Evolution AB (publ) (EVO.ST) Stock Price

Evolution AB (publ) Price

OMX·CLOSED
66.64EUR+0.80 (+1.20 %)
Market closed

Revenue has compounded at 38.3% per year over the past 13 years to 2.12 B EUR. Earnings per share have grown at 43.1% per year over the last 13 years. Evolution AB (publ)'s net margin stands at 50.1%, down from 56.6% several years earlier. Evolution AB (publ) currently offers a dividend yield of about 8.40%. The payout ratio is around 107% of earnings. The dividend has grown at 37.4% per year over the past 9 years. Analysts set a median price target of 58.52 EUR, implying 12.2% below the current price. Of 25 analysts, 4 rate the stock a buy — an overall Hold consensus. The stock trades about 41% above its 52-week low.

Evolution AB (publ) stock price

Volume
Ex-Dividend
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Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Evolution AB (publ) over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Evolution AB (publ) stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Evolution AB (publ)'s price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Evolution AB (publ) Stock Price History
DateEvolution AB (publ) Price
8/3/202666.64 EUR
7/31/202665.84 EUR
7/30/202667.94 EUR
7/29/202668.01 EUR
7/28/202666.73 EUR
7/27/202667.16 EUR
7/24/202662.80 EUR
7/23/202662.58 EUR
7/22/202662.47 EUR
7/21/202662.41 EUR
7/20/202664.73 EUR
7/17/202662.41 EUR
7/16/202662.60 EUR
7/15/202663.60 EUR
7/14/202662.50 EUR
7/13/202662.62 EUR
7/10/202661.78 EUR
7/9/202661.70 EUR
7/8/202660.48 EUR
7/7/202660.70 EUR
7/6/202659.74 EUR
7/3/202660.74 EUR
7/2/202661.15 EUR
7/1/202660.58 EUR
6/30/202660.03 EUR
6/29/202661.23 EUR
6/26/202659.39 EUR
6/25/202660.02 EUR
6/24/202661.44 EUR
6/23/202662.83 EUR
6/22/202663.07 EUR
6/18/202663.54 EUR
6/17/202664.52 EUR
6/16/202665.60 EUR
6/15/202667.39 EUR
6/12/202666.36 EUR
6/11/202666.82 EUR
6/10/202664.90 EUR
6/9/202664.31 EUR
6/8/202663.82 EUR
6/5/202665.43 EUR
6/4/202665.00 EUR
6/3/202664.94 EUR
6/2/202665.35 EUR
6/1/202665.01 EUR
5/29/202664.28 EUR
5/28/202663.39 EUR
5/27/202663.38 EUR
5/26/202664.57 EUR
5/25/202664.62 EUR
5/22/202664.37 EUR
5/21/202664.17 EUR
5/20/202665.77 EUR
5/19/202665.18 EUR
5/18/202660.77 EUR
5/15/202659.54 EUR
5/13/202658.62 EUR
5/12/202658.17 EUR
5/11/202656.68 EUR
5/8/202658.17 EUR
5/7/202658.68 EUR
5/6/202658.26 EUR
5/5/202657.71 EUR
5/4/202658.50 EUR
4/30/202658.83 EUR
4/29/202658.66 EUR
4/28/202658.73 EUR
4/27/202658.22 EUR
4/24/202659.17 EUR
4/23/202656.87 EUR
4/22/202657.54 EUR
4/21/202658.50 EUR
4/20/202658.31 EUR
4/17/202659.78 EUR
4/16/202658.92 EUR
4/15/202657.31 EUR
4/14/202655.82 EUR
4/13/202655.40 EUR
4/10/202655.05 EUR
4/9/202655.27 EUR
4/8/202656.19 EUR
4/7/202656.74 EUR
4/2/202655.35 EUR
4/1/202655.34 EUR
3/31/202653.59 EUR
3/30/202652.54 EUR
3/27/202650.49 EUR
3/26/202651.11 EUR
3/25/202652.45 EUR
3/24/202653.55 EUR
3/23/202653.70 EUR
3/20/202652.83 EUR
3/19/202653.66 EUR
3/18/202653.09 EUR
3/17/202654.01 EUR
3/16/202653.75 EUR
3/13/202654.63 EUR
3/12/202654.45 EUR
3/11/202652.54 EUR
3/10/202652.63 EUR
3/9/202651.88 EUR
3/6/202651.41 EUR
3/5/202651.31 EUR
3/4/202650.64 EUR
3/3/202650.00 EUR
3/2/202650.09 EUR
2/27/202650.22 EUR
2/26/202650.89 EUR
