Evolution Gaming ( (EVVTY) ) has released its Q2 earnings. Here is a breakdown of the information Evolution Gaming presented to its investors.
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Evolution Gaming, a leading provider of B2B online casino solutions, operates globally with over 800 operators as clients and is listed on Nasdaq Stockholm. The company recently released its earnings report for the first half of 2025, highlighting a modest revenue growth and strategic expansions.
In the second quarter of 2025, Evolution Gaming reported a 3.1% increase in net revenues to EUR 524.3 million, with an EBITDA of EUR 345.3 million. Despite the revenue growth, the company faced a decline in profit margins and earnings per share compared to the previous year. Key strategic moves included launching a live casino studio in the Philippines and entering the Rhode Island market with online slot games.
The company’s financial performance showed a slight increase in net revenues for the first half of 2025, reaching EUR 1,045.2 million, a 3.5% rise from the previous year. However, the EBITDA margin decreased to 65.8% from 68.5%. Evolution also expanded its global footprint by opening a studio in São Paulo, Brazil, and securing an exclusive licensing agreement with Hasbro for online live casino and slot games.
Looking ahead, Evolution Gaming remains cautiously optimistic about the remainder of 2025, focusing on addressing challenges in Asia and Europe while expanding in North America and Latin America. The company aims to maintain its full-year EBITDA margin estimate of 66-68% and continues to innovate with new game releases and strategic partnerships.