- Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA): Evolution reported an EBITDA of EUR 455.0 million, surpassing estimates of EUR 368.8 million.
- EBITDA Margin: The company’s EBITDA margin stood at an impressive 72.8%.
- Pretax Profit: Pretax profit reached EUR 425.3 million, exceeding the anticipated EUR 332.7 million.
- Profit After Tax: The profit after tax was EUR 377.1 million, higher than the estimated EUR 276 million.
- Operating Profit: Operating profit came in at EUR 417.6 million, above the expected EUR 330.5 million.
- Operating Revenue: Operating revenue totaled EUR 625.3 million, outperforming the predicted EUR 535.1 million.
- Regional Revenues:
- Asia: Reported revenue was EUR 202.2 million, in line with expectations.
- North America: Revenue was EUR 70.6 million, slightly exceeding the estimate of EUR 70 million.
- Europe: Revenue totaled EUR 201.8 million, narrowly surpassing the EUR 201 million forecast.
- Latin America: Revenue was EUR 38.5 million, just under the expectation of EUR 38.7 million.
- 2024 Dividend Per Share: The dividend per share was announced at EUR 2.80, higher than the estimated EUR 2.73.
- Market Recommendations: There were 9 buy recommendations, 4 hold recommendations, and 4 sell recommendations for Evolution.
“`
A look at Evolution Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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
Based on the Smartkarma Smart Scores, Evolution AB shows a positive long-term outlook. With high scores in Growth and Resilience, the company is positioned for strong future performance. Evolution‘s focus on innovation and expansion is reflected in its top score for Growth, indicating potential for future development and revenue growth.
Additionally, Evolution‘s solid score in Dividend and Resilience highlights the company’s stability and commitment to rewarding shareholders. While Value and Momentum scores are moderate, the overall positive outlook, particularly in Growth and Resilience, suggests Evolution AB is a promising investment choice in the gaming industry.
(summary: Evolution AB, a gaming company, specializes in providing integrated B2B live casino solutions to online operators globally.)
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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