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home / news releases / evolution ab thesis still on track

EVGGF - Evolution AB: Thesis Still On Track

Evolution Gaming Group AB

2024-06-04 00:01:38 ET

Summary

  • Evolution AB is a B2B provider of live casino solutions and RNG games in the iGaming industry.
  • The stock has underperformed, but the fundamental thesis remains intact, with strong growth potential.
  • Q4 2023 and Q1 2024 reports show continued strong revenue growth and Evolution's North America expansion remains on track.
  • We continue to rate the stock a Buy with a target price of SEK 1140 or USD 108.

Investment Thesis

Evolution AB (EVO STO) (EVVTY) (EVGGF) is a best-in-class B2B provider of live casino solutions and RNG (random number generator) games in the iGaming industry. Our initiation article describes in detail the company, its products, the growth of the online gaming market and Evolution's culture. Readers unfamiliar with Evolution AB should read that article first ....

For further details see:

Evolution AB: Thesis Still On Track
Stock Information
Company Name: Evolution Gaming Group AB
Stock Symbol: EVGGF
Market: OTC
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