Slide 1: Interim Report January-June 2023
Interim Report January-June 2023 21 July 2023 CEO, Martin Carlesund CFO, Jacob Kaplan
Slide 2: Highlights in the quarter – Operational
Highlights in the quarter – Operational • Strong world-wide demand for Evolution online casino • First studio in LATAM • Successful launch of Funky Time • More games in North America
Slide 3: Highlights in the quarter
Highlights in the quarter Second quarter of 2023 (Q2 2022) January-June 2023 (1H 2022) • Operating revenues +28.2% to 441.1 MEUR (344.0) • Operating revenues +29.8% to 870.6 • Live growth +33.5% to 371.8 MEUR (278.5) MEUR (670.7) • RNG growth +5.8% to 69.3 MEUR • EBITDA +30.8% to 611.9 MEUR (467.9)
Slide 4: Increase in staff
Increase in staff Headcount end of period YoY growth 20 000 14% 18 000 17 331 17 447 17 026 15 917 16 000 15 297 14 341 14 000 13 410 12 289 12 000 11 311 10 226 10 000 9 506 8 240 8 000 7 395 6 764 6 000 4 000 2 000 0 20Q1 20Q2 20Q3 20Q4 21Q1 21Q2 21Q3 21Q4 22Q1 22Q2 22Q3 22Q4 23Q1 23Q2 4
Slide 5: Activity in the network
Activity in the network YoY growth Game Rounds index – All games +56% 300 275 254 250 232 203 200 176 153 150 135 115 120 110 100 100 50 0 20Q4 21Q1 21Q2 21Q3 21Q4 22Q1 22Q2 22Q3 22Q4 23Q1 23Q2 5
Slide 6: BAC SARAT |
BAC SARAT | s/ive
Slide 7: Geographic breakdown
Geographic breakdown Revenue per Region Apr-Jun Jul-Sep Oct-Dec Jan-Mar Apr-Jun Group, EUR million 2022 2022 2022 2023 2023 Europe 151.9 159.2 170.0 173.7 175.2 Asia 110.9 127.8 136.2 154.0 164.5 North America 46.1 50.2 56.2 57.3 55.5 LatAm 19.4 24.8 26.9 30.0 31.3 Other 15.7 16.5 18.2 14.6 14.6 Tot
Slide 8: Financial development
Financial development 69,9% 70,3% 69,9% 70,7% 68,9% 69,3% 69,0% 68,6% 67,9% 68,0% 64,8% 65,1% 63,2% 441,1 429,6 407,5 378,5 55,7% 344,0 326,8 311,7 300,2 300,2 279,5 Revenue 276,0 256,7 261,0 238,2 EBITDA 235,8 229,7 EUR 206,9 EBITDA, % million 192,9 177,7 174,7 160,1 140,0 128,3 115,1 115,6 81,1 90
Slide 9: P/L detail
P/L detail Apr-Jun Apr-Jun Jan-Jun Jan-Jun Jul 2022- Jan-Dec Group, EUR thousands 2023 2022 2023 2022 Jun 2023 2022 Revenues - Live 371,800 278,467 731,904 542,969 1,377,243 1,188,308 Revenues - RNG 69,275 65,491 138,745 127,756 279,418 268,429 Total operating revenues 441,075 343,958 870,649 670,72
Slide 10: Cash flow and financial position
Cash flow and financial position Capital expenditure Operating cash flow Balance sheet summary EUR m EUR m 300 90% 30 9% 30/6/ 31/12/ (EUR m) 2023 2022 80% 8% 250 Total non-current assets 3,142.7 3,260.0 25 7% 70% Current assets 601.3 576.8 20 6% 200 60% Cash and cash equivalents 541.7 532.6 5% 50%
Slide 11: Outlook for 2023
Outlook for 2023 More than half of planned games releases 2023 during H2 Continued expansion Continue to take market-shares and to increase gap to our competitors 11
Slide 12: Q&A
Q&A ir@evolution.com