Evolution Posts Positive Full Year Financial Results

This story was published more than 2 years ago.

Live dealer casino software provider Evolution Gaming has announced their full year 2017 financial results, revealing that numbers across the board were up.

Key financial indicators for the year ending December 31st, 2017 were:

  • Operating revenues of €178.4 million, up 54% from the same period last year
  • EBITDA up 81% to €80.6 million
  • Profits of €62.1 million
  • Earnings per share of €1.73, up from €0.88 from last year

Evolution CEO Martin Carlesund spoke about the results, noting: "Looking back on 2017, it is easy to say that it was an exceptional year in many ways. But that does not give us reason to take anything for granted - on the contrary, we must continue to work hard every day to maintain our position in the market."

"On the whole, with new studios and exciting product launches on the cards, we see good prospects to continue strengthening our business in 2018, with a clear focus on profitable growth."

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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bgsharpe
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24 February 2018 - 2:34pm
#1

Maybe not the highest numbers for Evolution compared to some other companies in the sector but that's still an impressive growth I think and probably they're pretty pleased with it too.

krcoolsongss
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25 February 2018 - 6:39pm
#2

Evolution Gaming's financials are very very surprising. I really wonder about the business model.
They only have Live Casinos, but the revenues are very big.

I really like Evolution Gaming Roulette 🙂