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EVO Evolution AB (publ) News Story

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Sweden's Evolution Q4 revenue misses

Overview

Sweden-based B2B online casino firm's Q4 revenue missed analyst expectations

Company faced unfavorable regulatory movements in Europe, impacting performance

Outlook

Evolution plans aggressive expansion in USA and Latin America in 2026

Company expects to maintain profit margins in 2026 despite regulatory challenges

Evolution to establish new studio in Grand Rapids to support Ezugi's expansion

Result Drivers

REGIONAL GROWTH - Asia, North America, Latin America, and Africa showed growth, with Asia rebounding and Latin America benefiting from regulatory changes in Brazil

EUROPEAN CHALLENGES - Unfavorable regulatory movements in Europe negatively impacted performance

NEW INITIATIVES - Re-launch of Ezugi brand in New Jersey and plans for a new studio in Grand Rapids to support US expansion

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueMissEUR 514.20 mlnEUR 525.54 mln (12 Analysts)
Q4 EPSEUR 1.54
Q4 Net IncomeEUR 306.80 mln
Press Release: ID:nWkrBztHc For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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