2/25/202649.32 EUR
2/24/202648.27 EUR
2/23/202647.23 EUR
2/20/202648.73 EUR
2/19/202649.28 EUR
2/18/202648.90 EUR
2/17/202648.42 EUR
2/16/202647.63 EUR
2/13/202647.95 EUR
2/12/202649.14 EUR
2/11/202651.28 EUR
2/10/202652.74 EUR
2/9/202651.92 EUR
2/6/202651.24 EUR
2/5/202650.36 EUR
2/4/202653.64 EUR
2/3/202651.59 EUR
2/2/202652.10 EUR
1/30/202652.98 EUR
1/29/202653.57 EUR
1/28/202653.97 EUR
1/27/202653.84 EUR
1/26/202654.10 EUR
1/23/202654.06 EUR
1/22/202654.03 EUR
1/21/202653.64 EUR
1/20/202654.28 EUR
1/19/202654.04 EUR
1/16/202655.00 EUR
1/15/202655.44 EUR
1/14/202654.10 EUR
1/13/202655.98 EUR
1/12/202656.81 EUR
1/9/202656.77 EUR
1/8/202656.28 EUR
1/7/202656.77 EUR
1/5/202656.57 EUR
1/2/202657.16 EUR
12/30/202557.67 EUR
12/29/202557.39 EUR
12/23/202556.88 EUR
12/22/202556.94 EUR
12/19/202557.21 EUR
12/18/202557.14 EUR
12/17/202558.15 EUR
12/16/202558.29 EUR
12/15/202558.09 EUR
12/12/202557.60 EUR
12/11/202557.30 EUR
12/10/202557.54 EUR
12/9/202558.37 EUR
12/8/202557.69 EUR
12/5/202556.99 EUR
12/4/202556.94 EUR
12/3/202558.00 EUR
12/2/202558.71 EUR
12/1/202559.83 EUR
11/28/202559.08 EUR
11/27/202559.52 EUR
11/26/202558.60 EUR
11/25/202558.49 EUR
11/24/202558.42 EUR
11/21/202557.87 EUR
11/20/202557.21 EUR
11/19/202557.61 EUR
11/18/202556.52 EUR
11/17/202557.01 EUR
11/14/202558.04 EUR
11/13/202558.77 EUR
11/12/202559.57 EUR
11/11/202559.59 EUR
11/10/202559.19 EUR
11/7/202558.05 EUR
11/6/202557.43 EUR
11/5/202557.82 EUR
11/4/202557.72 EUR
11/3/202558.77 EUR
10/31/202558.16 EUR
10/30/202559.46 EUR
10/29/202559.63 EUR
10/28/202560.14 EUR
10/27/202561.64 EUR
10/24/202561.70 EUR
10/23/202561.70 EUR
10/22/202566.44 EUR
10/21/202566.84 EUR
10/20/202565.82 EUR
10/17/202566.48 EUR
10/16/202565.73 EUR
10/15/202566.11 EUR
10/14/202566.00 EUR
10/13/202566.44 EUR
10/10/202565.40 EUR
10/9/202567.60 EUR
10/8/202566.68 EUR
10/7/202567.17 EUR
10/6/202568.60 EUR
10/3/202569.13 EUR
10/2/202569.13 EUR
10/1/202570.09 EUR
9/30/202570.82 EUR
9/29/202573.57 EUR
9/26/202573.00 EUR
9/25/202574.37 EUR
9/24/202575.14 EUR
9/23/202575.82 EUR
9/22/202575.34 EUR
9/19/202575.47 EUR
9/18/202574.13 EUR
9/17/202573.27 EUR
9/16/202575.16 EUR
9/15/202575.40 EUR
9/12/202572.52 EUR
9/11/202572.67 EUR
9/10/202573.33 EUR
9/9/202573.51 EUR
9/8/202572.96 EUR
9/5/202573.25 EUR
9/4/202571.70 EUR
9/3/202571.94 EUR
9/2/202572.06 EUR
9/1/202574.23 EUR
8/29/202575.09 EUR
8/28/202577.89 EUR
8/27/202578.11 EUR
8/26/202578.14 EUR
8/25/202578.79 EUR
8/22/202578.75 EUR
8/21/202578.29 EUR
8/20/202578.77 EUR
8/19/202577.85 EUR
8/18/202577.61 EUR
8/15/202575.40 EUR
8/14/202575.40 EUR
8/13/202574.17 EUR
8/12/202581.07 EUR
8/11/202580.54 EUR
8/8/202580.25 EUR
8/7/202580.09 EUR
8/6/202579.30 EUR
8/5/202579.22 EUR
8/4/202578.66 EUR
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Evolution AB (publ) Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
1.46 B EUR
908.20 M EUR
843.40 M EUR
Jan 1, 2023
1.80 B EUR
1.14 B EUR
1.07 B EUR
Jan 1, 2024
2.21 B EUR
1.42 B EUR
1.24 B EUR
Jan 1, 2025
2.12 B EUR
1.26 B EUR
1.06 B EUR
Jan 1, 2026 (e)
2.11 B EUR
1.32 B EUR
1.10 B EUR
Jan 1, 2027 (e)
2.24 B EUR
1.40 B EUR
1.25 B EUR
Jan 1, 2028 (e)
2.39 B EUR
1.50 B EUR
1.40 B EUR
Jan 1, 2029 (e)
2.59 B EUR
1.62 B EUR
1.49 B EUR

