American Gambling Markets Atlas (AGMA)

Operators / Evolution

Evolution

Supplier · Evolution AB · EVO · Stockholm, Sweden[1]

www.evolution.com

Live-dealer casino technology supplier, listed on Nasdaq Stockholm (EVO). Acquired NetEnt/Red Tiger (2020, alongside an Intralot agreement), Big Time Gaming and Digiwheel (2021), and Nolimit City (2022).

Financials

Market cap $14.8B (SEK 148B) · EVO.ST on Stockholm · Oct 11, 2026[6]

20162025
Fiscal yearRevenue (EUR)Net income (EUR)Year end
FY2025€2.1B€1.1BDec 31, 2025[5]
FY2024€2.2B€1.2BDec 31, 2024[5]
FY2023€1.8B€1.1BDec 31, 2023[5]
FY2022€1.5B€843MDec 31, 2022[5]
FY2021€1.1B€605MDec 31, 2021[5]
FY2020€561M€285MDec 31, 2020[4]
FY2019€366M€150MDec 31, 2019[4]
FY2018€245M€83.5MDec 31, 2018[3]
FY2017€178M€62.1MDec 31, 2017[3]
FY2016€115M€31.7MDec 31, 2016[2]

Renamed from Evolution Gaming Group AB (publ) to Evolution AB (publ) in 2020 following the NetEnt acquisition. Figures are "Total operating revenues" (Net revenues plus Other operating revenues) and "Profit for the year" attributable to owners of the Parent Company, as presented on the consolidated income statement; no discontinued operations or presentation-currency changes in this period.

Brands

Sources

  1. Evolution AB · retrieved Oct 10, 2026
  2. Year-end report | January-December 2016 | Evolution Gaming Group AB (publ) · retrieved Oct 11, 2026
  3. Bokslutskommuniké | Januari–december 2018 | Evolution Gaming Group AB (publ) · retrieved Oct 11, 2026
  4. Bokslutskommuniké | Januari–december 2020 | Evolution Gaming Group AB (publ) · retrieved Oct 11, 2026
  5. Evolution Annual Report 2025 · retrieved Oct 11, 2026
  6. EVO.ST (EVO.ST) quote · retrieved Oct 11, 2026