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Evolution Gaming Group AB (EVVTY)
OTHER OTC:EVVTY
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.42Last Year’s EPS
1.36Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 30, 2025
|% Change Since: -3.37%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced outlook. While Evolution made progress with new studio launches and expansion in North America, challenges such as reduced capacity in Georgia and increased cyberattacks in Asia negatively impacted performance.Company Guidance
During the Q3 2024 earnings call, Evolution provided several key metrics and insights regarding their financial and operational performance. The company reported a total operating revenue of €579 million, including net operating revenue of €519 million, reflecting a year-on-year growth of approximately 15%. Adjusted EBITDA margin was recorded at 68.5% for the quarter. The Live Casino segment contributed €447 million in revenue, marking a 15.8% increase, while RNG revenue grew by 8.5% to reach €72.5 million. Despite facing challenges such as operational disruptions in Georgia and increased cyberattacks in Asia, Evolution continued to expand its footprint by launching new studios in Colombia and the Czech Republic. The company remains focused on its growth strategy, with upcoming projects in Brazil and the Philippines, and plans to continue enhancing its game portfolio. Additionally, Evolution highlighted the impact of cyberattacks on Asian operations and addressed the effects of reduced capacity in Georgia, operating at 60% capacity due to strikes. Looking forward, the company aims to maintain margins around current levels for the remainder of the year, with a full-year EBITDA margin slightly below the initial 69% to 71% range set at the start of 2024.New Studio Launches and Game Releases
Evolution successfully launched new studios in Colombia and the Czech Republic, and introduced several new games, including Lightning Storm and Crazy Coin Flip, which received positive player feedback.
North American Expansion
Evolution expanded its Live Casino product portfolio in North America, adding new games and signing a partnership with Atlantic Lottery to cover all of Canada, resulting in an 18% growth in the region.
RNG Revenue Growth
RNG revenues grew by 8.5% year-on-year, with significant contributions from improvements in game releases and the integration of the One Stop Shop (OSS) platform.
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EVVTY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EVVTY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | $80.03 | $74.92 | -6.39% |
| Oct 24, 2024 | $89.85 | $103.51 | +15.20% |
| Jul 19, 2024 | $110.13 | $99.95 | -9.24% |
| Apr 24, 2024 | $120.99 | $113.93 | -5.84% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Evolution Gaming Group AB (EVVTY) report earnings?
Evolution Gaming Group AB (EVVTY) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Evolution Gaming Group AB (EVVTY) earnings time?
Evolution Gaming Group AB (EVVTY) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EVVTY EPS forecast?
EVVTY EPS forecast for the fiscal quarter 2025 (Q1) is 1.42.
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