Evolution AB (publ)

Evolution AB (publ)

EVO · ST · Consumer Cyclical / Gambling

871.00SEK+5.40 (+0.62%)

Price History

Full chart

Market Stats

Previous Close865.60
Open870.00
Day Range865.40 – 871.40
52-Week Range515.40 – 911.00
Volume222.39K
Market Cap146.53B
P/E (TTM)13.33
Forward P/E13.46
EPS60.18
Dividend Yield0.00%
Beta0.73
50-Day Avg805.52
200-Day Avg670.95

About

Evolution AB (publ) develops, produces, markets, and licenses live casino and slots solutions to gaming operators in Europe, Asia, North America, Latin America, and internationally. It offers casino and live games shows under the Evolution and Ezugi brands; online casino under the NetEnt brand name; and casino games and software comprising jackpot system, a smart spins bonus management application, and tournaments gamification under the Red Tiger brand. It also provides slots titles and game mechanics under the Big Time Gaming brand; online casino platform and games under the Nolimit City brand name; HD spinning gaming wheels under the DigiWheel brand; and B2B social streaming games under the Livespins brand name. The company was formerly known as Evolution Gaming Group AB (publ). Evolution AB (publ) was founded in 2006 and is headquartered in Stockholm, Sweden.

Company Details

  • SectorConsumer Cyclical
  • IndustryGambling
  • CEOMr. Martin Carlesund
  • Employees16.30K
  • HeadquartersHamngatan 11, Stockholm, Sweden, 111 47, Sweden
  • Websitehttps://www.evolution.com

Leadership

  • Mr. Jens von BahrCo-Founder, Chairman & President · b. 1971
  • Mr. Martin CarlesundGroup Chief Executive Officer · b. 1970
  • Mr. Fredrik ÖsterbergCo-Founder & Director · b. 1970
  • Mr. Joakim AnderssonChief Financial Officer · b. 1974
  • Mr. Carl Herman LintonHead of Investor Relations · b. 1972
  • Amy RichesHead of Marketing
  • Ms. Louise Wivén-NilssonChief Human Resources Officer · b. 1972
  • Mr. Todd HaushalterChief Product Officer & Games Operations · b. 1978
  • Mr. Jesper Von BahrChief Strategy Officer & Secretary · b. 1970

Financials

Income Statement

Currency: EUR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue31.27M38.77M48.53M76.36M115.46M178.38M245.42M365.75M561.13M1.07B1.46B1.80B2.21B2.12B
Growth (%)-+23.97%+25.18%+57.34%+51.21%+54.50%+37.58%+49.03%+53.42%+90.47%+36.30%+23.47%+23.10%-4.33%
Cost of Revenue12.43M16.32M18.68M------11.12M25.95M--45.81M-49.20M877.04M
Gross Profit32.27M40.05M50.56M76.36M115.46M178.38M245.42M365.75M561.13M1.09B1.46B1.80B2.21B2.12B
Gross Margin103.17%103.31%104.18%100.00%100.00%100.00%100.00%100.00%100.00%102.43%100.00%100.00%100.00%100.00%
Operating Expense22.82M31.42M37.47M55.28M80.60M111.50M155.93M208.28M261.43M440.73M548.67M655.87M794.59M860.90M
Operating Income9.44M8.63M13.09M21.08M34.86M66.88M89.48M157.47M299.70M654.00M908.06M1.14B1.42B1.26B
Operating Margin30.19%22.26%26.97%27.61%30.20%37.49%36.46%43.05%53.41%61.19%62.34%63.53%64.11%59.36%
EBITDA11.10M11.34M16.99M27.02M44.62M80.60M107.68M182.97M332.26M730.94M1.01B1.21B1.50B1.42B
EBITDA Margin35.49%29.26%35.02%35.39%38.64%45.18%43.88%50.02%59.21%68.39%69.44%67.45%67.79%66.92%
Net Income8.71M7.17M12.10M20.03M31.74M62.13M83.46M149.73M284.62M605.43M843.36M1.01B1.24B1.06B
Net Income Margin27.85%18.49%24.93%26.23%27.49%34.83%34.01%40.94%50.72%56.65%57.89%56.24%56.18%50.14%
Interest Expense0001.00K227.00K182.00K159.00K218.00K1.06M2.80M4.61M5.01M6.61M11.09M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.20%0.10%0.06%0.06%0.19%0.26%0.32%0.28%0.30%0.52%

Balance Sheet

Currency: EUR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets18.49M23.06M31.80M59.61M103.32M167.34M240.66M434.16M3.17B3.90B4.37B4.97B5.35B5.50B
Total Liabilities5.09M9.01M8.08M15.80M39.42M57.46M78.39M153.26M442.94M712.12M909.09M967.27M1.37B1.44B
Total Equity13.40M14.05M23.72M43.81M63.90M109.88M162.27M280.90M2.73B3.19B3.46B4.01B3.97B4.06B
Cash5.29M5.60M8.29M19.93M26.19M49.27M84.95M182.52M221.68M404.79M532.55M985.76M787.07M815.10M
Total Debt-3.00M--8.57M7.64M6.57M25.04M49.97M67.81M79.55M79.46M93.66M163.33M
Net Debt-5.29M-5.60M-8.29M-19.93M-17.62M-41.63M-78.38M-157.48M-171.71M-336.98M-453.00M-985.76M-693.41M-651.78M