Evolution AB (publ) Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 3, 2026, 10:48 PM
 
REVENUEB EUR
REVENUE GROWTH%
EBITB EUR
EBIT MARGIN%
NET INCOMEB EUR
NET INCOME GROWTH%
DIV.EUR
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
0.050.080.120.180.250.370.561.071.461.802.212.122.112.242.392.59
26.3258.3351.3254.7837.6448.9853.7090.3736.3323.4923.14-4.34-0.426.166.888.15
0.010.020.030.070.090.160.300.650.911.141.421.261.321.401.501.62
27.0827.6329.5737.0836.3343.0153.3061.2462.3663.5264.0959.3562.4962.4862.4762.48
0.010.020.030.060.080.150.280.610.841.071.241.061.101.251.401.49
71.4366.6755.00100.0033.8779.5290.60113.0339.3426.9316.26-14.633.3914.0312.066.13
––0.320.450.901.200.420.681.422.002.655.606.728.069.68–
–––40.63100.0033.33-65.0061.90108.8240.8532.50111.3220.0019.9420.10–
175.20179.50180.80181.70182.60183.40189.00221.80217.50217.07210.47202.95202.95202.95202.95202.95
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Evolution AB (publ) generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Evolution AB (publ) retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Evolution AB (publ)'s gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Evolution AB (publ) has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Evolution AB (publ)'s historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Evolution AB (publ) stock margins

The Evolution AB (publ) margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Evolution AB (publ). The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Evolution AB (publ).

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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
0.00 %
61.19 %
56.64 %
Jan 1, 2022
0.00 %
62.35 %
57.90 %
Jan 1, 2023
0.00 %
63.53 %
59.54 %
Jan 1, 2024
0.00 %
64.11 %
56.18 %
Jan 1, 2025
0.00 %
59.36 %
50.14 %
Jan 1, 2026 (e)
0.00 %
62.48 %
52.06 %
Jan 1, 2027 (e)
0.00 %
62.48 %
55.92 %
Jan 1, 2028 (e)
0.00 %
62.48 %
58.63 %

