Added to YB: 2024-02-08
Pitch date: 2024-02-07
EVO.ST [bullish]
Evolution AB (publ)
-47.11%
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 1.2K
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: An Even Stronger Buy After Full Year Earnings
$EVVTY: Swedish iGaming co. with 40% share in regulated software & games. Moats & Monopolies invested more post-FY23 results. High margins (60% NI), 23.5% rev growth, 30% EPS growth. Expanding rapidly with new studios. Projecting 12-14% annual EPS growth, 15-17% returns over next decade. Strong Buy.
Read full article (7 min)