Cash Flow

Currency: EUR2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow9.80M10.47M14.22M23.89M40.03M62.48M100.04M175.79M316.05M598.89M877.47M1.17B1.30B1.28B
Investing Cash Flow-3.93M-6.63M-5.97M-11.94M-31.38M-22.39M-31.65M-42.52M6.82M-154.95M-371.60M-139.36M-247.97M-147.89M
Financing Cash Flow-1.48M-3.51M-5.49M-262.00K-2.56M-16.93M-32.64M-36.05M-279.91M-248.52M-394.20M-464.60M-1.24B-1.11B
Capital Expenditure3.93M6.63M5.97M11.94M31.18M20.95M33.13M30.11M36.89M61.59M96.94M91.82M136.71M65.81M
Free Cash Flow5.87M3.84M8.25M11.95M8.85M41.53M66.91M145.68M279.17M537.30M780.53M1.02B1.16B1.21B
Dividends Paid1.50M3.50M5.50M11.51M11.51M16.19M32.37M43.16M76.14M144.38M302.75M427.40M559.27M583.23M
FCF to OCF59.89%36.69%58.03%50.03%22.10%66.47%66.88%82.87%88.33%89.72%88.95%87.53%89.49%94.85%
Dividend Paid to FCF25.55%91.16%66.66%96.30%130.13%38.97%48.39%29.63%27.27%26.87%38.79%41.79%48.03%48.08%

Earnings

Report DateMay 6, 2015Aug 27, 2015Oct 23, 2015Feb 16, 2016Apr 27, 2016Aug 17, 2016Oct 25, 2016Feb 16, 2017Apr 20, 2017Jul 20, 2017Oct 25, 2017Feb 15, 2018Apr 19, 2018Jul 18, 2018Oct 24, 2018Feb 14, 2019Apr 25, 2019Jul 19, 2019Oct 24, 2019Feb 12, 2020Apr 23, 2020Jul 17, 2020Oct 22, 2020Feb 10, 2021Apr 27, 2021Jul 21, 2021Oct 28, 2021Feb 9, 2022Apr 28, 2022Jul 21, 2022Oct 27, 2022Feb 2, 2023Apr 27, 2023Jul 21, 2023Oct 26, 2023Feb 1, 2024Apr 24, 2024Jul 19, 2024Oct 24, 2024Jan 30, 2025Apr 30, 2025Jul 17, 2025Oct 23, 2025Feb 5, 2026Apr 22, 2026Jul 17, 2026Oct 23, 2026
EPS Estimate--0.030.180.040.220.040.250.050.070.080.090.090.100.120.130.140.170.190.220.260.350.400.430.560.660.740.830.860.961.021.101.131.201.341.341.261.321.341.371.381.261.331.311.281.291.34
EPS Actual0.070.310.030.190.040.210.040.250.070.080.090.100.090.110.120.140.160.190.220.260.300.380.440.410.600.650.730.770.900.921.021.031.181.241.261.311.251.281.571.831.241.221.251.541.261.27-
Surprise--0.00%5.56%0.00%-4.55%0.00%0.00%40.00%14.29%12.50%11.11%0.00%10.00%0.00%7.69%14.29%11.76%15.79%18.18%15.38%8.57%10.00%-4.65%7.14%-1.52%-1.35%-7.23%4.65%-4.17%0.00%-6.36%4.42%3.33%-5.97%-2.24%-0.79%-3.03%17.16%33.58%-10.14%-3.17%-6.01%17.56%-1.56%-1.55%-
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap146.53B
Enterprise Value145.10B
Trailing P/E13.33
Forward P/E13.46
Price / Sales71.40
Price / Book3.29
EPS60.18
Book Value21.82
Revenue (TTM)2.05B
Gross Profit (TTM)2.05B
EBITDA1.25B
Profit Margin51.77%
Operating Margin57.51%
Return on Equity26.69%
Return on Assets14.22%
Shares Outstanding182.61M
Shares Float104.55M
Beta0.73
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20251×
30.64May 12, 2025
20241×
31.02Apr 29, 2024
20231×
22.54Apr 5, 2023
20221×
14.58Apr 11, 2022
20211×
6.88Apr 19, 2021
20201×
4.41Jun 18, 2020
20191×
2.54Apr 29, 2019
20181×
1.87Apr 23, 2018
20171×
0.87Apr 24, 2017
20161×
0.59Apr 29, 2016

Stock Splits

  • May 23, 20195:1