Evolution AB (OMXSTO:EVO) reported strong Q2 results—€300.9M PBT, €341.0M EBITDA and €251.4M net profit on €517.8M revenue led by Live Casino—while settling a £4.75M UKGC case, ending ties with two operators and closing a licence review.
Previous Week Recap
- Evolution Q2 PBT €300.9M: Evolution AB Q2: PBT €300.9M, operating profit €297.8M, EBITDA €341.0M, net profit €251.4M (€1.27/share). Revenue €517.8M (-1.2%); Live Casino €437.3M, RNG €80.5M. OTC close $73.88 (+9.14%).
- Evolution Settled With UK Commission: Evolution AB settled for £4.75M with the UK Gambling Commission and ended ties with two operators after unlicensed content access; the licence review started in Dec 2024 is concluded.
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