Slide 1: Interim Report January-March 2023
Interim Report January-March 2023 27 April 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 • Continued expansion in North America - Red Tiger jackpots launched in 5 jurisdictions - Mega Ball launched in Canada • New customers in Europe • High focus on LATAM • Transition to the new Smart Lobby co
Slide 3: Highlights in the quarter
Highlights in the quarter First quarter of 2023 (Q1 2022) • Operating revenues +31.5% to EUR 429.6 million (326.8) • Live growth +36.1% to 360.1 MEUR (264.5) • RNG growth +11.6% to 69.5 MEUR (62.3) • RNG pro-forma growth +0.6 to 69.5 (69.1) • EBITDA +30.7% to EUR 300.2 million (229.7) • EBITDA margi
Slide 4: Increase in staff
Increase in staff Headcount end of period YoY growth 20 000 21% 18 000 17 026 17 331 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 4
Slide 5: Activity in the network
Activity in the network Game Rounds index – All games YoY growth 300 +66% 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 5
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Slide 7: Geographic breakdown
Geographic breakdown Revenue per Region Jan-Mar Apr-Jun Jul-Sep Oct-Dec Jan-Mar Group, EUR millions 2022 2022 2022 2022 2023 Europe 152.4 151.9 159.2 170.0 173.7 Asia 103.4 110.9 127.8 136.2 154.0 North America 36.8 46.1 50.2 56.2 57.3 LATAM 17.2 19.4 24.8 26.9 30.0 Other 17.1 15.7 16.5 18.2 14.6 To
Slide 8: Financial development
Financial development 69,9% 70,3% 69,9% 68,9% 69,3% 69,0% 68,6% 67,9% 68,0% 64,8% 65,1% 63,2% 429,6 407,5 378,5 55,7% 344,0 326,8 300,2 300,2 279,5 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 90,7 64,1 20Q1 20Q2
Slide 9: P/L detail
P/L detail Jan-Mar Jan-Mar Apr 2022- Jan-Dec Group, EUR thousands 2023 2022 Mar 2023 2022 Revenues - Live 360,104 264,502 1,283,910 1,188,308 Revenues - RNG 69,470 62,265 275,634 268,429 Total operating revenues 429,574 326,767 1,559,544 1,456,737 Personnel expenses -82,933 -63,468 -309,063 -289,598
Slide 10: Cash flow and financial position
Cash flow and financial position Capital expenditure Operating cash flow Balance sheet summary EUR m 300 90% 30 9% 31/3/ 31/12/ (EUR m) 2023 2022 80% 8% 250 Total non-current assets 3,245.2 3,260.0 25 7% 70% Current assets 651.3 576.8 20 6% 200 60% Cash and cash equivalents 759.7 532.6 5% 50% Total
Slide 11: Outlook for 2023
Outlook for 2023 Very exciting 2023 roadmap Continued expansion Continue to take market-shares and to increase gap to our competitors 11
Slide 12: Q&A
Q&A ir@evolution.com