The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: I hope you can hear me.
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: So Martin, I noticed you mentioned that you're sort of underserving the market. When do you think that you will be out of such a situation and
actually be on par with the demand?
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: And Madrid is open today, the other one start -- year 1 launch, is that for the near term? And also could you comment on when you expect
Connecticut Live to be open?
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: Okay. And looking at your activity in April, do you see any change of trends compared with Q1?
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: Okay. And how many of these games do you have left to launch for the rest of the 2022 where you are now?
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: Okay. Then North America, it's Ontario and you're going to launch in Connecticut and you have the -- you have the Lightning Roulette game. Do
you expect any change of the growth rates during the coming quarters in North America?
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: Okay. And I saw that you commented in the media here this morning that you had concluded the internal review. Can you comment a bit more
on that, please?
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: Okay. And has that impacted the business, your conclusions and your actions. Has that impact -- had any impact on the business in the last 2
quarters?
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: Okay. And this new lobby, I'm curious about what are the sort of -- if you would summarize the improvements for consumers and the operators,
what would you say?
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: Okay. And just to add 2 more questions just before I let the others. The EBITDA margin, did you expect to reach above 70% already in Q1 when you
set that target for 2022?
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APRIL 28, 2022 / 7:00AM, EVOG.ST - Q1 2022 Evolution AB (publ) Earnings Call
Question: Martin Arnell - DNB Markets, Research Division - Analyst
: Okay. And your cash position, I think you have EUR 440 million. And just curious, you did some buybacks in Q1. How are you thinking about M&A
possibilities, potential to add a new vertical in the long term sort of what's stopping you from those initiatives?
Question: Marlon Varnik - Nordea Markets, Research Division - Analyst
: Can you hear me?
Question: Marlon Varnik - Nordea Markets, Research Division - Analyst
: So just a follow-up question here on studio opening. I mean, I think take [Peru], for example, with the live casino studio. How do you assess the
growth possibilities here in South America with the live casino opening and why it might be a later thing to do?
Question: Marlon Varnik - Nordea Markets, Research Division - Analyst
: Clear. And another follow-up question here. I mean, given the pent-up demand you see, have you seen any supply chain problems in the quarter
that has dampened growth in these specific regions, for example, materials like dices for tables and so on? Any comments here would be appreciated.
Question: Marlon Varnik - Nordea Markets, Research Division - Analyst
: And given this, I mean, are there any specific regions that are relatively more affected? I would assume as we do, for example, North America region
here.
Question: Marlon Varnik - Nordea Markets, Research Division - Analyst
: And lastly, more broad question here. I mean looking at the past 2 years, the unregulated share of sales has slightly decreased despite the very
strong Asian growth soon. Based on what you see today with more markets regulator like casino, is the trend of unregulated share of sales decreasing,
a trend you expect to continue? Any comments here would be appreciated.
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APRIL 28, 2022 / 7:00AM, EVOG.ST - Q1 2022 Evolution AB (publ) Earnings Call
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