Evolution AB (publ) logo

Evolution AB (publ)

EVO.ST
Consumer CyclicalSTOSweden
577.80SEK-8.60 (-1.47%)

About Evolution

Evolution AB develops, produces, markets, and licenses live casino and slots solutions to gaming operators primarily in Europe and the United States.

The company's innovative approach includes:

  • Live Casino Gaming: Evolution AB operates games from real casino tables, streaming the action in real-time. This allows end users to participate and make betting decisions using their digital devices, including computers, smartphones, and tablets.

  • Game Portfolio: The company's extensive portfolio includes popular online live table games such as Live Roulette, Blackjack, Baccarat, Super Sic Bo, Dragon Tiger, Craps, Live Casino Hold'em, Three Card Poker, and Ultimate Texas Hold'em.

    Evolution AB operates around 1000 tables, showcasing its large scale and capacity to entertain a wide audience.Evolution AB operates around 1000 tables, showcasing its large scale and capacity to entertain a wide audience.

Evolution AB operates around 1000 tables, showcasing its large scale and capacity to entertain a wide audience.

The company was formerly known as Evolution Gaming Group AB.

Evolution AB was founded in 2006 and is headquartered in Stockholm, Sweden.

Evolution's Business Strategy

Evolution AB has firmly established itself as the global leader in B2B live casino solutions, catering to over 800 gaming operators worldwide. Since its inception in 2006, the company has developed a scalable and high-margin business model, primarily generating revenue through commission-based fees tied to…

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Our Take on Evolution

Pros:

Global Leader in Live Casino Gaming: Evolution is the dominant B2B provider of live casino content for online gambling operators, offering high-quality streaming of table games (roulette, blackjack, baccarat) with real dealers, a segment with high engagement and monetization.

Scalable, High-Margin Business Model:

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Company Details

Exchange
STO
Country
Sweden
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
CEO
Martin Carlesund
Employees
16,368
IPO Date
2015-03-20
ISIN
SE0012673267
Website
evolution.com

Key Metrics

Market Cap
115.11BSEK
P/E Ratio (TTM)
10.16
Net Profit Margin
50.14%
Debt / Asset Ratio
0.03
Dividend Yield (TTM)
5.33%
Volume
113,846
Avg Volume
634,821
Shares Outstanding
199.23M
Free Float
65.04%
β Beta
0.94
52W Range
515.4 - 887.6

Fundamental Analysis

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Section Scores

Profitability
4.9/5Excellent
Liquidity
4.0/5Good
Leverage
5.0/5Excellent
Cash Flow
3.0/5Average
Valuation
4.0/5Good

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