Q3 2025 Evolution AB (publ) Earnings Call Transcript
Key Points
- Evolution AB (EVVTY) reported a strong performance in Europe, with a return to growth quarter on quarter.
- North America showed a year-on-year growth of 14.5%, with continued investment in casino solutions.
- Latin America experienced growth, with a 6.4% year-on-year increase, supported by new regulations in Brazil.
- The company's RNG segment increased by 4.2%, outperforming live in terms of growth for the first time.
- Evolution AB (EVVTY) launched a new brand, Sneaky Slots, and released successful new games like Ice Fishing.
- The company faced a 9.6% revenue decline in Asia due to cybercrime activity and regulatory volatility.
- Net revenue decreased by 2.4% year on year, with a 3.3% decline quarter on quarter.
- Operating expenses increased by 5% compared to Q3 last year, despite efforts to adjust the cost base.
- The company is experiencing challenges in Asia, with ongoing volatility and regulatory uncertainties.
- Evolution AB (EVVTY) is involved in ongoing litigation in the US, which could incur significant costs.
Welcome to the Evolution Q3 report 2025 presentation. (Operator Instructions) Now I will hand the conference over to the speakers, CEO, Martin Carlesund; and CFO, Joakim Andersson.
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Good morning, everyone. Welcome to the presentation of Evolution's report for the third quarter.
Of 2025. My name is Martin Collison and I'm the CEO of Evolution with me, our CFO Joachim Anderson.
As always, we will start with some comments on our performance in the quarter and then I will hand over to you again for a closer look at our financials. After that, I will conclude with an outlook, and with that we will open up for your questions.
Next slide please.
So let's start with the financial and operational highlights in the quarter.
And I would like to start by taking the bull by the horns and address the bad performance in Asia. This has been a recurring theme over the past quarters, but unfortunately this time it looks a bit worse.
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