Evolution Overview
- Year Founded
-
2006
- Status
-
Public
- Employees
-
23,408
- Stock Symbol
-
EVO
- Investments
-
7
- Share Price
-
$86.79
- (As of Friday Closing)
Evolution General Information
Description
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
Contact Information
Website
www.evolution.comCorporate Office
- Hamngatan 11
- 111 47 Stockholm
- Sweden
Corporate Office
- Hamngatan 11
- 111 47 Stockholm
- Sweden
Evolution Stock Performance
As of 13-Nov-2026, Evolution’s stock price is $86.79. Its current market cap is $15.6B with 180M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $86.79 | $86.85 | $56.97 - $92.47 | $15.6B | 180M | 531K | $6.26 |
Evolution Financials Summary
As of 30-Sep-2026, Evolution has a trailing 12-month revenue of $2.47B.
|
In Thousands, USD |
TTM 30-Sep-2026 | FY 2025 31-Dec-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 |
|---|---|---|---|---|
| EV | 13,110,209 | 12,988,468 | 15,422,409 | 24,776,854 |
| Revenue | 2,466,423 | 2,331,070 | 2,232,462 | 1,946,222 |
| EBITDA | 1,630,496 | 1,574,199 | 1,693,681 | 1,367,675 |
| Net Income | 1,223,959 | 1,198,051 | 1,346,147 | 1,158,749 |
| Total Assets | 5,660,126 | 6,485,995 | 5,563,701 | 5,497,689 |
| Total Debt | 123,955 | 106,970 | 97,462 | 87,832 |
Evolution Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Evolution Comparisons
Industry
Financing
Details
Evolution Competitors (12)
One of Evolution’s 12 competitors is Red Tiger Gaming, a Corporate Backed or Acquired company based in St Julians, Malta.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Red Tiger Gaming | Corporate Backed or Acquired | St Julians, Malta | ||||
| Big Time Gaming | Corporate Backed or Acquired | Surry Hills, Australia | ||||
| Quickspin | Corporate Backed or Acquired | Stockholm, Sweden | ||||
| Lottoland | Failed Transaction (M&A) | Ocean Village, Gibraltar | ||||
| Novomatic | Corporate Backed or Acquired | Gumpoldskirchen, Austria |
Evolution Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Evolution Acquisitions (7)
Evolution’s most recent deal was a Merger/Acquisition with Arcadia Gaming for . The deal was made on 11-Sep-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Arcadia Gaming | 11-Sep-2024 | Merger/Acquisition | Entertainment Software | ||
| LiveSpins | 06-Feb-2024 | Merger/Acquisition | Entertainment Software | ||
| Nolimit City | 01-Jul-2022 | Merger/Acquisition | Entertainment Software | ||
| DigiWheel | 10-Sep-2021 | Merger/Acquisition | Other Commercial Products | ||
| Big Time Gaming | 30-Jun-2021 | Merger/Acquisition | Entertainment Software |
Evolution ESG
Risk Overview
Risk Rating
Updated November, 04, 2026
20.06 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
Rank
Percentile
Consumer Services
Industry
Rank
Percentile
Casinos and Gaming
Subindustry
Rank
Percentile
Evolution Affiliates
Subsidiaries (7)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Evolution Products Development Germany | Berlin, Germany | 2022 | |
| LiveSpins | Spain | 2021 | |
| Ezugi | Tel Aviv, Israel | 2012 | |
| Big Time Gaming | Surry Hills, Australia | 2011 | |
| DigiWheel | Cork, Ireland | 2010 |
Evolution FAQs
-
When was Evolution founded?
Evolution was founded in 2006.
-
Where is Evolution headquartered?
Evolution is headquartered in Stockholm, Sweden.
-
What is the size of Evolution?
Evolution has 23,408 total employees.
-
What industry is Evolution in?
Evolution’s primary industry is Entertainment Software.
-
Is Evolution a private or public company?
Evolution is a Public company.
-
What is Evolution’s stock symbol?
The ticker symbol for Evolution is EVO.
-
What is the current stock price of Evolution?
As of 13-Nov-2026 the stock price of Evolution is $86.79.
-
What is the current market cap of Evolution?
The current market capitalization of Evolution is $15.6B.
-
What is Evolution’s current revenue?
The trailing twelve month revenue for Evolution is $2.47B.
-
Who are Evolution’s competitors?
Red Tiger Gaming, Big Time Gaming, Quickspin, Lottoland, and Novomatic are some of the 12 competitors of Evolution.
-
What is Evolution’s annual earnings per share (EPS)?
Evolution’s EPS for 12 months was $6.26.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
