Replay available

Evolution AB (publ) (EVO) Q4 2025 Earnings Call

Evolution AB (publ) (STO: EVO) Q4 2025 earnings conference call, held 2026-02-05. Replay captured from the company's public earnings webcast.

Thu, February 5, 2026 at 3:00 AMendedReplay
Evolution AB (publ) (EVO) Q4 2025 Earnings Call

Hosted by

Featured presenters

Martin Karlsson

CEO, Evolution

Joakim Andersson

CFO, Evolution

Ed Young

Analyst, Morgan Stanley

Georg Atling

Analyst, Pareto Securities

Martin Arnold

Analyst, DNB Carnegie

Monique Pollard

Analyst, Citi

Ben Shelley

Analyst, UBS

Andrew Tam

Analyst, Rothschild & Co. Redburn

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.892 -- 00:00:05.180 Welcome to Evolution Q4 Report 2025 presentation. 00:00:05.180 -- 00:00:10.370 During the Q&A session, participants are able to ask questions by dialing pound 00:00:10.370 -- 00:00:15.359 key five on their telephone keypad. Now I will hand the conference over to the speakers, 00:00:15.359 -- 00:00:18.906 CEO Martin Carlison and CFO Joachim Andersen. 00:00:18.906 -- 00:00:21.386 Please go ahead. 00:00:23.065 -- 00:00:28.250 Good morning, everyone. Welcome to the presentation of Evolution's year-end report for 00:00:28.250 -- 00:00:33.375 2025. My name is Martin Karlsson, and I'm the CEO of Evolution. 00:00:33.375 -- 00:00:37.059 With me, I have our CFO, Joakim Andersson. 00:00:37.059 -- 00:00:41.844 As always, I will start with some comments on our performance, and then hand over to 00:00:41.844 -- 00:00:44.226 Joakim for a closer look at our financials. 00:00:44.226 -- 00:00:49.351 After that, I will conclude with an outlook, and then we'll open up for questions. 00:00:49.351 -- 00:00:51.892 Next slide, please. 00:00:54.014 -- 00:00:57.358 So let's start with the financial and operational highlights in the quarter. 00:00:57.358 -- 00:01:01.944 Overall, we saw somewhat better performance in Q4 compared to Q3. 00:01:01.944 -- 00:01:05.208 The net revenues came in at €540 00:01:05.208 -- 00:01:09.793 million, corresponding to quarter-on-quarter growth of 1.4%, 00:01:09.793 -- 00:01:14.799 but a year-on-year decline of 3.7%. Adjusted EBITDA amounted 00:01:14.799 -- 00:01:16.561 to €341.5 00:01:16.561 -- 00:01:19.843 million, giving a margin of 66.4%. 00:01:21.031 -- 00:01:25.577 Asia turned back to modest growth quarter on quarter, signaling some progress in our 00:01:25.577 -- 00:01:29.321 hard work to battle the cybercriminality in t...