 rev +12% YoY to €534M (Live Casino +13%, RNG +7%). Est Q4 EBITDA €364M (+8% YoY), 68% margin. Dec turnover strong: +14% MoM, +20% YoY.

Read full article (1 min)