Added to YB: 2025-07-01
Pitch date: 2025-06-29
EVO.ST [bullish]
Evolution AB (publ)
-15.12%
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 11.5B
Pitch Price
SEK 750.00
Price Target
2.0K (+216%)
Dividend
4.85%
EV/EBITDA
7.45
P/E
10.42
EV/Sales
4.89
Sector
Hotels, Restaurants and Leisure
Category
growth
Is Evolution a buy?
EVO.ST: Provider of online casino solutions w/ 21 studios in 13 countries. 27X revenue in decade, 44% CAGR since 2015, 60%+ op margins. Takes 10-20% of casino winnings. Zero debt, €1B cash. Trading at P/E 11 after 33% stock drop. TAM expanding with US/global legalization. Temp growth slowdown from regulatory issues. 116% upside to €136.89 by 2030.
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