Martin Carlesund
CEO of Evolution
Replay available
Evolution AB (publ) (EVO) Q1 2026 Earnings Call
Evolution AB (publ) (STO: EVO) Q1 2026 earnings conference call, held 2026-04-22. Replay captured from the company's public earnings webcast.
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Joakim Andersson
CFO of Evolution
Praveen Gondhale
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Georg Atling
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Ben Shelley
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Martin Arnold
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Ed Young
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:01.347 -- 00:00:06.194 Good morning, everyone. Welcome to the presentation of Evolution's Interim report for 00:00:06.194 -- 00:00:09.115 the first quarter of 2026. 00:00:09.639 -- 00:00:12.624 My name is Martin Carlesund and I'm the CEO of Evolution. 00:00:12.624 -- 00:00:16.830 With me, I have our CFO Joakim Andersson. 00:00:16.830 -- 00:00:21.717 As always, I will start with some comments on our performance and then hand over to Joakim 00:00:21.717 -- 00:00:24.080 for a closer look at our financials. 00:00:24.080 -- 00:00:29.769 After that, I will conclude an outlook and then we will open up for your questions. 00:00:29.769 -- 00:00:32.470 Next slide, please. 00:00:36.093 -- 00:00:41.164 So let's start with the financial and operational highlights in the quarter. 00:00:41.164 -- 00:00:46.556 Net revenues were Euro 513 million corresponding to year-on-year decline of 1.5%. 00:00:46.556 -- 00:00:48.962 EBITDA came 00:00:48.962 -- 00:00:50.886 in at 335.3 00:00:50.886 -- 00:00:54.790 million corresponding to a margin of 65.4%. 00:00:55.415 -- 00:00:58.622 The regional development was somewhat mixed in the quarter. 00:00:58.622 -- 00:01:03.694 Europe is not performing well at the moment, whereas Latam is having a great 00:01:03.694 -- 00:01:08.524 momentum. North America continues its steady growth at a slightly higher pace than in 00:01:08.524 -- 00:01:14.382 Q4. In Asia, we made some further progress on combating cybercrime. 00:01:14.382 -- 00:01:19.268 Live revenue was hurt by the development in Europe and declined 3.1% on year-on-year 00:01:19.268 -- 00:01:24.054 basis. R&G took a step forward with a higher growth than what we have seen in the past 00:01:24.054 -- 00:01:27.818 quarters, up 8.1% year-on-year. 00:01:27.818 -- 00:01:32.364 During the qua...