Trending Assets
Top investors this month
Trending Assets
Top investors this month
My portfolio: Evolution AB $EVVTY ($EVO.ST)
The next company of my portfolio i will shortly present is Evolution AB.
Evolution AB:
- develops, produces, markets and licenses fully integrated B2B Online Casino solutions to gaming operators
- has developed into a leading B2B provider with 500+ operators among its customers like DraftKings ($DKNG), Penn National ($PENN), Leo Vegas ($LEO), Rush Street ($RSI), Betsson ($BETS), and many more
- employs about 10,000+ people in studios across Europe and in North America
- has built a platform with high operational efficiency and scalability
- has been named Live Casino Supplier of the Year 10 times out of 10 possible at the EGR B2B Awards thanks to it's innovative games and fantastic management
- The games of Evolution are the most popular in every Live Casino which leads to the need for an operator to also offer Evolutions games, otherwise, the player would change the operator. Evolution's games and their broad network of studios build a high moat
- Revenue CAGR (18-21) of 44 % and Net Income CAGR of 64 % and an EBITDA-Margin of 69 %
- Long way of growth as Live Casino is the fastest growing Casino segment and Online Gambling will be regulated in more and more countries / states
- NTM EV/EBITDA of 17 and NTM P/E of 21
This is a quick overview of what Evolution is doing. If you're interesting I will share more about what "What moves this stock" tomorrow. Stay tuned!
Already have an account?