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Added to YB: 2026-07-22

Pitch date: 2026-07-19

EVO.ST [neutral]

Evolution AB (publ)

-0.35%

current return

Author Info

Dengler Deep Dives focuses on fast-growing businesses that preferably return capital through buybacks or dividends when appropriate. Sign up for the newsletter.

Company Info

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.

Market Cap

SEK 12.1B

Pitch Price

SEK 692.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

8.66

P/E

11.80

EV/Sales

5.36

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Evolution Gaming's Revolting Issues Continue in Q2, But the Long-Term Thesis Remains Intact

EVO.ST (holding update): Q2'26 rev €517.8M (-1.2% YoY, +0.9% QoQ), EBITDA €341M (65.9% margin), EPS €1.27. RNG +14% YoY (first double-digit in 3yrs), Americas record high, LatAm +26%. But Asia -8.9% on recurring cyber piracy; Europe pressured by regs/taxes. €303M buybacks (5.1M shares) under €2B program. FY guide 66% margin. Cheap valuation but revolving-door operational issues; holding, buybacks compound.

Read full article (3 min)