Evolution AB (publ) Stock Revenue, EBIT, Earnings per Share

The Evolution AB (publ) earnings per share therefore indicates how much revenue Evolution AB (publ) has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
4.82 EUR
2.95 EUR
2.73 EUR
Jan 1, 2022
6.70 EUR
4.18 EUR
3.88 EUR
Jan 1, 2023
8.29 EUR
5.26 EUR
4.93 EUR
Jan 1, 2024
10.52 EUR
6.74 EUR
5.91 EUR
Jan 1, 2025
10.44 EUR
6.20 EUR
5.23 EUR
Jan 1, 2026 (e)
10.32 EUR
6.50 EUR
5.37 EUR
Jan 1, 2027 (e)
10.95 EUR
6.89 EUR
6.12 EUR
Jan 1, 2028 (e)
11.71 EUR
7.37 EUR
6.86 EUR

Evolution AB (publ) business model & stock analysis

Evolution Gaming Group AB is a Swedish company specializing in the development and provision of live casino games. It was founded in Stockholm in 2006 and is still headquartered there. The company focuses on producing high-quality live casino software and streaming services for players worldwide. It offers a wide range of games, from classic ones like roulette and blackjack to modern games like Dream Catcher and Lightning Roulette. Evolution Gaming also creates customized live casino solutions tailored to its customers' needs. The company's success lies in its close collaboration with leading online casinos and its ability to develop innovative products, including the use of augmented reality technology. Additionally, Evolution Gaming prioritizes the protection and security of its customers by ensuring fair and safe games, implementing privacy protection measures, and combating fraud and money laundering. The company has received numerous awards and is listed on the Stockholm Stock Exchange. It fosters an open and inclusive culture, offering various benefits to its employees. Evolution Gaming's exclusive focus on live casino products has contributed to its strong position in the gaming industry. Overall, the company has achieved impressive growth and is likely to continue evolving and expanding in the future.

Evolution AB (publ) SWOT Analysis

Strengths

Evolution Gaming Group AB (publ) demonstrates several strengths:

  • Strong market position as a leading live casino solutions provider
  • Wide range of innovative and high-quality gaming products
  • Established relationships with reputable online casinos and gaming operators
  • Global presence with operations in multiple countries
  • Highly skilled and experienced management team

Weaknesses

However, Evolution Gaming Group AB (publ) also faces certain weaknesses:

  • Dependency on the growth of online gambling industry
  • Vulnerability to regulatory changes and increasing competition
  • Reliance on technological infrastructure and potential IT risks

Opportunities

There are several opportunities for Evolution Gaming Group AB (publ) to explore:

  • Expanding into new markets with relaxed gambling regulations
  • Developing and launching new gaming products to cater to evolving customer preferences
  • Collaborating with strategic partners to enhance market reach
  • Utilizing advancements in technology, such as virtual reality or augmented reality, to enhance gaming experience

Threats

Evolution Gaming Group AB (publ) should be cautious of potential threats:

  • Legal and regulatory constraints in certain markets
  • Increased competition from new entrants and existing competitors
  • Economic downturns affecting consumer spending on online gambling
  • Data security and privacy concerns

Evolution AB (publ) Eulerpool Fair Value

Details

Fair Value Estimate

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What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Evolution AB (publ) historical P/E ratio, EBIT multiple, and P/S ratio

Evolution AB (publ) annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Evolution AB (publ) shares outstanding

The number of shares of Evolution AB (publ) was 202.95 M in 2025. This indicates how many shares Evolution AB (publ) is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
221.80 M Stocks
Jan 1, 2022
217.50 M Stocks
Jan 1, 2023
217.07 M Stocks
Jan 1, 2024
210.47 M Stocks
Jan 1, 2025
202.95 M Stocks
Jan 1, 2026 (e)
202.95 M Stocks
Jan 1, 2027 (e)
202.95 M Stocks
Jan 1, 2028 (e)
202.95 M Stocks

Evolution AB (publ) stock splits

In Evolution AB (publ)'s history, there have been no stock splits.

