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Evolution stock: growth

EVO.ST
$86.79Closing price of 12 Nov 2026MEQIRI Score 89 out of 100

Evolution reported $2.35B in revenue for fiscal 2025, down 4.3% on the prior year, up 30.4% a year on average over up to five years.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
38.3%
per year from 2012 to 2025, per share 36.8%
Earnings (Annual rate)
44.7%
per year from 2012 to 2025, per share 43.3%
Free cash flow (Annual rate)
50.7%
per year from 2012 to 2025, per share 49%

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2020since 2015since 2012
Revenue30.4%39.4%38.3%
Revenue per share27.9%37.7%36.8%
Earnings30.1%48.7%44.7%
Earnings per share28.1%47.4%43.3%
Free cash flow34.2%58.7%50.7%
Free cash flow per share31.6%56.8%49.0%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
  • Free cash flow
Figures as a table
YearRevenueEarningsFree cash flow
2012$34.65M$9.65M$6.5M
2013$42.96M$7.94M$4.25M
2014$53.78M$13.4M$9.14M
2015$84.61M$22.19M$13.24M
2016$127.94M$35.17M$9.8M
2017$197.67M$68.85M$46.02M
2018$271.95M$92.48M$74.14M
2019$405.29M$165.91M$161.43M
2020$621.79M$315.39M$309.34M
2021$1.18B$670.88M$595.39M
2022$1.61B$934.53M$864.9M
2023$1.99B$1.19B$1.19B
2024$2.45B$1.38B$1.29B
2025$2.35B$1.18B$1.34B

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = SEK 9.9729, $1 = €0.9024)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 31 Mar 2016)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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