Evolution AB

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Evolution AB engages in the development, production, marketing, and licensing business to business casino solutions to gaming operators. It provides live casino studios, land-based live casino, mobile live casino, and live casino for television. The company was founded by Richard Hadida, Jens von Bahr and Fredrik Osterberg in 2006 and is headquartered in Stockholm, Sweden.

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of American Depositary Shares (“ADSs”) of Evolution AB (publ) (OTC: EVVTY) between February 14, 2019 and October 25, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2024. SO WHAT: If you purchased Evolution AB.

ROSEN, A LONGSTANDING LAW FIRM, Encourages Evolution AB (publ) Investors to Secure Counsel Before Important Deadline in Securities Class Action – EVVTY

Alibaba

Visa

Dividend investing should focus on companies with quality and growing free cash flow, rather than just high dividend yields. Alibaba, despite concerns and regulatory issues, is still a strong Chinese company with potential for dividend growth and capital gains. Evolution Gaming, a Swedish company in the gaming industry, has impressive financials and has been increasing its dividend at a high rate.

Top 3 Dividend Growth Companies You Must Have In Your Portfolio

British American Tobacco

Coca-Cola

Microsoft

Procter & Gamble

SPDR S&P 500 ETF Trust

VeriSign

Accumulation strategy maximizes compound interest and has the potential to radically change one's economic condition over the long term.

Accumulation Vs. Distribution: Which Strategy Is Better?

EVO surged 20% since my recent article, but I still believe it is a Strong Buy. I believe that in a conservative case, it is undervalued by 24%, and in an optimistic case, by 47%. The bad news from last quarter was the struggle to keep up with demand, which is the best kind of bad news.

Evolution AB: Still A Strong Buy, Looks Like A Bargain

Dynatrace Inc

Medpace Holdings

Uber

Ulta Beauty

Last month, Finbold reported allegations against Michael Guest, chairman of the House Ethics Committee, for allegedly trading around $500,000 in stock and options in 2023, violating the STOCK Act twice.

U.S. Chair of House Ethics Committee is buying gambling stocks

Evolution AB is a leading provider of live casino solutions in the fast-growing online gambling industry and has a compelling business model and high profit margins. The stock is currently undervalued, down 22% from its peak, and is rated as a BUY with a target price of SEK 1194 or USD 110. Evolution benefits from significant economies of scale, a strong competitive advantage, and a management team with a track record of success.

Evolution AB: Long-Term Compounder Trading At Fair Valuation

STOCKHOLM , Nov. 23, 2023 /PRNewswire/ -- The board of directors of Evolution AB (publ) has, based on the authorisation from the annual general meeting 2023, resolved that the company shall acquire own shares on Nasdaq Stockholm. The purpose of acquisitions of own shares is to optimise and improve the capital structure of the company by reducing the capital, thereby creating added shareholder value.

The board of directors of Evolution AB (publ) has resolved on acquisitions of own shares

Evolution AB may resume share buybacks due to a new incentive program, low valuation multiples, and the huge cash balance. The capital allocation strategy, which has been deficient in recent years, has room to improve. The roadmap for 2024 is exciting, with more games released than ever and new studios in Europe and America.

Evolution AB: Capital Allocation Might Improve Soon

Evolution AB (OSTO:EVO, Financial) delivered a stellar performance in the third quarter with reported revenue soaring to 452.6 million euros ($456.96 million), paired with Ebitda of 318.6 million euros. This marked a notable 20% surge in top-line growth and an impressive 70.4% Ebitda margin.

Is Evolution a Prime Opportunity Following 3rd-Quarter Results?

Evolution AB is a company with strong financials, including negative net debt, high return on capital, and impressive revenue and free cash flow growth. The company operates in the live casino solutions market, providing games and services to major gaming operators worldwide. Evolution has a dominant competitive position, with a strong focus on innovation, differentiation, and customer satisfaction. It holds 80% of the live software market share.

Evolution AB: An Unknown Gem Dominating The Live Casino Solutions Market

Evolution AB is a high-quality business with substantial free cash flow growth, pricing power, and superior returns on capital. The company is an online gambling games provider, with a focus on live gaming experiences. Live gaming currently represents only 5% of the total casino market but is growing rapidly.

Evolution AB: The Best Opportunity I've Seen In A While

ResMed

SurgePays

With the market rallying hard lately, it's easy to think every stock is participating in the gains. But look a little closer, and you'll see the rally has been very narrow.

