Structured Assessment — Evolution AB (EVO) Factor-by-factor (row format) Technical / Timing Strong downtrend after many years of growth. Price reached a good zone, but downside risk remains.Read more
Evolution AB (EVO) is the undisputed leader in the online live casino market, boasting a business model that combines cutting-edge technology, scalability, and deep industry expertise. With a consistent track record of revenue growth, profitability, and operational efficiency, Evolution is a prime example of a high-margin, high-quality business operating in a growing niche.Read more
Evolution Gaming - King of the Live Casino Evolution Gaming is the leading B2B provider of live casino solutions. They power the online games you love!Read more
Key Takeaways Expansion into new regulated markets and studio launches positions Evolution for stable, long-term growth in digital and online gaming sectors. Exclusive partnerships and innovative game releases enhance product differentiation, driving higher margins and supporting sustained organic revenue expansion.Read more
Key Takeaways Stricter regulations and rising anti-gambling sentiment in key markets are shrinking Evolution's addressable market, limiting revenue growth and long-term earnings visibility. Increased competition, technological disruption, and adoption of responsible gaming tools are driving up costs, compressing margins, and challenging Evolution's ability to differentiate its offerings.Read more
Key Takeaways Exclusive content deals and rapid expansion into new markets position Evolution for exceptional category leadership, pricing power, and accelerated, sustained revenue and earnings growth. Automation, cost optimization, and industry consolidation support structurally higher margins, strong competitive advantages, and long-term earnings outperformance versus market expectations.Read more
Evolution AB (publ) develops, produces, markets, and licenses online casino systems 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.
