Added to YB: 2025-03-25
Pitch date: 2025-03-24
EVO.ST [bullish]
Evolution AB (publ)
-17.77%
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 764.94
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
turnaround
Evolution AB ($EVO; $EVVTY)
EVO.ST: Top live casino provider w/ stellar financials. Trades at multi-year lows due to regulatory risks. 60% rev from unregulated markets. Likely outcomes: gradual regulation (Philippines case study) or status quo. Outright bans unlikely. Near-term issues (cyberattacks, UK review) temporary. Growth from new markets (US) & online gaming tailwinds. FCF, buybacks & potential re-rating as rev mix shifts to regulated markets.
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