Evolution AB (publ)

OM:EVO Stock Report

Market Cap: SEK 123.8b

Evolution Balance Sheet Health

Financial Health criteria checks 6/6

Evolution has a total shareholder equity of €3.8B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €5.2B and €1.4B respectively. Evolution's EBIT is €1.4B making its interest coverage ratio 172. It has cash and short-term investments of €656.4M.

Key information

0%

Debt to equity ratio

€0

Debt

Interest coverage ratio172x
Cash€656.38m
Equity€3.82b
Total liabilities€1.35b
Total assets€5.17b

Recent financial health updates

No updates

Recent updates

At kr621, Is Evolution AB (publ) (STO:EVO) Worth Looking At Closely?

Dec 26
At kr621, Is Evolution AB (publ) (STO:EVO) Worth Looking At Closely?

Lacklustre Performance Is Driving Evolution AB (publ)'s (STO:EVO) Low P/E

Sep 30
Lacklustre Performance Is Driving Evolution AB (publ)'s (STO:EVO) Low P/E

Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

Sep 12
Why Evolution AB (publ) (STO:EVO) Could Be Worth Watching

We Think Shareholders Are Less Likely To Approve A Pay Rise For Evolution AB (publ)'s (STO:EVO) CEO For Now

May 03
We Think Shareholders Are Less Likely To Approve A Pay Rise For Evolution AB (publ)'s (STO:EVO) CEO For Now

New Studios And Digital Trends Will Unlock Future Potential

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.

Evolution to Navigate Market Risks with Strategic Growth Initiatives

Financial risk management: market risk (including currency risk and cash flow interest risk), credit risk and liquidity risk.

King of the Live Casino

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! Think Roulette, Blackjack, and Baccarat.Introdu

Is It Time To Consider Buying Evolution AB (publ) (STO:EVO)?

Dec 30
Is It Time To Consider Buying Evolution AB (publ) (STO:EVO)?

A Compounding Machine

Evolution AB (EVO) stands out as a premier stock, delivering consistent and impressive growth in both revenue and EBIT, highlighting its strong financial health and operational excellence. The company
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Expanding Horizons And Innovations Ignite Revenue Growth Despite Challenges

Expansion in the Americas and strategic releases in regulated markets could substantially drive revenue growth as these sectors mature.

Financial Position Analysis

Short Term Liabilities: EVO's short term assets (€1.8B) exceed its short term liabilities (€1.2B).

Long Term Liabilities: EVO's short term assets (€1.8B) exceed its long term liabilities (€150.9M).


Debt to Equity History and Analysis

Debt Level: EVO is debt free.

Reducing Debt: EVO has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.

Debt Coverage: EVO has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EVO has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/27 12:30
End of Day Share Price 2025/12/23 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Evolution AB (publ) is covered by 29 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
James Rowland ClarkBarclays
Pravin GondhaleBarclays