trending Market Intelligence /marketintelligence/en/news-insights/trending/fZ-ANvmmLs8Drfws7rQwoA2 content esgSubNav
In This List

Evolution Gaming Q4 profit climbs YOY

Blog

Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Podcast

MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services

Blog

Banking Essentials Newsletter: 17th April Edition


Evolution Gaming Q4 profit climbs YOY

Evolution Gaming Group AB said its normalized net income for the fourth quarter came to 20 euro cents per share, compared with the S&P Capital IQ consensus estimate of 18 cents per share.

EPS climbed year over year from 9 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €7.2 million, a gain from €3.0 million in the year-earlier period.

The normalized profit margin fell to 20.6% from 22.0% in the year-earlier period.

Total revenue rose 70.9% on an annual basis to €23.6 million from €13.8 million, and total operating expenses climbed 35.0% year over year to €12.1 million from €8.9 million.

Reported net income rose 78.7% year over year to €7.2 million, or 19 cents per share, from €4.0 million, or 11 cents per share.

For the year, the company's normalized net income totaled 44 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 64 cents.

EPS rose 77.3% from 25 cents in the prior year.

Normalized net income was €15.7 million, an increase of 81.7% from €8.6 million in the prior year.

Full-year total revenue increased 57.3% from the prior-year period to €76.4 million from €48.5 million, and total operating expenses rose 47.6% on an annual basis to €51.3 million from €34.7 million.

The company said reported net income increased 64.0% on an annual basis to €20.1 million, or 56 cents per share, in the full year, from €12.3 million, or 35 cents per share.