Evolution AB: Competitive Advantage Remains Key
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Yield Partners141 FollowersFollow5ShareSavePlay(12min)CommentsSummaryEvolution AB remains a 'strong buy' despite weak Q3 results and heightened volatility, supported by robust fundamentals and a defensible market position.EVVTY's Q3 saw a 2.4% revenue decline, driven by a 4% drop in Live Casino and significant weakness in Asia due to unresolved cybercrime issues.North America and Latin America continue to deliver double-digit growth, offsetting Asian headwinds, while share buybacks and a >4.3% dividend yield enhance shareholder value.At a P/E of 10.9 and with continued buybacks, EVVTY offers attractive upside potential given its scale, competitive moat, and global regulatory progress. andresr/E+ via Getty Images I would like to give another overview of Evolution AB (EVVTY)(EVGGF), which I last wrote a detailed analysis about six months ago. Since then, there has been no major progress or decline inThis article was written byYield Partners141 FollowersFollowI am a full-time investor focusing on high-quality and growth companies. One of my other major areas is stocks with high starting dividends and low valuations. I try to have a portfolio balance between dividend-paying stocks and stocks with high growth but lower dividend payouts. Overall, I have 8 years of experience of investing in stocks and fortunately, I have had more good investments than bad since I started doing this. I also keep companies in my portfolio that pay no dividends at all, but have a great potential to grow well and even pay dividends later.Analyst’s Disclosure:I/we have a beneficial long position in the shares of EVVTY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You