Evolution AB (publ) Dividend History

10 years of dividend payments · 5 consecutive increases

YearAnnual DividendYoY ChangePayments
20255.60EUR↑ 111.3%2×
May 6, 20252.80EUR↑ 5.7%1/2
May 12, 20252.80EUR 0.0%2/2
20242.65EUR↑ 32.5%1×
20232.00EUR↑ 40.8%1×
20221.42EUR↑ 108.8%1×
20210.68EUR↑ 61.9%1×
20200.42EUR↓ 65.0%1×
20191.20EUR↑ 33.3%1×
20180.90EUR↑ 100.0%1×
20170.45EUR↑ 40.6%1×
20160.32EUR—1×

Evolution AB (publ) dividend history and estimates

In 2025, Evolution AB (publ) paid a dividend amounting to 5.60 EUR. Dividend means that Evolution AB (publ) distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.68 EUR
0.00 EUR
Jan 1, 2022
1.42 EUR
0.00 EUR
Jan 1, 2023
2.00 EUR
0.00 EUR
Jan 1, 2024
2.65 EUR
0.00 EUR
Jan 1, 2025
5.60 EUR
0.00 EUR
Jan 1, 2026 (e)
0.00 EUR
6.72 EUR
Jan 1, 2027 (e)
0.00 EUR
8.06 EUR
Jan 1, 2028 (e)
0.00 EUR
9.68 EUR

Evolution AB (publ) dividend payout ratio

In 2025, Evolution AB (publ) had a payout ratio of 107.01%. The payout ratio indicates the percentage of the company's profits that Evolution AB (publ) distributes as dividends.

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
24.91 %
Jan 1, 2022
36.60 %
Jan 1, 2023
40.54 %
Jan 1, 2024
44.83 %
Jan 1, 2025
107.01 %
Jan 1, 2026 (e)
125.09 %
Jan 1, 2027 (e)
131.66 %
Jan 1, 2028 (e)
140.99 %

Current Evolution AB (publ) forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
8.56 %
Buy
16.00 % (4)
Hold
44.00 % (11)
Sell
40.00 % (10)
12M Price Target
58.52
Last Price
65.84
Currency
EUR
12M Return Potential
-11.12 %
LTM Return
0 %

Evolution AB (publ) Earnings Calls

2025

Evolution AB (publ) Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
4/25/20241.33EUR-518.79 MEUR-2024 Q1
1/31/20241.35EUR-486.25 MEUR-2023 Q4
7/19/20231.17EUR-448.53 MEUR-2023 Q2
4/26/20231.11EUR-428.53 MEUR-2023 Q1
2/7/20231.13EUR-411.96 MEUR-2022 Q4
10/27/20221.01EUR-373.49 MEUR-2022 Q3
7/21/20220.97EUR-351.98 MEUR-2022 Q2
4/27/20220.88EUR-325.64 MEUR-2022 Q1
2/9/20220.83EUR-309.76 MEUR-2021 Q4
10/28/20210.76EUR-285.14 MEUR-2021 Q3

EESG©

Eulerpool ESG Scorecard© for the Evolution AB (publ) stock

57/100
47
Environment
49
Social
76
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy4,667
Scope 3 - Indirect emissions within the value chain4,041
Total CO₂ emissions4,667
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees50.228
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Evolution AB (publ) shareholder structure

% Name
2.45096%
Capital World Investors
Capital World Investors
0.65432%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.64997%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
0.42884%
BlackRock Investment Management (UK) Ltd.
BlackRock Investment Management (UK) Ltd.
0.41817%
Quantex AG
Quantex AG
0.40141%
Epoch Investment Partners, Inc.
Epoch Investment Partners, Inc.
...

Evolution AB (publ) Beneficial Ownership Filings (SEC 13D/G)

Free Float
55.7%
Float Shares
-
Shares Outstanding
-

Evolution AB (publ) Executives and Management Board

12 members · avg. age 56 · 25 % women

MC

Mr. Martin Carlesund (55)

Group Chief Executive Officer

4.60 M EUR

Management

JA

Mr. Joakim Andersson (51)

Chief Financial Officer

–
LW

Ms. Louise Wiwen-Nilsson (53)

Chief Human Resources Officer

–
TH

Mr. Todd Haushalter (47)

