Published
Financial

Evolution Gaming grows full-year revenue by 38%

Evolution Gaming increased its operating revenues by 38% to €245.4m ($287.5m) in 2018.

evolutiongaming

Rising to €107.7m, EBITDA grew by 34% for the supplier, with profit for the period amounting to €83.5m (a 26% increase).

Earnings per share also reached €2.32, a 34% increase, while Q4 earnings per share amounted to €0.71, a 42% rise.

For the fourth quarter, Evolution Gaming saw operating revenues grow by 38% year-on-year to €70.2m.

EBITDA increased by 40% to €31.6m and profit for the period totalled €25.5m, a 42% increase.

Martin Carlesund, Evolution Gaming CEO, said: "We continue to grow in North America. During the fourth quarter, we went live with several new customers in the US, and just after year-end we also signed an agreement with a second customer in Canada.

"To further strengthen our position, we have also carried out Evolution’s first-ever acquisition. With the business of Ezugi, we further extend our footprint especially in the US, while also gaining more studio capacity and resources within product development."

Premium+ Connections
Premium

PIN-UP Partners

 
Premium

Revsharks

 
Premium

Lynon

 
 
Premium

1xBet Partners

 
Premium

GammaStack

 
Premium

Galaxsys

 
Premium

Imagine Live

 
Premium

RISK

 
Premium

Digitain

 
Premium

Sport Generate

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...