Evolution AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 21, 2021 at 02:22 am EDT
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Evolution AB publ announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was EUR 256.687 million compared to EUR 128.307 million a year ago. Operating income was EUR 155.852 million compared to EUR 74.166 million a year ago. Net income was EUR 144.406 million compared to EUR 70.445 million a year ago. Basic earnings per share from continuing operations was EUR 0.68 compared to EUR 0.39 a year ago. Diluted earnings per share from continuing operations was EUR 0.65 compared to EUR 0.38 a year ago. For the half year, total revenue was EUR 492.528 million compared to EUR 243.456 million a year ago. Operating income was EUR 297.500 million compared to EUR 131.291 million a year ago. Net income was EUR 276.444 million compared to EUR 124.641 million a year ago. Basic earnings per share from continuing operations was EUR 1.3 compared to EUR 0.69 a year ago. Diluted earnings per share from continuing operations was EUR 1.25 compared to EUR 0.67 a year ago.
Evolution AB specializes in the development, publishing and marketing of live casino games on the Internet for gaming operators. The group operates in the fields of roulette, blackjack, baccarat and poker games, while offering software solutions and online casino platforms live on computers, smartphones and tablets.
At the end of 2022, Evolution AB had 11 production studios located in the United States (3), Belgium, Canada, Georgia, Latvia, Lithuania, Malta, Romania and Spain.
Net sales are distributed geographically as follows: Sweden (0.1%), Malta (67.5%), Australia (3.3%), Curaçao (21.8%), North America (0.6%) and others (6.7%).
EVOLUTION AB 
