Added to YB: 2026-03-31
Pitch date: 2026-03-27
EVO.ST [neutral]
Evolution AB (publ)
+3.87%
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 10.1B
Pitch Price
SEK 552.40
Price Target
N/A
Dividend
5.54%
EV/EBITDA
6.85
P/E
9.67
EV/Sales
4.53
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Evolution AB: Management Assumes Full Control...
EVO.ST (holding update): Mgmt cuts 55% dividend payout to fuel buybacks as Kenneth Dart builds 28% stake via swaps. Speculation of Playtech acquisition post-Black Cube lawsuit. Thesis: govts prefer taxable monopoly over unregulated gray market (Polymarket). Decentralized betting crackdown = demand returns to EVO. 22% portfolio weight.
Read full article (3 min)