- The Evolution Company’s Q1 Ebitda met estimates at EU345.8 million, slightly below the estimated EU347.3 million.
- Their Ebitda margin was steady at 69%, albeit slightly lower than the anticipated 69.5%.
- Pretax profit exceeded expectations at EU317.5 million, above an estimate of EU316 million.
- Profit after tax was also higher than estimated at EU269.2 million, compared to the projected EU265.9 million.
- Operating profit turned out at EU311.6 million, a bit below the EU313.6 million estimate.
- Operating revenue hit EU501.5 million, surpassing the estimated EU499.2 million.
- Regional revenues were as follows: Asia – EU197.6 million, North America – EU62.1 million, Europe – EU191.0 million, and Latin America – EU33.0 million. Each region’s revenue either met or slightly missed estimates.
- The company’s stock ratings are divided: 11 buys, 4 holds, 1 sell.
A look at Evolution Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| 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 Smartkarma Smart Scores, Evolution shows a promising long-term outlook. With a strong score of 5 for Growth, the company is positioned well for future expansion and development within the gaming industry. Additionally, Evolution scored a solid 4 in both Resilience and Momentum, indicating a stable and forward-moving business trajectory. These scores suggest that Evolution has the potential to maintain its competitive edge and adapt to market changes effectively.
While Evolution received a Value score of 2, indicating there may be better-priced investment opportunities available, its Dividend score of 3 signifies a moderate level of dividend payment potential. Overall, with high marks in Growth, Resilience, and Momentum, Evolution appears well-equipped to capitalize on opportunities in the gaming sector and continue to expand its global presence as a leading provider of B2B live casino solutions.
Summary of Evolution: Evolution AB operates as a gaming company, specializing in developing, producing, marketing, and licensing fully integrated B2B live casino solutions for online casino operators worldwide.
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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