Strong business with high margins. Largest casino in the world with white label products online. Excellent cash flow with great management team. Recent weakness in share price presenting good buying opportunity. Excellent long term value. Founder led & founder owned.
Backend gambling services online.
Business is growing strong with demand for online gambling growing.
High cash margins and free cash flow yield(50%).
Expanding business into Canada & USA.
Founders own ~10% of shares.
Stock price down 50% which is creating good buying opportunity for investors.
price target 1563.73 SEK Operates online casinos which became popular during Covid. The founder still runs the company. EVO is clearly the market leader. Recently added in the low-$900s. More US states are legalize online gambling. Their returns and growth rank highly. Trades at 28x PE.