Evolution has reported a 37% top-line increase for Q3 spurred on by a “high demand” for live casino content.
The group generated €378.5m ($381m) in third quarter operating revenue, up from €276m for the prior-year period. EBITDA, in turn, experienced a 35% increase to €261m, up from €193m. However, this corresponds to a slightly lower margin of 69%, down from 70%. Operating profit, meanwhile, climbed from €172m to €236.4m, an over 37% increase.
Evolution’s bottom-line similarly experienced solid growth. The group produced €221.3m in profit for the period, up 41% year-on-year and corresponding to a profit margin of 59%, up from 57%.
Live casino games were responsible for the lion’s share of the group’s Q3 revenue.
