The 에볼루션카지노 is a very successful online casino that has grown substantially over the last year. They are a team of Founders with a very strong culture and are growing their EBIT (Earnings Before Interest and Taxes) each month. This is a very good sign and a sign that the business is on the right track.
The Evolution Casino group's EBIT growth over the past year is impressive. It was a 67% growth over the same period in the previous year. This is an important milestone for the Evolution Casino Group, as future earnings will determine the ability to maintain a healthy balance sheet.
Total revenue for the Group increased +17.7% versus the same period in the previous year. Revenue was up in all geographies. In addition to Central and Eastern Europe, revenue increased in Western Africa, North America, Latin America and the Middle East.
Total EBITDA also improved. The group's gross margin rose by 5.4 points to 46.8%, due to favorable weather effects and efficiency gains.
First half revenues were EUR10 942M (at constant exchange rates) and increased +15.6% versus the same period in the previous year. Like-for-like sales increased by 18.6%, while back catalogue sales were up 33.3%.
Overall revenue increased by 7%, excluding France, with Central and Eastern Europe up +19.6%, Africa/Middle East up +12.3% and Rest of World up 6.9%. These increases were driven by contract wins in the Middle East, energy services in the Middle East and Morocco.
When analyzing a company's debt, the balance sheet is a key area to consider. The future earnings of a company determines whether or not it will have a healthy balance sheet. Evolution Gaming Group AB (publ) is a Swedish-based company that provides land-based and mobile live casino games. They also have a live casino studio for television. In the past year, they increased their EBIT by 67%. This growth will help them to better handle their debt. But, if you have been watching the recent developments between FinansResurs, LLC and Evolution Gaming International, LLC, you know that the company has a few things to say about the lawsuit.
Evolution Gaming moved to dismiss the complaint. FinansResurs opposed the motion to dismiss, but moved for sanctions. It also moves for an award of fees and costs. However, Evolution Gaming's arguments regarding the authenticity of its documents are not suited for this stage of the litigation.