- Evolution‘s pretax profit for the first quarter was EU302.2 million, missing the estimate of EU329.4 million.
- The company reported an EBITDA of EU342.0 million, with an EBITDA margin of 65.6%.
- Profit after tax came in at EU254.7 million, lower than the anticipated EU276.6 million.
- Operating profit was EU303.4 million, falling short of the estimated EU325.7 million.
- Operating revenue matched net revenue at EU520.9 million.
- In Asia, revenue totaled EU201.9 million, slightly under the EU204.3 million estimate.
- North America generated EU71.5 million in revenue, below the EU73.7 million prediction.
- Revenue in Europe was EU189.7 million, which did not meet the expected EU204.4 million.
- Latin America revenue was EU36.2 million, under the forecast of EU39 million.
- Current market recommendations include 10 buys, 5 holds, and 4 sells.
A look at Evolution Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Evolution AB, a gaming company that specializes in live casino solutions, showcases a promising long-term outlook based on Smartkarma Smart Scores. With a strong focus on growth and resilience, Evolution has been rated highly in these aspects, indicating potential for expansion and ability to withstand market challenges. Additionally, the company’s solid dividend score reflects its commitment to rewarding shareholders, while its value score suggests a balanced investment opportunity. Although momentum is slightly lower, the overall scores position Evolution favorably for sustained success in the online gaming industry.
Evolution AB stands out in the gaming sector as a company that offers innovative B2B live casino solutions to online operators worldwide. With above-average scores in growth, resilience, and dividend payouts, Evolution showcases a solid foundation for future profitability and stability. The company’s strategic positioning in the market, coupled with its commitment to enhancing customer experience, contributes to its favorable Smartkarma Smart Scores. While there may be fluctuations in momentum, Evolution‘s overall outlook remains positive, making it a compelling choice for investors seeking long-term growth potential in the gaming industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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