Chief Product Officer and Games Operations

–
JB

Mr. Jesper von Bahr (50)

Chief Strategy Officer and Secretary to the Board of Directors · since 2024

–
CL

Mr. Carl Linton

Head of Investor Relations · since 2025

–

Board of Directors

JB

Mr. Jens von Bahr (54)

Chairman of the Board · since 2006

526,000.00 EUR
FO

Mr. Fredrik Osterberg (55)

Director

131,000.00 EUR
JC

Mr. Joel Citron (63)

Independent Director · since 2015

131,000.00 EUR
MD

Ms. Mimi Drake (57)

Independent Director

131,000.00 EUR
IL

Mr. Ian Livingstone (63)

Independent Director

131,000.00 EUR
SU

Ms. Sandra Urie (73)

Independent Director

110,000.00 EUR

Evolution AB (publ) Supply Chain

Evolution AB (publ) Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
7 companies
#NameTrend
1
Entain
Customer·Hotels, Restaurants & Leisure·GB
0.54
0.46
0.60
0.56
0.80
0.89
2
Sun International
Customer·Equity Real Estate Investment Trusts (REITs)·ZA
-0.09
0.23
0.15
0.62
0.44
0.69
3
Aspire Global
Customer·Hotels, Restaurants & Leisure·MT
0.44
0.41
0.04
-0.55
-0.83
0.46
#NameTrend
1
Super Grp SGHC
Customer·Hotels, Restaurants & Leisure·GB
0.77
0.69
0.34
—
—
—
2
Enlabs AB
Supplier·SE
0.45
-0.02
-0.24
-0.60
—
—
3
Golden Nugget Online Gaming A
Customer·Hotels, Restaurants & Leisure·US
0.05
0.52
0.27
0.50
0.73
0.07
4
DraftKings A
Customer·Hotels, Restaurants & Leisure·US
0.60
0.61
0.55
0.55
0.89
0.24

Frequently asked questions about Evolution AB (publ)

The business model of Evolution Gaming Group AB (publ) is focused on the live casino industry. As a leading provider of live dealer gaming solutions, Evolution Gaming offers a wide range of online gaming services and products. Their business model revolves around delivering high-quality live streaming technology, professional dealers, and immersive gaming experiences to online casino operators and players worldwide. By continuously innovating and expanding their portfolio, Evolution Gaming aims to stay at the forefront of the online gaming market and drive growth through strategic partnerships and global market penetration.

Evolution Gaming Group AB (publ) is primarily active in the online gambling industry.

The main competitors of Evolution Gaming Group AB (publ) in the market include industry players such as Playtech PLC, NetEnt AB, and Scientific Games Corporation.

Evolution Gaming Group AB (publ) is a leading provider of live casino solutions. Founded in 2006, the company has grown to be a global leader in its industry. Evolution Gaming offers a range of innovative and high-quality products for online casino operators, including live dealer games such as blackjack, roulette, and baccarat. With state-of-the-art studios located in multiple countries, the company delivers an authentic and immersive gaming experience to players worldwide. Evolution Gaming is known for its strong partnerships with major online gaming brands, ensuring a wide reach and steady growth. Continuously pushing the boundaries of live casino technology, Evolution Gaming remains at the forefront of the industry.

Evolution Gaming Group AB (publ) has achieved several significant milestones. As a leading provider of live casino solutions, the company has expanded its presence globally. Evolution Gaming Group AB (publ) has successfully established partnerships with numerous renowned operators across the world. It has also received prestigious industry awards, such as the EGR B2B Live Casino Supplier of the Year for multiple consecutive years. Furthermore, the company has continuously innovated and introduced new game variations and products, enhancing the overall gaming experience for players. Evolution Gaming Group AB (publ) remains committed to delivering cutting-edge solutions and maintaining its position as a leader in the live casino industry.

Evolution Gaming Group AB (publ) primarily operates in several countries and regions globally. The company has a strong presence in Europe and particularly focuses on the Nordic region, including Sweden, Norway, Denmark, and Finland. It also extends its operations across the rest of Europe, providing services to countries like the United Kingdom, Italy, and Spain. Furthermore, Evolution Gaming Group AB (publ) has expanded its reach to North America, with a significant presence in Canada, as well as in multiple states within the United States. Additionally, the company has established its footprint in Asia, primarily in countries such as Latvia and Georgia.

