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For 2024 and 2025, I count on RNG growth to be in the low variety of management guidance with a 10% YoY development, although Live games continue to grow at a 30% price. The compensation structure is primarily based on a base salary plus a variable payment restricted to 100% of the base salary. The firm doesn't at the moment disclose sales for the acquired firms, but considering that 2020, they have disclosed revenues from Live games (Evolution and Ezugi) and RNG (NetEnt, Red Tiger, Large Time Gaming, and Nolimit City). Right after these two acquisitions in 2021, the corporation launched its One particular Quit Shop, enabling its customers to access all of Evolution's games from one platform and facilitating the launch of new games. This has been the most significant acquisition and the total consideration was €2,280M, which was produced by means of the exchange of .13 Evolution's shares for a single NetEnt share, escalating the quantity of Evolution shares from 189M to 220M shares. NetEnt's revenues for 2020 had been €202M, with €36.8M in profit immediately after taxes, providing an acquisition cost of 11x revenue. Games like Funky Time truly differentiates Evolution from our competitors, and a lot of of our players play the initial ever Evolution game round on Funky Time and right after that move on to play also other of our games. In Latin America, most countries have legalized on the web gaming, which I count on to be an growing supply of income for Evolution due to the fact it only accounts for 7% of the revenues.

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