3 Top Growth Stock Picks Trading at a Massive Bargain

Evolution AB presents a risk-reward asymmetry and is 40% undervalued compared to my base case scenario with a fair price of €163. The company does not have any obvious reasons for its low valuation, making it an attractive investment over the long term. Evolution's management has strong skin in the game and has the best CPO in the industry who will continue delivering unique games.

Evolution AB's Unjustified Huge Discount

Evolution AB (publ) (OTCPK:EVGGF) Q2 2023 Results Conference Call July 21, 2023 3:00 AM ET Company Participants Martin Carlesund - Chief Executive Officer Jacob Kaplan - Chief Financial Officer Conference Call Participants Martin Arnell - DNB Markets Ed Young - Morgan Stanley Oscar Ronnkvist - ABG Monique Pollard - Citi Kiranjot Grewal - Bank of America James Clark - Barclays Estelle Weingrod - JPMorgan Martin Carlesund Good morning. Welcome, everyone, to the Presentation of Evolution's Report for the Second Quarter of 2023.

Evolution AB (publ) (EVGGF) Q2 2023 Earnings Call Transcript

Evolution AB offers a strong investment opportunity in the growing iGaming market, with a dominant market position and fantastic margins. The company's global reach and diversification of revenue streams, along with its focus on new markets like the US and Brazil, make it an attractive pick for investors. Despite potential risks such as regulatory changes and competition, Evolution AB's current valuation and growth potential indicate a high chance of outperforming the market.

Evolution AB: The Way To Play The IGaming Opportunity

Evolution Gaming is the leader of a fast-growing market. The company should keep increasing its revenue rapidly.

Evolution Gaming: Remarkable Business Dominating The Transition To Online Casinos

Evolution AB (publ) (OTCPK:EVVTY) Q4 2022 Earnings Conference Call February 2, 2023 3:00 AM ET Company Participants Martin Carlesund - CEO Jacob Kaplan - CFO Conference Call Participants Ed Young - Morgan Stanley Oscar Ronnkvist - ABG Joe McNamara - Citi Martin Arnell - DNB Markets Marlon Varnik - Nordea Kiranjot Grewal - Bank of America Simon Davies - Deutsche Bank Operator Good morning, and welcome to the Evolution Q4 2022 Earnings Call. All participants will be in listen-only mode.

Evolution AB (publ) (EVVTY) Q4 2022 Earnings Call Transcript

Evolution AB (publ) is a powerhouse of live casino games in Europe and the U.S. Industry tailwinds, including increasing legislation and online casino penetration rate, are crucial drivers of the company's growth.

Evolution Gaming: Part 1 Of Deep Dive Into A Live Casino Gaming Powerhouse

Evolution AB (publ) (OTCPK:EVVTY) Q3 2022 Earnings Conference Call October 27, 2022 3:00 AM ET Company Participants Martin Carlesund - Chief Executive Officer Jacob Kaplan - Chief Financial Officer Conference Call Participants Joseph McNamara - Citi Oscar Ronnkvist - ABG Ed Young - Morgan Stanley Martin Arnell - DNB Markets Kiranjot Grewal - Bank of America Simon Davies - Deutsche Bank Martin Carlesund Good morning. Welcome, everyone to the presentation of Evolution's Interim Report for the Third Quarter of 2022.

Evolution AB (publ) (EVVTY) Q3 2022 Earnings Call Transcript

The global TAM for gaming is huge - estimated to be EUR359 billion in CY21 - and Evolution AB is getting a lot of market share. The company enjoys economies of scale due to its size, which is reinforced as it continues to grow, hence fending off competitors from scaling.

Evolution AB: Market Leader With Strong Unit Economics Trading Near Trough Multiple

I believe my thesis continues to be supported following Evo's FY '21 earnings print. Growth runways via North American and Asian market regulation will drive sustainable and rapid expansion in my opinion.

Evo's Post-Earnings Bull Case

Evolution AB (publ) (EVVTY) CEO Martin Carlesund on Q4 2021 Results - Earnings Call Transcript

Boyd Gaming

Gambling.com Group

Gan Ltd

International Game Technology

MGM Resorts

Penn Entertainment

These are the sports betting stocks with the best value, fastest growth, and most momentum for Q1 2022.

Top Sports Betting Stocks for Q1 2022

Since a U.S. law firm accused Evolution of operating in illegal gambling markets, the stock has fallen almost 30%. I believe Evo's future secular growth story is intact and they're still producing excellent numbers.

Evolution In Regulatory Crosshairs After Illegal Gaming Accusations

Evolution AB (publ) (EVVTY) CEO Martin Carlesund on Q3 2021 Results - Earnings Call Transcript

News for Evolution AB Stock (EVVTY)