Professional
Added to YB: 2024-01-17
Pitch date: 2024-01-17
EVO.ST [bullish]
Evolution AB (publ)
-42.3%
current return
Author Info
No bio for this author
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 1.1K
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
SVN Capital holding - Evolution ($EVO.ST)
EVO: CEO meeting highlights EVO as top live casino supplier. Key points: 1) NetEnt acquisition boosts margins & tech despite slower growth 2) US expansion via new games like Crazy Time in NJ 3) €400M buyback at cheap valuation with 20%+ ROIC Thesis intact with strong growth runway ahead.
Read full article (4 min)