Wish to know More About Evolution Gaming?
On this slide, you see the logo variety of the 12 Live games that we launched during the year. Two of the strongest brands in our portfolio are our Lighting and Crazy Time. We grew Live revenue at 21.1% compared to Q4 last year, summarizing to total income of €406 million. In the fourth quarter, RNG revenue amounted to €69.eight million, which is a growth of 4.5% compared to Q3, but a adverse development of 3.7% compared to the exact same quarter last year. Revenues in the quarter enhanced by 16.six% to €475 million with the year-to-date development amounted to 23.five%. EBITDA in the quarter elevated by 20.5% to €337 million, corresponding to a margin of 70.9%. For the full year, we reached a margin of 70.five%, which is in the upper portion of our 68% to 71% guidance of 2023. For those causes, I am strongly bullish on Evolution’s shares, which give a enormous discount of almost 40% compared to its fair cost of €163 in a base case situation.
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