Evolution Gaming Group AB (publ) represents values of innovation, excellence, and integrity. As a leader in the live casino industry, the company is committed to delivering cutting-edge gaming solutions. Their corporate philosophy emphasizes continuous growth and a customer-centric approach. With a focus on providing a unique and immersive gaming experience, Evolution Gaming Group AB (publ) invests in advanced technologies and highly-skilled professionals. By placing a strong emphasis on quality and trust, the company has established itself as a preferred partner for online casino operators worldwide. With their commitment to pushing boundaries and delivering exceptional services, Evolution Gaming Group AB (publ) sets the standard for live casino gaming.

Analysts currently set an average price target of 65.77 EUR for the Evolution AB (publ) stock (median: 58.52 EUR), implying -0.1 % versus the latest price. The consensus is based on 25 analyst ratings.

Evolution AB (publ) Analyst Price Targets 2026

25 analysts currently rate the Evolution AB (publ) stock: 4 recommend buying, 11 holding and 10 selling. For 2026, analysts expect Evolution AB (publ) to generate revenue of 2.11 B EUR and earnings per share of 5.41 EUR.

Evolution AB (publ) Analyst Price Targets 2026

The Evolution AB (publ) share (EVO.ST) is listed on 8 stock exchanges, including: XETRA (E3G1.SG), Frankfurt (E3G1.F), München (E3G1.MU), Düsseldorf (E3G1.DU), London (0RQ6.L).

The Evolution Gaming Group is a company specializing in the development and provision of live casino solutions. They offer various live casino games such as roulette, blackjack, baccarat, casino hold'em, and three card poker. These games are presented in real-time by experienced dealers, providing players with an authentic casino experience. Evolution Gaming is known for constantly developing new products and features to enhance the live casino experience. They collaborate closely with casino operators and online gambling providers, offering comprehensive consultation services to integrate their solutions into existing offerings. Additionally, they have a strong presence in the global market, operating studios in Malta, Latvia, and Georgia and employing over 8,000 people. They work closely with regulatory authorities to ensure compliance with local regulations. In summary, Evolution Gaming's business model focuses on providing high-quality live casino solutions, prioritizing innovation and customer satisfaction to maintain their leading position in the market.

The expected revenue of Evolution AB (publ) is 2.11 B EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Evolution AB (publ) is 1.10 B EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Evolution AB (publ) is currently 12.31. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Evolution AB (publ) stock.

The price-to-sales ratio (P/S) of Evolution AB (publ) is currently 6.41. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Evolution AB (publ) stock.

The Eulerpool Quality Score for Evolution AB (publ) is 8/10.

The ISIN of Evolution AB (publ) is SE0012673267. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Evolution AB (publ) is A2PK19. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Evolution AB (publ) is EVO.ST. The ticker symbol is used to trade Evolution AB (publ) shares on the stock exchange.

Over the past 12 months, Evolution AB (publ) paid a dividend of 5.60 EUR . This corresponds to a dividend yield of about 8.40 %. For the coming 12 months, Evolution AB (publ) is expected to pay a dividend of 8.06 EUR.

The current dividend yield of Evolution AB (publ) is 8.40 %.

Evolution AB (publ) pays a dividend, distributed in the months of , , , .

Evolution AB (publ) paid dividends every year for the past 10 years.

For the upcoming 12 months, dividends amounting to 8.06 EUR are expected. This corresponds to a dividend yield of 11.87 %.

Evolution AB (publ) is assigned to the 'Cyclical consumption' sector.

To receive the latest dividend of Evolution AB (publ) from amounting to 2.8 EUR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Evolution AB (publ) distributed 2.65 EUR as dividends.

The dividends of Evolution AB (publ) are distributed in EUR.

All fundamentals and in-depth analysis of Evolution AB (publ)

Our stock analysis for Evolution AB (publ) stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Evolution AB (publ). If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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