Added to YB: 2024-02-23
Pitch date: 2024-02-23
EVO.ST [bullish]
Evolution AB (publ)
-50.11%
current return
Author Info
Turtle Capital is an equity analyst and private investor who shares investment ideas and his portfolio in his newsletter. 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 1.3K
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 - $EVO.ST
EVO.ST dominate online gaming w/ 70% EBITDA margin via B2B live casino & slots. 60x sales growth since '12, now #1 live casino provider. Offers immersive gameplay, custom options. Risks: RNG growth, regs, tax, competition, FX. Strong cash conversion, strategic M&A. Bright future.
Read full article (53 min)