Evolution AB (publ) (EVO) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.459 Now I will hand the conference over to the speakers, CEO Martin Karlsson and CFO Joakim 00:00:05.459 -- 00:00:08.520 Andersson. Please go ahead. 00:00:09.445 -- 00:00:11.508 Good morning. Welcome 00:00:11.508 -- 00:00:16.732 everyone to the presentation of Evolutions report for the first quarter 2025. 00:00:16.735 -- 00:00:20.300 My name is Martin Karlsson and I'm the CEO of Evolution. 00:00:20.300 -- 00:00:24.847 With me, I have our new CFO Joakim Andersson. 00:00:24.847 -- 00:00:29.528 Joakim joined Evolution in February and it's great to have you here Joakim. 00:00:29.528 -- 00:00:33.151 I will start with some comments on our performance in the quarter and then hand over 00:00:33.151 -- 00:00:35.934 to Joakim for a closer look at our financials. 00:00:35.934 -- 00:00:41.478 After that, I will conclude with an outlook and then we'll open up the call for questions. 00:00:41.478 -- 00:00:43.939 Next slide, please. 00:00:47.364 -- 00:00:50.987 Let's start with the financial and operational highlights of the quarter. 00:00:50.987 -- 00:00:54.150 And first, let's focus on the operational 00:00:54.150 -- 00:00:58.790 side, as two activities have had certain impact on the financial result. 00:00:58.790 -- 00:01:03.177 The first one, which I highlighted already in the last earnings call, is that we started 00:01:03.177 -- 00:01:08.104 to add new technical measures that aim to more effectively ring fence the markets with 00:01:08.104 -- 00:01:13.532 a local regulation and ensure that our gains are only available with locally licensed 00:01:13.532 -- 00:01:17.178 operators for markets where such license exists. 00:01:17.178 -- 00:01:21.545 Following the introduction of such ring fencing measures in the UK, we have moved forward 00:01:21.54...