Evolution has never achieved a significant growth in RNG after the acquisitions. So, I take the Live Casino growth as organic growth, since the last and only LC acquisition was Ezugi back in 2018.
Thanks fro the write-up Ali! Great as always. Already curious about Q3-results and agree - margins might have bottomed at 66%. If they reach the mid or upper guidance of 67 - 68% and revenue growth continues in the low single digit the market will likely like it. We don't need wonders to justify the depressed valuation....
Fingers crossed. Letting my position run for now - but not adding.
Awesome. I have a question: Where or how do you calculate organic growth? Is there any info on that?
Evolution has never achieved a significant growth in RNG after the acquisitions. So, I take the Live Casino growth as organic growth, since the last and only LC acquisition was Ezugi back in 2018.
one of your best pieces on EVO yet.
Thanks fro the write-up Ali! Great as always. Already curious about Q3-results and agree - margins might have bottomed at 66%. If they reach the mid or upper guidance of 67 - 68% and revenue growth continues in the low single digit the market will likely like it. We don't need wonders to justify the depressed valuation....
Fingers crossed. Letting my position run for now - but not adding.